When Barack Obama expressed that it was an emergency to pass the second stimulus bill, he stated
one of the things it would do is hold unemployment under 8%. Does it surprise us that a year later we passed 10%
unemployment and are expected to stay there through 2011. On President Obama's website, he discusses how hard he
is working to get the economy back on track. Since when did the government create jobs or create a market demand for
goods?
An Easy Solution In order for our economy to work, the
government must get out of the way and let the American people go to work! Instead of being a burden and road block,
our Federal Government should clear the hurdles and unleash American entreprenuerial spirit. It is the citizens of the
United States of America and the decisions they make that that make the economy buzz.
Let's cut taxes, capital
gains, and remove the obstacles from citizens that want to create new opportunities. Reagan successfully did this in
the early 80s after the Carter debacle. It also happened in the roaring 20s. There is no shortage of examples,
just plain standard convservatism at work!
This is a much different approach than what the Democracts and some
Republicans (Lee Terry included) believe to be true. Some in Washington believe it is their planning from central government
that makes our economy work. This government first approach is most evident on President Barack Obama's website.
A few key points from Barack's Website -The crisis in our banking system can
be directly tied to our federal government and banking policy. -How does a President work tirelessly to address unemployment...does
he create jobs? -If he creates jobs by taking money from one citizen and giving it to another, isn't that central
planning and socialism? -While the debt is unsustainable, Barack's own budgets are part of the problem, he has quadrupled
the deficit. -I think 95% of Americans are still waiting for their tax cuts -Does critical infrastructure include
projects such as the turtle tunnels under highways in Florida? -A new housing program? You mean giving away free
money like the 'Cash for Clunkers'? (Thanks Lee) -Get credit flowing again? I thought that's
what the first TARP was supposed to do? (Thanks again Lee) -Since when is it up to the Government to cut costs for families
and businesses? Don't take it in the first place. -Please explain what a 'Bold' investment is?
It sounds like something we would not be interested in. -Create jobs that can't be shipped overseas? Again,
since when did the government create jobs?
This sounds like central planning and that is not a future I
want my children and grandchildren to inherit!
Why the TARP was a Bad Idea... Can We Trust Any Numbers from the Obama Administration? Dick
Morris points out that money paid back for the TARP has gone back into new government spending...not to pay back the TARP
bailout funds we borrowed. Another example of why the government cannot be trusted with the American people's
money. At least not with the current group of people we have representing us in Washington D.C.
