Obama spoke about 3 million plus jobs only to pass the stimulus.

All he has been doing since becoming president is

1. Handing out more bailout money to banks and corporations
2. Saving Unions and Car Industry
3. Introducing programs “Cash for Clunkers” to support Car Industry and to show artificial growth
4. Forcing banks to delay foreclosures to artificially stop house price from going down.
5. Giving more control to Fed
6. Health care for all

But what he don’t seems to understand is, people are losing jobs and also their jobless benefits are drying up fast. People don’t need new cars when they don’t have a job. Instead of spending 3 billions for cash for clunkers program, he could have created more jobs.

Bottom line, without JOBS nothing can save the economy or create consumer confidence.

Its time he start focusing on creating 3 million plus jobs before the 3 million number start looking too less

nk

Related Posts:

• Banks, FRE and FNM already face huge losses for years to come.
• The stimulus checks have done nothing to stimulate the economy
• There is a huge risk of double dip recession is the government is not careful.
• Nothing has fundamentally changed on Wall St or in Washington.
• The investment pros keep getting on TV and saying that they are waiting for all the sideline money to come into the market………

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