Showing posts with label obama success. Show all posts
Showing posts with label obama success. Show all posts

Tuesday, April 14, 2009

Obama's Economic Plan

I hope our first black president succeeds. It would do this country a great deal of good. I do not know as much as others about the banking end of the crises. But I do know this:

The mortgage meltdown is not the only part of the economy where greed was allowed to destroy financial stability in this Country. As long as we are:
  • outsourcing
  • hiring illegally (displacing American workers for less capable cheaper labor)
  • allowing the most wealthy to pay 0 taxes (with the greatest burden on the middle class)
  • increasing debt to Communist China
  • unprotected borders (globalization)
  • NAFTA
  • shipping our manufacturing out of the country (forgetting that the so called uneducated have been among our greatest producers/ as if only the college educated have something to offer this Country)
  • HI B visas (displacing American workers for less capable cheaper labor)
  • firing American firefighters because they do not speak Spanish
  • the high cost of the IRS
  • an unchecked and unregulated Federal Reserve......

The causes of the "Economic Crises" are not being fully dealt with.