Still needing economic damage control...Somervell County Salon-Glen Rose, Rainbow, Nemo, Glass....Texas

The American Economy

Still needing economic damage control...

24 April 2011 at 1:04:21 PM

Why is the U.S. economy still bleeding?

by Peter Stern

There is no real reason other than elitist corporate greed that prevents all Americans from benfitting via overall economic progress and profits.

Ever hear of the "trickle-down effect"?  Well,  it's not happening.

Today, our government and the corporate sector are extremists. The 2 main political parties have extremist platforms.

Instead of looking at improving the American way of life (as did our ancestors), they are looking for increased profiteering at ANY cost, benefitting the few and alienating and destroying the many.

American citizens are secondary citizens. They are caught in a Catch-22 of existence: Fewer American jobs, outsourcing of service jobs and hiring of illegals have hurt Americans.

Educational systems are in jeopardy. Higher costs with lower learning outcomes are hurting American students.

There is a void in the job sector and a glut in the housing market. The economy is suffering globally, yet the corporate sector is achieving high profits.

The Social Security System, including Medicare, Medicaid and Disability punishes those who try to work and get ahead, instead of providing incentives to those collecting government income who want to improve themselves and their economic status.

In addition, there are fewer jobs for Americans to apply for. Many unemployed have been so for more than 2 years and are lost in the national numbers of those really unemployed.

 Still, very few of us pay income taxes due to so many loopholes in the system.

The wealthy pay 40 percent fewer taxes than they did 2 years ago. Furthermore, the remaining middle class pays much less and the poor still pay relatively nothing in taxes.

 That said, our government's total expenditures continue to rise dramatically.

 So, as a nation, how do we leave the economic "red" and get into the "black" when we spend more than we have income? How do we move towards improvement when we owe China and India more than we earn?

While the solutions may be intricate, isn't it time to begin to make positive changes in our economic status? Shouldn't we create more jobs for American citizens? Why aren't we ensuring a better learning environment with more positive outcomes? Why aren't Americans (individuals and the corporate sector) paying their fair share of taxes so that we may increase income, cut our costs and reduce our debt?


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Latest Blog Post by pstern -Who funds ISIS?
1 - not you   25 Apr 2011 @ 1:00:29 PM 

Unfortunately, it's not a left or right thing, it's an elitist thing.  The people who run the world are playing the puppetmaster and allow the left/right arguments to take place as long as it doesn't disturb their overall agenda.  When we as a people recognize this and take back our country according to the constitution and not globalist rule, we'll be a lot better off.  Otherwise, go back to your Facebook and Jersey Shore's and remain blind. 

Thomas Jefferson, (Attributed)
3rd president of US (1743 - 1826)
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

2 - pstern   26 Apr 2011 @ 9:07:29 AM 

Semantics often are used to skirt issues, but there is no doubt that we are a nation of extremists in most areas of our existence.

The main case scenario, as you point out, is that "elitists" or "very wealthy" are ensuring that the Middle Class becomes extinct and that there are only the very poor left.  That is extremism.

The platforms of the GOP and Democrats are another example of extremism. 

An Austin bus driver just won more than $20 thousand to settle a court case against the bus company.  It was less costly for the company to settle than it would have been to pay the court fees if the case continued.  The bus driver did not want to drive two passengers to an Planned Parenthood center because he believed they were going for an abortion and the driver's beliefs were against abortions.  Only in America, folks --- and particularly here in Texas, where the Religious Right rule.

It is my own belief that EXTREMISM rampant within all areas of our culture, from politics to education to illegal immigration, is destroying our nation.  We have lost our sensibility in dealing with most of our current issues and problems.  To be centered is to be grounded.  To embrace extremism is to lost our balance and to fall off the road into a precarious ditch.

Latest Blog Post by pstern -Who funds ISIS?
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