On June 3, 2012, Robert Sobel writes in the Orlando Liberal Examiner:
“Over the last three and half years that President Obama has been in office, the economy has been on a roller coaster ride. At times, the economy has shown signs of hope with a light shinning at the end of the tunnel, but each time that light shines, it seems to always dim to darkness.
“This past Friday, the May jobs report was released and it was met with utter disappointment. Following the disappointing report, the Dow Jones Industrial Average dropped over 200 points, erasing all the gains that it had made for the current year. While the jobs report performed below expectations set by leading economists, it was still an improvement on what the economy was seeing just two years ago. With economic uncertainty in Europe and a questionable economy at home, traders on Wall Street are reluctant to consistently invest in the market. Considering the jobs report showed a net gain of 69,000 jobs, one could only wonder how bad the market would have reacted if the report showed the economy losing jobs instead of gaining them.”
While we need to put America back on a path to prosperity, opportunity, and economic justice through policy- and program-directed leadership to broaden private, individual ownership of future productive capital assets embodied in our business corporations and companies in the form of productive land, structures, machines, superautomation, robotics, digital computerized operations, etc., in the intermin we was sustain paying out of general revenues for all promises for Social Security, Medicare, Medicare, government pensions, health, education, rent and subsistence vouchers for the poor until their new jobs and ownership accumulations provide new incomes to substitute for the taxpayer dollars to fill these needs.
