Editor's note: This is the last of a six-part series by Matt Horween, CPA, FSO (retired). The previous columns were Iran, Pakistan Biggest Threats, Political Class Choking America, Bring the Troops Home, Fix America First and Immigration System Broken.
We already have a structural trade deficit with most countries of the world and we are spending money outside the U.S. at an alarming rate on two active wars and countless military installations worldwide as well as an expanding foreign aid program.
All of this while we and other countries like Spain are in a jobs depression. We are still losing more than 300,000 jobs a month, and Challenger/Grey said recently that layoffs would get worse in the months ahead going into year-end.
Why are companies going to lay off even more people if the stock market is rising and some economic reports are getting better? I think the reason is the Pelosi/Obama factor and the fact that President Obama likes to lecture and bully the business community and anyone else who disagrees with him. Grownups are getting tired of this act.Here is my list of job killers, and afterward I will list my super job creators.