Here it is Thanksgiving week, and we as Americans have a lot for which to be thankful.
We live in the greatest land in the world. We as a people are extremely generous and resourceful. America offers tremendous opportunity for anyone who believes in themselves and is willing to step out and offer their goods or services for sale.
Unfortunately, we are still in a period of extreme hardship for many. The Northborough Food Pantry is busier than ever and the need for organizations such as Friends of Families in Transition continues to grow.
This is week 200 of Barack Obama's Presidency
43 Companies announced layoffs
22,540 people were laid off
45 Companies went out of business
3 Companies went into bankruptcy
November 2012 (Month to date)
170 Companies announced layoffs
122,795 people were laid off
358 Companies went out of business
44 Companies went into bankruptcy
Stephen Faris
10:42 pm on Friday, November 30, 2012
Hi Mike,
I was shocked that the country voted for an incompetent President. Romney is a better leader. This tells me that sadly, America is entering the dark ages. The people who voted for Obama will be the same ones who complain when the economy tanks.
The Republicans will not cave on the fiscal cliff. They did under Bush I and it came back to haunt them. Lets go over the cliff and see what Obama does. The Republicans really have the upper hand.
Thanks for your good blogs
Steve
Kira Gagarin
12:52 am on Saturday, December 1, 2012
And nothing positive happened this week, right?
Mike Long
8:42 am on Saturday, December 1, 2012
Stephen, I hope you are right about the republican leadership not caving when it comes to out of control spending in Washington. The real problem we have is that Washington is borrowing 40 cents for every dollar they spend. How long could you or I do that in our personal life before declaring bankruptcy? The results of this last election indicate that the majority of people think that Washington has an unlimited supply of magic money and the laws of economics do not apply to the federal government.
Borden Wicks
8:54 am on Saturday, December 1, 2012
It's interesting spending and the deficit are only an issue to Republicans when a Democrat is in office.
Mike Long
9:15 am on Saturday, December 1, 2012
Economics should be an issue everyone cares about when the federal government is borrowing 40 cents of every dollar they spend. This is not a Donkey vs Elephant issue. This is an economic issue that affects or will affect every single American when it comes to the price of groceries, gas, housing, education and their ability to earn an income.
Borden Wicks
9:28 am on Saturday, December 1, 2012
Mike, I would agree it is not a partisan issue. Both parties have spent wildly in the past 12 years and everyone is going to feel the effects of getting spending under control.
I was simply commenting because you and Stephen sounded a lot like you were blaming Democrats alone of the situation we no find ourselves in.
Romney was a Fraud, that's why he lost. He never could explain how he planned to reduce the deficit, cut spending, decrease taxes for all and substantially increase military spending, all at the same time! Voodoo economics!
Mike Long
2:30 pm on Saturday, December 1, 2012
Borden, I find you comment that Romney is a fraud to either come from either a hyper partisan perspective or ignorance. It is a well documented fact that Romney knows how to take failing institutions that are losing money and turn them around and make them prosper again. He has done it in the private sector, public sector and non profit sector. Romney did a terrible job articulating his vision but any objective research into his professional history shows that Romney is a capable individual with excellent leadership qualities.
At least we can agree that the economic issues are due to the failure of the professional politicians (those in office for more than a 12 years) to keep federal spending below the level of federal receipts. The real chasm in political belief revolve around the role of government in both economic and social issues; those who subscribe to the Keynesian economic model versus those who hold the Austrian economic world view.
Mike Long
8:58 am on Saturday, December 1, 2012
Kira, The purpose of this series is to track the side of the jobs equation that the media has been ignoring. Leading up to the election we were told that the economy was improving and we are on our way to good times. They tells us of all the new jobs created but have been silent on the jobs lost and companies who have gone out of business. As you see the number of layoffs and business closings are significant and should be reported.
Borden Wicks
9:20 am on Sunday, December 2, 2012
Romney is a good businessman, and a good Governor when he was a moderate in a state controlled by Democrats!