10 months ago
Last edited at 8:46PM on 2/4/2013
Because we had president Bush who did not care about us people or our money!!!!!!!!!!!!!!!!!!!!!!!!!!!
He drove the country into a ditch 5 years ago. Created a huge $4 trillion debt - war debt, tax debt by lowering taxes on his rich buddies, and giving $750 billion away to his banker buddies when it looked like there own stupidity might make them go broke. The good news is that the problems created by his screwups are behind us and things are getting better.
One reason in my opinion the biggest we give food stamps to anyone who asks including non citizens and people out there are willing to work for below minimum wage because its more then they can make In their country and to add to that we have greedy business owners who would rather give someone WHO DOESN'T BELONG IN THIS COUNTRY the jobs because they save money a the INS doesn't do anything because they know said people will just sneak back into the country AND JUST IN CASE PEOE THINK IM TALKING ABOUT ANY CERTAIN RACE I DON'T CARE WHO YOU ARE IF YOU AREN'T A CITIZEN NATURAL OR WITH A GREEN CARD GET OUT!!!!! White black Hispanic I don't care just GTFO
When you have a job, you produce lots of wealth. Of that wealth, your boss takes a cut, your boss's boss takes a cut, the investors take a cut, the bankers take a cut, and you get what's left. In the past, you used to take home most of the fruits of your own labor. That's not the case anymore: most goes to the people at the top.
When all the money is concentrated at the top, businesses naturally experience a shortage of customers. If you sell giant TVs, but only rich people can afford to buy them, you just don't have enough people buying your TVs. It's much better for you if everyone has a share of the wealth, then you can sell big TVs to everyone. The concentration of wealth creates persistent problems for businesses, who try to find people who can afford their services, and can't. This feeds into problem two - the vicious cycle of not enough customers leading to not enough hiring leading to not enough customers.
This is the Teapublican's "trickle-down" economics in the working. Which of course, is working as it is suppose to depending on who you are. Which you probably aren't.
Lots of non answers here... We went through an economic meltdown worse than anything since the Great Depression. It didn't help that the meltdown spread globally. We are recovering but a lot of it depends on Europe. We cannot buy all the things we have the capacity to make, especially since people prefer made in china. We have to have outside customers and that's mostly Europe for us. Until it fully recovers, things here will only improve slowly.
It's all apart of gods plan. Once the world is to a certain point were god sees that it has become a bad place he will return. 7 things that will happen before he returns and 4 have already happened and the next 3 are planned to happen in our lifetime.