AMERICA'S ECONOMY.

American Jobs Act by President Barack Obama, which this blog has mistakenly called it "America Jobs Act" is still being shoved aside by the Congressional Republicans, once again. (Mistake corrected).

They seem to have a new version of their own, each time the occasion arises for them to act, to put people to work. So, any delay in reaching some kind of a job creation compromise is obviously theirs.

The latest being the mantra that the private sector has the capacity to create jobs and not the government, makes people to wonder when they will come down from their high horses and permit the spiraling unemployment rate to stop, instead of it going from bad to worse; as where it stands now, at 9.1%, is pretty risky. It is like consciously inviting a double recession to come to the country's door.

In a Fox News interview, Senator John McCain is insisting that the Republicans have a different philosophy from that of the government; and that the Obama administration must "unleash and unfetter" the private business sector to undertake the jobs creation process, and for it to remove certain government regulations that will enable it (private sector) to bring in the $1.3 trillion dollars that is sitting on the side, overseas; and is more than ready to be used for investments to boost the debilitating economy.

He suggests that the corporate tax rate must be cut and for the government to create a moratorium on regulations of all kinds that are stifling the economy. The tax code must be simplified to allow businesses to know what they are up against.

He maintains that America has the highest corporate tax code in the world; and then he goes on to say that the government must "repeal this and that"; and the list goes on and on, almost infinitum.

However, while the debate continues in Washington D.C., the economic situation does not get any better, as unemployment remains at the same level, which is causing so much hardships in many households in the country.

The Occupy Wall Street demonstrations must have a link to joblessness; and how long the lawmakers can wait before they can come out with something to improve conditions is anybody's guess.

If regulations are the only things stopping the growth of the economy then the president must talk about them and see how those that can be removed are set aside for the danger that the country is facing to pass.

Both sides have their plans; the American Jobs Act plan and a plan, or plans, by the Republicans must be concurrently reviewed by the president and opposition leaders for them to negotiate for what is in the best interest of the nation as a whole.

Hiding behind philosophies is not working for the country; and it is about time both the Obama administration and the Republican Party leaders reach an agreement that will make life easy again for all Americans.

So much time has already been wasted on the most important aspect of life that correlates with the United States national security; the economy.

Iran, Libya, North Korea; all that can wait, as President Obama and the U.S. Congress straightens out the economy. In a sense, anything else is secondary if the country is in disarray.