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Republican Campaign Posters for
2012 Election |
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| Ever notice the Internet ad for IQ tests, where Biden and BO are shown with high numbers? Talk about false advertising. |
Alfred E. Obama.- We can see the likeness. |
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Congratulations to the DNC |
BO- when will you stop blaming everything on GWB. You seem to own the franchise on blaming everyone but yourself. You are the one imposing on the US, a Keynesian solution that has never worked in the history of mankind. |
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Self explanatory |
How many economists, not on your payroll, agree with you? |
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Yes you did. |
One good thing you are doing, is inspiring states to tell the feds that the 10th Amendment rules. That's the change you inspire. |
We can all have a laugh over how Obama is perceived by many. However, as the 2010 and 2012 elections get close, we had all better spend our time assessing what he has done or not done during his tenure. Without going into details here, just get up to speed on the real issues of the day. As this is written, June 16, 2009, the unemployment rate is over 9% and climbing. Congress, following the plans of this Administration, is on a path to indebt America to the tune of 10 TRILLION dollars, not counting what they might do with health care, and not counting the fact that Congress NEVER overestimates the costs of anything. There is one factor that might make Congress and Obama scale back their reckless spending, and that is the growing reluctance for the marketplace to provide the funding they need to cover their spending plans. Remember that there is no money available to cover the costs of any of the programs they have advocated- from the Stimulus, the TARP, the recent budget, health care, or the projected TRILLION dollar deficits of the next 10 years. The only avenues available to Congress will all lead to massive defeats for incumbents, Democrat or Republicans who vote for any of the items which they have in their control. 1. The Federal Reserve can print money, which they lend to the government, which then gets distributed to the public. This will lead to massive inflation which will lead to many incumbents losing their jobs. 2. The government can borrow, issuing bonds to the marketplace. It is interesting that Great Britain and Germany have both failed in the marketplace, to sell their bonds to solve their financial problems. There are others, so it is apparent that there are few places in the marketplace that will buy US bonds at affordable interest rates. 3. Increasing taxes is always there, but remember these politicians want to be re-elected. Hidden, low profile tax increases will not generate anywhere close to what they need to cover their spending. Cutting programs already in the budgets will only lead to more layoffs and a deeper recession.
THE ANSWER has historically ALWAYS been to grow the economy out of a recession. In simple terms, this requires increased PRODUCTIVITY in the economy, which is the result of less waste of money, lower taxes, people working and not in fear of losing their jobs...........etc. It's pretty simple, and it is the successful policy utilized by JFK, Ronald Reagan, George Bush and others. Interestingly, Obama's plan has been tried before by FDR and Jimmy Carter. THEY BOTH FAILED. Maybe this "messiah" of the left, isn't as smart as he tells everyone. He still hasn't released his college grades from Columbia or Harvard, whihch he promised he would release after the election. We already know that he wasn't the brightest bulb in high school. |
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