By Michael Bowman Washington -- 07 June 2009L.A.W.--- No shit Sherlock. The economy needs leadership that gets it... instead we have the closest thing to a counter-capitalist at the helm. There's nothing to Obama when it comes to understanding and respecting capitalism, much less how hard-working small business entrepreneurs and large corporations have created the greatest economic engine in the history of mankind.
We suggest focusing resources toward empowering small businesses, versus going after the top wage earners, who by the way, are the ones who create most of the jobs!!
"The economy clearly has gotten substantially worse from the initial predictions that were being made, not just by the White House, but by all of the private sector," said Austan Goolsbee. L.A.W.-- oh really? all the private sector was wrong...hardly.
Economists point out that the current jobless rate is already higher than the hypothetical rate that was used to calculate the health of banks and other financial institutions in so-called "stress tests" earlier this year. And, the upward unemployment trajectory is expected to continue in coming months, even if the overall economy begins to recover. Full story
No comments:
Post a Comment