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Showing posts with the label US debt

The Myth of Obama

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President Obama is once again set to focus on the sagging U.S. economy. This is one of many times since he took office in 2009 Obama has made a so called shift to the economy and nothing has really been done to better the situation. So how can we even believe it will be any different this time? The fact is we can not trust that the folks currently in Washington DC will truly shift to fixing the problems that plague our economy. While this is not only the fault of President Obama and there is plenty of blame on all sides, but in the end in the President is where the buck stops. So much blame is laid at his feet. The issue here is Obama's economic ideas are not all that different from past Presidents even Republican, yet folks in congress act as if he is proposing some radical left wing economic plan.  Why is this? You may ask. That is not an easy answer, but one problem could be Obama's inability to clearly get his message to the m...

Jake's Take: Exploitation of the Disabled Worker

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Say you apply for a job here in America. You go through interview and you even get the job, what would you expect to be paid an hour if you're an hourly wage earner? Would you expect at least minimum wage? If your pay was below that would you complain that the wage was too low? What if you went to complain about your low pay only to learn a little known law allows some employers to pay as little as 22 cents an hour? This is an issue facing many disabled workers around our great nation. It has recently been reported that Goodwill is allowed by federal law to pay disabled workers in some cases only 22 cents an hour. Goodwill is just one of many US charities and employers that are allowed to to this. The Special Minimum Wage Certificate allows some charities and employers to base pay on how a person's disability affects their job performance. This was exposed as being abused by Goodwill and no doubt other employers as well. All they have to do is claim the persons ...

The incredible shrinking deficit!!

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For years now the GOP has been telling everyone how our deficit and debt were at dire levels. With that said one would think when the CBO released a new report revising downward our deficits for the next 10 years, the GOP would have been happy and celebrating the news. This of course is not what happened. The fact of the matter is no one from either party took credit for the large and historic decrease in our yearly deficits. There is an easy explanation for no one taking credit for the new CBO revision. The reason for this is simply the fact that the speed at which our deficit is shrinking will have detrimental effect on our overall economy, thus slowing an already slow recovery. The amount of spending being cut through austerity type programs is causing higher unemployment. As these cuts are cutting jobs for police, firefighters, teachers and even government contractors. Along with other cuts to programs that the poor, elderly and disabled rely on, these cuts only slow recov...