The federal government and the media have seemingly taken the stance that the economy is finally making a turn around. Unfortunately, this is the scheme of President Obama, and these people have fallen for his bait. These “one-time” jobs make the economy look good, but in reality…it’s NOT. The new jobs are simply wasteful and once again, funded by taxes. The 15% to 20% taxes taken out of every paycheck for the federal government help fund these jobs, not careers. People are employed to make a new road, or install toilets, but once the road is redone and the toilet installed, these road crews and plumbers are out on the street begging for a job once again…and hopefully you can help employ them with your taxes again.
If you were to keep your money instead of giving it to wasteful bureaucrats in D.C., maybe we would have never found ourselves in this situation in the first place. Liberal theories instead of sound judgement and facts have turned into a disaster. It is clearly an inefficient process to hire and fire people to do tasks that make the president look good. Any president can “create job”, but the trick is maintaining them.
As to Tim Geithner, he has had the same problem with selling his home as many other Americans have. The fear of the market drives certain people to place their house on the market, after a couple weeks or a month or two, no one buys; this results in lowering the asking price and many have had any success. Geithner was hit so hard with this reality that he is now renting his $1.6 million home for $7,500 because he cannot afford to live there anymore.
Let’s think long run friends. In the long run, we are not all dead. That was just Keynes making up obserd theories.
