With the abundance of uncertainty in the world today you would think all of the politicians in Washington D.C. would be in a huddle trying to find ways to salvage our economy and put our citizens back to work. Congress seems to ignore the huge problems looming just over the horizon. All we see are the usual partisan political games.
There is a sense of urgency; we citizens feel it. The European Common Market seems to be on the verge of something; disintegration of that union, devaluation of their currency, or perhaps just the voluntary departure of one or more of it’s troubled members. We can not tell, but we can feel the uncertainty, and we see the unrest in Greece, and other EU countries.
The so called Arab spring is still in effect; unrest and rebellion seem to be everywhere. How will the problems there affect us? Will our supply of imported oil be disrupted? Will these problems affect our two wars in the Middle East?
Here in our own country we see signs our own economy may be slowing and the number of people filing for unemployment compensation weekly has remained around 400 thousand or higher since 2008. We started out with about 14 million people who lost their jobs at the start of the financial crisis.
Although the mainstream news magazines and network television stations only give passing mention of these figures when the weekly jobless figures come out; this is a really big deal. We can not continue to function with 400 thousand people every week losing their jobs.
Every year we have several million people graduating from high school, trade schools, and universities, who will not be able to find a job. Nobody is reporting on the new people who want to enter the labor force, and are unable to find a job.
Spending cuts alone will not solve our problems. Big cuts in government spending would definitely improve business conditions. All of that money would be available to the real economy to create new businesses and new jobs. However it will take something in the way of real economic stimulus to put all of the unemployed people back to work quickly.
Take a hard look at the people running for president. If a candidate does not realize that these problems exist, and doesn’t have specific plans to deal with them, that candidate doesn’t even deserve your consideration.
Hopefully we can narrow the field of candidates down to two or 3 candidates who know what the problems are have workable solutions for the problems, and a vision to move the country forward.