“This is It Folks, the Moment Of Truth.”
Obama is now the 44Th President of the United States. There is much to be expected from him as the first black to hold that office. Can he do the job? The honeymoon has been over for three months and time will only tell in this writer’s opinion. I hope to be proven wrong.
He has a lot to tackle in his first year in office. The economy that has gone negative again today in what seem to be a regular problem. What can be done about this?
I am not a professional economist, but I read books that say we have to work at top down. That is, generate money at the banking levels and markets to the people in loans. That money is reinvested into other money into loans that people use to borrow and buy things. That is our our great country works.
We have to get rid of the so called free trade agreements or regulate them to make a even playing field between us and Red China for example. There is not such at the moment. The country of China can flood us with goods but we can’t sell cars there. What is wrong with this picture?
Finally, get back into the slogan of BUY AMERICAN AGAIN! Start by reinventing Iron, factories, and put people back to work. Perhaps by tax breaks for big business to hire Americans and to build plants here such as Electro Motives and the General Electric Company back from Europe?
As mentioned before, there is much expected from the 44Th president. The economy, Jobs, free trade agreements are just some of the problems he must tackle. In this writer’s opinion, I hope some good comes out of this. Hopefully because Obama can do the job, not because he is Black and the reason the Democratic liberals have him in there.