Friday, December 4, 2009

10 percent is still 10 out of every hundred (link to article)

"Unexpected drop in jobless rate sparks optimism"...really? From October to the start of December we as a state have gone from an UNEMPLOYMENT rate (very different from a "jobless" rate) of 10.2% to 10%. Now granted, this is a good sign of a recovery, but the main idea is that we are still at 10%. That's not a very good number. Obama was very pleased to announce that this .2% drop has been the best report since 2007. Now, I don't think that the drop really matches the overall scale of this situation.

The biggest real "job" creation is coming from... wait for it.... federal government jobs. WHY OH WHY!!!
Focus the efforts and "stimulus" money where is matters, in small and medium size businesses. Money that we don't really have. Money that we had to borrow. At least with a smarter investment in a sector with a chance to actually give a return on the borrowed money. The government's only real job in fixing the economy should be to only control the tax rate. REAL recovery should, and can only, come from the industrious, intelligent, and hard working citizens of this great state.

There also is a very nice little thing coming to a pocketbook near you this next year, wonder what it is? It's a cute little tax hike. Not only just an increase in taxes, but one of the LARGEST tax hikes in the history of this nation. Unemployment benefits are going to increase no doubt (along with other programs, most of which need to be overhauled). Wait...we are trying to get unemployment down, but unemployment benefits are going to increase. Where's the incentive to get off unemployment then? Why worry about working and creating real wealth for yourself and your family, when you can just mooch (yes it's essentially mooching) off of everyone else's wealth, which was probably going to be used for themselves and their families. It's basically legal theft and money laundering.

Now I live the the greatest state in the Union, Texas. We actually have been fairly responsible with our money and we aren't really in a big mess *cough California*.But I have a feeling that somehow it is our (Texas) and every other fiscally responsible state's fault that California, Detroit and the likes are...well...doing pretty terribly. And that we (Texas) and other fiscally responsible states will have to...wait..bail out (ah there's that sneaky word) these places, who just happened to overwhelmingly vote for Obama. Sounds fishy to me, then again I don't really trust thieves or mob bosses. It's kinda like Casino all over the states.

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