I have been called a fearmonger more than once, so let me be clear; it is my intent to raise apprehensions, to sound an alarm, terrify, horrify, appall and strike dread into citizens’ hearts.
Newsweek, for the most part a liberal rag, in the Aug. 27 edition, tells us, “The total number of private sector jobs is still 4.3 million below the Jan. 2008 peak.
“A staggering 3.6 million Americans have been added to Social Security’s disability insurance program. This is one of many ways unemployment is being concealed.
“Real median annual household income has dropped more than 5 percent since June, 2009. Nearly 110 million individuals received a welfare benefit in 2011, mostly Medicaid or food stamps.
“U.S. government debt to revenue has leapt upward from 165 percent in 2008 to 262 percent this year.
“The International Monetary Fund reports among developed economies only Ireland and Spain have seen bigger deterioration.”
The IMF also predicts in 2017, the G.D.P. of China will overtake that of the United States.
Tommy Thompson now has my full support.
He knows how to do a budget, something the U.S. Senate has not produced (in violation of the law) in four years. He knows how to get things done, unlike the current president.
Tommy knows this country can be strong and prosperous again if we return to the free enterprise, free citizen model given to us by our founding fathers.
The American small business owners are our only hope, and Tommy appreciates them.
Our president has no experience in the private sector except for ACORN.
That’s what allows him to say something like, “You think you got a business because you’re so smart. Well there’s a lot of smart people out there. You got a business because you work so hard? I know a lot of hard working people out there. You got a business? You didn’t build that.”
This shows a fundamental ignorance of the risk and work it takes to have a business.
No wonder President Obama has no clue how regulations, taxes and lawsuits wear down the business owner.
It’s omnipresent and overreaching government that are causing American business to sit on $2 trillion instead of putting it at risk under the government.
Why should we risk our money or take on the long hours and headaches to start new business when the government feels any profits belong to everyone?
You got an unemployment check? President Obama built that. President “the private sector is doing fine” Obama.