Saturday, April 10, 2010

American Economy - 9/2009

So we are coming up on the one year anniversary of the financial market meltdown of September 2008. Normally, in the course of a market correction things would start moving in the right direction about now. What I see is an ever climbing unemployment rate, bankrupted state and federal governments and economic decline. Why are we struggling so? Didn't the feds pass a huge economic stimulus package? Didn't we take over entire industries? Didn’t we waste billions for cash for clunkers? We had 5 percent unemployment during most of the Presidential campaign. Now the economy continues to shed jobs. I think an important aspect of our current situation is the impact of our national leadership. They have chosen to pursue their goals instead of the best interests of the American people. They have ivory tower solutions that have never worked in the history of man. Instead of choosing proven solutions, they want to implement their agenda. The vice president said it yesterday, the stimulus package is working. The economy has shed millions jobs in the last 9 months. I believe ultimately the President's plan is to concentrate as much power as possible in his hands and dictate our future. This economic downturn is helping him achieve his goals. Since they passed their big government, union funding stimulus program, what have they been up to? Well, it would be cap in trade, government healthcare and prosecuting those that kept us safe. At a time of economic misery and decline, why would we be seeking to needlessly increase government interference in the economy? Cap in trade costs jobs and produces nothing. Healthcare reform at this point will cool the job market as businesses hold back on hiring while the government comes up with a new unfunded mandate and attempts to control our personal lives. A big part of the problem at this point is the uncertainty injected into our economy because of the agenda of the president. Even as we ponder all of this, his banking department is writing new regulations to cripple our financial markets. They want to make it less risky. The result will be less investment, less growth and a longer, deeper recession. Remember government stimulus is mostly about stimulating government (making it bigger) not about helping expand and grow our economy. It is time for the silent majority to speak and be heard. Our freedom is at stake.

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