I can only say the American public has richly received what it has voted for in the last election. How’s that “change you can believe in” working out for you? Can you ask the millions of people on unemployment, food stamps, thousands of unemployed new college graduates, the underemployed, and all the owners of homes in foreclosure, if they feel they got the change they were asking for?
We are on the road to a European socialized democracy.
Having sent many manufacturing jobs overseas, we are left with a huge segment of the population poorly trained to do much else, and little ability or resources to sell their houses and move to where there is any work. They are left with living off the government, or taking low-wage service or retail jobs. Either way, no long-term prosperous hope.
Why are so few new jobs being created? Because the federal government is discouraging big businesses with health care regulatory uncertainty, and being generally anti-business. The truth is, we are in a global economy, and all of these businesses are global, and can choose where they wish to invest and create jobs. Many have moved outside the U.S.— and can you blame them? Even GM over the last five years has invested more in China than in the U.S.