CapitalistMarks

Soup lines on horizon?

Posted on 10. Mar, 2009 by scott in economic daydreaming

BHO, are you listening to the markets, the people, the unemployed, the . . . republicans?? Guess not.

Listen-BHO, Pelosi, Reid, Geithner, Bernanke: I’ve said it often in the past, as far back as last August — the ONLY thing that you have to resolve right now is unemployment.? Get tunnel vision on that one issue.? Until you get it right.

Forget focusing on banks, investment bankers, auto companies, pork-spending UNLESS it is first about employment.?

Solve the problem with 8.1% unemployment (going to 10+%) and the other ‘cards’ fall into place.

People with jobs pay mortgages, save, spend, have confidence, buy cars.? These are all things you guys (see the impressive list above) seem to worry and talk about … but don’t seem to do anything about (yet).

Just show us the jobs.? Get people employed.? Let any failed company go into bankruptcy…the company and its management deserve it, they earned it, even the shareholders have to accept responsibility, even the bondholders.? But, if the company can prove it will provide jobs AND turn earnings around, only then should the government bail them out.

Encourage companies to hire, any way you can.? Reduce their taxes, offer incentives, give entrepreneurs reason to entrepreneureate, cut the government’s abusive regulation and paperwork . . . and do it NOW.

Create the jobs you promised BHO and get this country out of the mess you have inherited and that you have so far done NOTHING to mitigate.? The truth is that a very good case can be made for the position that you and your ‘appointees’ have made this whole recession worse . . . much worse . . . heading for a depression even.? So take the gloves off and fight for right — for jobs!

Show us the jobs.? End the soup line frenzy!

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Thanks to flickr’s photo from gamillos

Tags: unemployment