Talk of The Villages Florida - View Single Post - Great Obama Depression in Real Wages
View Single Post
 
Old 06-03-2011, 02:28 PM
Guest
n/a
 
Posts: n/a
Default

US Manufacturing growth is substantially negative, the House Market continues downward and the private sector has produce little job growth.

Obama promised his policies would be "smart". His solutions a 2009 $814 billion stimulus and successive budget budgets (25% of spending)that raised the federal debt to its $14 trillion. Obama response was to re-reorganize two industries health and finance which werew not well thought out, poorly defined and so complicated that people across the country are in disarray trying to work through the numerous rules and regulations. I referer to two 2,000 page policies known as ObamaCare and the Dodd-Frank Law both of which also missed their marks.

Yet economic growth remains well under 3% with experts predicting no recovery in sight We owe more than $4 trillion more today than we did just two years ago. In 2008 our ratio of public debt toGDP was 40%, Today it is 68%. Make no mistake Obama owns this economy whether he or his administration deny it. We need a leader that can add and subtract