Monday, July 6, 2009

Economy: Outside the Beltway

belt.way.itis n.
1/ the mental inability to view the world as it actually is.

Congress needs to elevate its opinion of the American public. We are not stupid and we are not happy. We also are not impressed by the recent actions of Congress. Congress has taken a bad situation and made it worse by doing the exact oppose of what it should be doing to help this country recover from this recession. Basic economics dictate that the way to stimulate a sagging economy is to lower personal and business taxes - especially small business taxes since most of our new jobs come from this sector. Unemployment has risen and will continue to do so. If unemployment data included those who are no longer eligible for unemployment benefits the unemployment rate would already be in double digits. The first stimulus didn't work. Now you are considering repeating your first mistake. Einstein once stated that the definition of insanity is repeating the same action and expecting different results. Stop the insanity! The American public is slow to anger, but its patience is limited. Stop trying to change our country and concentrate on fixing our economic problems. We have been pushed about as far as we will go. Back off!

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