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Done!
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2011 Aug 17, 2:30am
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?
Done!
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2011 Aug 17, 2:35am
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.
Done!
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2011 Aug 17, 2:36am
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.
If our country's economic prosperity DEPENDS on Government programs, then we should not expect any different outcome than the Soviet Union.
Done!
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2011 Aug 17, 2:41am
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.
Housing is going to do what housing is going to do, until the Lemmings gets bored.
What is hindering growth through out the world is America's unwillingness to not necessarily regulate Commodities, but not enforcing antitrust laws already there.
6. The next generation of workers are graduating from college with unsustainable amounts of student debt that will strangle them for decades to come.
This is more a problem of the Young generation expecting a certificate to be a proxy of hard work, sticktoitniveness and perseverance. This is not only a problem of College grads but youngsters across all socioeconomic boundaries. They are not much different than their parents that say housing is too expensive, because they can't afford to live next door to Nancy Pelosi.
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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