posted on Jul, 16 2009 @ 01:05 PM
reply to post by Ulala
We have programs like you described in your post in the U.S. What is happening now is that people are being deleveraged, that is losing their jobs,
then their homes, then the rest of any money they may have. Until one is actually broke, there are really not that many programs available, and maybe
that is how it should be.
However, after a while, not sure how long, the government will not have the money to help everyone who has become poor. And it does not seem like the
jobs are going to come back. Obama extended unemployment benefits and also expanded some other things, like medical care for children who do not have
health insurance. I do not believe in socialism or higher taxes, so I am not sure what the answer is.
The only solution is to create more jobs, but I do not see that happening anytime soon. We were living off of a real estate bubble, and that is what
was providing tax revenues and jobs. Now the bubble has popped and we are left with a huge hole in our economy.
No one in the government, including Obama, and Congress (both parties) ever talks about jobs anymore, all I hear is "unfreeze the credit markets"
and things like "Credit is the lifeblood of the American economy". However, one can not get credit when they are broke and unemployed. Therefore,
in the future, many more people will wind up homeless and hungry.
All Washington is trying to do is blow yet another bubble, and this time it will not work. At some point, people are going to figure out that we are
screwed...then maybe they will get angry.
It seems like in the U.K. and Europe, people go on strike and protest and at times the government actually listens to the demands and tries to find a
reasonable solution. Maybe that needs to happen here, and maybe it will.