Quote:
Originally Posted by Minte
What the republicans understand and the democrats don't want to believe is that out of control spending has damaged the confidence that business has in government. According to almost everyone there are hundreds of billions of dollars sitting in the accounts of business.
With this huge deficit,it's no surprise that savvy people are not going to invest that money when there is a real chance that these left wing policies are going to push us right into another recession. Having the credit rating lowered was a major blow. It hurt us locally and with every potential lender.
Until a leader steps forward and takes control of the deficit, the economy will simply stagnate.
Obama continues to demonstrate that he clearly is NOT the one that can do it.
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repubs don't understand anything any more than the dems. they just speculate out of their ass like everyone else does.
all that money in business' accounts isn't sitting there simply because lack of government confidence. it's also because some don't want to spend it unless they can do so in the same manner that got us where we are today. capitalism means that you have the right to profit as much as possible. but unfortunately that means you have the right to do so even to the disadvantage of your own country and it's people.
the lack of leadership is not solely the fault of obama... it's the entire presidential system - president, house and senate - that is dropping the ball here because they can't come together. all this blaming obama for his "lack of leadership" is the biggest load of shit being shoveled. the system is set up so that everyone has to agree to move forward on something. repubs in the system are throwing a temper tantrum to gum up the works,
and we all know why.