Obama’s anti-growth strategy
A couple years ago we knew nothing about obama, and unfortunately our newsmedia abdicated their traditional role of shining a light on stinky politicians– allowing perhaps one of histories ‘stinkiest’ to get elected. Liberals will view my ‘stinky’ comments as racist of course, and that’s fine– I can’t change their world-view, and don’t really want to. In fact, I think it best if we let their ‘world views’ shine forth for all to see; let them take responsibility for the mess that they have created. If you go back in this blog about 14 months or so, you will see that I have been consistent; my fear then was that obama would be allowed to pass his ridiculous ‘stimulus plan’, which any non-partisan, educated reader knew was more anti-stimulus than pro-stimulus. Why? because businesses want to see an environment that allows growth, before they will commit to hiring. Wouldn’t you? And businesses saw a trillion dollars of spending, the vast majority on social welfare programs that extended decades into the future, guaranteeing the eventuality of higher taxes. None of this is rocket science– would YOU risk everything that you owned, to take a shot a growing a business that allowed you to take home a third of what you earned?
The trillion dollars offered nothing for businesses; it may be a good thing to give money to teachers and unions (if you are a teacher, anyway)– but the money goes to buy them better pensions– not toward creating a job for anyone! I have always suspected that Dems hated Bush so much that they actually believed the garbage they spewed, about him being ‘stupid.’ Never mind that he graduated from the best business school in the world (and do you REALLY think that being the son of the head of the CIA, a Republican appointee, won classroom favors for W at Harvard?! If anything he probably had to work twice as hard). Sure, he couldn’t give speeches as polished as the annointed one– but we all can see just how far THAT talent can carry a country! The Dems figured that being president must be easy… and figured that the economy would just fix itself. Don’t waste a crisis– use it to pass an agenda of wasteful social programs…. and the economy will be fine. Heck, the recession that W inherited got better, right?!
Of course we know the truth; Bush inherited the 2000-2001 recession, then the 9/11 attacks– all in the shadow of Clinton’s stock market bubble and burst. But Bush averted a deeper recession by doing what Reagan did– cutting taxes across the board, for everyone. In return we had 8 years of economic prosperity, until the housing bubble (pushed in part by Dems who believe that everyone needs a home, job or not) brought the good times to an end.
Obama did not reduce taxes like Bush did– he instead guaranteed they will rise. That shuts off any interest in business investment. But even worse, obama threw away a TRILLION DOLLARS– and added layers of government to the auto industry, the banks, and now healthcare. So now we are too broke to actually HAVE a stimulus. Yes, ‘shovel ready projects’ would be nice– if only obama had added them to the trillion dollar scheme that he pushed through in a few days, early last year. Now we really need that money– today jobless claims rose ‘unexpectedly’ again– but it is too late. Obama wasted that money, so we have no powder left in our kegs.
Thanks (for nothing) obama!












