To All The Liberals

[Slingin Sammy 33]

Originally Posted by 12thMan

this isn't lining up with the economic data that we're seeing and have seen over the past twelve months. This is the fastest post recession recovery we've seen in a generation or better. How we go from here back to a Depression is beyond me. The auto companies have returned to viability, TARP has been repaid with interest and at a profit to the taxpayer. You know that, right? You can't cut corners when you inherit such an economy as Obama did. You have to spend and cut taxes. You know he's done that too, right?

Not sure what numbers you're looking at, but unemployment is almost 10%, housing is in the crapper, the Fed Reserve is printing another TRILLION, the Fed Gov't is spending like a drunken sailor just off a 6 month cruise, small businesses all over are getting crushed, and retailers are bracing for a horrible holiday season.

If the car companies are getting back to viability, it's because they're being forced to. And what did they do to become profitable....spend more....no, they cut costs and became more efficient. Why can't the Fed do that?

Big businesses are hoarding cash right now, they're not expanding or creating jobs due to the uncertainty of over-regulation and potential taxation from a D controlled Congress. Will this ease once the new Congress is seated and businesses see the Rs have enough power to stop the Obama-genda, that remains to be seen. If businesses start opening up knowing that we've got gridlock for at least two years, it should help the economy and Obama has a chance in 2012. If businesses still hold back, unemployment stays where it is, and the economy is still struggling.....it'll be another bloodbath for the Ds in 2012.