@izzythepush,
izzythepush wrote:
When did it become his recession? It's Bush's recession. He caused it.
Wouldn't the world be great if it were so easy??? The fact is that there has been no real recovery since things began to shoot the tube under Bill Clinton...Sure, the war helped, but not like domestic deficit spending would have, and it would have all added to the national debt which we are not paying... Now, the country has grown to depend upon income taxes rather than upon taxes on wealth...At the same time, we have exported our capital and our jobs and imported the products made with foreign labor... This has forced us to compete with that foreign labor which has usually been slave labor until we are nothing but slaves... In the process, wages have been driven down and even profits on labor to the point it will not support people or the government...In the example of this last depression, it may be that bankers and all who prime the economy with credit simply took too much; but the has been going on for such a long time that the wealth of this land is seriously drained... The people cannot pull the wealth out of their butts to support the government, and can barely get it to their mouths... And, the only people with wealth refuse to support the government... It is not the fault of the people, that they cannot support the government, and that the rich can refuse to, and make good their refusal to support the government...
If the government under the parties can so mismanage things and cannot fund itself it is done, and while that blame may not be laid at the feet of Mr. Obama completely, he has bought into it... We are selling out social programs to pay for money given to the rich in one fashion or another, which they have loaned to the government at interest they government can no longer pay... Where is the new deal??? Doesn't Mr. Obama have anything new to distract the people from their pain... Does he have no new promise to make to replace the promise they break??? We took the choices offered to us and this is what resulted... We never had a good choice to make, and it may be our pain, but it is their problem...