Post a New Topic
Original post made
on Sep 29, 2010
... and it won't get better as long as the fed and state governments continue to squeeze taxes out of businesses and individuals as they simultaneously overregulate businesses and hand out "candy" prop up the housing and auto markets. Our next opportunity to turn the corner on this economy will to elect a new leadership team in November. Public opinion... and business investments... should increase when there's a perception that somebody finally has their foot on the brake of the ridiculuous gov't spending spree. It will then be up to these new leaders to actually DO SOMETHING to get things going again.
Much of this Bay City News Service report is taken from financial news services analysis in the greater bay area. What is missing is the commentary by CEO's on remedies for the slow recovery. Most recognize that recovery is not a political issue and cannot be resolved by cutting government spending and eliminating meaningful regulation.
Please review the various articles that surround the original information as published in Reuters, NYTimes, and more. This is a problem of lack of economic investment in high-volume, profitable enterprises on the local, state and national level. Governments are protecting our obsolete industries rather than provoking investment in their future markets and technologies.
Neither the Republican's fiscal/financial fix or the Democrats stimulus programs will answer this economic rather than political challenge. Let's ask your readers to add their ideas for economic development and jobs recovery.
As I understand, the current national debt stands at an amount which would take two 50 year generations of working people to pay off. We are way over our head in debt, and now we are attempting to buy our way out of recession by burying ourselves in SIGNIFICANTLY increased national debt. Nothing but smoke and mirrors, and we all know it. Until we face our collective economic problem head on, this country will continue to sink into the deep black abyss.
You do the math!
Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.
Post a comment
Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online.
Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information
We prefer that you use your real name, but you may use any "member" name you wish.
Select your neighborhood or school community: *
- San Ramon
- Walnut Creek
- Alamo Elementary School
- Charlotte Wood Middle School
- Del Amigo Continuation High School
- Diablo Vista Middle School
- Green Valley Elementary School
- Greenbrook Elementary School
- John Baldwin Elementary School
- Los Cerros Middle School
- Montair Elementary School
- Monte Vista High School
- Rancho Romero Elementary School
- San Ramon Valley High School
- Stone Valley Middle School
- Sycamore Valley Elementary School
- Tassajara Hills Elementary School
- Venture Independent Study School
- Vista Grande Elementary School
- another community
Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.
Steve Glazer for State Senate
By Roz Rogoff | 2 comments | 1,521 views
Pleasanton resident will have his hands full trying to keep the Oakland teams
By Tim Hunt | 0 comments | 878 views
Home & Real Estate
Send News Tips
© 2015 DanvilleSanRamon.com
All rights reserved.