Submitted by Austin
In the U.S today:
The Republican Party continues to live in there owe “bubble” detached from the many daily realities and struggles of everyday Americans. They are covertly using the fear of a blackbrownasian planet to get poor middle class republicans to fight for rich republicans, against their own middle class self interest which is very interesting in itself.
The Republican Party in the U.S remains focused on resisting President Obama at each step of the way whether it helps struggling American families or not. They are also very focused on distorting the FACTS and TRUTH about President’s Obama accomplishments. The attacks on President Obama started from day one as he attempted to pull the U.S economy back from the brink of economic ruin due to the poor financial and regulatory oversight of Wall Street a problem created by his predecessor President Bush, not to mention the (2) wars Bush got the U.S into.
Despite of the FACTS and the TRUTH of Obama’s accomplishments, we get to hear the republican talking heads in the media continue to spread pure extra strength propaganda about Obama, and it gets worst every day. Obama while not perfect in many areas “HAS” accomplished much for the U.S, let’s just list a few of his Economic”accomplishments in the U.S. (visit http://obamaachievements.org/list to see full list )
BROAD POLICY:
- The American Recovery and Reinvestment Act of 2009 (ARRA): a $789 billion economic stimulus plan. ref
-
US auto industry rescue plan
-
Start-Up activity now higher than it was during the dotcom boom
-
Created task force to fight deficit
-
Worker, Homeownership, and Business Assistance Act of 2009
-
Temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958
FUNDING:
-
Increased minority access to capital
-
$26 billion aid to states package (Aug 2010)
TARGETED ACTIONS:
-
Raised the small business investment limit to $250,000 through the end of 2009
-
Created an Advanced Manufacturing Fund to invest in peer-reviewed manufacturing processes
-
Improper Payments Elimination and Recovery Act – establishes a Federal “Do Not Pay” list
-
Extended and indexed the 2007 Alternative Minimum Tax patch
-
Adopted Economic Substance tax doctrine
-
Extended unemployment insurance benefits and temporarily suspend taxes on these benefits
-
Economy grew 5.9% in 4th quarter
-
U.S. Economy: Manufacturing grew by most since 2004.
-
U.S. GDP up 3.2% in first quarter.
-
Consumer spending showed biggest rise in 3 years.
-
Orders for most durable goods rose
-
Wholesale inventories and sales rose in March
-
$26 billion state aid bill triggered a surge of private municipal investment.
Likewise in Barbados today:
The DLP continues to live in there owe unique Caribbean centric “bubble” detached from the realities facing many bajan families on a daily basis. The DLP came into power with the motto of “we are building a society not just an economic” which when dissected is pure “sweet talk” and “rubbish”. First, to build a society takes money hence our ballooning national debt under the DLP …… in the current DLP provided budget estimates 2012-2013 Barbados revenue was reported as $2,656,139,783 and expenditure as $3,645,859,147 creating an estimated excess of total expenditures over current revenue of $989,719,364.
“HOW DA RAM GOAT CAN THE DLP KEEP SWEET TALKING BAJANS ABOUT BUILDING A SOCIETY”
To be fair the death of former PM David Thompson was a significant blow to the DLP that they CANNOT recover from with the current DLP cabinet, from the PM down, subsequently it has created a leadership “CRISIS” and “VOID” in Barbados at the highest levels that has yet to be resolved.
The current PM just started talking to Bajans a few months after being criticized publicly for being so disengaged from national discussions, now Bajans are wishing he had stayed disengaged as he has “absolutely nothing TANGIBLE to say, on the core issues facing Bajan families. What we are still getting from the DLP for 4 years now is the “LETS WAIT AND SEE” approach to our future which is a totally unsatisfactory way to lead a nation.
The current DLP leadership crisis has created a situation where the “school children” (his DLP cabinet) are running around the school yard keeping much noise while the headmaster (PM) is sitting under the bread fruit tree reading “PLATO”.
Interestingly the Republican Party in the U.S and the current DLP “share” their love for the “BUBBLE” detached from the reality of so much.
BU DLP supporters tell me and be specific:
-
Where are the IDEAS coming from the DLP on revenue growth as we are as a nation $989,719,364 in “DEBT”?
-
If the recent “Mooding Report” tell us that Barbados will be downgraded if the recent increase in debt levels is not reversed in the near-to-medium term, so why would the DLP be increasing nation DEBT?
-
Why are we placing more tax burdens on poor and middle class bajan families?
-
Why are we spending millions in failed tourism ideas and concepts for example we opened a new tourist route to Brazil one of the poorest countries in the world, huh?
-
Name the DLP 2008 manifesto promises keep?
-
Why is there poor participation in the DLP established constituency councils?
-
Why is the DLP not focused on both the revenue and spending sides of our fiscal challenges?
-
Where and what is the national economic fiscal strategy?
In closing this submission short and sweet:
It is my hope that the FACTS and TRUTH will set both the Republic Party in the U.S and the DLP in Barbados FREE in their next respective elections.
“busting BOTH bubbles”
With that said, President Obama will WIN a second term, and the BLP will WIN the next general election in Barbados. If Obama is not re-elected the U.S will be set back 50 years or more by a President Romney. Likewise if the DLP wins another term Barbados will surely WIN the race the a economic bottom and be unrecognizable to you reading this blog submission.
The blogmaster invites you to join the discussion.