If Obama loses in November I think you’ll see things starting to loosen a bit up right after the election.
There is a point where cheap credit becomes toxic. It’s the point where the productive are being buried by taxes, regulations, and (in many cases) existing debt from trying to deal with taxes and regulations.
We’re WAY past that point.
So what is obama’s lackey trying to do? It’s called “monetizing the debt,” and it always ends in hyperinflation, stagnation of productivity, economic misery, and then violence.
It’s apparently what they want...
“to keep the economy from stalling again”
Nope...”to keep, their, economy from stalling...”
“We have been struggling through the weakest economic recovery the U.S. has seen”
“Recovery”??? since when?
A “recovery” of food stamp cards, Federal pension and retirements, unemployment 12-24-36 month insurance, 15 trillion deficit so called “recovery” ?
Until the Great Theft ends, real Americans are keeping wallets shut, thus unemployment high.
...flip of the coin on this one since Obama has doggedly swelled the ranks of the first and disenfranchised many of the latter.
If they would use the REAL numbers (not just people drawing unemployment compensation) but people who are not working Who want to work at a meaningful job, not greeters at Wallmart or burger flippers at Mickey D's.
The real numbers are probably closer to 20% unemployed.
“weakest economic recovery the U.S. has seen.”
Wouldn’t that statement require some positive improvement?
There is no recovery.
Every business I see is riding the red line of disaster.
It will be less not that the illegal invaders can openly go after what few low paid jobs are left. High paid they can forget, they don’t have the education for them.
Even US Citizens over 50 with tons of experience are being asked to take below par wages IF they can find a job. Lots of employers do NOT want any one over 40. Then you start to see the health cost issue come into play. As for these wet behind the ears just out of college, you have NO experience so it is low wage jobs and work your way up the ladder, just as they did in our parents days.
I started as a janitor, ended up as a wire harness maker making a whopping $5.50 a hr, before I was fired for being absent to much...baby was in the hospital, factory was notified...yet the ‘barbies’ who were sleeping with the bosses regularly missed Monday’s from weekend hang overs and were never even given a warning. I worked faithfully sick and all for 7 years, take off once with notice of sick child in hospital and I get fired. Union was useless. But they sure liked my dues.
"It's not..." you say?
Well DUH. Welcome to Econ 101.
Now, how do we get them to let go of their "controlled economy" bullshit and get us back on the track of real economic freedom?