Friday, November 06, 2009

Unemployment Soars Hitting Families Hard

The latest national unemployment report is awful.

See the story here.

If your family where unemployment is ripping through you, there is not much immediate hope.

Our political leaders here in Colorado (Gov Ritter and crew) and in Washington, DC have acted obtusely in managing our economy, keeping taxes low and creating jobs.

In the long-run, government spending never spurs an economic recovery. The engine of our economy fires away when small businesses have the ability to create sustainable jobs.

The fact remains that sustainable job creation occurs when job creators have excess capital, low taxes and a profit incentive to produce. To our detriment, many Americas are clueless about the workings of our historic market economy.

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