Search This Blog

Thursday, February 24, 2011

Obama vs. the Job Creators

Obama vs. the Job Creators
I don’t get it.  I understand how a young person can be radicalized by leftist professors in college.  I can even understand how some really nutty congressmen, in the face of all evidence to the contrary, cling to the belief that socialism really works.  But how can a man as smart and educated as Obama really believe that raising taxes on the job creators will spur economic growth?

Where is the evidence that raising taxes has ever spurred economic growth?  Who are the so-called rich who he wants to tax and tax and tax?  A very large group of them are the job creators.  After all, the strength of the American economy is small business.  And most small businesses are subchapter S corporations.  

What is a subchapter S corporation?  It is a corporation where all the income and bills flow through to the businessman or woman who created the business.  He or she pays taxes directly on corporate profits.  When Obama says he is going to squeeze the rich, he is primarily squeezing the life out of America’s small business community.  He’s not just raising taxes on some group of people who have accumulated wealth, or people who run publicly held corporations, he is punishing the segment of the economy that creates American jobs.  He is attacking the folks that employ the vast majority of working Americans.

It may make a good sound bite, but taxing the so-called rich simply destroys jobs.  It’s good Marxist dogma, but stupid economics.  And there is no empirical evidence whatsoever that it works!  None.  It may be appealing in the classroom, but taxing America’s job creators is like filling your gas tank with water.  When you do that your engine will sputter and then die and the same thing will happen to the American economy if we keep raising taxes on America’s job creators.

I don’t know how the President could say in a recent news conference that “Government, like the American people, must live within its means.”  This, coming from the President who has squandered and wasted more money and created more debt than all the Presidents who came before him from George Washington to George W. Bush?

Our economy is teetering on the brink of economic collapse because President Barack Obama (with eager help from Pelosi and Reid) has spent our children’s and grandchildren’s future.  Trillions have been wasted on silly green jobs projects which actually destroy jobs.  Trillions have been used to bail out union employees.  Billions have been spent taking over banks and businesses that should have been left to survive or fail in the marketplace.

Liberals have no faith in the marketplace.  They say that success in the marketplace is just a matter of luck.  When they say they have no faith in the marketplace they are really saying that they have no faith in the millions and millions of decisions made by free Americans to purchase and sell what they want, where they want, and when they want.  Liberals believe in government deciding what we wear, what we eat, what we drive, where we live, and what we can listen to.  Liberals believe in a few select elite making decisions for you instead of you making decisions for yourself.  It’s as simple as that.

Liberals prattle on about the masses, but they don’t care about people.  They only believe in themselves and they seek power over others.  They are guilty of the original sin in the Garden of Eden, wanting to be like God.  That leads to the sin of being jealous of those who are more successful than they are.  It leads to the sin of pitting white against black, the sin of setting female against male, the sin of stirring up dissent between the worker and the employer, the sin of dividing America between poor and rich, and the sin of setting the young against the old.  It is pure Marxism and it is morally, ethically, and practically wrong.

Let us hope and pray that the Republican majority in the US House of Representatives will stand firm in their resolve to stop all wasteful spending and bring the country back from the brink of disaster.  And let us also hope that the American people will be fooled no more and that regardless of the bias of the news media, the true American ideals of limited government, individual responsibility, and traditional morals will triumph in 2012.

No comments:

Post a Comment