Crisis and plan to fix it 'unprecedented'

[Deja Q]

http://money.cnn.com/2009/01/08/news/economy/obama_stim/index.htm?postversion=2009010812

I keep hearing about budget freezes, cutting back on new projects (that have long term benefits), and so on.

Failure is not an option.

During the campaign, Obama said our trust in him would not be misplaced; he would earn it.

http://money.cnn.com/2009/01/07/news/economy/salary_cuts/index.htm?postversion=2009010713

Employees will be making less this year. This will not help the economy (lesser earnings + lesser spending = rudimentary economics).

Or morale, which is what keeps any business... or country strong.


http://money.cnn.com/2009/01/08/news/economy/stimulus_jobs/index.htm?postversion=2009010807

Offshoring yet more jobs will not help the US economy. Or the global economy; if the number of recalls and poor products is anything to go by, the new empires being built are built on wax paper. And that ain't very strong.

http://www.msnbc.msn.com/id/28555437
Obama was recently quoted as saying we're in a situation that "may have no stopping point". I am still finding the link. I need to find it as proof; if the Leader is spouting negative comments, anybody taking courses in education are likely to drop out of abject futility. He said:

"More families will lose their savings. More dreams will be deferred and denied. And our nation will sink deeper into a crisis that, at some point, we may not be able to reverse."

Now, following one's dream job, or any decent paying job, is becoming deferred or denied. Half of which is due to offshoring; those goods in return being more often than not grossly inferior. Hell, people are remaining in even their current jobs, dead-end as many of them are, out of bone chilling fear of what may (or may not) happen. This is no way to run a business or a country.

I'd read about a new round of 'rebates'. Another band-aid. Like tax cuts, these will not work on their own. We need well paying jobs, in America, to rebuild the American economy. I know the good this will do, but it's very short term. long term requires decent paying jobs or else it really is all over. :(

Even reversing tax breaks for companies THAT offshore is a start. Proper leveling of the playing field since, like it or not, a "one world government" is one that China, Iran, Russia, and others will not like as much as some would try. (I am not accusing anyone; it's just a tinfoil hat theory that's not going to fly anywhere.)

And, yes, everybody knows irresponsibility of mammoth proportions has taken place. Don't reward the wrongdoers. Please don't.

[grasswire]

1. it's a whole new world for Americans...

...who have been taught that opportunity is unlimited for those who want to work hard and that each generation will do better than the last. Wow. It's mind-boggling. The ruination of the aspirations of hundreds of millions of people, all for greed. How can we not be infuriated? How will there not be a class war? How can the profiteers get away without penalty?

[Deja Q]

2. I don't mind the same philosophy being taught worldwide.

Except that's not what's happening, worldwide.

Work hard, learning, and be willing to contribute for the better of society. Living a reasonably stress-free life and not living as a slave isn't surely too much to ask in a developed society?

Now job ads say "Have x years of experience" -- one can have every degree and certification in the book, but no experience. Volunteer work often doesn't cut it either, given the smaller nature of such outfits. So despite all that, all the degrees and such render one "overqualified" for even janitorial work.

Some say there are tinfoil hat theories. Given the sheer amount of non-sequiturs, it's simply brainless greed and apathy towards one's fellow citizen.

[Cha]

3. That's right and Team Obama has

their eye on the ball, so to speak.