U.S. Debt Battle Job Creation Policies

Sept. 21, 2013 - PRLog -- Overall, middle class America has been decimated with a 28% income drop as that “giant sucking” sound of jobs leaving the U.S. continues. But Ross Perot (RP) warned people back in 1992 about many of the challenges we are facing today. Perot was laughed off by many and ridiculed in TV comedy skits as cocky but people aren’t snickering so loudly these days in America. As it turns out, Perot is precise and wise in his understanding of the facts.

“I often wonder; where America would be now if Ross Perot won the 1992 Presidential election adds Mr. Rickman. Did the American people reject new ideas to quickly or just intentionally ignore all the warning signs because finding sustainable solutions was the more challenging path.”

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History shows the debt ceiling was raised 18 times by Ronald Regan, 4 times by Clinton, Busch 11 times and Obama 7 times during the worst financial crisis since the great depression. During the Busch years, America was misled into 15 years ($5 trillion cost) of Middle East wars in Iraq and Afghanistan.

U.S. govt. leadership has failed to innovate and provide the American people with the competitive economic tools necessary to prosper. It was a massive failure in U.S. leadership not to better prepare the American people for global economic competition, as NAFTA was being implemented.

Indeed, we are at a point that has reached what I would define as a "U.S. Economic Quagmire" says Mr. Rickman. Inevitably, the American people are experiencing the standard of living drop that brings it more in line with the rest of the world.

President Obama’s delay of the Syria missile strike as it turns out was a potentially smart decision that may end-up saving the American tax payers billions if a diplomatic path to disarmament of Syrian President Assad’s chemical weapons can be achieved.

Now America must get back to finding solutions to important economic challenges. For example, the U.S. public education system is poorly ranked (25^th worldwide) compared to other countries. U.S. infrastructure is crumbling in need $3.6 trillion of repairs and upgrades.

The next policy innovation, I expect will include President Obama’s push for “carbon tax” reform in order to help facilitate the economic recovery and rebuilding process in America comments Mr. Rickman. Going forward, it is important the American people keep an open mind to new ideas and debate the policy solutions that could help us prosper in the future.