Top Opinion
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RandyScott 2012/09/21 19:45:29+4Both. As well as the entire Republican and Democratic parties. None of them care about doing the right thing, all they care about is who is in power, and how to keep it once they get it.























Bush may have created fewer jobs than Obama but with an unemployment rate of 5.5% the market didn't have a sense of urgency. Today, that's all we have.
Read this from the BLS:
http://data.bls.gov/pdq/Surve...
Bush: 01/01 4.2%, 01/02: 5.7%, 01/03 5.8%, 01/04 5.7% 01/05 5.8% 01/05 5.3%
01/06 4.7% 01/07 4.6% 01/08 5.0%
Mixed in the data there are quite a few months with rates in the low 4%'s and 5%'s
Obama has been in charge for almost 4 years. When does he take responsibility? Reagan recovered from Carter's economy within two years.
In capitalist economies, goods are produced for the sake of profit. Those who own and control the means of production will not hire workers and direct them to produce goods if they do not expect to sell those goods for a profit. As the productive capacity of the economy grows, however, demand does not always keep pace. Insufficient demand means goods go unsold. Capitalist employers cut back production and lay off workers. They stop spending on new buildings, machinery, materials, and so on. Workers who have lost their jobs, or are afraid of losing their jobs, cut back their spending as well. The economy can get caught in a vicious cycle: low spending causes low production, which causes low incomes, which causes low spending. This vicious cycle explains why official unemployment has hovered near 10 -12 % percent since 2008.
A huge problem is job mismatch. There are around 3 million job openings, but workers don't have the education or training to fill those positions. So, corporations go overseas to hire. Yet, many people don't want to invest in education in this country. They see it as a waste of money. A country is only as strong as the education it affords its citizens. We are failing dismally.
Let's take a look at what we are paying for:
http://nces.ed.gov/nationsrep...
8h Grade reading, 2011
Detroit - Below Basic:57 At Basic:36 At Proficient:7 Advanced:# (# Rounds to zero)
Milwaukee - Only 10% at proficient level (and teachers want more money?)
Cleveland - Only 11% at proficient level ("Keep Obama in president")
Thus, 93% of 8th graders are at of below basic reading skills. With all of the money that has been spent we have a combination of lousy teachers and students. Social promotion is what is going on so as not to offend.
...Bush.
It was like falling off the bike when you were a kid and skinning up your elbows and knees.
It hurt like hell at the time but got better as the days went on ........ unless ........ some pecker-head keeps purposely picking and ripping off the scabs on a daily basis.
Actually- when both W and Mc Amnesty started bringing this up the repugs controlled BOTH chambers- the hold outs were Frank and Dodd and refusing to let them out of committee- W should have leaned on them, and used his bully pulpit to let everyone know what the problem was, and who was refusing to allow anything to be done about it.
The difference though with Reagan was he did not have as many hardline leftist as W had to deal with- or at least they hid it better, and were willing to play the game some that the current group of Marxist refuse to
No, Fannie & Freddie should have been cut off and allowed the market to bottom out 3-1/2 years ago.
GM should have been forced to go through a normal bankruptcy and Barry souldn't have lied about shovel ready jobs that never existed.
3/4 of the $832 Billion should have been spent on EXISTING infrastructure that he keeps using for an excuse to get more $$ to prop up union pensions and waste on green energy failures.
EPIC failures, one right after another and enslaved even more of the populace onto Uncle Sam's Plantation.
Johnson converted Fannie Mae into a publicly traded entity to get them off the govt. ledger, then created Freddie Mac to prevent a too big to fail monopoly.
That all worked out REAL well.
They went from holding 24% of all mortgages to over 75%. It was all in the plan since the 60's. Redistricting without re-drawing the lines.