@mike five, you are correct that the economy has cycles of expansion and recession and recoveries. But the federal policies and actions influence the time and length of each cycle.-A business-friendly president will try to lead Congress into lowering taxes, cutting down on regulations that prevent new start-up businesses, and funding things like solar that never developed into a profitable business without government money. Ethanol is another fed boondoggle. Those type of “businesses” do not pay for themselves as a business should, which is invest money and time and produce a sellable thing or service and be paid a price that covers expenses and profit, without which a business goes bankrupt and cannot continue as the government does, by printing $.-GW Bush tried to be business friendly, which is necessary in order to create jobs and expand and create more jobs. The business pays taxes and the workers pay taxes. -Obama, on the other side of the ledger, is not business-friendly and neither are the Democrats in Congress. They want higher taxes and more regulations where Big Daddy government tries to be the hands-on manager of everybody’s business. Like health-care under Obama’s ACA. -Under Democrats, and higher taxes, fed and state, America has lost its formerly #1 sector, manufacturing. We use as much as more manufactured goods as before, but foreign workers in other countries are our manufacturers who do not pay taxes to the US government.-Fossil fuels are needed and produce jobs and tax revenues, but Obama has been anti-coal, oil, natural gas, etc. Fracking succeeded in spite of Obama and helped but could not cure our jobless problems, with 94.8 million former workers now no even counted as jobless so Obama can claim a lower unemployment rate, based on fewer in the Labor Force.-God blessed “capitalism” and individual enterprise in the Bible, but Democrats and some GOP now have been brainwashed in “higher education” to prefer socialism and blame capitalism for problems, usually caused or made worse by government interference into private lives and businesses. IMO.
@mike five, you are correct that the economy has cycles of expansion and recession and recoveries. But the federal policies and actions influence the time and length of each cycle.-A business-friendly president will try to lead Congress into lowering taxes, cutting down on regulations that prevent new start-up businesses, and funding things like solar that never developed into a profitable business without government money. Ethanol is another fed boondoggle. Those type of “businesses” do not pay for themselves as a business should, which is invest money and time and produce a sellable thing or service and be paid a price that covers expenses and profit, without which a business goes bankrupt and cannot continue as the government does, by printing $.-GW Bush tried to be business friendly, which is necessary in order to create jobs and expand and create more jobs. The business pays taxes and the workers pay taxes. -Obama, on the other side of the ledger, is not business-friendly and neither are the Democrats in Congress. They want higher taxes and more regulations where Big Daddy government tries to be the hands-on manager of everybody’s business. Like health-care under Obama’s ACA. -Under Democrats, and higher taxes, fed and state, America has lost its formerly #1 sector, manufacturing. We use as much as more manufactured goods as before, but foreign workers in other countries are our manufacturers who do not pay taxes to the US government.-Fossil fuels are needed and produce jobs and tax revenues, but Obama has been anti-coal, oil, natural gas, etc. Fracking succeeded in spite of Obama and helped but could not cure our jobless problems, with 94.8 million former workers now no even counted as jobless so Obama can claim a lower unemployment rate, based on fewer in the Labor Force.-God blessed “capitalism” and individual enterprise in the Bible, but Democrats and some GOP now have been brainwashed in “higher education” to prefer socialism and blame capitalism for problems, usually caused or made worse by government interference into private lives and businesses. IMO.