....... and China holds a big chunk of our debt which is priceless value for propaganda. Capitalism is so great that a communist country has to prop us up. We have GOT to fix this!
“A government big enough to give you everything you want is big enough to take everything you have.”
Barry Goldwater
I remember that a few years ago someone observed that India's problem was that they had too many people in government. India may have since turned the corner in the right direction. The US may have turned the corner in the wrong (left) direction.
As for blame, perhaps President Bush did not stop Congress. Congress did not stop President Bush. President Obama’s complaint seems to be that Government does not spend enough. That kind of thinking is representative of the Democratic party. One can blame almost all the politicians.
There are a few conservatives heroes in the House and Senate who tried to resist the trend toward more government spending. Almost all were Republicans. I'll give Democrats credit for trying to rein in government, when they deserve it. For now, they are America's socialist party in all but name.
In the same way that one can fault almost all the politicians, one can also fault almost all the press, almost all of academia, almost all of Hollywood. Liberalism holds sway in America, as fascism once held sway in Italy, and national socialism (Nazism) once held sway in Germany. In truth it's all socialism, a call for unity with (under) government.
We are truly doomed.
As the economy fails, who is going to be there to grow America? Government does not provide real growth, they only steal. Beware the insatiable appetite of government. The libs will eat us up and spit out the bones. Debt slavery here we come.
So it's true, government CAN generate wealth?
One would think financial decimation would be in store for us if this ever became real if government couldn't..... /s
We still have manufacturing in this country? Someone must tell the Chinese.
Get used to it.
Just in time to be Obama’s fault.
Correction: The trend lines represent the number of people employed in each sector, not payrolls. The original post misreported the lines as payrolls.