Cree is one three companies headquartered in NC with a billion dollars in the bank. SAS and Red Hat are the other two. The private sector isn't going to get off of their hands, meaning no hiring is going to occur, until the federal government gets deficit spending under control. This also means the ball is squarely in the big O's court. Thankfully, bumbling Joe is on the case, leading up the administration's efforts to uncover government waste, like Otis from Mayberry being asked to uncover where all the moonshine's being made.
Getting a handle on deficit spending is no simple matter. There are powerful interests that like the status quo. A balanced budget amendment would go a long way, and tax reform to require corporations and individuals to pay their fair share of a progressive tax, without deductions, would just about right the Titanic.
These powerful interests, on the other hand, would rather subjugate the masses, including the US, while continuing to exploit the world's resources for their own gain. Are we truly a government of, for, and by the people, or merely a pawn in Satan's scheme of world dominion? Actions speak louder than words, Mr. President.
Obama vows to get people back to work - National - NewsObserver.com
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