The information contained in the original post pretty much explain why the country continues to suffer economically. If voters believe Team Obama' spin imagine what is going on in Washington.
The recession officially was over in 2009. Yet here we are better than half way through 2012 and food stamps receipients are increasing unemployment stated at 8.2% is factually double that amount. The deficit continues to rise and Team Obama's response is ObamaCare, huge tax increases, encouraging the Fed for another QE, two of which has given the Fed 62% of the bond holdings meaning us making it worthless and creating an environment for out of control nflation with bothQE and printing more money. The only valid point in the original post was that corporations are sitting on billions of dollars, and why is that so? Because Team Obama has created such an environment of uncertainty because of his tax proposals and imposing regulations that are creating the need to hire two people to handle the regulations for every person hired for production.
Economic theory is complex no doubt but it is clear that resoruces in the real world are limited. To suggest that more government control and higher taxes are both beneficial for private sector growth and continuing spending at a record pace is at a minimum disingenious and at maximum very very destructive. Well we are at destructive now quickly approaching "very"
The Dodd Frank Consumer Financial Bill will create as much damage as did Dodd/Frank's leadershipin their respective Chair roles concerning the home buyer market.
It would appear that common sense would dictate that some leveraging by individuals or companies is beneficial but leveraging the entire farm so to speak is going to bury you everytime. To save for a raining day is another common sense approach. The two previous common sense application permeate the conservative cultural.
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