EXCUSE THE ALL-CAPS, BUT...
AMERICA HAS TO REALIZE THAT THE “ECONOMY” WE EXPERIENCED FOR THE LAST 10 YEARS WAS “FAKE”.
IT WAS FUELED BY DEBT, NOT BY ACTUAL WEALTH CREATION.
IT WAS NOT JUST A HOUSING BUBBLE, IT WAS AN “EVERYTHING” BUBBLE... INCLUDING A JOBS BUBBLE.
IT HAS BURST. IT WAS NOT REAL. THOSE FAKE JOBS ARE GONE.
WE KILLED OUR “REAL” JOBS ENGINE WITH A 60,000 PAGE TAX CODE, TOO HIGH TAXES, TOO MANY LAW SUITS AND TOO MANY REGULATIONS DURING THE BOOM TIMES.
WE DIDN’T REALIZE THE DAMAGE THAT WE WERE DOING (THE DAMAGE THAT THE GOV’T, UNIONS AND SPECIAL INTERESTS WERE DOING) BECAUSE WE PAPERED OVER THE DAMAGE WITH DEBT AND FAKE “SERVICE SECTOR” JOBS DURING THE BOOM.
IF WE WANT JOBS BACK... REAL JOBS... WE HAVE TO BECOME “BUSINESS FRIENDLY” AGAIN AND ATTRACT EMPLOYERS AND COMPANIES BACK TO THIS NATION.
ANY OTHER GOV’T TINKERING OR NON-MARKET DRIVEN CRAP IS JUST GOING TO DIG US INTO A DEEPER HOLE.
Thanks for letting me vent.
“Thanks for letting me vent.”
Good vent! :)
Good rant. I started emerging from the fog awhile ago. Count the number of US workers you know that actually produce something, not service something.
THAT is a very good rant.
Thank you for posting it.