Quote:
Originally Posted by clintjm
Sure it would be great the US and China can hold hands and sing economically, but the reality of it is with the difference between the two governments, it will truley never happen on any true scale. China has not got the US true best interests at heart in the end.
Sure you can blame fox news for reporting the facts and watch the breaking news on Tiger woods if you want, but at the same time the administration is not helping by strangling growth, while patting themselves on the back. Businesses don't want to hire or expand because they don't know what is coming next as far as regulation and taxes from the government. The Chinese government doesn't regulate Chinese businesses a fraction that we are seeing in the US recently, which is a major reason for their continued economic growth. The Chinese would never agree to the cap and trade regulation on the rise here; they laugh at the current US administration for its distaste of any type of "profit".
Its too early to celebrate as usual. The celebration of a .03% in employment is nothing as it bounces back at the next check. And any signs of recovery is only temporary as we have seen continuously. People see these reports, see the government pat themselves on the back, celebrating, raising taxes, see their or their neighbors situations. Is this the environment that inspires economic growth?
Its a combination of things. People with a feeling of entitlement; people who don't understand basic usages of credit; people who are just living beyond their means. Why would these people have learned their lessons when their is always a bailout?
Its nice your part of the country that jobs are always available you are one of the few. I just watched a company just do 600 layoffs to their IT department. I just watched a state deficit grow and raise taxes.
You don't raise taxes in a mess such as this. You don't tax, increase regulation and grow government; do what was done in the late 70s and get the explosion of growth like was seen in the 80s.
The problem is things aren't really changing. We are already repeating the mortgage bubble as we speak.
Pitchforks and torches is not what the American people are about. Just continue to enforce the laws that exist, adjust and amend as needed by a majority vote. Prosecute through the courts.
Jobs bill.... HAAA!
Annyway... I think it says a lot that China is losing a taste for American T-bills.
|
I see what you saying by nature i tend to be more optimistic about matters than most. What i see are a lot of predictions about what might be but no one really knows except for what deficit will most likely be. It does not help that my patience with the entire governement is about gone. I dont give a damn if yoru a Republican or a Democrat but to me it looks like none of these people know how to govern a country and refuse to work together to tackle serious problems. Its a joke to see elected leader of late and their behavior if i have to read one more article about the tea party moments im going to scream. Do I consider China a serous problem yes and no i agree with you China does not have Americans best interest at heart its not surprise to me that they have lost there taste for the T-Bills. They are looking out for themselves the bottom line all countries look out for themselves and their citizens. I do agree with you that the US and China will never sit down as best buddies over a cup of tea its not going to happen but we still need each other. China still have a couple of million people they need to pull into the middle class and thats not happening anytime soon.
I dislike Fox news for a number of reasons its a constant topic in the DC-metro area. I dont care for news about celebrities as i dont watch a lot of tv to begin with and think celebrity news should be left to E.
time are tough and are only going to get tougher we need to get Americans back to work and our government just doesn't seem to know how to do this.