Don't blame that on the President unless you give him the budget to hire them. Corporate America is to blame for the hiring situation, not because of taxes or sales, but because of corporate greed paying CEOs billions of dollars. All the money that should go to hiring is going to them. But meanwhile, conservatives want to shrink the size of government. Most of the job losses are in federal and state jobs, not the for-profit world. This President has been campaigning to use the unemployed to help rebuild our infrastructure, but Congress won't give him the money. Sure the government is running a deficit, because corporations are still refusing to pay their fair share of taxes. On the one hand, they're not hiring, and on the other, they're not paying taxes. That's where the problem is.
The fact is that the economy is in MUCH better shape. Anybody who follows the stock market or corporate profits can tell you that business is MUCH better now than in 2008. A lot of the people who were hurt in the mortgage crisis have been taken care of. Millions of people have refinanced their homes because of historic low interest rates. Fannie Mae and Freddie Mae have recovered from near-bankruptcy 6 years ago. The insurance companies, brokerage companies, banks, automobile, and other industries that were on the brink of bankruptcy 6 years ago are healthy and posting record profits.
There is a lot more to the picture than your narrow view. This is why we need someone in radio to provide listeners with the rest of the story, as Paul Harvey once did.
Sorry Charlie, no cigar on that one. As far as a "budget to hire them" this President has added over $1 TRILLION to the national debt PER YEAR that he has been in office, and the economy is NOT is better shape by any measure. The percentage of the population that is employed is at a 35 year low. The stock market is being propped up by artificially low interest rates and printing presses printing money that is backed by nothing as fast they can. A record number of Americans are on public assistance and the requirements to even look for work have been eliminated - by Obama personally. Yep - it is all the fault of those greedy corporations - that's the ticket. You do know what we are "buying back" our bond debt with right? Freshly printed currency backed by nothing except the "good faith" of a government $17 trillion in debt.
As far as shrinking the government, I would ask that you cite one thing the government can do more efficiently than the private sector even with executives making millions. Everything the government has tried is going bankrupt - USPS, Medicare, Freddie Mac/Fannie Mae, Social Security, etc. All of this is due to no competition - look at the VA hospital fiasco. When you are the only option you can do whatever you want. The USPS is going bankrupt, yet UPS and Fedex are enjoying record profits, despite them providing the same service. Yet somehow you think we should grow the government despite record debt and epic failures like Obamacare and the VA. I respectfully disagree.
As far as everything being "recovered" now you leave out many negatives as well. For every homeowner who refinanced, at least one or more lost their home to foreclosure. Home prices are at 25 year lows and the construction industry may never be the same again. And how were those hurt by the mortgage crisis "taken care of"? By the taxpayers that's who - translation: more national debt. For every bank, insurance company, automaker, and other industries who are now doing well there is one or more who are gone, so all is not rosy as you claim.
The claim that the corporations are "not paying taxes" is the best one though. The US has the highest corporate tax rate in the world, but somehow they still aren't paying enough. There is ample evidence that raising taxes past a certain point is a growth killer. You want them to invest in new employees while at the same time you want to tax them even more - why invest if there is no upside? The money will do you more good in the bank as a reserve for the next financial meltdown, as opposed to subjecting yourself to the extra risk of new employees and technology with little or no upside. And what are the higher taxes you want going to be used for? Helping grow the economy? Nope - just more handouts and entitlements designed to keep the Democrats in office. If you are receiving a government check every month and you know the those racist Republicans are going to try to balance the budget and may cut your free money train, who are you going to vote for? We are approaching the tipping point on the handouts - look where Greece is today and you will see where it will lead us if it is not curtailed and soon.
The $17 trillion debt is the largest issue facing this country. If we balanced the budget tomorrow and paid $10,000,000 a day toward the debt it would take 5,000 YEARS to pay it off, despite it only taking 40 years to get this deep. Yet it is all the fault of those greedy corporations. Nice try, but I am not buying it.
