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Friday, October 21, 2016


Since September 11, 2001, America has either been recovering from a crisis or on the verge of another one.

When President Obama came into office, our financial system was still at risk of completely failing, we were in two wars and 1 out of 8 jobs were threatened by the collapse of the auto industry.

Five years later, corporations are seeing record profits, the war in Iraq is over, the war in Afghanistan is winding down and American automakers struggle to keep up with the demand for their vehicles.

Still, middle-class wages are stagnant, a new war may be brewing in Syria and the percentage of Americans participating in the labor market is lower than it has been since the ’70s.

In the next few weeks, the economic climate could get dramatically worse — or somewhat better. Congress will take a series of votes that will set the country’s course for the next few years. Meanwhile, the most dramatic transformation of our health care system in history will roll out in all 50 states.

Here are five crises that could either happen or be avoided — depending on the choices our government makes during the remainder of 2013.

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Copyright 2013 The National Memo
  • elw

    Why is everything a Crises? What happen to “problems” that have to be solved. I for one, am sick and tire of having every issue we face framed as a crisis. Plain and simple a crisis is far more than solving everyday problems like redoing your budget or finding a new person to fill an office; a crisis is 9/11, the aftermath of Katrina, the financial meltdown in 2008, or any other unexpected disaster that happens. The five things listed are not crises, they are problems connected with running the Country. If those people we elected to office cannot do what they were elected to do, that is a joke not a crisis and they should lose their jobs, just like any other employee who does not know how to do the job he/she was hired for.

  • Bill

    The GOP will through the country under the bus, all the while blaming the President for their actions.

  • CPAinNewYork

    Greenspan was the worst Fed chairman in history. Dubya’s father told him not to keep him in that position, but dumb Dubya wouldn’t listen.

    Greenspan’s ego and his inability to shoot off his mouth caused a lot of the 2008 crisis. Even today, when he’s out of office, the clown can’t keep his mouth shut.