Wednesday, February 22, 2012

More on the Economy

I thought I was already as disgusted as I could be, with the politician's spin on our economy, but I was wrong. I just absolutely cannot abide the blatant disregard of Americans' employment issue and cost of basic necessities. House prices are at a 10 year low, but the bailed out banks aren't very willing to loan any money . . . And now, to have "Made in America" dangled in front of us like a carrot, talking about reopening factories, and well, let's face it, it is an election year and the guys that are running have no clue what it is to be worried about providing for their families. Everyone in the race is in The 1%. After reading a few articles about our economy and employment, I discovered that just like last year this time, the recovery of the economy is once again riding on the "consumers." How did that work out last year? Oh, that's right, about the time we accepted that we'd pay more for food, utility increases, and got our taxes squared away, the price of oil began to increase. Go figure . . . To state that the economy will improve, based upon consumers, means this. Our economy is based upon perpetual motion, which means product and service mean very little, just keep the money moving, and the best way to increase the money that's moving is for basic necessities to cost more. That's what our politicians are spinning while they discuss giving "job creators" a reduction in the corporate tax rate. That's another spin story today. President Obama has unveiled the restructuring of the tax code and sent it to Congress. Now, is there anyone in America that really believes anything is going to actually change between now and the election? Much of Congress is afraid of losing their jobs, and rightfully so. The only thing that really gives this President any confidence in re-election, is not his amazing leadership of the past 3 plus years, but rather the pool of unelectable candidates in the opposing party. The politicians are going to simply hold and hope their opposition does something dumber than they've done. As for reopening factories. I've also read that bringing manufacturing to this country from offshore could carry some real tax-break incentives. On the surface, that sounds peachy, but who will actually be the investors of this grand plan to make Americans factory workers again. These stories about the factories reopening are really making me think I should read Brave New World, again. Of course, a reminder that the largest employer in the United States is the United States government. This isn't sounding like a recovering economy, it's sounding much more like the foundation for indentured servitude.
. . . Behold, I have bought you this day and your land for Pharaoh . . . Torah of Holy Scripture
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