Tuesday, May 1, 2012

Forward, To What?


  I heard on the news today,  what the new slogan is going to be for President Obama's reelection campaign. Gone are the past slogans of  Hope  And Change and  Yes  We Can. Obama's reelection campaign staff has settled on a simpler slogan of  Forward. My first reaction when I heard this new slogan was forward to what?
  When President Obama, took office in January of 2009 the nation's unemployment rate was just over seven percent now, three and a half years later the nation's unemployment rate stands at  eight point two percent in fact, unemployment has remained above eight percent for thirty eight months in a row now that is the longest period of time unemployment has remained so high since the days of the Great Depression. The nation's housing market now stands at at a fifteen year low as far as home sales are concerned. My house is now worth about fifteen percent less than what I bought it for just six years ago as far as resale value is concerned. When the President took office in January of 2009 approximately 21 million people were receiving food stamps now three years later that number has nearly doubled to 41 million. The nation's credit rating has been down graded  during Obama's watch. Gas,  was 2.70 a gallon in January of 2009 now in some places across this country you could pay anywhere from 4.50 to 6.00 depending on where you happen to be or be traveling to. Many small businesses if they are still open are struggling to survive under the massive regulations put into place as a result  of the passage of  Dodd,  Frank. this legislation is supposed to protect  consumers from being over charged by banks as far as interest rates on credit cards are concerned and it's supposed to guard against big business fraud, The only thing Dodd Frank seems to be doing is making it nearly impossible for a small business to make a profit. You know it;s funny, I don't see much forward progress here in fact the only direction America, seems to be going as far as the nation's over all economy is concerned is backwards. As always, my friends, these thoughts remain, just, some words, to think on.

No comments:

Post a Comment