Obama stock ticker
As everyone knows, or should know, I am not a big fan of our current President. I believe him to be leaning way to far to Government control of our economy and our lives.That being said, I want to let it be known that during the election, I was speaking to a Dem pollster and told her at that time that I believed that whoever won, would only serve for one term. I based this statement on the fact that the downturn in the economy would hurt whoever won and I did not think the policies of either candidate lent themselves to stimulating the economy.
The government cannot create jobs or ramp up spending without long term effects on the overall economy. Our current system of government does not create wealth, so for it to give money or create a job, it must first take the money from someone. Eventually the huge amount of spending that has occurred over the last 50 years is going to come back and bite these people on the ass. Currently they have been able to push the due date away and tax and borrow and "Enron" the books. Buying votes with each new program and creating zero liability voters with each new subsidy(zero liability voter: someone who receives government money and benefits and pays nothing into the system). Eventually we will reach a tipping point and then we will be in the same boat as California is right now. That day will come sooner than later I think.
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