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At Least 43,000 New Obamaconomy Workers Freed Up

By jbog from LLY-Yahoo MB:

"While nothing final yet it looks to me the Obama stimulus bill will end up to be all talk and no action.

We were told for months and months about how it would build our infrastructure and as now that component will be less than 10% of the whole package.

The tax rebate will comprise a decent 40% portion while social spending will be the major spending item.

Unemployment benefits, health insurance, family planning and aid to the states are the major costs.

All and all this plan won't stimulate anything unless you get your condoms from the government...

Some day we'll find out the states are actually in worse shape than the banks and this plan lets the states continue their bad ways."

At Least 43,000 New Obamaconomy Workers Freed Up

John Polomny wrote:

"The Soviets also improved peoples lives relative to what they had under the czar yet I do not think anyone would argue for that economic system."

The above it totally untrue. It was the Soviet propaganda:
- People did not starve under the last czar.
- Following the 1917 revolution, Bolsheviks gave Russia the civil war (15 millions killed and 7 millions starved)
- In 1929-1931, 23 millions starve deliberately by Soviets. The purpose was to break peasants resistance to collective farms.
- In USSR, peasants and farm workers did not have passports. Consequently, they were literally slaves.
- 70% of Soviet budget went to military & industrial complex. This why Stalin was the major initiator of the WWII, Korean war, and was planning the WWIII. 37 millions Soviet people paid with their lives for the Stalin WWII adventure...
- Up to the last day of USSR, good many people went hungry

I can continue but you got the point.

At Least 43,000 New Obamaconomy Workers Freed Up

ScottIvan wrote:
"anyone recall what supposedly got us out of the Great Depression? WWII if I recall correctly."

There are very many misconceptions about the Great Depression. However, the quote above is perfectly correct.

Neither Hoover nor FDR believed in a free-market economy. Hoover started "a New Deal" and FDR accelerated it.

We can argue about many things but the fact is clear: the WWII ended the Great Depression in the USA. [Note that Nazi got Germany out of their depression in just 24 months.] Prior to the war, in spite of all "Deals", America was in a depression.

Why? Because
- The world was at war
- America had an enormous industrial and agricultural capabilities to supply the entire "Anti-Axis coalition" with everything from food to war material and supplies
- After the WWII was over, the entire world was terribly devastated and the USA took full advantage of it
- Everybody needed the US$ to buy American goods and services. The US$ became a world reserve-currency.

Now, back to the present world situation:
- American industrial might was terribly compromised during the last 20 years
- America became "a post-industrial society" [by B. Clinton and his advisers definition. The same Clinton people who presently advise, develop, and implement Obama economic vision]
- Until recently, America's "consumer society" economy has survived on
-- Huge influx of foreign goods
-- Huge international borrowing
-- Printing huge amount of US$-reserve currency "at will"

The above US economy drivers are in a great jeopardy since everybody understands that America will never be able to pay back it debts. This is the fact.

Obama thinks government spending, without fixing the under lining American problems, will get America out of the present disaster.

Yes, government spending can get America out of the present recession/depression like Hitler and Stalin have done it in 1930s and FDR during the WWII.

But, does America like to try Hitler's fascism or Stalin's socialism or the WWIII? This is the question!