CapitalistMarks

Did he say trillions?

Posted on 07. Jan, 2009 by scott in economic daydreaming

Today our?new President advised us that we can expect several years of trillion dollar plus deficits.

To whom do we owe this disaster?? Who has been running this country for the last few years?? Do we have a decider?? Oops?I guess we do and therein lies the problem.?

A decider without the capacity to be?an analyzer is no decider at all.

This is not a propitious beginning to a positive change that has been promised for our country.

So, we turn the page and don’t blame anyone but . . . we gotta start now and not with 2-3 years of trillion $ deficits.? Let?GM go, let Chrysler go, let Citibank go . . . and on and on.? They failed us, we didn’t fail them.? We can’t support them.?

It will be an awful year anyway might as well clean house and get rid of the failures.? Look for success stories, don’t dwell on the dross.

For capitalism to?work it requires success at least 51% of the time.? If management can’t do it then let them go and start over.??Clean out the toxic waste of subprime and cdr’s (credit default swaps for the uninitiated).? Lets start over from scratch.? That would be real change and a beacon to the rest of the world.? The change agenda is needed, just do it right.

Hope you are reading Mr. Pres. elect!

thanks to bobster1985 at flickr for the photo!

Tags: budget deficit, change agenda, obama