Is The United States Economy on the Verge of Collapse?
It did not take someone of genius intelligence to figure out that the war economy was devastating our economic future. One only had to realize that the billions of dollars being spent on the war effort and the national attention that it was diverting from domestic issues was bound to jeopardize national security on a note closer to home than Iraq.
Unfortunately, our esteemed leaders, mainly our blind president, refused to see the possibility of disaster until now when it could be too late to avoid a tragic depression that will make the 1929 collapse of the stock market look like a mild hiccup in the grand scheme of things. That makes me wonder how someone with an average intelligence could tell we were in trouble as soon as the national debt escalated to the trillion dollar mark while our commander in chief and his minions kept reiterating the fact that the economy was basically sound and a recession could be avoided.
I believe that their blind sightedness to the economic issues is at least in part due to their ridiculous foreign policies that have made them one of the piranhas of the modern world. Or was it that they were to weak to admit the failure of their economic policies? Well, let’s face it folks the recession is here and isn’t likely to go anywhere any time soon.
As a result of these failed policies millions will soon lose their jobs (yes, even some of you reading this article who thought your jobs were a sure thing due to longevity or whatever) as our economy is attacked by everything from high energy costs, inflation, the subprime mortgage crisis, a plummeting stock market, weak retail sales, and the decline in the housing and manufacturing markets. While we have faced and survived similar economics downturns over the years this one is sure to be one of the worst and may take years not months to recover from. Of course, Old George wants to make us think that the next president can fix his errors in a few short months but the grave he has dug us into is going to take more than a few shovels of good fortune to fix.
To be fair, however, the failure lies with all the members of both parties in Washington who have been more concerned about fighting wars, getting reelected and catering to special interest groups than in performing their best for the citizenry that elected them. It is a sad day indeed when the country stands on the precipice of a national election and the populace is faced on voting once again for the lesser of the evils that are being offered up for nomination.
Today I voted, not for who I thought would make the best presidential choice or who could actually change the downward spiral America is on but on who might do the least damage in the future. After twenty years of a Bush/Clinton White House and legislatures who have been bought by lobbyists long before they take office isn’t it time for change. I am not talking about anarchy or violent change but a change in the electoral practices that only allow rich, powerful men who have their own agendas to have the opportunity to run for national offices. It is time to give an independent without any strings attached to him by bigwig CEOs or lobbyists a chance to truly turn this country back to the roots that our Founding Fathers sacrificed their lives to give us. Remember apathy is always a precursor to destruction and Americans now seek dependence on the government by asking for more and more handouts from the treasury coffers which make us ever and ever more susceptible to dictator control. Just think about after 9/11 when Bush made maumau sounds about extending the two term limit for president and the devastation his actions that amounted to little more than those of a dictator caused.
So remember, the economy is in the hands of the American people. All that has happened has occurred under George W. Bush’s watch and he cannot simply wipe away his responsibility when another owned politician takes over his office. Like so many of America’s problems, this cold have been avoided or the impact blunted if both parties and Bush had not been asleep at the wheel and so determined to keep the warmongering spirit of revenge alive. Who do you vote for? I don’t have an answer but you must vote if you realize that this country is in trouble and you want real change.
[tags]United States economy, economy, Economic collapse, Bush Administration, Iraq War, Clinton, 9/11, lobbyists, special interest groups, retail markets, housing decline, stock market plummet, subprime mortgage crisis, energy costs, depression, national debt, foreign policy, national security[/tags]






Pingback: Is The United States Economy on the Verge of Collapse? at Sub Prime on The Finance World For News and Information Around The World On Finance