Paul Chehade - U.S. Economy: There Problems and problems and more problems.
Paul Chehade – U.S. Economy: There Problems and problems and more problems.
But I have Solutions and solutions and more solutions
Barack Obama is the President-elect of the United States of America. He has a few problems to deal with.
The U.S. financial system is like a heart attack patient. Joe America (financial system) ate fast food (spent more than he made) at every meal, didn’t exercise (ran up debt), and worked late (didn’t save) at the office 6 days per week for the last 30 years. This ultimately led to a massive heart attack (worldwide financial crisis) and the patient has been kept alive through tremendous doses of drugs (interest rate cuts, Federal Reserve injections) and quadruple bypass surgery (bank, insurance company and car company bailouts) to keep the blood (money) flowing to the heart.
MY SOLUTIONS
The Chief Surgeon (President Obama) now needs to convince the patient (America) to change his ways and eat right (spend less than you make), exercise (reduce debt) and live a more balanced stress free life (save for the future). If the patient hangs around with the same crowd (Nancy Pelosi, Barney Frank & Congress) and goes back to the old lifestyle (spend & borrow), it will be only a matter of time before he has a relapse (another financial crisis) and dies (collapse of capitalism). It is essential that the Chief Surgeon (President Obama) take the long view (farther than the election) and lead the patient (America) to do the right thing (live within its means).
Paul Chehade:.
Honor and Truth
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