One year after the economic stimulus act took effect, the economy is still a shambles and people are hurting. And while President Obama and the rest of the muckety-mucks in Washington spent a good part of the week patting themselves on the back for a job well done, the reality is that all that has been accomplished is a record deficit that continues to grow out of control. CLICK TO READ<\/p>\n
I am wondering what the heck is going on and why these people can\u2019t seem to tell the truth about just how fragile and weak the economy is today. It\u2019s great to talk about new infrastructure and the creation of jobs, but all this amounts to is more and more bureaucracy. Little if anything has been done to provide incentive to the private sector to create jobs or to start spending. Spending is the backbone to the success of the plan \u2013 and it is just not happening. Money is still tight all over. Banks are still unwilling to lend and growth is just not happening. The only thing that is happening is that the government is spending and to cover its debt it is going to have to raise taxes. As I have said before \u2013 you cannot tax a society back to prosperity.<\/p>\n
President Obama knows what\u2019s needed and I am sure the he is working with his economic team to figure out how to solve these and other crises at hand. Granted, he has a lot on his plate, and has had since day one. Still it is clear that people have lost faith in Washington\u2019s ability to get the country back on track. Holding on to the House and not losing votes in the Senate is where the President has laser-like focus, but even that doesn\u2019t seem to be working. He needs to make a change that he can believe in. He needs to get new advisors and most of all he needs to start listening and stop lecturing.<\/p>\n
In the meantime, though, it makes for some good entertainment.<\/p>\n
It\u2019s funny to watch how desperate the Democrats have seemed in the last few weeks. Many, including their leader, have become masterful flip-floppers. The President\u2019s favorite whipping boy from the time he started campaigning right up through the State of the Union address last month was Wall Street. Not anymore. Now he loves \u201cthese guys\u201d. He thinks they\u2019re worthy of the bonuses many receive and appreciates what they\u2019re doing to get the economy moving again. CLICK TO READ<\/p>\n
Come on, I mean really\u2026 Seeing this last week was both amusing and terribly sad.<\/p>\n
It\u2019s ridiculous to think that one day he criticizes the bankers for getting bonuses and the next day he applauds them and tells the world these folks (he calls terror suspects \u201cfolks,\u201d too) deserve the money they make. Does he really think we\u2019re that stupid? Doesn\u2019t he know that we know what\u2019s going on?<\/p>\n
The deficit is at record levels and growing daily. Washington is spending money like a drunken sailor on programs that seem not to be working. Unemployment is at an all-time high. And the President is at risk of losing the House. The only people who can afford to contribute to the campaigns are those who just got paid and Wall Street has stopped giving him money. Without Wall Street\u2019s money the powers-that-be may become powerless\u2026 so he has to start kissing their rings because he needs their wallets. Stay tuned, the silly season seems to have just gotten started.<\/p>\n
\u79c1\u3092\u30a4\u30e9\u30a4\u30e9\u3055\u305b\u308b\u3082\u306e<\/p>\n
Nothing to write this week. Stay tuned this too shall pass\u2026<\/p>","protected":false},"excerpt":{"rendered":"
One year after the economic stimulus act took effect, the economy is still a shambles and people are hurting. And while President Obama and the rest of the muckety-mucks in Washington spent a good part of the week patting themselves on the back for a job well done, the reality is that all that has been accomplished is a record deficit that continues to grow out of control. CLICK TO READ I am wondering what the heck is going on and why these people can\u2019t seem to tell the truth about just how fragile and weak the economy is today. It\u2019s great to talk about new infrastructure and the creation […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-3913","post","type-post","status-publish","format-standard","hentry","category-blog"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/aandcadvisors.com\/ja\/wp-json\/wp\/v2\/posts\/3913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aandcadvisors.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aandcadvisors.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aandcadvisors.com\/ja\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aandcadvisors.com\/ja\/wp-json\/wp\/v2\/comments?post=3913"}],"version-history":[{"count":0,"href":"https:\/\/aandcadvisors.com\/ja\/wp-json\/wp\/v2\/posts\/3913\/revisions"}],"wp:attachment":[{"href":"https:\/\/aandcadvisors.com\/ja\/wp-json\/wp\/v2\/media?parent=3913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aandcadvisors.com\/ja\/wp-json\/wp\/v2\/categories?post=3913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aandcadvisors.com\/ja\/wp-json\/wp\/v2\/tags?post=3913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}