Here in the islands, not so good, we
lost one of our major employers, electricity costs have gone out the
roof and gasoline just keeps getting more and more expensive every
week. Business's are closing for lack of demand and we have a 15%
unemployment rate that is killing us. Did President Obama cause
this...no...the international oil market caused our problem and
nothing President Obama could have done would have changed our
reality.
Four years ago the sky was falling,
banks were on the brink of shutting down, money
markets were telling us our dollars weren't worth a dollar any more,
financial institutions were under threat of total collapse, the stock
market was in free fall, houses were being foreclosed, real estate
values were tumbling, people were losing their jobs and all of us
rich and poor alike were on edge.
Is the nation better off
than four years ago...HELL YES.
You know that old saying that those
who forget the past are condemned to relive it well i don't want to
and i haven't forgotten where the Bush administration left this
country after eight years in 2008.
Most of the rest of the world thinks we
are better off too. They have their money tied up in our
Treasury bonds and they wouldn't invest here if they didn't think we
were not a good bet. We aren't bleeding jobs the way we were in 09 and
the unemployment rate has been slowly going down. Taxes are lower
than they were four years ago and international polls show the US is
VASTLY more respected than it was during the Bush administration.
But the real question should be is the nation better off than it was three years ago because that's when things really
started to turn around. Today Bin Laden is dead and GM is alive. The
market is higher than its been in four years, real estate values have
stopped going down, jobs are coming back and the bleeding has been stanched.
On another note:
Romney really put his foot in it this
morning and yesterday...phony outrage, no facts, then creating lies
to cover up, his statement about the embassy crisis was incoherent
and inappropriate. Let a real President handle this please we need
grownups running the country not political grand-standers playing
games with a nation of real people.
If you want to know how our president
makes decisions that affect millions of people every day read the latest
article in Vanity Fair by Michael Lewis
http://www.vanityfair.com/politics/2012/10/michael-lewis-profile-barack-obama
And for any Republicans reading this that
live here or have a second home on island and are thinking about
their investments, think long and hard about who will have our backs.
See ya next week.
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