posted on Jul, 20 2011 @ 09:52 PM
reply to post by SeekerofTruth101
Can't you guys see it clearly by now???
....I fully agree that the fed should be dismantled and very much economic pains to be endured as well corrections done to our financial systems, but
WE NEED those loans to reactivate and reset the economy while we still can, with better restructuring and rational budget, that deficit CAN be cut
further with increased earnings and revenue later..
Yes I can see the problem and the BUDGET is NOT THE PROBLEM.
Small business account for much of the new job growth. They have generated 64 percent of net new jobs over the past 15 years. (SBA.gov)
So what is holding back the economy???
#1. RED TAPE:
Business growth ground to a halt because you hit small business with a major headache like Obamacare and that blasted
1099 red tape nightmare. That is just one of many many regulation nightmares businesses have to go through.
All you have to do is search "Small business Red Tape"
There is an even bigger mess that has to be cleaned up. "FREE TRADE AGREEMENTS"
WTO, NAFTA and CAFTA all did away with the tariffs that protected US workers from international competition.
As long as US workers are directly competing with workers in third world countries working at slave wages and without all of the US regulations and
cost of living expenses we have no hope of a recovering economy.
The largest employer in the US is the Federal Government followed by Wally Mart, Kelly Temp Services and McDonalds.
On top of that Our Education sucks "we're at the bottom of the heap,
outperforming only two countries, Cyprus and South Africa. "
According to one article I read our high tech positions are now being filled by
workers from India and China and of course our lower end jobs are being filled by Latinos, all of whom have better work ethics and are willing to work
for lower wages.
...In 2000, 28 percent of all freshmen entering a degree-granting institution required remedial coursework...
Surveys of corporations consistently find that businesses are focused outside • the U.S. to recruit necessary talent. In a 2002 survey, 16 global
corporations complained that American schools did not produce students with global skills. United States companies agreed. The survey found that 30
percent of large U.S. companies “believed they had failed to exploit fully their international business opportunities due to insufficient personnel
with international skills.” One respondent to the survey even noted, “If I wanted to recruit people who are both technically skilled and
culturally aware, I wouldn’t even waste time looking for them on U.S. college campuses.” www.edreform.com...
Congress has a lot to do and it means SLASHING the budget, DISMANTLING the BUREAUCRACY, and TRASHING the free trade treaties.
The easiest part is coming up with a decent budget.
edit on 20-7-2011 by crimvelvet because: added URL for quote