|
The Elections are, at last OVER! Enough of the juvenile name calling mud slinging already! And all of the "paid for by BIG BUSINESS" (you know those millions of dollars spent didn't come from average citizens like you and me). The new candidates are in place, bought and paid for. So, the only real question is how civil they will be. Will they play nice together or will they squabble and expand on the obstructionism we've seen so much of over the last two years. Will they kill the Federal spending? If so we will quickly see where that money had been going, such as propping up our schools, state and local government etc... If it gets killed then there will be school and library closings by the hundreds and personnel firings well into the thousands... teachers city employees and police alike. More of the same only on a bigger scale.
Hey, I'm not normally a pessimist but the facts are really pretty simple. SOMEBODY has to start spending again if there is going to be a recovery. It is simple math! And as things stand, the average citizen who is still among the working is scared to death of spending anything not essential. Too many of them have their homes on the chopping block too or have one or two of the family already out of work! |
TBig Business is loth to spend one penny on new employees or infrastructure when there is no increases in demand for the products they are already producing and of course all jobs possibly sent overseas are already long gone and for good, so any new tax incentives will fall on deft ears there. As for the Banks, the small ones are still failing left and right while the big ones won't lend a dollar and refuse to work with good customers trying to better their financial standing (mortgages in particular but also business and other areas too) preferring to foreclose rather than work out a way for people to keep their houses.
This all leaves the only entity large enough to kick start the economy, the government, to do something to get the economic engine cranked up again. It worked for Roosevelt back in the 30's, but he had the Republicans working with him on New Deal incentives. This time around, if the Newly Elected hold true to their campaign promises of lowering taxes and smaller government, well I am afraid the economy won't have a chance, not even a sputter. But then there is 2012 and we will all have the chance, once again, to throw out the bums. The question is, what will we be dealing with in two more years? |
