Tax rates on job creators are too high.
Technology has eliminated many jobs
Our workforce is not qualified enough to demand high paying jobs in science and technology
Competition with cheap overseas labor
Too much regulation on business
Too little regulation on business
In fact, pretty much everything that everyone is saying can be blamed on greed.
Last edited by DVSentinel; 07-23-12 at 09:50 PM.
problems in the EU & China.
Compeition overseas which can be remedied by government subsides, quality work, and cheaper education.
"We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan
Financialization of the economy which leads to major instability, which is the natural outcome of private capitalism .... so .... Capitalism.
Real reasons not listed. They are:
1. Unfunded and unnecessary wars.
2. Banking deregulation
The last one should say "Hussein Obama" for the lulz.
Anyway, where to even start? Weak industry, unbalanced trade, market regulations are all wrong, taxation is done all wrong, the huge money pit in the Middle East, a multi-trillion dollar deficit, so on and so forth.
I love the NSA. It's like having a secret fan-base you will never see, but they're there, watching everything you write and it makes me feel all warm and fuzzy inside knowing that I may be some person's only form of unconstitutional entertainment one night.
Selling homes to people with no job or income.
This crashed the housing market and made banks fail worldwide that bought the worthless mortgages. .
Thank you Barney and the black caucus.
The top reason it's a crisis is that we have labeled it a crisis.