Originally Posted by
teedub31
We have high unemployement because of a jobs bubble. We created jobs based on a debt laydened consumer that was not buying things with real money (if FRNs are considered real, visit
www.goldismoney.info for an awakening), but fake credit. Thus we created fake jobs. Once the fake money was gone, the fake jobs had to leave. Government can't create jobs. Business owners can't create jobs. Only the consumer can. If the consumer will not or cannot spend $$$ then there is no cash flow for a business owner to indirectly "create a job". Taxing the business owner is not the problem. The problem lies in the unadulterated taxing of the consumer at a rate of almost 50-60% of their income when you figure in all the taxes he or she has to pay. What would you be able to do if you had another $20 to $30 thousand dollars in your pocket each and every year??
Thanks for touching on the FRNs/gold issue...that contributes greatly to our economic..."situation", though gold can still be easily manipulated, and is. And you're absolutely right about the fake jobs thing. I had a fake job. Now I don't!!
We're headed for a real crap storm, and I'm glad I'm somewhat ready for it (at least more prepared than the average person).