Unemployment Figures and 2009 Hiring Freeze
Unemployment figures keep rising and everyone is wondering what the Democrats are going to do about it. Even though the Democrats who caused the housing crisis via the CRA are mostly at fault. It gets worse--the Democrats are not only the cause of the problem and have successfully but falsely blamed it on the Republican president--they are not really fixing the problem.
In fact, instead of fixing the problem, many Democrats have put hundreds of pork barrel projects that have nothing to do with helping the economy except the constituents that keep them in office. The spending package (rather than stimulus) may delay our recovery from the recession, even President Obama has raised his concern over the crazy spending in the package.
Now the unemployment rate is rising, layoffs and firings are more common, but worse companies have almost frozen hiring new employees. Although FDR's New Deal never fixed the economy during the Great Depression, he knew that he had to restore confidence and do away with fear that seems to be running the market right now as in the 1930s. Instead the Democrats are just constantly creating more fear.
Hot Air reports what CNN's Chris Isidore quotes from Robert Brusca:
Why has this recession generated such bad job opening rates? Isidore quotes Robert Brusca of FAO Economics as saying that “fear is running the show right now,” and small wonder. Instead of trying to calm the nation, Barack Obama, Harry Reid, and Nancy Pelosi have transformed themselves into Chicken Littles, abandoning FDR’s “All we have to fear is fear itself” in favor of “We’re all going to DIE!” Why? Their stimulus package keeps losing support, and only fear can propel it to passage, but that same hysteria has employers locking their doors, which creates a self-fulfilling prophecy of economic doom.
"We're all going to die!" aaaaaaah!
It's like they've never taken a history lesson about FDR's famous speech.
Well what exactly do you expect from the liberal democrats in capitol hill, they only get elected because of their fear mongering--they've forgotten how to be leaders.
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