Recently I was doing some financial research, and came upon some interesting data on unemployment rates:
USA, 8.2 percent; China, 6.1; Japan, 4.1; Austria, 3.9; Netherlands, 5.8; Denmark, 4.2; Norway, 3.2; Switzerland, 3.0; Hong Kong, 3.3; Malaysia, 3.3; Singapore, 2.0; South Korea, 3.1; Taiwan, 4.3; Mexico, 5.7; Israel, 5.5; Canada, 7.3; Thailand, 0.4.
There are more countries that have a lower rate, and some with a higher rate.
I believe the educational level of the USA is quite a bit higher than many of the countries who have a lower unemployment rate. Why is the USA so high? I believe it’s because President Obama just does not know what to do, or how to do it. He does not get it – basic economics.
I hope and pray that the clear minded (unbiased) people will remember this on Election Day, Nov. 6.
President Obama is given to abrupt changes of direction, which I interpret as a readiness to abandon principle for political gain. He’s good at smiling and patting on the back – but little else.
We all need to vote on the facts, not on a smile and pat on the back.
The writer lives in Myrtle Beach.