Handbags Wholesale-Much Worse

As we come to the end of the year, handbags wholesale is usually a good time to look back and see what the year brought us and hopefully, be thankful for our health, wealth, and good times. However, from an American political class perspective, the events of 2010 were not healthy, wealthy and good for most of America. The exact opposite was true, events of the year were much worse than we think they were, based on some recent news reports: - In the lead up to the passage of the legislation that would extend the Bush tax cuts for every American for two years, the Democrats were hollering that the legislation was not a good idea to extend the tax cuts for those Americans making over $250,000 a year. whole sale handbags would add about $70 billion a year to the national debt and this horrified them. Never mind that while in control of Congress the past four fiscal years, they managed to add over $4 TRILLION to the national debt. The Republicans have spent most of the year decrying how out of control Federal government spending was, using that fact as a rallying cry to have a great midterm election. Wow, both parties seemed so interested in taming the budget deficit. However, according to an article in the December 17, 2010 isse of The Week magazine, once the two parties got together to work out a compromise on the tax cuts, the resulting compromise legislation ended up increasing the national debt by $900 billion in just two years. Thus, although all Americans will continue to be taxed at their same level, each U.S. household has now been burdened by an additional future national debt burden of almost $8,000. How come every time the political class does anything, current and future Americans get hit with more onerous debt burdens fashion handbags wholesale? What makes this latest travesty so frustrating is the hypocrisy of both parties who claimed to worry about curbing government spending but ended up making a bad situation even worse. - According to an article in the December 20, 2010 issue of Business Week magazine, the United States added 937,000 jobs in 2010. This was not nearly enough to begin bringing down the almost 10% unemployment rate. Conversely best handbags wholesale, a single company in Taiwan, Foxconn, by itself created 300,000 jobs in 2010. Let's see: one foreign company creates 300,000 all by itself, our political class creates only three times that much for the entire country. Proves once again that no matter how much government money is wasted in "economic stimulus programs," it cannot compare in either volume or cost effectiveness in the job creation capability of the private sector. Pathetic. When we will they ever learn?