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And the World bank warns joblessness will hamper any recovery.
Heck of a circle going on.
World Bank warns unemployment threatens US economy - Yahoo! Finance (http://finance.yahoo.com/news/World-Bank-warns-unemployment-apf-838983808.html?x=0&sec=topStories&pos=4&asset=&cco de - broken link)=
the criticism is that healthcare INSURANCE is not the biggest problem facing this country today. this administration needs to get its priorities straight.
we have huge expenditures with these wars, illegal immigration, the lost jobs (and the price of maintaining these unemployed workers with benefits), the bankrupt FDIC, the undercapitalized banks being guaranteed by taxpayers, fraud in medicare, etc.
address these bigger issues first! most americans realize that you CANNOT have a jobless economic recovery!
The problem Foridasandy...this administration doesn't care...to them the free market system represents evil that has to be destroyed...People fail to realize or don't want to believe it...Obama is a Marxist..
Crazy isn't it? People who claim to be capitalist blaming the gov't for not creating jobs. wow!
It's not to difficult to understand, if you have half a brain. BO is putting every roadblock he can in the way of business to create jobs. We don't need the government to create jobs, we just need the spineless leader to get out of the way and let business do it's thing. Everythink he does is a job killer.
1. a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole. 2. procedure or practice in accordance with this theory. 3. (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by the imperfect implementation of collectivist principles.
Here is a dictionary definition of socialism.
I know I'm wasting my time asking a conservative to explain himself, since they get their "news" and "ideas" from pundits. But can the original poster explain how Obama is socialist? Please do NOT redefine the word, it's plainly stated in American English above.
And this poster knows it's also stupid to ask a conservative to post his response in his/her own words, not someone else's but I'll ask the poster to please state your case in your own thoughts and words.
The government doesn't create jobs, the private sector does. How about a tax holiday for businesses and individuals. More peple with more money means they buy things. More purchases means more jobs.
Sorry, but in a deflationary cycle people save money and don't spend it as a result of perceived economic insecurity. Please note that despite more individuals being forced to dip into their savings as reflected by the 3rd quarter numbers, the aggregate personal savings rate is higher than it has been in years:
By the way, it seems that your argument is as totally in-line with my observation, i.e., the government should stay out of the economy, except that the government should spur economic growth through monetary policy. Which is it that you want?
Yeah, that jobs thing... get on it politicians!! instead of worrying about all this other stupid cr*p. They wouldn't have to be concerned with completely reforming our healthcare if we all had jobs to pay our dental and medical bills.
If those in Washington would stop worrying about all of that other stupid crap.. Jobs would return. As it stands now, what company in their right mind would hire more employees with
Healthcare
card check
cap / trade legislation
tax increases on the horizon
and who knows what else needs to be counted on.
Politicians are one of those groups that should be full of part time, seasonal employees, full time employment is just too dam destructive for america..
There was nothing in that article about socialism. The banks aren't lending money. That's capitalism, not socialism.
The banks arent lending money because they were all loaned money to shield them from the recession. They can reinvest this cheap capital and make more money from it than loaning out, and at less risk.
Why would a bank who receives say $1B loan from the government loan it out, only to have the government come along in a month and go...
"We need our money back, or you have to do x"...
No CEO would in their right mind loan these funds back out with the flip flop of a coin legislation going on in Washington.
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