Friday, May 25, 2012

THE ECOMOMY

ACTUALLY... there's good news and bad news.  The good news is President Obama has a "to-do-list" for fixing the economy.  The bad news is that he submitted it to Congress and we all know what's going to happen there.  Bingo! You guessed it, here we go again. Our esteemed Congress, made up of grown men acting like 3rd graders will in all likelihood not pass "the to-do-list" and possibly won't even read all of it.

The President called on the House Republican majority to back 5 of his administrations endeavors.  GOP lawmakers have said they are unwilling to do that.  What a surprise!! Obama's demands included ending tax breaks for companies that outsource work to other countries, which would increase tax benefits for small businesses that hire workers and extend tax credits for clean-energy companies.  He maintains that these are things that we can accomplish NOW to help create jobs and give financial security to families that have lost so much, therefore helping to build the economy.

President Obama also called for a government program to help homeowners refinance their mortgages at lower interest rates.  That doesn't seem like to much to ask from Congress, of course none of them have
to worry about mortgage payments so it's probably not too important.  The President also wants to create a Veterans Job Corp for troops coming home from Iraq and Afghanistan.  I'm not sure that Congress can even comprehend exactly what that means.

Democrats and Republicans have come together and extended the payroll tax holiday through the end of the year.  What a big deal that is!  The GOP is stifling an already slow economic recovery.  Can anyone really think of anything new the great Gov Romney has said that's different from the policies that got America into the mess it's in now.

People, we've been pushed right off the cliff and into a big hole and we have to dig ourselves out of it.  I am more confident than I've ever been that Romney is not the man to do it.  Okay, I'll admit that he's made money for some of his investors (during which time he and his partners benefited as well), however, I can find nowhere that says it's a job requirement for being the President of the United States.  Perhaps The Governor has a different idea of the job in question.  Hmmm!

Gov. Romney is an insensitive, out of touch individual that's more interested in raiding corporations for his own profits, than in building the US economy.  Our President has admitted that his work on the economy is unfinished, that he still has more work to do, but he seems to be at the mercy of our Congress, again.

Mitt Romney's economic philosophy has been to eliminate pensions, lay workers off (he likes firing people, you know) and close down businesses. That friends, is NOT the way to build an economy.  What is he thinking??