9/2/11

National Black Unemployment rate at 16.7%-Obama's Tax Cuts for the Rich to Blame

America's black population is suffering through very high unemployment through the Obama years. The remedy was in the President's grasp in December 2010 when he could have let the Bush era tax cuts expire and balance the federal budget automatically within two years. Then he could have negotiated with Republicans to cut a trillion dollars of federal spending and reallocate it to pay off a trillion dollars of federal debt each year eliminating it entirely in 15 years. With good fiscal policy investors would have returned to hiring.

Instead the prospects for American economic degradation seems to paint a bleak picture. Rick Perry of the Republican party grew up on a cotton farm in Texas and would have no problem find a regressive way to employ people in the cotton patch pickin at a reduced minimum or no minimum wage while cutting taxes on the rich to stimulate employment in China.

Even in Alaska prospects are tight. The economic insiders have the state byshort hairs of small mammals. The state economy is structured to allow total control by extraction industry globalists with a preferred, privelaged in-state population of bureaucratic servo-units. Any sort of non-controlled liberty is somewhat eradicated even in Anchorage where putting up a tent in the city's forests is now illegal, and the concentration and labeling of the poor and homeless with the mark of the globalist beast is requisite.

http://money.cnn.com/2011/09/02/news/economy/black_unemployment_rate/

I have wondered why Mayor Sullivan doesn't put up the overflow of the poor in the city's Sullivan Sports Arena instead of leveraging city churches to shelter the homeless and innoccent campers that failed to find a job and afford a plane ticket south berfore the harsh winter cold blankets the city the next several months. The logic of the advantaged insiders is to prevent free enterprise competition and any sort of change to the status quo ante. President Obama failed to comprehend that point about the real world last December and was a cheerleader throwing in the towell for tax cust for the rich. Rick Perry and the oil mob of Texas smell the blood in the waters. Mitt ROmney may be the only possible relief for American blacks and unemployed Alaskans for short term, no-strings-attached earnings relief.

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