creators.com web

We Told You So

by David Sirota

Please, forgive me for saying it. I know it's a tad annoying, but it has to be said to America's ruling class in this humble column space. Because if it's not said here you can bet it won't be said anywhere else in the media, and it needs to be said somewhere on behalf of the millions of citizens who were right.

We told you so.

In the slow-motion train wreck that became the current economic meltdown, our bipartisan political Establishment and the sycophantic punditburo have been ...

( Back to Article )

Join the Discussion

1 Comments | Post Comment
Posted by: Virgil Bierschwale
Comment: #1
Fri Dec 12, 2008 5:22 AM

The media tells us that unemployment is about 8 percent Eight percent of 200 million is 16 million. The whisper number that includes the people not counted or those that have given up is about 13 percent Thirteen percent of 200 million is 23 million. I think that unemployment is about 20 percent. Twenty percent of 200 million is 40 million. Now lets put that into dollars and how it affects America and how it Affects our retailers, manufacturers and raw material producers Using an average salary of 50,000 dollars 16 million people out of work would take 800 BILLION out of the economy, of which 240 BILLION would be taken from your town, your county, your state and your countrys budget and 560 BILLION would be taken from our retailers, manufacturers and raw material producers 23 million people out of work would take 1 TRILLION 150 BILLION out of the economy, of which 345 BILLION would be taken from your town, your county, your state and your countries budget and 805 BILLION would be taken from our retailers, manufacturers and raw material producers. 40 million people out of work would take 2 TRILLION out of the economy, of which 600 BILLION would be taken from your town, your county, your state and your countries budget and 1 TRILLION 400 BILLION would be taken from our retailers, manufacturers and raw material producers. Now do you see why GM is having a tough time making ends meet ? And no amount of bailouts are going to solve the problem. It will take jobs. It will take our political and corporate leaders waking up and realizing that their insistence on sending our jobs overseas is destroying the whole world's economy. Why the whole World's economy ? Because American consumers are the biggest spenders in the World and they want things and as long as they have money, they will buy these things. A lot of them are made in other countries. So when the American consumer has to stop buying because they no longer make what they used too, the trickle down effect, affects the whole World. Right now, our experts and our political and corporate leaders are in denial. They say that what is good for them is good for America. We need to work together to get them to see what they are doing to America and the rest of the World. If we can't do that, we need to use our vote and get somebody in there that will put their town, county, state and country first.

Already have an account? Log in.
New Account  
Your Name:
Your E-mail:
Your Password:
Confirm Your Password:
Creators.com comments policy