Friday, October 9, 2009
Just do NOTHING
Sometimes things jump out and scream unfair. Numbers that make you take a breath. Sad stories that bring tears to your eyes, or this: quarterly averages taken of household data for the months of August and September show, -571 jobs in the civilian labor force. The US average for unemployment hovers at 9.8% with little change on the horizon. Oh yeah and it looks like that number may be on an upward trend. That's right no end in sight.
Or how about this one: world hunger rates in 2007 showed 36.2 Americans lived in what are considered food insecure households. In 2007, 3.4 percent of all U.S. households (3.9 million households) accessed emergency food from a food pantry one or more times. One in every eight U.S. residents is living in poverty, according to the last official count conducted by the Census Bureau. But this data reflects conditions through 2007, well before the current recession.The United States has one of the highest poverty rates among industrialized countries, while U.S. government spending on anti-poverty programming as a percentage of Gross Domestic Product is one of the lowest among industrialized countries. Where is all the money going?
You can't ignore those numbers. World hunger, starts right in your backyard. I wonder does your next door neighbor have enough food to eat. Did you know that half of the children in many U.S. schools with two working parents and no federal assistance qualify for free and reduced lunches? Did you know that it isn't getting better? The working poor is a growing part of our society, and while the rich get richer the middle class all but disappears. Did you know that since Obama has taken office things haven't gotten better? Already more than 15 months old, the current recession will soon match the average length -- and average job loss -- of the last three postwar downturns. What goes down will come up -- unless destructive policies interfere with the sources of potential recovery.
So what's new you ask? What is new is the unveiling of Mr. Obama's agenda and his approach to governance. Every new President has a finite stock of capital -- financial and political -- to deploy, and amid recession Mr. Obama has more than most. But one negative revelation has been the way he has chosen to spend his scarce resources on income transfers rather than growth promotion. Most of his "stimulus" spending was devoted to social programs, rather than public works, and nearly all of the tax cuts were devoted to income maintenance rather than to improving incentives to work or invest.
But you don't want to hear about Politics do you? You, like me just want to know why? Why aren't there jobs? Why are home prices still falling? What is my Nobel Peace Prize Winning President doing? Really ask yourself, what has he done for you? Is the health care plan designed for you? How about all those bailouts? I didn't get one penny, not a week at the spa, no big CEO bonus for me.
Hey, if you voted for change how does this sound. Pay higher taxes, but get less. Staggering unemployment rates cripple the economy. Bad Global policies threaten U.S. trade in the global market, and us the little guy, we just checked a box on a ballot. A vote for change................
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