Posts Tagged ‘economic recovery’

(CNN) – Retired Gen. Colin Powell is not prepared to back President Barack Obama in the 2012 presidential campaign.

The former secretary of state under former President George W. Bush endorsed then-candidate Obama in the 2008 election, but said Sunday on CNN’s “State of the Union” that he will wait to make a decision on whom to support in the next presidential election.

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With all due respect General Powell, you are way off base with your comments that the economy is improving. There’s still way too many people who are unemployed, the prices of oil & gas (which helped sink the world economy in the first place) are going higher and higher. With some experts predicting the price of gasoline to be over five dollars a gallon by summer.

The prices of food, clothing and just about everything else are directly tied to the price of oil, which means they will climb ever higher.

Now onto the unemployment issue. Unemployment has not gone down one iota. I don’t care what the reports say. Those reports do not take into account the people who are no longer elegible for unemployment and are still unemployed and in many cases have just flat out given up. There’s your so called precious jobs? There aren’t any.

I’ve heard it said that it’s the small business’ that will turn around the economy. What a bunch of bunk. Obamacare will see to it that the small business can’t prosper. The so called tax breaks that Obamacare provides don’t out weigh the tax increases that come with it.Small business has enough of a burden on it already. Everytime the minimum wages go up, people in that sector get laid off, because the small business can’t afford to pay 100 people minimum wage. it’s too costly.

You want to create jobs. Make it attractive for the larger corporations, GM, Ford, AT&T, etc to hire more people. IN THIS COUNTRY, NOT CHINA! No offense but creating jobs overseas in places like China does nothing for our economy. If you really want to stimulate the economy, get people working. A lousy 600.00 charity check or a 13.00 decrease in taxes doesn’t do squat to stimulate the economy. If someone is out of work that 600.00 check might have helped pay a few bill, but you can be pretty sure that someone with any kind of common sense isn’t taking that money and buying a new big screen TV. A good job, not minimum wage. Is what is going to get this economy rolling.

We need to increase the number of manufacturing jobs, those are the well paying jobs. (not over inflated union wages either). But there’s plenty of people out there who would love to work for say ten to eleven dollars an hour. To get more jobs in this country the governement has to give these companies tax breaks. These tax breaks could be used as incentives for these companies to higher people, build more plants (here not in China). Bogus road contruction won’t get people working long term. Manufacturing, engineering and design jobs will.

Working in retail I see what goes on every day in the real world. People have no money. They have reached a point of do I put gas in my car or do I eat? That’s a fact. Get out in the real world and take Obama with you. Let him see what’s really going on. Let him see that Camden, NJ. just laid off half it’s police force and fire fighters, because they have no money. Let him see Mrs. Mommy in the store with very little money and two hungry mouths to feed. Let him go to a gas station and see that it costs 60.00 dollars a week to put gan in a car.

Let him see the over inflated prices in a supermarket. Food prices are going up just about every week.

Then tell me the economy is on the road to recovery.

Choke On That, Mr. Powell!