This past Friday, Ben Bernanke said that he was optimistic about the economy and that it should start taking off. Is he serious? In my opinion, this administration either needs a dose of reality or they are definitely talking a lot of hype! Let's take a look at our economical status shall we?
There is still outsourcing going on behind in the back ground and no one is focusing on it or addressing the issue (and this is a real big issue, in my opinion this is one of the main causes regarding our slump).
There are no meaningful jobs being created. Not everyone is into construction, sorry. This is one of the flaws with their recovery plan.
They are saying that the laid off individuals should retrain themselves in order to find a job that will fit them for the future. Well, the problem with this is that it costs money to retrain and go back to school. On top of that, most people no longer have good credit due to bankruptcy, bills that are behind on payments, etc. Where would they borrow the money from? This would mean that they don't qualify for a student loan! Yeah, so where is the opportunity at? Oh, just go to the library and buy books right? Sure, this is the answer.
What about the Real Estate market? Yeah, sales are happening and foreclosures continue to rise. One man's misfortune is another man's diamond. Right? We must learn from our mistakes and it seems that we are not very good at it. Foreclosures are affecting local governments all over our country. California is in big trouble and so are other states and local city governments. Wait a second, if the taxes aren't being paid on the properties then where is the money coming from to support public services? Oh yeah, just borrow from the stimulus money to balance out the budgets. Right? We need real recovery not temporary solutions.
Listen, I can go on and on. We are in trouble and we need a real leader who tells it like it is and keeps thing honest. In my opinion there are people who are not interested in real economic recovery. Why? The answer is global and there is a push for global government and one economy. What we have is a bunch of good actors and bad policies. We need to wake up here and call our government out to show their full hand. This country is still for the people and by the people and they need to fully understand this. This is not recovery, this is the final blow to force the American people to give into the global nonsense. I have news for them, the American people will never accept such a thing. God bless America and fight for our freedom by Voting them all out!
What are your thoughts?
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