H. Neal Glanville: An honest attempt at recovery needed | CraigDailyPress.com

H. Neal Glanville: An honest attempt at recovery needed

H. Neal Glanville

H. Neal Glanville

It's a warm and cozy feeling knowing President Barack Obama is "concerned" about our economy.

Not since President Jimmy Carter has our future looked so gloomy, or perhaps desperate is a better word for it.

The unemployment numbers keep going up and the unknown number of people who have resigned themselves to being jobless is skyrocketing.

It's unfortunate, and I use that word lightly, that the stimulus money and corporate bailouts have all but failed.

Our standing in the world economy is quickly becoming a talk out loud joke fest. If and when the faltering Chinese economic programs fail, and if they ask us to repay our loans, how do we do it?

Do we file bankruptcy and let China foreclose on America?

Recommended Stories For You

Perhaps it's time for the president to quietly admit failure, fire his friends in the cabinet, and bring in people who know what they're talking about.

President Dwight D. Eisenhower, who was elected partly because of his leadership qualities during World War II, had very little economic experience. He did, however, have enough sense to surround himself with the smartest people on the planet.

We got the boom of the 1950s and early 1960s.

It's not rocket science, people.

We simply can't print or borrow enough money to crawl out of this deepening debt.

Maybe it's time for a cash and carry economic program, or at the very least a no-spending policy that reflects an honest attempt at recovery.

Now for something completely different

River fishing is not only poor, it's extremely dangerous. Fish are still being caught in the ponds at Loudy-Simpson Park. It's the perfect time for a big bobber and a chunk of bait.

Throw it in and let the current do the work.

Hey, you be careful out there and stay to the light.

Craig Daily Press columnist H. Neal Glanville can be reached at halglanville@yahoo.com.

Click here to have the print version of the Craig Daily Press delivered to your home.

Go back to article