http://www.zennie62.com -- Rush Limbaugh's idiological rants are out of touch with an economic reality that will keep The Democrats in power for at least the next 10 years. The reason is the economy itself and the need for government investment. Between 1960 and 1999 the U.S. Economy added 20 million new jobs every 10 years, but from 1999 to today, only about 4.7 million new jobs. What happened to the 15 million jobs? They went overseas to countries like India, France, and north to Canada. And with jobs goes wealth. It's a key reason America's now the 3 largest exporter whereas we were number one for years, until 2004. We're now behind Germany and China. All of that wealth lost has resulted in wrecked credit over time. We have to have jobs to afford our mortgages and our population did not stop growing through this period. But what happened was that we started to lose jobs from the remaining stock of them. Remember, we have millions of people that aren't e...
Oakland Focus News Blog | Oakland News Online Blog - Oakland CAs first true blog, est 2003