We now have a “real” unemployment rate of about 17 percent. No one has proposed real ways to reduce this. Some now say this will be the new typical unemployment rate. We have soaring oil and gasoline prices, even though there is a glut of oil and refineries are even being shut down due to low demand. The target price of oil has been set at $85 per barrel and target price of gasoline at $3.50 per gallon.
Health care costs are soaring and no one has proposed ways to contain or reduce the “real” reasons for the increases. Billions of dollars were given to banks and investment companies, but much of this money was used to buy other banks, invest in the stock market or just to help their bottom line. Record amounts of money is being spent by lobbyists for the health care industry, oil industry, banking industry and most other major industries. This means record political contributions for our members of Congress and their parties.
I just don’t understand how this country can be in such a mess, when we have the best president and Congress money can buy. Remember this in November 2010.
Denny Beltz
Anderson
