reply to post by Dodecahedral
I agree with getting rid of the Fed and the income tax but this is a conspiracy of one and that's Bush.
If he would have controlled spending and reduced the scope and size of government when he had a republican House and Senate things would be alot
You can't cut taxes, borrow money and grow government at the same time. Especialy under a global economy.
See, free trade means jobs will be lost to cheap labor. We will then switch fom a producer based economy to a consumer based economy.
Free trade was accelerated under the Clinton administration, and of course, it was Clinton that signed NAFTA into law. Both the Democratic Party and
the Republican Party supported NAFTA, and continue to. Obama talked about "renegotiating NAFTA", but then signaled to Canadian officials that "it
was only campaign rhetoric". I guarantee that he will not touch NAFTA.
In reality, what passes for "free trade" is really NOT free trade. Truly free trade has no barriers on either side. That is far from the case
today. Countries like China and Japan assist their companies with tariffs, regulations and, in the case of China, lack of labor laws to prevent
"slave labor". On the other hand, American companies, such as the "Big 3" auto manufacturers cannot possibly compete with foreign companies, when
they have the UAW as a millstone around their necks. How can a company survive when a contract calls for laid off employees to receive 95% of their
pay? In addition, when the average corporate CEO in this country now makes 700 times the average salary of his/her workers, companies suffer:
In foreign countries such as Japan, that figure is about 12 times the average worker's salary.
Although Bush did not help the economy, to place the entire blame on him, gives him more credit than he deserves. No one person caused this mess. To
think that would be pure fantasy. It took Congress, crooked mortgage brokers, corrupt bankers, greedy speculators, and ignorance on many peoples part
to get where we are today. The blame needs to be shared by all involved, from those who lived their lives on credit, to those in government and
industry. None of the parties get a free pass here.
Blaming one person, regardless of who that is, is to fail to learn from history, and those that fail to learn from history, are doomed to repeat the
Step back, take a deep breath, and see the larger picture. It is a collage of humanity, not a presidential portrait.