Busted: Bankers and The Global Economy

November 9, 2008

American Job Crisis Solution

cash needed, not corporate bailoutsEver since job losses followed by consumer consumption hit the red zone 10 months ago, the American job crisis has worsened. What gets the most attention is still retail sales, the prospect of Big Business and consumer consumption. Every measure of economic growth is measured on that consumption. In that light, there is little hope for quick results beyond drawing unemployment unless you are willing to look for small business opportunities.

Big Business is awash in crisis amid sagging numbers. Instead of focusing on lazy investors with big pocketbooks looking for investments, consider the small businessman rising to the challenge to spark innovation and a stronger economy. Investors should look at investing in themselves for their growth.

Look to spend what hard-earned dollars you have with small business, even on the internet to support the small business that builds your economy and families like yours. Vote your confidence with your wallet. Big Business is or will be sucking down huge volumes dollars in the hopes of bailing out millions of jobs in the next few months, mostly in the auto industry for cars that nobody wants. What will done with all those cars? Hopefully, they will either sell them at fire sale prices for impoverished Americans that need them, but can’t afford them or they will resell them as next year’s model. American automakers can’t afford to be choosy with taxpayer dollars. Big business needs to be giving back in spades for taxpayer bailout money received. Forget the meager interest payments Americans will never see. The American citizens need a real boost, especially among the harder hit elderly and lower to middle income. Americans need solutions, not corporate bailouts for stupid decision-making. ~ E. Manning

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