During the last few years we've heard the word recession used in describing the country's economic condition.
I don't consider the word recession by itself adequate in describing the overall condition of our economy. Even in a healthy economy recession will occasionally occur, but will usually heal itself.
However, with an economy that has not showed a balanced budget in four years and in that same time period run up a debt of $5 trillion and this overshadowed by a national debt of over $16 trillion, I frankly don't see how we can refer to this situation as a recession. To believe this is to completely ignore the obvious.
The president is still pushing his idea of raising taxes on those making over $250,000 a year. The man is obsessed with raising taxes and allowing more money to flow into the hands of the government only to be mishandled as has always been the case.
The far more practical way is to cut and reduce all dispensable items thus reducing the size and cost of government. Increasing taxes will only make it more difficult for small business to expand and create the much needed jobs.
We have heard this before, but obviously too many people choose to ignore it.
The big question before us now, will the president put aside his driving ideology and work with the Congress to save this country from economic destruction? The clock is running.