And the beat goes on. On one side the politically correct feel-good. On the other side, common sense. NetGain has repeatedly stated and made the case that jobs (civilian) are the foundation to our economy. Recessions by definition are two consecutive months of negative growth in the Gross Domestic Product (GDP). The historical overriding cause of recessions has been the disproportionate adjustment of excesses and abuses. This is followed by disappearing business profits, a scaling down of capital investment, and finally workforce reduction. The greater the length of time business takes to begin rehiring, the longer and deeper the recession.

The government is spending record amounts of money on many good and worthwhile projects. But until they direct their efforts toward stimulating the hiring of civilian employees the recession will continue to get worse.

Franklin Delano Roosevelt (our 32nd president) took office in March 1933. He proceeded to spend more money than all the prior presidents combined. He created many fine institutions that are important to this day. From his first day (March 1933) in office until the beginning of World War II, unemployment never went below 14.3%.

Do we need a war? No we do not. We need common sense applied by politicians who are not interested in their preservation first, who understand the American economic model, and who will do what is necessary to get it on track.

Read full article: Obama - Ending Economic Crisis Won’t Be Easy