Jobs Bill VS new Deal Pt 3

As I searched historical information on the Great Depression, I found many parallels with the situation that President Obama walked into and what President Roosevelt had to deal with.  I shares with you factual details of all the programs that were from the New Deal...

President Obama walked into a presidency with a large deficit, 2 wars, Medicare D program not paid for, millions of people were losing their jobs, companies going bankrupt, financial companies failing, automobile companies drowning in debt, foreclosures of homes and too big to fail banks were failing and on top of that tax payers money bailed the banks out without many stipulations under Bush.  President Obama walked into a mess with optimism that he could bring a change for America.  The stimulus he and the democrats passed brought private sector jobs, stopped people from losing their jobs; such as people like me.  Many jobs were saved through this stimulus.  The stimulus was even good for republican’s states that were in need of the funds for different needs within their states.  There presently is a republican candidate running for president that used the stimulus to balance his state budge.  What was so very hilarious was not one Republican voted for the stimulus; however there were many whom took advantage of the stimulus for their by posing with the people of their district or a posing for ribbon cutting ceremonies .

The Republicans of the 20’s and 30’s gave President Roosevelt an opportunity to try and fix the American economy and as President’s Obama stimulus failed in many sectors, so did Roosevelt; however we still presently use some of the those programs from the big deal.  The GDP was beginning to grow, but the Republicans’ said lets budget our deficits and the economy slowly went into a recession.  What brought America back was the war.  People were working and things were being developed, manufactured and the people pulled together and came forth from those dark days in America’s history.

What we are seeing is a parallel of history and the question one must ask will we learn from the past or will we ignore the history that took place before many of us were ever born?

I will conclude with this particular blog on segment four of the Jobs Bill and why I feel we need to act.