This double-dip economic recession has hit many people hard, losing jobs and homes. Double-digit unemployment.
All the government wanted to do at the beginning was bail out banks, insurance companies and the auto industry.
We’re mostly here because of a failed banking system and their mortgages which got people in way over their heads, especially when jobs started disappearing.
Instead of the trillion plus dollars we’ve put into the banking and insurance industries (who keep that money and don’t use it for their clients) why not put this new money that is also, if passed, to come right out of our pockets or those of our children, to good use.
If in 2008 the government would have put ten or twenty billion (not 750) into start-ups it would have started new small companies that put people to work. Also with the economic stagnation came a stop in VC, Angel and other investing in technical companies so all these good ideas have been stopped for four years now.
The economy stopped, housing stopped, lending stopped, and funding for potential new businesses, especially tech, stopped.
Might there be a lesson here? We tell everyone to study math and science, then punish them when they want to create something that may change the world and put hundreds or thousands of people to work.
This has to end, and I’m sorry, President Obama, FDR got away with a Federal jobs program but this one isn’t going to fly, and I voted for you. Shame on you for not thinking outside the box just because you want to stay President.
There’s not much opposition as I see it, but you better get on to seeing what the people see and feel, and not what White House aides tell you what you have to do to get re-elected. There, I’ve said my peace (and I sound like a Southern grandma, which was my intention). To better days, sisters and brothers, Dee