Some Republicans will bombard us with the Reagan years as proof of their superiority but lets face it Reagan's recession was much less serious and yet it still took more than two years to get to the average number of unemployed of 1981 which was 100.4 million vs 100.8 million in 1983.
President Obama had averages of 139.9M in 2009. President Obama has spent his whole presidency trying to repair the desvestation Bush's presidency caused to America in the face of critism from the Conservatives saying we should to go back to Bush's policies that created our economic problems because much of that deficit comes from the loss of tax revenue due to the Conservative sponsered recession.
So what is the Republican plan for recovery it involves taxing the poor not the rich, first the plan is to take away social programs and welfare as well as free medical care and abortions even in cases of rape and incest. That way we can increase the number of poor people. Then we can levy taxes on these poor people to the tune of 700 billion over a ten year period. Since 75% of the poor are single mother led households and 60% of them are non Hispanic white families this would send a clear message that the need to stop being lazy and work instead of expecting society to take care of them.
FUN FACTS: According to the 2010 U.S. Census, 75% of all poor in America are female head of household homes,About half of those living in poverty are non-Hispanic white (19.6 million in 2010), Non-Hispanic white children comprised 57% of all poor rural children. The Republican attack is against mainly poor white women and their families, talk about selfish they're destroying the people they pretend they are looking out for by misrepresenting the concept of relative poverty. A poor person in Bangladesh lives a much different life than a poor person in Memphis because we have those safety nets the Republicans want to trash! So their plan is to help America become a third world nation? Come to think of it Republicans seem to be angry that women have the vote. Recently Republican congressman and Senate hopeful Todd Akin destroyed his career by suggesting some rapes should be redefined as legitimate and not so that the government could save a few bucks on abortions.
According to the Republican rhetoric it is better to have a thousand families starve than lose one nuclear bomb. America has the capacity to destroy the world 11 times over but that's not enough firepower for some people. Republicans don't want to tax big businesses which they call job makers but the facts say differently.According to a September 2010 report from the Small Business Administration, total regulatory costs amount to $1.75 trillion annually—enough money for businesses to provide 17.5 million private sector jobs with an average salary of $100,000.But big businesses don't create those jobs instead they outsource to foreign companies where they can pay below minimum wage. Under Clinton these practices were taxed and that is what big businesses fear Obama will do if he gets a second term forcing them to be loyal to their country's interest as much as their golden parachutes will allow. As of 2008, it is small businesses—which have created 64 percent of all new jobs in the past 15 years—face an annual regulatory cost of $10,585 per employee, which is 36 percent higher than the regulatory cost facing large firms. Even in business it is the small company that supports the economy so what exactly does big business do to contribute? Mitt Romney's Bain Capital buys up those small businesses and instead of helping them grow stronger fires the employees and sells off the business piece by piece for huge profits. Maybe that's why he "loves to fire people"? Considering he got his corporate start up capitol from ex-patriot El Salvadoran death squad supporters I wonder if he recommends that route for other small businesses?