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About this iReport
  • Approved for CNN

  • Click to view mjy's profile
    Posted July 28, 2011 by
    mjy
    Location
    Hudson, Florida
    Assignment
    Assignment
    This iReport is part of an assignment:
    Will you still invest in stock market?

    More from mjy

    Raise the Debt Ceiling and more

     

    CNN PRODUCER NOTE     mjy thinks that Obama is being 'held hostage,' and that he should stand his ground in the debt-ceiling debate. 'Use your power of the Executive Order to break the impasse, if you can,' he said. 'Not raisng the debt ceiling undermines this country's stability. Equity and balance has to be the driving force in this debate.'
    - jmsaba, CNN iReport producer

    Government jobs balance private sector jobs.  The cuts and lost jobs in Government result in belt tightening in the private sector.  This in turn erodes the consumer base.  We are seeing this happen.  Expansion not contraction offers solutions to the current fiscal problems.  Tax breaks for the wealthy must end.  FICA wage limits must be raised, subsidies and loopholes must be addressed, Govt work programs should be started to get people back to work and becoming consumers.  The Republican party must get control of the Tea Party - there aren't that many of them. Recall votes should be started for the extremists, they are undermining the country.  It is already going on in Wisconsin.  Unfortunately, Obama has proved to be a weak President and has not stood ground on ending Bush Tax cuts, ending the war, and not understanding that he will never be able to satisfy the conservatives - they are sworn enemies posed to defeat him at any cost.

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