Unemployment

Unemployment hit over 10% last month. It hasn't been this high since 1983.

Reagan was president in 1982. Except for his messages of hope and strength, those days would have been even darker. Interest rates were over 10% as well.

There are 2 things our administration needs to do to get us out of this mess, two things Reagan did.

He lowered taxes across the board. Lowered taxes incentivize businesses of all sizes.

He did not clamp down on interest rates. These days the Fed is keeping the rates at zero. That doesn't seem to be helping much. I realize the fear is run away inflation but that's bound to happen anyway with the devaluation of our dollar.

We need to be more concerned for our dollar. We can not continue to print and spend. Our dollar is nearly on par with Canada's. It's falling around the world.

When will our government wake up? Or will they? They seem hell bent on passing another boondoggle of a spending bill.

God help us.

til later