UPS Lifer
Well-Known Member
Re: Obamanomics
As we entered this last downturn, I had a gut feeling we were entering a depression. The last thing the government is going to do is recognize that fact! Honestly, it is understandable. People would panic and horde their money. This is just one indicator, but arguably the most important indicator. We will continue in this depression until major changes are made to bolster business. Simple as that. In November we will get the government we deserve.
Why aren't we coming out of this depression? One reason: There is no incentive to get a job with government handouts - The welfare and unemployment benefit charts are just as bad.
Oil (Transportation) & housing are 2 of the biggest drivers of our economy.
This is the major reason we have not been able to move ahead in the last 3 + years.
No private sector experience. The absolute worst ratio in modern history!!
Come November we will get the government we deserve.
As we entered this last downturn, I had a gut feeling we were entering a depression. The last thing the government is going to do is recognize that fact! Honestly, it is understandable. People would panic and horde their money. This is just one indicator, but arguably the most important indicator. We will continue in this depression until major changes are made to bolster business. Simple as that. In November we will get the government we deserve.
Why aren't we coming out of this depression? One reason: There is no incentive to get a job with government handouts - The welfare and unemployment benefit charts are just as bad.
Oil (Transportation) & housing are 2 of the biggest drivers of our economy.
This is the major reason we have not been able to move ahead in the last 3 + years.
No private sector experience. The absolute worst ratio in modern history!!
Come November we will get the government we deserve.