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Why the Economy Will NEVER Improve


               
2011 Aug 17, 2:20am   5,648 views  21 comments

by HousingWatcher   follow (0)  

Despite all the "efforts" to improve the economy, I strongly beleive it will not anytime in the near future for several reasons:

1. Republicans don't want to do anything that will improve the economy since that will help Obama get re-elected. If he is re-elected, they will refuse to do anything that coudl remotely improve it during his 2nd term.

2. Jobs are being outsourced at an alarming rate and they are NEVER coming back.

3. Immigration: Each month, more people immigrate and come to the U.S on work visas than the number of new jobs that are created monthly. So even if we see an increase of jobs, when accounting for population growth, we actually lost jobs.

3. Corporations want the economy to stay weak since it ensures they have a large pool of cheap labor. If the economy improves, labor costs increase.

4. Austerity: We are now starting to see spending get cut singificantly and this will obvivously kill jobs... not just public sector jobs, but private sector ones too.

5. Hosuing: Until the housing market improves, the oerall economy will not. The two are tied together. Currently, all govt. eforts to stimulate the housing market have failed.

6. The next generation of workers are graduating from college with unsustainable amounts of student debt that will strangle them for decades to come.

#housing

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1   Done!   @   2011 Aug 17, 2:30am  

HousingWatcher says

1. Republicans don't want to do anything that will improve the economy since that will help Obama get re-elected. If he is re-elected, they will refuse to do anything that coudl remotely improve it during his 2nd term.

The Democrats are Bragging about the sheer numbers of people on Welfare, who's FOOLING who?

2   Done!   @   2011 Aug 17, 2:35am  

HousingWatcher says

3. Immigration: Each month, more people immigrate and come to the U.S on work visas than the number of new jobs that are created monthly. So even if we see an increase of jobs, when accounting for population growth, we actually lost jobs.

Actually the number is going down, there was just a report yesterday circulating around the internet, we're experiencing a neg population year over year.

I know countless people that have been here illegally that I've known since the late 80's that went back to their country on their own accord. Especially Peruvians, Peru experienced 30% growth in the last 5 years. Work has never been easier to find there, and if you want to start a business, just hang a sign on the door of your house. No license, certs, and regulation like here in the states.

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