Tragic incompetence
Obama’s “jobs bill” has a slight defect
What was needed were tax cuts to fuel consumer demand. But Obama went on a spending spree instead, wasting vast, unprecedented sums on expanding Government and paying off the unions with a giant grab bag of pork projects. The result is a tidal wave of red ink, without making a dent in unemployment.
Obama's proposed "jobs bill" shows that he has not an inkling of a clue about what it costs a business to add employees, and how those costs have to be paid over future years. Obama thinks it's just like Government hiring, which is not at all the same. But, since he knows nothing about economics and has no experience in the private sector, how would he know?
Obysmal-Pelosi-Reid have created the perfect economic storm, one that is drowning the next two generations in debt, while squandering the accumulated savings of previous generations. The destruction wrought by these people in barely one year is almost beyond belief.
Byron
What was needed were tax cuts to fuel consumer demand. But Obama went on a spending spree instead, wasting vast, unprecedented sums on expanding Government and paying off the unions with a giant grab bag of pork projects. The result is a tidal wave of red ink, without making a dent in unemployment.
Obama's proposed "jobs bill" shows that he has not an inkling of a clue about what it costs a business to add employees, and how those costs have to be paid over future years. Obama thinks it's just like Government hiring, which is not at all the same. But, since he knows nothing about economics and has no experience in the private sector, how would he know?
Obysmal-Pelosi-Reid have created the perfect economic storm, one that is drowning the next two generations in debt, while squandering the accumulated savings of previous generations. The destruction wrought by these people in barely one year is almost beyond belief.
Byron
posted by Byron | Thursday, February 11, 2010
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