Sonny Clark
Diamond Member
- Dec 12, 2014
- 51,089
- 5,935
Yes, it is related to option #1, definitely. Lets look at reality and the actual health and stability of the economy, shall we? First, government debt is presently the only catalysis keeping our economy afloat. Look at what it took to get us to this point. We have bailed out Wall Street and the financial institutions, along with GM and others. The Federal Reserve has intentionally kept interest rate extremely low in order to stimulate the economy. Secondly, the so-called "recovery" has not reached Main Street, even though some have realized a mild improvement in their financial situation. We still have many home owners who are under water on their mortgages due to lost home equity. We have cities going bankrupt, troubled pension funds, lost tax revenue, and employment consisting of part-time and temporary jobs. We have increases in the cost of food, utilities, rent, and for many, an increase in health care cost.Are you serious? The economy is not good. Yes, Obama had a role in our present economic situation. Give credit for what, may I ask?Rebublican options given the current state of the economy:
1. Continue to deny that the economy is good
2. Claim that Obama had nothing to do with the state of the economy
3. Give all the credit to the GOP Congress
OK
That is one for option #1
We have increased the national debt along the way, not enough money for infrastructure repairs and upgrades, decreased assistance for our Vets, and we have created a poor and dependent society. We have hundreds of thousands that have totally given up looking for work. We have retail stores closing and putting tens of thousands out of work. We have malls that have turned into ghost buildings. We have a very troubled home building and construction industry. We have office space that continues to go un-leased and remains empty.
So, yes, we deny that the economy is good, and with good reason. We're not even back to even par yet. And, meanwhile, our population continues to grow at a rapid pace, and we're allowing immigrants to cross our borders even though we don't have an adequate number of living wage jobs available for U.S. citizens. Well, you tell me after reading the above, just how healthy and stable is our economy? Is our economy really doing good? You tell me where I'm wrong here, please.