RANGER AGAINST WAR: It's the Economy, Stupid <

Wednesday, April 11, 2007

It's the Economy, Stupid

It's always something! If it's not one thing, it's another!
--Roseanne Roseannadanna, SNL


GHWB (41) kicked Saddam's ass, and Bill Clinton kicked Bush's, with the slogan: It's the Economy, Stupid! Well, it's still the economy, but the American citizenry hired on Sheriff Bush to secure the country, and what did we get? An ass-kickin', nation-buildin' farrago that ignores the requirements of being America's leader.

America needs an attendant president, independent of Iraq and Afghanistan. Those countries should get their own presidents; I for one am tired of my president pretending he's the leader of these crummy little countries who are bleeding America dry.

We used to have a saying, "What's good for GM is good for America." Recent news on the ascendance of the Asian automakers gives the lie to that motto.


"Toyota's U.S. sales jumped 11.7 percent in March compared with a year ago, boosted by record hybrid sales and strong overall car sales." Fellow Japanese automakers Honda and Nissan also posted solid gains. "GM and DaimlerChrysler's sales (fell) about 4 percent each, and Ford post(ed) a 9 percent drop"
[Toyota's Sales Jump, While GM, Ford, Fall.]

What will happen to these autoworkers when the foreign competition totally destroys the Detroit product? This issue is more important to America's survival than the issues being battled in Baghdad.

Adding to the cheery Spring economic picture, we hear "U.S. Jobless Claims are on the Rise'':

''Newly laid-off workers signed up for unemployment benefits at a faster pace last week as companies try to cope with sluggish growth in the economy.

Although the increase left jobless claims at their highest level since the beginning of March, the report suggested that the labor market is holding up fairly well to strains from the troubled housing market and struggles faced by the automotive industry and other manufacturers.''


''In other encouraging news, the number of people continuing to collect unemployment benefits dropped 25,000 to 2.49 million for the work week ended March 24, the most recent period for which this information is available. That was the lowest since late January.''

Imagine 2.49 million people collecting unemployment benefits, then add in the chronically unemployed not eligible for benefits and underemployed, and what do you get? You get 2.5 million+ Americans needing a government and President focused on domestic economic issues, rather than elective phony wars.

On the bright side, one economic problem the U.S. does not suffer is swelling amounts of money in the banking system.

In "China Tightens Credit, Hopes to Avoid Crisis," we read, " Economists expect similar (bank) reserve increases once every quarter this year to compensate for the swelling amount of money in the banking system amid multi-billion dollar export surpluses." It is further worth noting that China recently surpassed that U.S. as the chief trading partner of the E.U.

One can only ask: What would happen to the U.S. economy if China stopped trading with the U.S.? It is obvious to this unsophisticated Ranger that China has us by the short and curlies. And in Baghdad, the beat goes on.

7 Comments:

Anonymous Anonymous said...

God Bless Chinamerica!
Kevin in Granville

Thursday, April 12, 2007 at 8:29:00 AM GMT-5  
Anonymous Anonymous said...

Amen, brother! And when I limp my beat up old 200K+ mile Ford pick-em-up into town to the local family-owned hardware to spend a few dollars on nails and glue to try to do my part keeping those fine folks afloat, what do I have to drive by? The regional WalMart "Super Center" with a packed parking lot of grinnin' people stacking their vehicles full of more and more useless Chinese s**t probably paid for by credit cards charged to the max. Then they probably take it home to some crackerbox spec house which is mortaged to the hilt with some "creative" financing they probably got from some 800 number operator somewhere in India. Once they're home, they can flip on the Dish TV, kick back and continue pursuing the good life. Listen, my Ranger friend, these folks don't think there's a problem othat than that guy's hair looking so weird on "American Idol"! They have a permanent finger on the snooze button and they ain't gonna wake up as best I can see. I think all we can do now is hunker down and wait for the Big Bang that's coming as sure as dawn and dusk come. Way it looks to me anyway.

..anon

Thursday, April 12, 2007 at 9:17:00 AM GMT-5  
Blogger rangeragainstwar said...

anon,

FWIW, my truck also has on-near 200,000 herself, so we're in the same league. You have your finger on the pulse of Americana.

I, too, am concerned about the easy consumer credit, totally endorsed by our government's sane fiscal policy. Statistics hide the amount of consumer debt, ignoring the problem to the benefit of the top 2%.

So, the only question is, will it be fire, or ice?

Thursday, April 12, 2007 at 10:11:00 AM GMT-5  
Blogger rangeragainstwar said...

Kevin,

I find it incredible that America is so allied and tied to a communist nation, yet we concern ourselves with small potatoes like Iraq and Afghanistan, whom we deem devils.

So we support a communist regime b/c it benefits us economically. However, when Cold War, and engagements in Korea and Vietnam were to our benefit, they were the enemy. This is a schizophrenic policy.

Thursday, April 12, 2007 at 10:18:00 AM GMT-5  
Anonymous Publius said...

An outstanding post, Ranger. And then anonymous pitches in very nicely. Hard to add anything to what you two have said.

Remember Pogo? "We have met the enemy and he is us?"

Thursday, April 12, 2007 at 10:27:00 PM GMT-5  
Anonymous Anonymous said...

Do a search for "Ron Paul" on YouTube and Google. See what you think and make up your own mind.

Wednesday, June 6, 2007 at 11:27:00 PM GMT-5  
Blogger rangeragainstwar said...

anon,

Tell us what you think. I haven't had a chance to review the material,

Lisa

Thursday, June 7, 2007 at 12:57:00 PM GMT-5  

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