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The "official" unemployment numbers only give part of the picture. Add in the unofficial numbers, the unemployment rate skyrockets to 15.8%. It's bad, but still not close to Great Depression number, which was at 25%. Bush did his part to wreck the economy, and now Obama is doing his part to make the economic crisis even worse. And the fault should not be laid to rest only at the feet of these 2 presidents. All they did was to sign into law the expenditures that all the drunken sailors in Congress passed. They are ALL accountable, and must ALL be held accountable for their reckless spending.
Pouring money into the coffers of the banksters is not going to solve the problem. The only solution we have is going to be painful, but the solution is there. Resolve that the Federal government will never again spend more than the revenue it takes in. Sounds easy, doesn't it? It might have been easy at one time, but that was in the past. It is going to be difficult now, but it must be done. We cannot have an economy that is built on a house of cards. Not only is it a stupid idea, but it eventually becomes a suicidal one.
Article is here.
Pouring money into the coffers of the banksters is not going to solve the problem. The only solution we have is going to be painful, but the solution is there. Resolve that the Federal government will never again spend more than the revenue it takes in. Sounds easy, doesn't it? It might have been easy at one time, but that was in the past. It is going to be difficult now, but it must be done. We cannot have an economy that is built on a house of cards. Not only is it a stupid idea, but it eventually becomes a suicidal one.
Article is here.