Does this President knows what he is doing? Under his leadership we've sunken deeper into debt, experiencing some of the highest employment numbers in recent history, face potential nuclear Iran, Chaos in Iraq while we are withdrawing our troops, and facing an up-hill battle with Afghanistan. What is the President's strategy to deal with the declining currency and China's manipulation of the global money system by creating a superficial currency which is largely subsidize?
Well folks, I got to tell you, this President is doing a fantastic job given the tremendous challenges that he is faced with. I think the task of the President is magnified as a result of the immediate challenges that demand his attention all at once. Ok, so let's talk about the country's debt; remember that the President inherited this debt for the most part. We have to admit that under the Obama's administration the country's debt has been increased, but it would not be any different under another president because we are in a recession. Please understand that a large amount of the money was used to bail out the banks, or was used in the banking system to refuel the economy.
In addition, the money that was loan to the banking system is being paid back, and that is certainly good news. Let's discuss the issue of unemployment; is this the Obama's administration doing? certainly not. Workers were already starting to lose jobs just before the Obama's administration took office. Could the Obama's administration halt the lost of jobs? of course not, the dominoes were already falling, so to speak. In other words, the economic decline had no further recourse than to adjust itself, and the adjustment, most naturally, took the form of cost reduction, and employee expense is one of the biggest expenditures for most companies.
Now, the wars. These are the President's biggest challenges; they cost BIG money, and produce nothing of quantitative value, they are perhaps the President's biggest headaches. But, again, the President did not initiate any of these wars; they are simply a part of his presidential legacy. So, what can we say about the President, is he doing a good job? you bet, under the circumstances, yes. To be fear and objective, though; there's plenty room for improvement.
The war in Afghanistan is a wanton waste of precious resources, we need to let that go, we cannot win. How do we win a fight with a people who have no value for life? we can't.
Healthcare, good concern; but not urgent. Hey, the percentage of people who do not have health coverage is less than 4% of the working population, and they have access to emergency care and clinics. Again, the healthcare issue is not urgent. The President needs to focus on giving companies incentives to bring our manufacturing and other jobs back to the heartland of America.
—Wesley Palmer, MBA
http://www.wezpa.com
***
To post a comment:
Click the “Post a Comment” link below the article. Type your comment in the “Leave your comment” box. Type in the security word in the “Word Verification” box. Choose your identity (usually “Anonymous”) and then click “Publish your comment”.
Thanks for posting a comment!
