Barack Obama Needs to Cut Taxes as He Promised

Johnny where have you been? You've got to get out of the office more. America is bankrupt, the Big 3 auto makers are on the verge of collapse and the jobs have been "outsourced".

There's plenty of blame to go around;

1. Everybody, and I mean "everybody", wanted to believe that the Ponzi Scheme of a never ending, appreciating, real estate market. Ever increasing home equity and credit became a substitute for GDP.

2. Politicians (Obama and ACORN among them) greedy for votes and CEO's greedy for cash, fed the flames.

3. Whacky environmental regs and laws and trial lawyers have increased the cost of doing business in the U.S..

4. Illegal immigrants have pulled down wages for all Americans.

Obama will do nothing about these things...He will simply over heat the printing presses and further devalue the currency.

Obamatrons chanting "change" ain't gonna cut it.

R.L. Schaefer of CA 12:03PM November 06, 2008