Tuesday, July 28, 2009

The Recession is Over?

Newsweek - 7/25/2009 - http://www.newsweek.com/id/208633/page/1

The authors declare the recession is over but point out the economy actually has a long way to go. I guess I can pretty much agree with most of what they say but still believe the Obama Administration's actions are more toward socialism than I'm comfortable with. I think gov't. stimulus needs to be toward long-term job creation to improve overall fiscal health of our tax-paying majority and thereby build the necessary base for long-term tax income to fund the desired programs. America has to stop accumulating further debt and start paying down the enormous debt we're already burdened with. I firmly believe gov't. has to embrace free market and get out of running American businesses.

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