Economic Repression has Obama Administration Mystified
Alan E. Moses
February 05, 2009
With an economy that sits on the wire between recession and depression President Obama and Congress debate the plan of action to correct something that has been in decline for the better part of 30 years. The free market system that was to never collapse has done just that as Americans and Government alike have borrowed themselves into Economic Repression.
repression (r -pr sh n)
1. The act of repressing or the state of being repressed.
2. Psychology The unconscious exclusion of painful impulses, desires, or fears from the conscious mind. (thefreedictionary.com)
As a Nation that somewhere along the line came under the belief that to borrow was the secret to success we find ourselves in a very dire situation that only drastict measures can correct. The major problem is that nobody is willing to make or accept the changes necessary to straighten out the problems that have lead to our current situation. More of the same will only take us farther from the desired goal. True economic stability now and into the future.
As jobs have walked off shore and the system adjusted to less yet more powerful financial and corporate entities we have raced into the set for failure situation we see today. With the advent of a world economy we have stumbled into a big plate of reality as the American consumer and therefore worker could nolonger provide the needed backbone to continue true growth. We were forced into a borrowing frenzy to prop up what was sure to fall. The financial institutions were all for this idea of neverending credit as the numbers looked good on paper. The problem was that these institutions failed to prepare for what was certain to happen.
Who could have forseen that as good paying jobs went to the lowest bidders outside of our borders that this might help upset the apple cart that seemed to be so sturdy? Who could have forseen that healthcare costs would soar adding further to the amount in the debit coloumn on the ledger sheets of America? Who stepped up and warned that Government was spending the future away and this too would not only tip the cart but spoil many of the apples that fall? The answer is in truth many have warned us yet those few in power ignored them as it seemed too upsurd to really happen.
The debate rages about taxpayer supported stimulis packages that so far have done nothing and as some say will not turn around an economy that suffers from more than lack of money. Money is not the problem itīs the way we deal with it and how we donīt create jobs that will rebuild the necessary middle class that is the backbone for a free market society to function.
The Healthcare issue must be resolved as this is one of the main contributors for Corporate America to move offshore to gain profit and deplete the pocketbooks of others. Reform the way lenders conduct business as in interest rates and charges that cant be explained. Regulate how the stock market functions and where this money goes when stocks fall. Rebuilding an educational system that is fair and equatible for all would produce the very best of the best. Make infrastructure projects an ongoing policy unlike the policy that has allowed ours to decline. Downsizing government and regulate it more closely would save billions of taxpayer dollars. Set a straight tax system and eliminate the loopholes that are used to forgo billions in payments.
All of the above are only the tip of the iceberg yet this is what our elected officials should be doing and not trying to throw more money into a system that stopped working as is. We really do need change and nothing will happen overnight so I would hope that we would take a moment and adjust a system that nolonger can function in its present state
repression (r -pr sh n)
1. The act of repressing or the state of being repressed.
2. Psychology The unconscious exclusion of painful impulses, desires, or fears from the conscious mind. (thefreedictionary.com)
As a Nation that somewhere along the line came under the belief that to borrow was the secret to success we find ourselves in a very dire situation that only drastict measures can correct. The major problem is that nobody is willing to make or accept the changes necessary to straighten out the problems that have lead to our current situation. More of the same will only take us farther from the desired goal. True economic stability now and into the future.
As jobs have walked off shore and the system adjusted to less yet more powerful financial and corporate entities we have raced into the set for failure situation we see today. With the advent of a world economy we have stumbled into a big plate of reality as the American consumer and therefore worker could nolonger provide the needed backbone to continue true growth. We were forced into a borrowing frenzy to prop up what was sure to fall. The financial institutions were all for this idea of neverending credit as the numbers looked good on paper. The problem was that these institutions failed to prepare for what was certain to happen.
Who could have forseen that as good paying jobs went to the lowest bidders outside of our borders that this might help upset the apple cart that seemed to be so sturdy? Who could have forseen that healthcare costs would soar adding further to the amount in the debit coloumn on the ledger sheets of America? Who stepped up and warned that Government was spending the future away and this too would not only tip the cart but spoil many of the apples that fall? The answer is in truth many have warned us yet those few in power ignored them as it seemed too upsurd to really happen.
The debate rages about taxpayer supported stimulis packages that so far have done nothing and as some say will not turn around an economy that suffers from more than lack of money. Money is not the problem itīs the way we deal with it and how we donīt create jobs that will rebuild the necessary middle class that is the backbone for a free market society to function.
The Healthcare issue must be resolved as this is one of the main contributors for Corporate America to move offshore to gain profit and deplete the pocketbooks of others. Reform the way lenders conduct business as in interest rates and charges that cant be explained. Regulate how the stock market functions and where this money goes when stocks fall. Rebuilding an educational system that is fair and equatible for all would produce the very best of the best. Make infrastructure projects an ongoing policy unlike the policy that has allowed ours to decline. Downsizing government and regulate it more closely would save billions of taxpayer dollars. Set a straight tax system and eliminate the loopholes that are used to forgo billions in payments.
All of the above are only the tip of the iceberg yet this is what our elected officials should be doing and not trying to throw more money into a system that stopped working as is. We really do need change and nothing will happen overnight so I would hope that we would take a moment and adjust a system that nolonger can function in its present state
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