Economy

Politicians Create Our Economic Woes

Initially, we all assume that it was economy that was the cause of our economic woes. However, based on the ongoing bickering that is continuing in congress, it’s very clear that our legislators and lawmakers lack the competency and the skills to run our nation effectively. As a result, the culprit to our financial crisis is not the economy, but our politicians. Unfortunately, the U.S. economy has taken a nose-dive, and there are signs and factor that suggest that things will only get even worse.

Americans blame both the Democrats and the Republicans

According to recent polls, most Americans blame both the Democrats and the Republicans for our economic woes, along with holding Obama accountable for the downturn. However, President Obama fared better than GOP (Republican Party) by raking in roughly 52% disapproval rating while the the Republicans received 65% disapproval rating. In addition, only a quarter of the nation’s voters approve of the way Barak Obama is handling his job as a president.

Dramatic economic news headlines

Lately, due to dramatic economic news headlines, number of American are depressed about the direction of our nation and the severe decline of our economy. At the beginning, most American assumed that the U.S. economy would bounce back after a recession; however, many people are losing hope due to a double-dip recession, along with losing patience with their lawmakers. Right now, people are desperate and over the edge since they don’t see signs of early economic recovery. Consequently, many Americans blame congress for our economic woes since our legislators seem ill-equipped to solve our fiscal problems.

Leave a Reply