I mentioned 10 factors on why the Economy is in bad shape in another thread. NOBODY has magic solutions.
Ah yes, but IF you were correct and everyone therefore admitted that they didn’t know what to do and by that admission didn’t do anything – would that not have been better than tossing $787 billion of the taxpayers money down a rat hole?
The real facts are that IF the money had been put in the hands of the taxpayer (instead of taking it out of their wallets) through tax cuts and/or tax rebates, there would be money to put into the economy since taxpayers and businesses would not have stopped spending. We stopped spending because we see the big debt payments coming down the pike and aren’t foolish enough to continue to spend like we use to.
Next: there is NO WAY Barack Hussein Obama will resign. He’s far too egotistical. While some of you suppose that as you’ve finally figured out the B.O. doesn’t know what he’s doing – BO also knows he’s incompetent. Wrong. I believe he probably knows exactly what he’s doing and doing it well. You just didn’t have a clue that he really meant it when he told Joe the Plumber what he wanted to do was spread the wealth around. He wants more entitlements for the “poor” (which many should be classified as comfortable on the government taking care of them instead of really poor) while taking from the “rich” (those that put in hard work and end up being rewarded monetarily for it) to pay for these new entitlements.
