Sunday, February 24, 2008
Tuesday, February 19, 2008
Barrack Obama's economic plan in review Part 1
“It will come from ending the Iraq war, cutting tax breaks for corporations, taxing carbon pollution and raising taxes on high income earners.” Now it's time for the fun part.
The dismantling of Barrack Obama's "economic" plan Part 2
Let’s begin. The tax cuts for the rich spew doesn’t cut it. It may work with Obama's legions of blind sheep, but I actually understand the economy and can see right through his socialist script. The Iraq war is being funded by deficit spending. In other words, it’s debt spending. If the military operations in Iraq were over tomorrow, the money diverted for Obama's economic plan would still come from BORROWED MONEY, which will still be tacked on to the national debt. Liberal politicians always talk about how they can fund so many feel good social programs if the Bush tax cuts were repealed. The fact of the matter is that tax receipts to the federal government has increased not decreased ever years since the taxes cuts took effect six years ago. The problem with our country incurring debt and deficits isn’t due to the “tax cuts to the rich” or the war. It’s a spending problem not a revenue problem. Of course why expect “The magic upstart” or his cult following to understand that. Barrack foolishly blamed Bush for the current housing downturn cycle. In his plan, I’ve noticed that the only way he knows how to fund those construction jobs is by using the federal government in the role of a massive employer. Should that surprise anyone? He is an ultra socialist. As for creating green collar jobs, what exactly is a “green collar” job anyways? I’ve heard of white and blue-collar jobs. That’s just great. Obama is going to try to help create an industry with no possibility of profitability, oddly enough that sounds familiar somehow. Oh yeah, how did that dot-com tech bubble economy turn out? Imagine having the choice of two people driving a three thousand pound car at high speed towards a brick wall. The first person is an inexpierenced mad woman named Hillary Clinton and the second driver is just as inexperienced named Barrack Obama. Choose your poison. Either one is going to crash the car into the wall. Now substitute the car for the Presidency of the United States. Once again we have a choice of two poisons for our country with no cure in sight.