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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As more numbers come in regarding unemployment in America, it becomes painfully evident, proper job creation is needed, but the government is unwilling. They would rather throw large sums of taxpayer money at their chosen, party affiliated recipients, leaving them with the task of job creation and the money is being wasted and stolen.

Why is no one stopping this fraud and waste, with the most recent incident transpiring in Los Angeles, where it cost the government $2,000,000 per job, to create positions that did not pay anywhere near that figure. It is insulting to the public's intelligence that it took billions in stimulus funds to create a minimum number of jobs, not even making a dent in skyrocketing unemployment.

Government workers should have been reassigned, to properly create new job positions for unemployed people, as many of their old, often bureaucratic duties, are near a standstill with the financial crisis.

However, the government still just does not get it. Wasting stimulus money and overpaying to create new jobs, is not making a better or stronger America. What does the government not understand about rationing and cost cutting, to extract the most use and progress out of tax dollars. For every time they fail at this endeavor, millions more are out of work and the national deficit needlessly increases.

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Obama Touts Small Business Initiative

U.S. President Barack Obama

U.S. President Barack Obama gave a speech today in the White House's rose garden (see: backyard) addressing the small business initiative, he states he is on the verge of passing.

Obama opposes tax cuts for the rich, which the Judiciary Report has been against from the beginning as well. However, the president is seeking to spend billions, once again, in what may end up squandered and misappropriated, as in past cases of stimulus waste.

Small businesses need the assistance, but the Obama Administration, is not doling out the funds correctly, leading to theft, fraud and wasted opportunities, as seen with the job stimulus, which has been a failure. Each time this occurs, the U.S. taxpayer takes a significant financial hit, which is unfair.

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