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Tuesday, August 31, 2010

Doom, Gloom and Politics

Listening to talk radio, watching cable news and reading polls of late, you get the feeling of malaise that makes you want to stick your head in the oven. Bad news makes us feel bad, but it also sells. Republicans are seizing upon bad news or making up bad news to anger a restless population prone to swing faster than a nuclear powered pendulum. The strategy of saying NO and feeding anger seems to be working if you believe what you are hearing. Today, the Case Schiller real estate report said that housing prices rose in June. The Intuit small business report reported that since November 09, 329,000 small business jobs were created. According to Bloomberg news, the August consumer confidence report showed an improvement in sentiment in opposition to what the pundits were expecting. The economy continues an anemic pace of growth, but growth it is. The TARP money is being paid back to taxpayers, the domestic automobile industry is no longer teetering on the brink of bankruptcy and the banking sector is once again alive and well although stingy with its loans. Lastly, the collective corporate earnings report of the last quarter, shows the highest rate of earnings since 1988. If you report the FACTS like I just did, and then listen, you may not put your head in the oven after all. The doom and gloom of politics, is just that, politics. Americans need to separate from the rhetoric, the hate, the partisanship and mean spiritedness and realize that America is slowly recovering, has looked depression in the face and said no. The American engine is slowly moving ahead after two years of being totally stalled and impotent. POTUS is loudly calling for more small business help, recommending extending tax cuts for the middle class, appropriately condemning Republican obstructionism and bringing troops home. Now onto jobs. So, fellow citizens, as bad as things seem, they are getting better. Don't listen to the McConnell/Boehner clan. They just want you to forget that they created this mess. Where are you Americans for reason and truth?

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