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March 2, 2009
Wrong hope, wrong change (Updated)
Topics: Political News and commentariesReason and logic from Rick Ackerman that points to the wrong kind of hope and change coming from the Administration; "Those who voted for Hope and Change should have enough of both by now to last a lifetime":
[...] President Obama's plan threatens to put the economy in a wallow that could last for decades. Tax the "rich" who make more than $200,000 per year, and you tax the entrepreneurs who create most of the country's jobs. If there are any significant incentives in this bill for small businesses, we have yet to hear about them. In fact, by attempting to grow the federal health-care juggernaut at the expense of small businesses, the fiscal package will only hobble them, and badly.The spending spree started by the Bush administration is now being taken to exponential heights by Obama and the Democrats in Congress in pursuit of their socialist/anti-capitalist agenda to an extent that America is unlikely to recover - ever. An indicator of just how bad things will get is coming from the market as Americans watch their retirement funds disappear: Stock futures indicate Dow to fall below 7,000. To say that the market lacks confidence in Obama's plans is an understatement.[...] how could a plan that purports to stimulate the economy have overlooked the entrepreneurs who are the lifeblood of American prosperity? A logical answer is that the stimulus package is deliberately anti-capital, a vengeful and self-destructive act against every GOP president since Reagan. To the extent this is so, it could be a long, long time before the economy shows any signs of returning to health.
Posted by Hyscience at March 2, 2009 8:53 AM
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- Wrong hope, wrong change (Updated) - Mar 02, 2009
