Thanks President Bush
As long as banks are lending money to families without concern for ablitity to repay.....it is easy for one spouse to stay at home.
But if spouses have to return to work to supplement the family income.....and they can't find a job....then they are now counted as unemployed. We are talking about tens of millions of people that could be forced to reenter the workforce without available jobs.
President Bush borrowed $150 Billion a few months ago and sent it around the country. All this did was mask the problem for about a month or so. Heck, if you loaned money to a homeless person, it would increase GDP and prevent him from begging for a month.
Now that idiot Barak is proposing something similar???? And insane McCain wants to cut taxes in the face of the largest deficit in history. Do our politicans really want to destroy America and you???
Lordy thinks Republicans are better than Democrats. Others think the inverse. Both are very misguided....for the past thirty years they have been leveraging up America and now America doesn't have the cash to repay.
No President in history has witnessed the leveraging up of America more than our current president. He was too busy antagonizing off the rest of the world to observe the deterioration of the domestic economy. Now the banks are out of money and can't lend. Our cities are broke. The pension funds are so underfunded that few will ever see their payout. Business are shutting down everyday and commercial vacancies are popping up everywhere. Unemployment is skyrocketing.......and we are only at the beginning.
Thank you Mr. President for leaving us with this mess.