DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
2 comments:
Isn't great how Obama keeps driving more nails in the US auto industry and our economy in general. If only on his first day in office he had cut capital gains, corporate income and personal income taxes our economy would be would be showing great signs of promise. But Obama in his economic wisdom decided to copy FDR plan for an economic recovery. Here are some interesting facts, in 1937 when FDR started his massive goverment spending spree, unemployment was at 15.1% and the stock market was at 179 in 1941 our unemployment rate was at 17.4% and the stock market was at 121. It is no wonder that GM and other businesses continue to down size and lay off workers. Massive goverment spending only leads crippling inflation and great economic hardship.
Sad but true. Thank you Mr. Obama.
Is this the way you help the middle class. Instead of giving all of that money to the fiancial institutions and big businesses, so their top management could get big bonuses for making the business fail. You should have given to us middle class tax payers. If everyone that paid taxes last year got twenty or thirty thousand dollars. They could pay their house payments buy new cars and other necessities the economy would be booming from all of that money going back into the econmy. And the companies would be so busy there would be more jobs for people to handle all of this business they would be getting. Now that Mr. President is an ECONOMIC STIMULUS PACKAGE that would work/
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