Tuesday, May 10, 2011

$4 Gas,Falling House Values and High Unemployment

The Democrats did it their way and this is what we get. We have bailed out the housing market and yet house values are still dropping at an alarming rate. Obama said that he and the Democratic Party would make the housing market better. Now we are out billions of dollars and our house values keep dropping. Conservatives, Tea Partiers and Republicans said the bailout wouldn't work. We said it would just delay the inevitable. It looks like we were right again. The problem is the Obama and Democratic Party way has added dramatically to our deficit.

When Obama put a moratorium on our offshore domestic oil production, we said gas would start to go up. We knew this would happen because the opposite happened when Bush opened up our domestic oil production. With gas at $4 a gallon, it makes me wonder what Obama and the Democratic Party plan on doing about it. It sounds to me like their cure for high gas prices is for you to buy a hybrid car or bike. Is this a common sense fix for our needs? Can people just go out and buy a new car? Where are we going to get the electricity from to power all those cars?

The Obama administration and the Democratic Party have put our country in more debt then all the administrations before them combined. They took money we didn't have to pick winners and losers to fix the economy. Trillions of dollars in debt and we are still at an astounding 9% unemployment with a real unemployment that is unimaginable. We said that the fixes for the economy that the Democratic Party put into action wouldn't work. We said it would just make things worse, not better. Even though the Democrats and Obama have printed and borrowed money like there is no tomorrow, it's done next to nothing to fix the economy. In fact it's done just the opposite. It has made commodities like food, clothing and gas inflate due to the weak value of the dollar. So not only did the actions of the Obama administration not fix any of the problems in the economy, they have indebted us and our children with crushing unsustainable debt and inflation.

Thanks to Obama and the Democratic Party we are still in one of the longest recessions in our history. They have ruined our present and future economies. The poor are getting poorer. The middle class is getting poorer. The next few generations are poor before they get old enough to vote thanks to the Democratic Party and Obama. If this isn't enough to end the Obama admin. and the Democratic Party I don't know what will. As long as things keep getting worse or staying the same I can't imagine the Democratic Party and Obama winning a debate, let alone keeping their seats.