As bad as things are, they’ll probably get worse in 2012. And they are likely to continue going badly for years to come after that, because it will not be easy to reverse the damage of the current administration. – American Thinker

 

By Jeffrey Folks at American Thinker

EXCERPTS:

Faced with the longest slump since the Great Depression, his solution is to raise taxes and increase spending. The only thing he’s managed to get done lately is extending the payroll tax cut for two months and continuing to fund 99-week unemployment benefits.

 

A 2% cut in withholding is not going to reignite economic growth in 2012. It has not done so in 2011, during which GDP growth has averaged 1.17% when it should be running five times that number. …. There’s something seriously amiss when the economy fails to recover following a severe recession. The problem is Washington, and more specifically, liberal Democrats in Washington.

Liberals like Nancy Pelosi think that the way to increase employment is an indefinite extension of unemployment benefits. That’s like addressing a lifeboat shortage on the Titanic by handing out free drinks.

FULL ARTICLE

 

 

Help Make A Difference By Sharing These Articles On Facebook, Twitter And Elsewhere:

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Interested In Further Reading? Click Here