U.S. Unemployment: From Bad to Worse [View article]
For those who think recovery is just around the corner, that corner is years away. There is nothing, absolutely nothing, to encourage business and job growth. Government growth and spending only makes the current mess even worse.
Does it really make any difference? 15 million still unemployed. National debt out of sight. The Nation is bankrupt. No news from the current administration that it is interested in creating a positive attitude toward the private sector which would permit new businesses and thus more job growth. Current group believes government is the cure-all and end all for solving today's problems. One fact for sure, current policies will be the end of America.
Why Opposition to Deficit Spending Is Growing Rapidly [View article]
Government decides it is time to fix infrastructure. Great idea? Who provides the money? The taxpayer and/or deficit spending? Government does not create new businesses and new jobs. Whatever the government spends it must raise taxes and/or deficit spend. This does not help the American free enterprise approach. In fact, it destroys free enterprise and freedom. Government is a parasite that bleeds individuals and many businesses. Until more people understand the destructive nature of a government out of control, current problems will not be solved. And anyone who, like Mr. Corson, believes that running larger deficits 'in these kinds of times' is sound and intelligent financial policy must still expect the tooth fairy to show up when all our teeth are gone.
Despite What You May Have Heard, There's Hiring Going On [View article]
Hiring is always going on. That should make the 15 million unemployed jump up and down with joy. For those unemployed suggest you call Dr. Bill. He knows that hiring is going on and he will direct you to those hiring. Just wonder what Dr. Bill has been drinking lately.
The real unfortunate part of this story is that many BIG businesses are in bed with government and love central control. It eliminates competition, adds to big business profits along with many politicians receiving large donations from the selected big business elite few. This program of raping the public has been going on for over a century. I have tried to place all the blame on government, but big business is just as guilty for our present mess. To overcome this double obstacle will take Herculean effort.
Consumer Confidence in the Tank, But the Fed Doesn't Care [View article]
And that is exactly what Obama and his gang want, complete destruction of America as we know it. Massive federal government, a controlling federal government and people who are now slaves to the State. Sad, but true.
The heart of the bill, 3 new agencies. That is where I stopped. We do not need more government agencies, more government control and more expense. It is a bad bill, period.
Charlie Gasparino: Another Crash 'Has to Happen Again' [View article]
A greedy, dishonest, ignorant, spendthrift, self-serving and incompetent government is the cause of our problems. Until this is changed nothing beneficial will ever happen. It sets the standard and the people follow, all the way to destruction.
FOMC Statement: English Translation [View article]
The Fed has no idea, period. Truth is a foreign language to those in government and government sponsored groups. The past also makes no difference. It never did work, but this time is different and it is certain to work. There are some in the 'looney' asylum that are more intelligent.
GDP consists of; consumer spending, investment spending and last but not least, government spending. No where do I read that consumers are spending or that new investment spending is up. How does that add to the GDP? I do know that the government is on a spending binge, but other than being a part of GDP, what does such spending truly add to an upbeat and healthy GDP? Government is a parasite that steals money, thru taxes, from the citizens or prints money, causing inflation which steals even more from citizens. Figures may not lie, but liars figure. Your choice. Is the economy really up or just a political aberration?
Unemployment Is Likely to Go Higher [View article]
Why anyone would think otherwise indicates he or she has no interest in the truth. And the truth is, the current administration is doing all it can to increase unemployment. If you do not believe that then you are not listening to all the programs, either in place, or about to be in place that will do just that. Such as; new health care bill, cap & trade bill, higher tax bill, higher minimum wage bill, value added tax bill, bills restricting energy increases, huge federal debt increases, and this is just a start. And on the 'plus' side for job growth, a few so-called 'green' jobs that are costly and accomplish little. Wake-up Americans and learn the truth.
Why do writers seldom talk about what it would take to get this economy back on a healthy road? Like a smaller and less intrusive and controlling federal government. Like lower taxes. Like eliminating many rules, regulations and laws that prevent the private sector from doing it's job. It is the private sector that creates new businesses and new jobs. It is the private sector that keeps the government sector afloat. Yet the public sector does all it can to stifle that sector. Makes no sense to me.
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Latest | Highest ratedU.S. Unemployment: From Bad to Worse [View article]
Will Black Friday Be Boom or Bust? [View article]
Latest Housing Numbers Are Quite Misleading [View article]
Why Opposition to Deficit Spending Is Growing Rapidly [View article]
Despite What You May Have Heard, There's Hiring Going On [View article]
U.S. Job Losses Demystified [View article]
Consumer Confidence in the Tank, But the Fed Doesn't Care [View article]
The Dodd Bill: Generally Very Good [View article]
Charlie Gasparino: Another Crash 'Has to Happen Again' [View article]
FOMC Statement: English Translation [View article]
Bemused by GDP Figures [View article]
How Washington's Policymakers Are Damaging the U.S. Economy [View article]
Ugly Jobs Report Puts a Dent in V-Shaped Recovery Scenario [View article]
Unemployment Is Likely to Go Higher [View article]
This Recession Ain’t Over [View article]