U.S. Jobs Lost Not To Be Replaced Until 2020

Former President Bill Clinton, President Barack Obama and First Lady Michelle Obama

According to a newly published report, the jobs lost during the current financial depression, will not be replaced until 2020. That's 10-years away. Furthermore, if another financial depression occurs, the aforementioned timetable will be inaccurate.

However, it doesn't have to be this way, but the Bush and Obama Administrations, have not done enough to stem the problem over the last two years. Additionally, so much stimulus money has been wasted, adding negative debt to the national deficit, not easily recouped, as so little progress sprang form it.

The government needed to get creative with job creation. The Judiciary Report has been stating this for some time now. The Obama Administration cannot rely on stimulus recipients in the corporate sector, to use the funds in the most prudent and useful manner, to create the maximum number of jobs possible. Some cannot be trusted with such large sums of money, to resist the temptation of squandering it.

STORY SOURCE

U.S. Won’t Recover Lost Jobs Until March 2020 At Current Pace

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Obama Blaming Bush For Everything

Barack Obama

According to an article published in the Sun Sentinel, U.S. President, Barack Obama continues to blame former Commander-in-Chief, George W. Bush, for the financial crisis that has refused to release its grip on the American economy.

Yes, Bush is responsible for the crisis, but Obama is culpable for having made it much worse with over-spending. History shall not indemnify Obama from the negative impact his massive spending has created on the nation's financial books.

George W. Bush

President Obama needs to take responsibility for the poor financial decisions he has made and the damage it has done to the national deficit and economy as a whole. George Bush ate my homework will not cut it.

Regardless, I don't think George W. Bush would eat paper. Now, I can totally picture him eating or sniffing glue, Mr. Misunderestimate. You know he was one of the original glue sniffers in school. That's the only explanation I can think of for the gaffes.

STORY SOURCE

Where's recovery?: Obama keeps blaming Bush

United States Of China?

Barack Obama

A very sobering article was published yesterday by mainstream outlet CNBC, stating China essentially owns America, due to the massive amount of debt the nation has accumulated and the interest that is steadily being accrued. However, U.S. President, Barack Obama, is still spending very large sums of taxpayer money on fruitless endeavors, while America owes China $1 trillion dollars and counting.

No disrespect intended to China, as they work hard for their money, producing goods and services the world enjoys, but Bush and Obama's financial imprudence is threatening America's sovereignty, as any nation that accumulates too much debt and cannot pay its bills, is at risk of going under and collapsing.

If the Obama Administration continues this massive spending campaign, the nation will no longer be able to afford a federal government, with everything being handled on a state level.

The Obama spending spree and money printing run needs to stop. Furthermore, devaluing the U.S. dollar is not going to fix the financial crisis. Once again, the U.S. government is spending too much money and to very poor results. The government should have concentrated on cost cutting and paying down the national debt, as now the nation's sovereignty is in jeopardy.

I predicted the 2008 financial crisis two years before it happened and the Judiciary Report has been publishing a message of government thrift, debt reduction and corporate production for over three years, but the so-called powers that be in Washington, still don't get it and probably won't, until the damage is so extensive, the American way of life is completely gone.

STORY SOURCE

US Is 'Practically Owned' by China: Analyst

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