Skip to comments.10 Reasons Why The American Economy Is Awesome
Posted on 01/01/2012 11:26:47 AM PST by blam
10 Reasons Why The American Economy Is Awesome
Jan. 1, 2012, 8:24 AM
Slowly, the U.S. economy has been gaining steam and rhetoric in Washington has seemed a little less painful. Perhaps that's only apathy caused by four years of unease and turmoil. But the picture is definitely not nearly as bleak as in Europe.
Sure, economic data can be spun, and pundits who wish to point that the country's best may be behind it have ammunition.
But, we see a country that is ready to innovate, get back on its feet, and put people back to work.
Click here to see why the US economy is great >
(Excerpt) Read more at businessinsider.com ...
“But, we see a country that is ready to innovate, get back on its feet, and put people back to work. “
Where were your Christmas gifts made?
We’ll all be employed by big government?
You misspelled awful.
More like put your hip waders on before you read the article.
Awesome? What’s the writer smoking? All one has to do is drive through any town and see the empty storefronts and factories, the for sale signs, liquidations, bank auctions. Ghastly and heartbreaking is more like it.
I feel like I am knee deep in a field of cowpies reading this absurd fantasy!
Unrivaled investor protections
Businesses operate efficiently and without degree of corruption seen elsewhere
Even allowing that other countries are bad, the amount of favoritism in who gets bailed out, who gets government "investment," that MF Global customers have their money stolen in plain view of regulators, that we have to change the accounting rules or Wall Street would have imploded three years ago does make us Awesome. We are simply "Less Bad" on some of these things.
Higher taxes on the rich and corporations, bailing out outmoded and failing companies, increasing regulations on economic activities; policies which increase the cost of energy; empowering labor unions which (by definition) make companies less productive; health care mandates which increase employment costs; massive government debt; arbitrarily preventing companies like Boeing from opening new production facilities; official hostility toward petroleum, banking, insurance, pharmaceutical, etc. industries...
I don't know who 'we' is, but forgive me if I see just the opposite.
Those empty storefronts with “For Lease” signs all all over Indianapolis. Certain retail areas have very little left.
Even the low end stores are disappearing.
Nobody could convince me things are great.
Obama and his band of traitors are dismantling the country and condemning people to poverty.
Maybe things are good in Washington, but if those creeps ever quit thinking about themselves, they can see how bad it is for the people. Not that they care.
I see a government that is ready to strike down anyone who is willing to innovate.
Yup. Buffalo is exactly like that too. And I am not talking about the inner city. I am talking about first ring suburbs. You can crow all you want about first time unemployment filing dropping to 390,00, I measure economic recoveries by the number of construction cranes I see.
Note that Nancy Pelosi's net worth has gone up 62% in two years with this terrible economy.
"-The net worth of House Minority Leader Nancy Pelosi increased by 62 percent from 2009 to 2010. In 2009 it was reported that she had a net worth of 21.7 million dollars, and in 2010 it was reported that she had a net worth of 35.2 million dollars."
“we see a country that is ready to innovate, get back on its feet, and put people back to work”
Have you reported this to the White House? So they can get to work on changing this to make sure it’s more “fair” and the wealth is shared........
Place is occupied by criminals and thieves. I am hoping they get what they don’t want one of these days.
I can’t think of cretins more deserving of misery.
Each of these facts speak for themselves and have hard numbers to back them. Anybody who can't make it in America is either the victim of extremely unusual circumstance or is a professional underachiever.
“Businesses operate efficiently and without degree of corruption seen elsewhere
Even allowing that other countries are bad, the amount of favoritism in who gets bailed out, who gets government “investment,” that MF Global customers have their money stolen in plain view of regulators, that we have to change the accounting rules or Wall Street would have imploded three years ago does make us Awesome. We are simply “Less Bad” on some of these things.”
We are WAY less bad. Once we work through this necessary deleveraging we will boom again, if we avoid being taken over by Socialists in the meantime.