There is no doubt President Obama is a great President. He has accepted the challenge of piecing the economy back together while still pursuing the moral high road.
What does that mean?
That means that besides a needed recovery from a global economic crisis the USA economy would suffer on many fronts because there were moral people in the admnistration that would not allow corruption to become a form of econmic stimulus as Bush did.
When corruption is at work it has its own economy. No different than any other form of crime that is allowed to flourish within a society. Everyone knows and understands the term "Drug Economy."
What ends these forms of 'economies?' Investigation and prosecution and prison and fines. When a President is determined to cut the size of government to the bone, there is a trade off and that trade off usually manifests in some type of White Collar crime and/or political corruption.
When President Obama took office, he brought with him an Attorneys General with a long history of corruption focus. So, with Eric Holder in the Justice Department corruption of any nature was to be ended and with that a continued shrinkage of the economy even though it was illegal.
It doesn't matter that it was a crime and should be ended, it was still contritbuting to the economy and the USA's options for employment was shrinking on all fronts, even the criminal fronts.
...The struggle against corruption, as President Obama has put it, "is one of the great struggles of our time." As I speak, a corrupt official somewhere is enjoying undeserved and illegal proceeds. He may be driving a brand-new luxury car. She may be filling her off-shore bank account with tainted cash. They may be traveling first-class on all-expenses-paid holidays....
...The World Bank estimates that more than one trillion dollars in bribes are paid each year out of a world economy of 30 trillion dollars. That's a staggering three percent of the world's economy. And the impact is particularly severe on foreign investment. In fact, the World Bank estimates that corruption serves, essentially, as a 20-percent tax....
So while crime and punishment doesn't seem like a reason for an economic impact, it sincerely is. Not only does it shut down economics surrounding crime, but, it also increases the costs to the government in enforcing the laws of the USA. It is easy to say 'Decrease the Size of Government,' but, it is sincerely something different to actually be able to effectively run a government with far less staff and funding.
...As part of Project Coronado, law enforcement officers executed numerous search warrants at various locations throughout North Texas during the week of October 21, 2009, that resulted in the seizure of more than 1000 pounds of methamphetamine, 4.5 kilograms of cocaine, $660,000 in cash, 50 firearms, 53 vehicles, one boat, two all terrain vehicles, one camper, and two real properties. These seizures are in addition to more than 650 pounds of methamphetamine, 135 kilograms of cocaine, more than 100 firearms, more than $2.4 million in U.S. currency, and more than $1 million in other assets already seized from members and customers of these organizations throughout the investigation by law enforcement in the DFW area....
http://criminal-justice-online.blogspot.com/2010/04/la-familia-drug-cartel.html
