THE US ECONOMY IS NOT COMING BACK...
NOT EVEN OBAMA CAN "MAKE" PRIVATE SECTOR JOBS...THE PRIVATE SECTOR PART OF THE US ECONOMY HAS BEEN LOOTED TO THE BONE...
OBAMA NEEDS TO SOLVE HEALTH CARE FIRST...
SO THE "SMALL BUSINESS" OPTION IS OPEN TO THE JOBLESS...OR NEARLY JOBLESS...
THE UNEMPLOYED AND UNDER-EMPLOYED WILL "START A BUSINESS" EVENTUALLY...PROVIDED, THEY HAVE SOME ASSURANCE THAT THEIR HEALTH CARE WILL BE HANDLED...
AS IT IS IN OTHER LARGE ECONOMIES GLOBALLY...EXCEPT FOR THE "BACKWARD" AND "BUBBLE ORIENTED" US ECONOMY.
PEOPLE WON'T "JUST SIT" ONCE THEY REALIZE THAT THERE ARE NO REAL "JOBS."
THIS HAS BEEN THE EXPERIENCE OF OTHER "THIRD WORLD" ECONOMIES... WHERE THE UNEMPLOYED AND UNDER-EMPLOYED BECOME "STREET VENDORS" AND "FLEA MARKET" SELLERS...TO MAKE A BUCK...
WE ALREADY SEE A BIG RUSH OF THE MARGINALLY EMPLOYED TO EBAY AND AMAZON...TO "SELL STUFF" THAT THEY "FIND."
IF THE JOB PERFORMANCE FOR OBAMA IS MEASURED IN "JOB CREATION"...
HE WILL FAIL MISERABLY IN THE COMING YEARS...
HOWEVER...THE PUBLIC AND THE POLLSTERS MUST ASK:
DO THE REPUBLICANS HAVE A BETTER IDEA...?
BECAUSE OF COURSE IT WAS THE REPUBLICAN GREED AND WALL STREET LOOTING THAT CAUSED THE CURRENT DEPRESSION...AND THEY STILL SEEM UNREPENTANT...AS THE "IDEALESS" PARTY OF "NO."
AND MORE LOOTING ...AND TAX CUTS FOR THE RICH...AND INTERNATIONAL CAPITAL ARE NOT THE ANSWER...
THERE NEEDS TO BE A JOBS PROGRAM LIKE THE CCC CAMPS FOR THE LONG TERM JOBLESS...AND SOME MAJOR WELFARE FOR THOSE WHO CAN NOT WORK...OR FOR WHOM EMPLOYMENT WOULD BE UNECONOMIC...
OBAMA IS GOING TO NEED TO GO WAY WAY OUTSIDE THE BOX...ON AMERICAN'S NOW STRUCTURAL JOBLESSNESS...
BECAUSE IT AIN'T GOING AWAY...AND IT COULD GET MUCH WORSE...
