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Friday, June 8, 2012

Stimulated Stagnation

So here we are, 3 years since the official end of the '08 recession. The national economy still crawls along just strong enough to avoid a declaration of an emergency or a full blown depression. Europe's debt crisis still lingers as Greece come ever closer to a economic hurricane that is sure to result from its succession from the EU as it recreates a sovereign economic climate. The housing market troubles are still ever prevalent, as many areas across the nation still has homeowners trapped inside houses that are worth less then what is owed on them, creating a best case scenario that families are tied to their houses regardless of what employment woes they may face. Government jobs cuts that are used to stem the tied of expense caused by elongated unemployment benefits and welfare receipts, and a hangover from the financial crisis that has created such uncertainty in who can be trusted with our dollars.

My point is, what is the plan for addressing any of the countries current ails? For the next year? The next five years? Are the Bush tax cuts going to expire? The payroll tax breaks prolonged? How many more exemptions will be enacted to the Obama-care law? There is such a cloud of uncertainty it's truly scary. When Bush ran in 04, it was on a solid, though controversial, tactic in the Middle east, and he even introduced tort reform and social security reform as new ideas, granted his 2nd term was more or less a lame duck session until the financial crisis got people moving in Washington, but I digress.

Can someone please tell me the Obama plan for a second term? Education reform? Tax reform? More investment in Green Energy? Anything? It truly scares me because I think there is a very fair chance that he is going to win and will not be tethered to anything as far as what he promises before the election. Leaving the country to flounder along at it's current pace as the constitutionally questionable changed in healthcare and erratic tax policy continue to hinder us.

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