Vote Democrat vs. Getting a Job

[heisincontrol]

Democrat President-elect Barack Obama & high unemployment rate 6.5% Oct. 2008, "Consumers expect the unemployment rate to top 8.5 % by the end of 2009", are they both somewhat related?

[Objectivitees]

Possibly. What connection do you see?

[heisincontrol]

More people laid off each day, one of my friends got a notice that his company will be close for business by the end of this month. He's afraid that will take long time to find a job. Getting a job is not easy nowadays.

Also with all those stimulate packages; I am paying somebody's mortgage! Not happy about this at ALL! '

It's all Democrat's fault!

[Objectivitees]

Do you assign any blame to the lenders who irresponsibly sold loans to unqualified people? What about the people who foolishly signed for loans they could not afford? I'm not sure we can lay all the blame at BHO's feet. However, the deepening depression in the economy may be more his fault, by trying to buy his (our) way out of an economy crippled by bad debt, with borrowed money from the Chinese, who probably feel at this point they have no choice but to participate, as if we go, so probably do they. That's why secretary of state Clinton is visiting there now, not a human rights mission, but a "trade" mission. How much do you think she will get for the fiasco caused by her husbands commerce dept. pressuring Freddie and Fannie to make more loans to more unqualified, 'beyond' high risk, low income people people?

Using debt to prop up debt. Why does The big 'O' think more of the same will have a different result? It has long been considered we don't learn from history, I guess now, we don't even learn from recent history.

[heisincontrol]

If Bill Clinton did not open the door and gave those “unqualified, 'beyond' high risk, low income people” the opportunity, then we won’t get into today’s mess. Don’t you think?

We have to find somebody else to blame even is our fault; I wonder how many used homeowners admitted they made mistakes?

[Objectivitees]

We have to find somebody else to blame even is our fault; I wonder how many used homeowners admitted they made mistakes?

I think you make a good point here, we often do find others to blame when the blame best lies with ourselves. It would be interesting to see how many people applying for "relief" from BHO's govt. would actually admit their part if asked a question that did not lead them to assign blame to the "evil" lenders or someone other than themselves.