Obama has no clue what he's doing. In this video, he criticized Bush for "taking out a credit card from the bank of China" and "driving up our national debt." In Bush's 8 years of Presidency, Bush racked up a phenomenal $4 trillion in debt. That was the record.
That was the record. Obama has no racked up $7 trillion in debt in just 4 years. God knows what will happen when he is re-elected - god help us.
Source: http://www.youtube.com/watch?v=DyLmru6no4U
Obama is clueless as hell, as was Bush - but they are anti-American so they can get away with it. Someone who wants to SAVE America has no chance at the Presidency. Here are some ways to help save the American economy
- Tariffs
Tariffs ensure that the home country has the best advantage over outside competitors. Everything is made in China now - even American flags. Tariffs keep the jobs at home. Free trade just allows companies to ship jobs out of the country and use a cheaper labor force to produce goods then sell them here.
- Protectionism
Protectionism is important because America has run five straight record trade deficits and has caused 3 million manufacturing jobs to be lost, with thousands of factories gone. Nations rise on economic nationalism, then they descend on free trade. If you run a trade deficit year after year like America is the nation will eventually go bust and other countries who have had a trade surplus year after year will have bought everything of value in America with their surplus cash at knockdown prices. China now holds over a trillion dollars in U.S. bonds and about 1.5 billion in USD.
- End illegal immigration
The stereotype of an illegal immigrant is someone who works in agriculture. No longer is that stereotype true - illegals now work in blue collar type jobs such as an electrician, a construction worker, a plumber, in the factories America does have, etc. etc. then they dominate the hospitality industry in many U.S. states. In fact, only 3% of illegals work in agriculture! California has a crumbling economy because of this issue. If we put a halt to illegal immigration and enforce laws, our economy will slowly spring back up.
There are other ways as well - raise taxes, cut spending, rebuild our infrastracture, etc. etc. but these 3 are HUGE and require immediate attention!
What do you guys think?
