I find is amusing, all this political stuff happening across the nation. Nothing soothes the American palate most watching career politicians scurrying throughout their districts in need of support, and being told that it's time to give up the seat.
Millions of Americans, 17M estimated by the Bureau of Labor Statistics, are unemployed, and because Congress has yet to energize the economy with a cogent plan that does not stifle economic prosperity, millions of voters are finally having a say in the coming election. They are planning a massive routing of Congress, and for the second time in five years, both Houses stand a chance of switching party control.
Americans are visibly angry and rightly so. We are going on three years with stagnant economic growth, businesses afraid to lend or invest and hire, and an end to the Bush tax cuts at the end of the year.
Meanwhile, President Obama flirted with the idea of a $50B stimulus to help build up infrastructure and green technology. That plan was sunk by Congress days later, because Americans do not want more government spending which will saddle future generations with a higher debt for the failure of today's leaders not being able to control spending and debt.
Today, as he has done in the past, President Obama has taken the GOP to task. It is an effort that is rather too little, too late given the president and his party's ignoring calls from the GOP to early last year to come to the table to craft pertinent legislation.
Fact is, Obama can call out the GOP all he wants, but voters have grown weary of such attacks. It will not work. It is too late for Obama and the congressional Democrats to stem the tide against them.
When Obama decries Bush's tax cuts and refuses to support extending it unless the cuts to the rich are taken out, and then you read about a number of Democrats supporting full extension of Bush's tax cuts, what does both messages say to the American people?
How can a president blame the economic mess on Bush's tax policies, and then you see Democrats running in support of that very same Bush policy?
Look, neither President Obama nor the congressional Democrats know or have a cogent plan to help the economy. The president's economic advisors are not men and women who come from the business sector. They are professors who understand economic theory ensconced in their academic bubble, but know absolutely nothing about actual business practices.
The United States is on the verge of a political revolution like that which hasn't been seen since 2006 and 1994. Americans want real, positive political and economic changes that betters the standard of life for all. Americans are sick and tired of class warfare, high taxation, federal mandates, government spending and meddling, and an end to immigration abuses. Americans want a return to Constitutional government, and if it takes political turmoil at every election, then by far they are going to wreak havoc until the right leaders are elected to implement the necessary changes that's called for.
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Friday, September 10, 2010
Saturday, August 21, 2010
Passing the buck, Obama-style
So the US economy remains shaky even after the nearly $1T Stimulus Democrat package of 2009. The unemployment rate is at close to 10% or about 18M Americans. The DOW is riding waves surfboard riders wish they could see on either the Atlantic or Pacific. The national debt is at an astronomical $13T and mounting. And, tax increases looms beginning next year when former President Bush's tax cuts expire.
What does President Obama say about all of this data? Pretty much blames it all on congressional inaction.
How many more so-called Jobs and Stimulus bills will it take for the federal government to notice that such actions will not produce one iota of real jobs or stabilize the economy? The definition of insanity is doing the same thing over and over again and expecting a different result.
Unfortunately, Democrats don't pay mind to such reasoning. They control the purse-strings, and the entire government now. Can't blame the GOP for these bad numbers. The Democrats and Obama own these figures.
What does President Obama say about all of this data? Pretty much blames it all on congressional inaction.
How many more so-called Jobs and Stimulus bills will it take for the federal government to notice that such actions will not produce one iota of real jobs or stabilize the economy? The definition of insanity is doing the same thing over and over again and expecting a different result.
Unfortunately, Democrats don't pay mind to such reasoning. They control the purse-strings, and the entire government now. Can't blame the GOP for these bad numbers. The Democrats and Obama own these figures.
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