According to the Department of Commerce on Friday, the GDP grew by 2% in the April-June quarter.
I mention this hoping voters take the time to think about what that statistic indicates. Because while the nation contends with an extremely harmful administration, bent on curtailing business success, focused on penalizing achievement and a continual piling on of crippling regulation and governmental interference, the economy grew nonetheless.
So, what that says to me is, as bad as the situation is at the moment, with unyielding unemployment, uncertainty regarding taxes, anti-business policy making, dependency on foreign oil, decreasing world status and rapidly increasing costs for health care, just to name a few self-caused impediments, if the economy still grew at all despite these roadblocks… imagine what would happen if it were all to reverse. I think it's highly likely the GDP results would quickly go right through the roof.
And that’s why the coming election may well be one of the most important to ever take place, whereas the nation’s future course now lies squarely on individual voters and no one else. So, if unemployed folks truly want jobs, others seek higher wages, and lower costs of fuel, food and wherewithal with rising living standards, now’s their chance to really help themselves.
However, if they choose the status quo for the next four years, still believing that things will improve, they’re not only sealing their own fate, they’re going to take the rest of us right down the proverbial chute with them as well.
That’s it for today folks.