up until now our dynamic has been a consumer driven economy in the U.S. while China has built it's economy on exports. As mentioned in the video the savings rate is abnormally high in China while in the U.S. it is abnormally low . The U.S. needs to reclaim manufacturing jobs (hopefully those jobs will be green) and begin to produce exports while China with its huge population needs to spur domestic consumption amongst it's growing middle class. View
November 15, 2009 02:41 AM
Granted, he started with a poor economy. Granted, he started with war that was losing support. Granted, he's only a man. But when we enstate a man to represent the American vision and goals, we should be able to expect more from him. The leader of the world's greatest nation shouldn't be excused as, "he's only a man." Obama needs to be held to a higher standard. As yet, he has proved that we can't trust his promises. Our president should be better than that. We should expect better in his upcoming years. View
November 10, 2009 03:15 PM
Thing is, other parts of the economy apparently need to recover before the job market does, and Obama has warned that job growth will lag behind other economic growth. According to politifact, this has especially been true for the past two recessions: http://www.politifact.com/truth-o-meter/statements/2009/nov/09/barack-obama/obama-says-job-growth-always-lags-behind-economic-/ View
November 9, 2009 09:36 PM
Thank you for your report and links! I was there during that time stationed in West Germany. We used to drive to Berlin every few months or so, shopped in the stores in the East, and really saw the results of the planned economy and dictatorship first hand. The press has found some people who say they had a better life in the East than what they have now. I cannot know what they're lives are like now, but from a health standpoint alone, the environment is better in the East now than it ever was or could have been under Communism. Congratulations to the German People!!! View
dude's kinda been busy, two wars intense opposition pressure, health care, civil division over social issues, a decaying economy, and a million other factors have kept him from pursuing large portions of his campaign platform. Give him some time. View
November 5, 2009 03:06 PM
More bad news for the American public! I don't know how we are going to get to a point where we can afford to make the investment decisions that will refuel the economy. View
October 30, 2009 06:15 PM
I love that you're using another language because it shows how diverse you are as well. I'm just going out on a limb here, but I'm assuming that you might be from Hispanic descent yourself. Perhaps from Brazil or so, but if not, I'm glad you're not as ignorant as I thought you were. You made a list of 10 "privileges" that illegals have, well I made a list in response: 1) yes, illegals and EVERYBODY else can walk into a hospital and get treated because that is the law. However, you forgot to mention the HUGE BILL that comes afterwards and the worries that illegals have to go through to pay that bill (especially when they're probably not working in an economy such as this one). 2)Driving without an insurance is the same penalty for ALL. You will get a ticket and go to court for it. As a matter of fact, illegals are the ones actually SCREWED because they will probably be sent to jail and then deported for not having papers (I'm sure that really excites you). 3)Not all illegals have jobs and not all citizens are without jobs. Life isn't fair, didn't your mom ever tell you that? 4)I love that you think our food is better than American food because it is. However, as you have mentioned, we are majorily poor and therefore don't have much money to buy food. If you call two tacos of carne asada with a Coke can as eating great, then we must eat DELICIOUS. 5)We don't have houses back where we came from, that's why we're here! We want to know what it feels like to actually possess a home. It's not our fault if you've made bad housing decisions and not have enough money to buy a house yourself. 6)Free education for ALL is what America has to offer; once again, the reason we are here. 7) This "fact" was the one that made me laugh the hardest because I don't know ANYONE who pays $50 a month for rent. Can you please tell me where I can find somewhere that cheap because I need to save as much money as I can to send back to my family in Guatemala. 8)Most illegals don't have bank accounts because you need an ID or Drivers' License to open one; sorry but you're wrong again. 9)They can be any American they want to be... that's a very interesting choice of words because it makes no sense to me. Anybody can be who they want to be; you don't have to be illegal. Now, if you're trying to say that Hispanics are accused of Identity Theft then that's another thing. I'm sorry that you don't have enough money to get Identity Theft Protection. If you worked hard enough, you'd be able to protect yourself from criminals like that (Wich by the way, aren't only Hispanics. They are poor and lower class people too) and 10)The only thing that destroys things are attitudes like yours. Hispanics don't destroy cities or communitites. As a matter of fact, we are SO UNITED that we care about our race and our culture. We come together not destroy. Please, RIO2016, don't be envious of our beautiful culture. I can tell you wish you were one of us because you even used a hispanic word in your username (rio means river) :) View
October 30, 2009 12:05 PM
We are here to stay!! how's that? you go Proud_Legal! We illegals, don't have any other choice but to keep being illegals, we desperately need an inmigration reform, it's the Congress' fault that there are still 12 million illegal in this country, we are here, we pay taxes, we contribute to the economy, just give us the green card and problem resolved no more 12 million illegal inmigrants...!! View
I love how Fox is "skeptical." The stimulus helped the economy a little and they HATE it. WHO CARES how much is from what, this is good news. Im not saying we all should embrace this and say its all over, but people should give credit where credit is due. View
October 30, 2009 11:37 AM
First of all, learn how to spell RAZA before you speak badly about it. Who's the one with the low education? That's what I thought. In case you haven't noticed, Hispanics are getting just as good jobs as any other race. We have doctors, lawyers, accountants, ETC. I'm sorry to inform you all that there is no white supremacy anymore; and if you think there is, then NO DOUBT you're racist. The reason this country is not progressing is due to people's racist mentality, not due to immigrants coming into this country (actually, we are helping with the economy with all the business we bring). You know, instead of building a wall around the border, you should build walls around your homes so that racism is trapped once and for all. This country was founded by immigrants; the only people already here were Native Americans and in the Western part of the country (CA, AZ, NM, TX,etc), guess who were here? That's right... Mexicans. Now really thinking about it, they should have built a wall to keep away all of your ancestors. I guess what I'm trying to say is that we will go back to our countries when you go back to yours. View
November 19, 2009
02:35 PM
November 15, 2009
02:41 AM
November 10, 2009
03:15 PM
November 9, 2009
09:36 PM
November 6, 2009
04:10 PM
November 5, 2009
03:06 PM
October 30, 2009
06:15 PM
October 30, 2009
12:05 PM
October 30, 2009
12:01 PM
October 30, 2009
11:37 AM