After today's depressingly low job's number for the month of June, I found myself wondering why no one seems to be getting mad. Are we getting so numb to the constant negativity that we are accepting this "recovery?" When did we stop striving and demanding that positive changes be made so the economy improve? The improvement I am talking about is not 1% or 2%. What we need and what we have experienced after all other recessions is 5% or more growth. What is getting in the way this time?
This is the third summer in a row where we economic, job stock market growth has slowed! Each slow down has coincided with changes in taxes and regulations in the next 3 to 6 months. In 2010 it was tax increases set for the beginning of the next year, in 2011 it was increases to government borrowing or debt ceiling. Now, it is prospect that onerous taxes on income, capital gains, dividends, medicare, etc. will jump tremendously starting in 2013. The first two were given temporary patches pushing the problems into future years. The tax increases set for 2013 will have an enormous negative impact on economic, job and stock market growth.
It is time for us to take responsibility and realize we can't count on anyone but ourselves to define our lives and make them better. If you don't like the direction we are heading then stand up and make your voice and ideas heard. Spread your ideas, tell politicians, friends, and family what would benefit you and what hurts you.
When we do succeed make it known that you did it despite the extra regulations, burdensome taxes, and economic malaise. Let them know how your accomplishments would have been achieved so much faster if these obstacles were not in your way. Make it known you are part of the reason why the U.S. economy started to explode with growth.