Obama’s Age Of Doo-Doo Economics
Read the walls within. See where Obama his economics ken.
Yep. Obama’s economic stimulus programs have turned into crap.
The Obamahoods insist on re-running demonstrably failed Keynesian deficit spending schemes, over, and over, and over, and over. FDR was the first to try deficit spending as a cure-all for the Great Depression. After years of deficit spending, dam building, and road grading, the economy was not measurably better off. We all like to think that it was, but, history shows differently.
Instead, it took the impetus of a World War to put everybody in the nation to work producing weapons for the diminishing free world. Not only did World War II salvage the USA from the Great Depression, but, the USA salvaged freedom and democracy from extinction. The event that jump-started the US economy was a great war, not targeted spending.
Presidents Kennedy and Reagan chose to cut overall taxes to spur economic activity, and it worked. It worked so good that the liberal whiners dubbed the 1980′s (The Reagan Years) as the age of indulgence and excess. Hey, just give me some more of those sinful excesses.
Cutting taxes is an immediate release of money into the economy, resulting in almost instantaneous results. Millions of small businesses who save money to pay taxes quarterly have the opportunity to IMMEDIATELY make capital investments in their businesses, hire people, letting the market economy to do what it does best. The market oriented economy creates wealth.
Why do the Democrats not get this?
It gets real simple, real quick.
The Demo’s don’t want to reduce taxes because it diminishes the power and role of government, therefore, the authority of Democrats in your life. It’s all about power and control.
When presidential candidate George H. W. Bush was campaigning against Ronald Reagan, Bush dubbed supply-side economics as Voo-Doo Economics. The name stuck, even though Reagan’s signature economic success was based on cutting taxes, increasing overall Federal revenues.
Voo-Doo Economics works. Obama’s Doo-Doo Economics don’t.
bb
“The Demo’s don’t want to reduce taxes because it diminishes the power and role of government, therefore, the authority of Democrats in your life. It’s all about power and control.”
Exactly right, it’s what motivates the left to do everything they do. They never gave a shit about the people, only the more dumb amongst them think that, the nasty ones are all about the power.
“The market oriented economy creates wealth.”
There is that ugly word….WEALTH. To hear the Democrats in DC, “these” are the evil people….the wealthy. Forget that they are the ones who pay for everything government does. Forget that without their wealth, there will be no more entitlement programs funded. Ignore history that shows the wealth of this nation is what has driven us forward in invention, innovation, R&D and prosperity that the world knows in no other country.
Yes, it’s about power and control. I say, “Full steam ahead, Tea Party Movement!”
oh, bb….I forgot.
Where, oh where did you come up with the wealthy version of the outhouse? Notice the windows? Never saw one with windows. Must be a wealthy person’s outhouse. Even they needed one at one time, didn’t they?