Friday, January 4, 2013

Governmental leaders lack courage

The president couldn't interrupt his vacation to sign the bill that he and Congress take pride in because it "avoided the fiscal cliff." They extended the "Bush tax cuts" but did not have the courage to do anything about the problems of the economy.  Oh, I forgot, there were some economic gains -- Obama and his family have spent 20 million dollars on vacations and the president wants to reward Congress for doing such  a good job, so they are to receive a raise.

Why worry that we have suffered four years of  under employment.  It is today 7.8 officially but is  more like  18 per cent.  The president and Congress have ignored the problem or must be  incapable of taking action to improve the economy.

The government officials do not have the courage to stop spending much more than revenues.  A few weeks ago the nation's indebtedness reached  16 trillion dollars.  Today, we owe $16, 432, 706,000,000.00.  They do not care; let some one in the future  tackle the problems. Our leaders have to cater to the "takers" to stay in office; what's more important than that?

No comments:

Post a Comment