Can We Say That The Economy REALLY Sucks?

Yes, I think that it is safe to say that the economy sucks.
Really sucks.
And there is no getting around the fact that the credit downgrade made by Standard & Poors to the United States is the latest is continuing the economic suckage.
Beofre the downgrade was announced last Friday, the unemployment numbers came out and the United States created a rip-roaring 117,000 jobs. And it did help bring the official unemployment rate down to 9.1%.
Most reasonable economists believe that a sustained economic growth cycle has to create over 250,000 jobs a month and, of course, unemployment must decrease. Even in the strong economy from 2003-2007, the numbers of job growth averaged 176,000 a month.
Because unemployment is really high during this recession, it is the focus of many.
Bringing umemployment down will create consumers and taxpayers. People getting unemployment insurance are less likely to spend money beyond the nessecities. And it is not taxable. And let us not forget that many Americans have given up looking for work. The numbers are worse than the government gives us. At least 5,000,000 Americans fit this category.
And because of that, the prolifigate spending at the federal level that has drastically increased the deficit and debt seems to not be getting the coverage that it deserves.
But, when a credit rating agency downgrades the United States from AAA to AA+, it is begining to get through to many Americans.
That the spending and no end in sight is a contributing factor in why the economy sucks.
So, what is the actual numbers we are talking about and why is this important?
Well, here is the so-called Debt Clock.
If one can look at this without their head exploding, the federal deficit is about $1,406,999,000,000. Yes, that is trillion. One trilion, four hundred-six, nine hundred-ninety-nine trillion dollars.
No, it has never, ever been that high. Evah. In this history of the United States.
Now, the Democrats, led by the Dear Leader, President Obama, blames former President George W. Bush.
OK, I do actually believe that is a little something to that. But lets take a look at the numbers since the Dear Leader, President Obama.
According to this, when the Dear Leader, President Obama, took office, the federal deficit was a way too high $438,000,000,000. Today, again, that number is nearly $1,407,000,000,000. And that is an increase of $969,000,000,000.
Stunning. Absolfinglutely stunning.
How can these people keep blaming W. when nearly $1,000,000,000,000 of the increase is on the Dear Leader, President Obama's watch? And two years of Democrat control of congress with the Dear Leader, President Obama?
And what about that debt?
With a little help from Jim Geraghty over at The Campaign Spot, we will see the drastic increase of debt has been a contributin factor in the current economic suckage.
When the Dear Leader, President Obama, took office, the total federal debt was $10,626,877,048,913.08. Yeah, that is a lot of money. And yes, W. did add to that. But since innaguration day 2009 to August 7, 2011 the total debt stands at $14,564,970,167,709.38. The increase in the time that the Dear Leader, President Obama took office until August 7 is a staggering $3,567,000,000,000.
And yet Team Obama blames, well everyone and everything else but the failure of their economic policies.
All the Dear Leader, President Obama, can seem to muster in response to this economic apocolypse is the need to raise taxes. Oh, and to blame Tea Party Republicans.
Let me try really hard to explain to Team Obama, the left and Democrats.
The government can not and will not spend it's way to prosperity.
What will be needed will be extremely painful and most if not all Americans will have to feel it one way or another.
We will have to learn that the so-called federal government safety net is not the end all be all. We will have to reform medicare, social security and repeal Obamacare. We will have to learn that extending unemployement insurance benefits indefinately is not the way to prosperity. We have to completely overall the way the federal government collects taxes. We have to adopt a flat income tax and or a consumption tax. We have to make it constitutional to balance the budget. We have to create an atmosphere in which the private sector is the engine for both economic growth and the increasing in employment oppertunities.
In other words, we need an absolute change in direction.
And we will have to endure this at the very least until November, 2012.
And then maybe, just maybe the economy will not suck any longer.