sanshouheil wrote:The good news is the recession is over! They said so on ABC. 
LOL
Yeah, we both know that is misleading to say the least. In economic turmoil, businesses close down many stores, and keep only the most profitable. They shave overhead and shave employees, to bring the bottom line back to some semblance of profitability. Meanwhile, normal people, the middle class and lower than middle class, have been put out of work, lost their homes, moved in with others, friends or family, and applied for whatever government assistance is available.
When businesses have shaved everything they could, and begin to make a profit again, then yes, on the books, things seem to have improved. Profitability has returned, stocks may even have begun to rebound, etc... But this does not mean that life has improved yet, for the average American. Because a company has resumed some proitability, does not mean they also have enough spare cash to risk expansion again.
And with all the taxes Obamanomics requires, it is unlikely they will have it in the near future either. And without expansion or sufficient new businesses, then employment will remain stagnant. If this occurs, then businesses will not profit greatly, because there is just not enough disposable cash avilable to normal Americans to spend as they previously had. If they aren't spending, then businesses have sparse profits and bad holiday seasons.
Obama's taxes are going to go up even further. Many of them are not called "taxes" but that is what they are. Schemes like Cap and Trade, and raising taxes on the wealthy to subsidize everyone else's health care, not to mention how much debt and interest on that debt that has to be paid back...
Things are not going to get better.
They are going to get worse.
It's a house of cards waiting to fall even further.
If I am not mistaken, Obama will eventually reach TRIPLE the deficit that we had under Bush. But most networks won't bemoan that fact. Wasn't Bush evil, at least in part, for increasing the deficit? Obama is on the way to TRIPLE what occured under Bush, and many say he is not anywhere near finished with that debt accumulation.
Where is the outcry over Obama's policies? It seems they have made things MUCH WORSE, not better. Maybe he has borrowed the playbook from that Military Leader during the Vietnam war, who spoke the infamous line...
"We had to destroy the village to save it."
.