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Originally Posted by cologal
I quess you missed the line about fixing the middle class. You can produce a product but if we don't have the money to buy things the business will go down. Its just that simple.
I am paying my 2 mortgages on time every month.....I pay my taxes. But we have to solve the housing crisis or this will continue.
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How do you legislatively solve greed and stupidity? That's the real housing crisis!
Producing products in the USA which are non-competitive gets us nowhere. We give most-favored-trading-status to communist/socialist countries who produce at one-twentieth the labor cost and don't tariff their products so that the American business can have a level business field. That's why we have a "jobs crisis" here.
We can continue to slam the previous administration for the debt level, but when most of that debt is due to the efforts to thwart terrorism and keep people safe. I say GOOD JOB! Going deeper into debt to subsidize special interests and trade pork for votes - that's counterproductive, as the stock market has shown all week long.