“But, we see a country that is ready to innovate, get back on its feet, and put people back to work. “
Where were your Christmas gifts made?
Optimistic bump.
You misspelled awful.
Awesome? What’s the writer smoking? All one has to do is drive through any town and see the empty storefronts and factories, the for sale signs, liquidations, bank auctions. Ghastly and heartbreaking is more like it.
I feel like I am knee deep in a field of cowpies reading this absurd fantasy!
Unrivaled investor protections
Businesses operate efficiently and without degree of corruption seen elsewhere
Even allowing that other countries are bad, the amount of favoritism in who gets bailed out, who gets government "investment," that MF Global customers have their money stolen in plain view of regulators, that we have to change the accounting rules or Wall Street would have imploded three years ago does make us Awesome. We are simply "Less Bad" on some of these things.
Higher taxes on the rich and corporations, bailing out outmoded and failing companies, increasing regulations on economic activities; policies which increase the cost of energy; empowering labor unions which (by definition) make companies less productive; health care mandates which increase employment costs; massive government debt; arbitrarily preventing companies like Boeing from opening new production facilities; official hostility toward petroleum, banking, insurance, pharmaceutical, etc. industries...
I don't know who 'we' is, but forgive me if I see just the opposite.
“we see a country that is ready to innovate, get back on its feet, and put people back to work”
Have you reported this to the White House? So they can get to work on changing this to make sure it’s more “fair” and the wealth is shared........
Each of these facts speak for themselves and have hard numbers to back them. Anybody who can't make it in America is either the victim of extremely unusual circumstance or is a professional underachiever.
All wealth is derived from the land
think about what really truly makes a nation wealthy...I decided it is the ability to effortlessly convert assets and forces of mother nature into tangible things useful to humans.
If you want to compare wealth of nations, a good place to start is to tabulate all food and fiber produced. Energy, technology, education, currency, infrastructure, financial sector, government, laws, banking, retail, commerce...these are all things that in and of themselves are NOT WEALTH. These are merely things that facilitate wealth. When you get down to the nitty gritty, wealth is: food, clothing, and shelter. That’s it. There are some intangible things like freedom, choice, variety, self determination...but these are not easily tabulated.
Oh my god my eyes are hurting from all the bright light after I took off those rose colored glasses!
How do you like that statement about Low Inflation.What a bunch of BS.I just wonder what planet these people are living on.
They must be part of the One Percent crowd because I’m sure not.
And as far as invester protection go’s thats fine and dandy untill the Federal Government goes out and destroys the market place with their strupid decisions and regulations.
Look at what they have done to people with 401K’s.You can’t get ahead and its not just the fault of Private Industry.
I'll give you 17 Trillion reasons it isn't!!!!!
2011 In Review 2012 Outlook
2011 should have settled once and for all the idea that government and the private sector are NOT a symbiotic relationship but rather a parasitic one.
2011 marked a year that the US economic growth trailed that of many 3rd world countries.
2011 saw for the first time people leaving the US for better opportunity elsewhere.
How does 2012 look?
Anyone who says it might be an improvement must not understand what caused 2011 to be so bad.
The reality is not so complicated. High taxes and excessive regulation were the culprits.
2012 promises to be as bad or worse in those areas.
So any investment strategies that assumes economic contraction and those running things really haven’t a clue would be wise.
As bad as things are I agree with those that said as soon as the current administration is officially a lame duck:
“things will turn around so quick it will make your head spin”.
Gingrich has said he doesn’t expect to see a turn around until election night and that is one thing I think he is right about.
And the #1 reason the US economy is awesome?
Barack Hussein Obama needs to be re-elected. (s)
I expect to read many reports like this from the MSM until after the election.
And the #1 reason the US economy is awesome?
Barack Hussein Obama needs to be re-elected. (snicker)
I expect to read many reports like this from the MSM until after the election.