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Re: Wisconsin Republicans vote to strip public worker collective bargaining rights wi
Funny that nobody on the right was bitching about that when Bush was in office. Gee, I wonder why? :mrgreen:
Actually unemployment numbers are understated because they don't count the discouraged workers and individual business owners and contract workers that lost their jobs as well. Some of those are counted in the U-6 numbers which shows a truer picture of the problem we have today.
I retired as well from the private sector after 35 years in the business world. I am a proponent of capitalism and free enterprise, not the massive expansion of govt. and the entitlement state promoted by liberalism. Our economy is consumer driven and with a growing population and labor market as you pointed out it is imperative that the Administration focus on incentive for the private sector which this Administration refuses to do. They are filled with ideologues who believe in a socialist utopia that never exists.
There are four components to GDP and consumer consumption is the major component and that is what creates most of the jobs. People with more of their own money create jobs through increasing demand and also reducing demand for govt. "Help" which really doesn't help at all but instead creates dependence.
The way to create jobs in this environment is to create incentive for new entities and inventions. The best way to do that is to reward individual wealth creation. Obama doesn't seem to understand that concept and believes govt. is the answer when govt. is the problem
Funny that nobody on the right was bitching about that when Bush was in office. Gee, I wonder why? :mrgreen: