The Sea of Duplicity
The cynics were quick to express the opinion that Mr. Obama's Job Summit, held on December 3, 2009, was a fruitless, pandering, campaign styled event which produced much gas, while ignoring the engine and maps that propel prosperity. That's not entirely true.
The sickle and hammer crowd and the corporate toadies who attended the event defined the strategy and tactics of Obama's economic plan. They spoke in unison without innuendo. They informed the nation that the capitalist beatings will continue until the American workforces' morale improves.
Did you listen to their words? It was all about taxes. Obama and his team of socialist advisors seem horrified by the prospect that private enterprise may rebound. Between the lines, they label it worker exploitation and condemn it. Their weapon of choice, the confiscation and redistribution of income, is the battering ram they plan to use to smash the basic engine of economic growth, the accumulation of investment capital.
Communism failed because job creation and full employment are not goals. Rather, they are an outcome; the product of invention, expansion and profit motivation. No entrepreneur, CEO, or Board of Directors ever convened a meeting with the explicit, charitable goal of hiring more workers.
And only socialists, in all their duplicity, can pretend that the creation of make-work government jobs helps the economy. Every single, last government job depends on taxation to exist. Government workers are an anchor around the neck of every worker and employment seeker in the private sector.
Granted, Obama and his nest of fiscal vipers have resorted to by-passing the traditional source of government funding (taxation) in favor of printing money. This fiscal deception temporarily shields their spending, which is an admission that they fear a taxpayer revolt (not to be confused with temporary disgruntlement).
But both sources, taxes and deficit spending, cripple the recovery. Investment capital, the mothers' milk of growth, is siphoned into non-productive bureaucracies. Deficit spending creates inflation, which raises the cost of goods and services, which in turn, make US companies less competitive. The predictable outcome of these policies is stagnant employment.
It would be enlightening if a think tank compiled the trend lines which compared the growth of government employment and taxation to the creation/loss of jobs and income in the private sector, and the GNP.
It's conceivable, and frightening to postulate, but it appears that the current level of local, state and federal taxation has nearly destroyed capitalism's ability to overcome the liberals' determination to annihilate capitalism.
Politicians like Obama, Pelosi, Reid, Barney Frank, Dodd and Schumer built their careers on destroying the American Dream by fomenting class warfare. The Job Summit was just another confirmation of their intent to increase the size of government.
Employment and income growth will not materialize until these weasels are thrown out of office. Unless spending is slashed, taxes lowered and the nanny state laws rescinded, America's golden age is but a memory.
Americans have two options. They can join the food stamp crowd and tell their children and grandchildren to be thankful for government handouts. Or they can express their anger in the voting booth, and pass along the opportunities they inherited.
The sickle and hammer crowd and the corporate toadies who attended the event defined the strategy and tactics of Obama's economic plan. They spoke in unison without innuendo. They informed the nation that the capitalist beatings will continue until the American workforces' morale improves.
Did you listen to their words? It was all about taxes. Obama and his team of socialist advisors seem horrified by the prospect that private enterprise may rebound. Between the lines, they label it worker exploitation and condemn it. Their weapon of choice, the confiscation and redistribution of income, is the battering ram they plan to use to smash the basic engine of economic growth, the accumulation of investment capital.
Communism failed because job creation and full employment are not goals. Rather, they are an outcome; the product of invention, expansion and profit motivation. No entrepreneur, CEO, or Board of Directors ever convened a meeting with the explicit, charitable goal of hiring more workers.
And only socialists, in all their duplicity, can pretend that the creation of make-work government jobs helps the economy. Every single, last government job depends on taxation to exist. Government workers are an anchor around the neck of every worker and employment seeker in the private sector.
Granted, Obama and his nest of fiscal vipers have resorted to by-passing the traditional source of government funding (taxation) in favor of printing money. This fiscal deception temporarily shields their spending, which is an admission that they fear a taxpayer revolt (not to be confused with temporary disgruntlement).
But both sources, taxes and deficit spending, cripple the recovery. Investment capital, the mothers' milk of growth, is siphoned into non-productive bureaucracies. Deficit spending creates inflation, which raises the cost of goods and services, which in turn, make US companies less competitive. The predictable outcome of these policies is stagnant employment.
It would be enlightening if a think tank compiled the trend lines which compared the growth of government employment and taxation to the creation/loss of jobs and income in the private sector, and the GNP.
It's conceivable, and frightening to postulate, but it appears that the current level of local, state and federal taxation has nearly destroyed capitalism's ability to overcome the liberals' determination to annihilate capitalism.
Politicians like Obama, Pelosi, Reid, Barney Frank, Dodd and Schumer built their careers on destroying the American Dream by fomenting class warfare. The Job Summit was just another confirmation of their intent to increase the size of government.
Employment and income growth will not materialize until these weasels are thrown out of office. Unless spending is slashed, taxes lowered and the nanny state laws rescinded, America's golden age is but a memory.
Americans have two options. They can join the food stamp crowd and tell their children and grandchildren to be thankful for government handouts. Or they can express their anger in the voting booth, and pass along the opportunities they inherited.
posted by David at
7:48 AM
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