Reality: Will It Prevail On November 4?

Republicans always find a way to ruin the economy and lose jobs for the country and its people.  They lack fiscal discipline and respect and as a result have no broad based economic policy.  President Bush, John McCain, and the Republicans are so out of touch with reality that it has reached a pitiful state.

 

The problem with the financial industry has been know for some time but no action was taken.  Same can be said for the record escalation of oil and gasoline prices and the problems that cropped up on Wall Street early in his Presidency.  The country has lost jobs every month so far this year and the stimulus package came after the fact.  The President has been AWOL in facing these problems and taking action.

 

Iraq and Afghanistan will be turned over to the next President and Mr. Bush continues to dodge the issues and the problems his policies created.  With the Presidential elections only 4 weeks away, Senator McCain and the republican party are still in denial and offer more of the same.  Hopefully the public will cast their vote for reality on November 4.

Job Losses Continue To Take Its Toll

The Labor Department announced the economy lost 159,000 jobs in September, the ninth straight month of job losses and the highest since 2003.  So far this year, the economy has lost 760,000 jobs and the department says more will continue.

 

Job creation on a steady basis has never been a priority for Republican administrations and certainly not the administration of George W. Bush.  The reason is because Republicans have a tax policy and not an economic policy for a sustained economy.  Job creation in the first term of this President was the worst since Herbert Hoover.

 

The norm accepted to define a recession is two quarters in a row of negative growth.  But serious people know job creation is in recession,  the housing market is in recession, the financial markets are in recession, and the economy is in recession for the middle class.

 

Our economy is locked down and drowning in federal deficits and debt at record levels.  The Republicans want to bankrupt our country so the neocons can kill social security, medicare, and other needed programs they hate.  One can expect the meltdowns that always happen on their watch. The Republicans have run the country 20 out of the last 28 years and their fiscal and economic record is pitiful.  They say government is the problem, but it is their kind of government that is the problem.

 

Our country and its people are in for hard times in the near future because of their reckless policies.  The problems can not be reversed quickly and it's not going to be easy to dig the country out of the hole that has been dug.  On November 4th, the American people need to be involved in our political system and hold those elected officials responsible for their reckless action.

A Message For The American People

Are the people really upset about the $700 Billion bail out of the financial industry that uses tax payers' money as the news media seems to be reporting.  If so, I wonder how much they are up set, or if it will be just a passing fad. 

 

The record prices for oil and gas the people have been paying for because of corporate greed and Mr. Bush's failed policies ---  have the people really changed their driving habits and are now willing to consume less gasoline and or purchase more fuel efficient vehicles or will the people fall back to their old ways once prices start coming down?

 

The government's latest report shows the cost of the Iraq war at $600 billion and our current President can't tell us when the war will end.  Will the final cost be a trillion dollars or more?  The tax payers are paying for the war also. 

 

President Bush's deficit spending when he leaves office will be over $2.3 trillion.  The tax payers are also paying for that reckless behavior plus the interest paid on the borrowed money to pay for the deficit.  The interest payments alone for fiscal 2006 and fiscal 2007 was over $400 billion each of those years.

 

So that the people, the tax payers, can get an idea how their tax dollars are wasted, add up all those numbers and just think what this money could have been used for in relation to the needs of the people.  Do some research and see for yourself just how reckless this administration has been with your money.

 

If we, the tax payers don't change the status quo and demand more accountability from government officials and demand responsible spending policies we have no one to blame but ourselves.  President Kennedy once said, "Our problems are man made, therefore they can be solved by man."  Are we the tax payers up to the challenge?  History tells us we better be.