Vice President Joe Biden told us earlier this year that our economy would experience a recovery summer because of the Keynesian theories that the past and present administration implemented over the last two years.But there are many signs that we are entering into a Fall of Collapse instead of a Summer of Recovery. The unemployment rate continues to be high at 9.5%,new claims for unemployment are rising instead of falling,business are hoarding cash because of the uncertainty, and foreclosures are still up.
Earlier this year ,Obama told the country that the Republicans drove our economy in the ditch and that they couldn't have the keys back. They give no credence to the fact that Congressman Barney Frank and the progressive Congress helped the housing collapse by allowing Fannie Mae and Freddie Mac to contribute mightily to he problem.The question is,looking at the economic data,are we going in the right direction. It looks like this administration and Congress are driving the wrong way on a one way street. The majority of the country feels like we are going to wreck our economy even further if we continue on this path that the Dems are leading us.We need to close the left lane, keep out of the median,and merge right.
This road to recovery is creating more unemployment while driving under the influence of a Democratic controlled Congress And A Progressive administration. We need to take them off the highway before the economy crashes head on with economic sense and totaling beyond repair.This great country was created by Capitalism in which some make it and some fail.It is the envy of the world.We must not cross the yellow center line but stay right of center.The only thing the Government needs to do is create the environment for success by relaxing rules and regulations, not by imposing more bureaucratic control.
A record amount of spending has done little or nothing to improve the problems we face. Yet we continue down this road as many liberal are calling for even more spending with money that we don't have.The programs,such as cash for clunkers,housing tax credits, weatherproofing, and stimulus money that was thrown away by not policing where it went, has done nothing but put off the reality that we have to go through some pain before we improve.
The health care bill that was passed has kept companies form hiring because they know don't know how it will effect them,with the exception that it will definitely cost much more. These companies will learn to do more with less because of survival.Many of the jobs will probably never return.
In the past twenty months This President and Congress have continually violated the speed limit in passing Hugh pieces of legislation that will have dire consequences on our economy.They don't even entertain the thoughts of unintended consequences that will surface from these bills.We found out that they don't even read the bills, going as far to say they that it is waste of time to do so.The man who headed up the Senate on this bill,Senator Max Bacus,told a questioner that he had more important things to do.So they hire experts to draw up the bills while they let lobbyists to write the bills.Tell us what you do Senator besides campaigning and begging for money. We need to pull them over and take them off the road to recovery for reckless driving and speeding by passing unpopular bills by the majority of the people.
So Obama said that the Republicans drove the economy in the ditch, yet his administration has flunked the drivers test.We need to take away their drivers license for good, not just suspend them.We can accomplish some of this in November, but we must also call our Congressman and Senators to let them know how we ought to go forward.
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