As the great recession of 2011 continues unabated, protests against the dire economic conditions continue to occur and are now spreading to other parts of the country. The president continues to press for the passage of his jobs creation bill, but Congress is balking.
Again, there is political infighting in Washington, D.C. The question continues to be who is going to foot the bill for this jobs creation bill? The answer is that it will be inevitably passed along to the American taxpayer, who is already overburdened with many other crushing financial expenses.
The president said at a recent press conference that he understands the frustration of the protesters. Terrific! This country continues to descend into what will become an economic Armageddon — and this will end up becoming a major economic meltdown.
John Amato
Fresh Meadows
