Note: Sometime back I decided to stop writing this blog. I figured only a handful of people were reading it and I was unlikely to change any minds. I figured that I would be able to devote writing time to finishing my languishing novel and a couple of short stories that needed some work. Fact is I did not work on the novel or short stories. I did a lot of reading and little writing. Then I chanced to hear from friend I have not communicated with much in recent years. He reported that he enjoyed several of my blog pieces, a surprise because I did not think he even knew the blog existed. Long story short: I decided to give it a couple more tries. If you actually read this, let me know so I can be assured that I am not talking to myself.
The news out the other day: The US census reported that the poverty rate in the
Of course, with a nasty recession going on and some 15 million Americans out of work, you should expect poverty to be on the increase. But, this has been going on for a long, long time.
You may well ask what has this got to do with
Now comes the Obama Administration with its collection of egghead academics with zero business experience and anti-business Marxists to finish the job on American industry. The policies already inflicted on business so far are breathtaking. From the auto bailout/takeover, financial regulation, increased taxes to the drilling moratorium and the new health care mess, businesses in the
Americans are scared and rightly so. The rise of the Tea Party movement reflects this fear and represents a grass roots ground swell that has caught entrenched Democrats and complacent Republicans by surprise. Many are still in denial.
Reality for many will set in on November 2nd. Most pundits believe that the Republicans will take over the House and some believe the Senate too. I suspect that the Senate will wind up evenly divided insuring gridlock and an inability to overcome an Obama veto. It will be a long time before Obama is voted out of office and he replaces Carter as the most clueless president in history. He can still do a lot of damage even with a Republican Congress.
First, the brakes must be put on the trial lawyers and the rules that give hunting licenses to them. Every corporation has hundreds of frivolous lawsuits going at any one time costing them millions to fight.
levies the highest corporate tax in the industrialized world. Capital gains taxes should be cut to zero. US
Unions are way too powerful, especially under this administration that curries political favor from them.
Regulations need to be cut at all levels of government.
And, the death grip that the teacher’s unions have on education needs to be broken. For all the money that’s thrown at education the end product only gets worse. It’s time to try something different.
The above is just a partial list but you get the idea. The loss of good paying industrial middle class jobs falls hardest on the poor and poorly educated. From there many social problems arise from the poverty inflicted on the lower classes. When people see no way out of poverty, crime, drugs, unwanted births and chronic welfare dependency result. If we do not reindustrialize
Don’t forget to vote.