Originally Posted by
Havakasha
I knew you couldnt keep a good right wing agitator down for long. LOL.
You forgot to post A COMMENT like the rules state.
Yes i think thats right about unemployment being high for quite a long time to come. We just disagree about what caused it, why it might go on for longer than normal, and how to alleviate it.
First of all this is still Bush's recession. Anyone knows that unemployment turns around last in a recession. It keeps going up even AFTER a recession has ended. The recession started under Bush and unemployment was quite high when Obama took office.
Second i listened to the Chairmen of Dupont and Caterpillar say that THIS recession was unlike any they had seen before. It was unique and therefore unemployment and other economic problems were likely to be with us for much longer periods of time than would normally be the case. I think anyone with the least bit of honesty would acknowledge that.
The more important point (since Obama has only been in office for 9 months) is what do we do going forward to change the US so that we can become an economic power again like we have been in the past. Obviously the world has changed and we have problems (failing car companies, expensive health care system for businesses and individuals etc) and competition (China, India etc) that we didnt have to deal with 10 years ago. '
Its going to take innovation (alternative energy etc) among other things to tackle our challenges. You cant be a member of the flat earth society and expect to change this country so it can face the 21st century problems.