DemPols can’t do the right thing

Fifty-two percent of the voters elected Obama because he was a voice of change, hope, youth, and new ideas.

Now, all he gives us is doom and gloom: the situation is dire, the “recovery will take years, not months,” and “things will get worse before they get better.” This bad-mouthing is obviously to lower our expectations and give him deniability in the next election when our economy is still in the tank. This is not leadership, which we need right now; it is politics, which we do not need. It is no coincidence that every Obama action drives the market down a bit more. All the Republicans and at least some of the DemPols know the ill-conceived stimulus package will not work and that there is only one way to quickly boost the economy: slash personal and corporate taxes and drop the capital gains tax. American corporate taxes are the second highest in the world. One need not be an economist to know we need to allow more funds to stay in the hands of the people who buy goods and the businesses who make those goods and hire the workers to sell them. Not shovel them into the bottomless maw of the greedy government to spend on bridges to nowhere. However, the DemPols cannot cut taxes because they have lied to the public about taxes in every campaign in the past 60 years. They used the time-tested class envy weapon with the phrase “tax cuts for the rich.” It has served them even better than their racism weapon. An ancillary problem is the counterproductive way that Jughead’s scary rhetoric has had on business. Even those that are not in trouble are sitting and waiting to see if the sky is going to fall before they start spending.

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This page contains a single entry by Jim published on February 5, 2009 9:20 AM.

Wanted: moderately honest Democrat politician was the previous entry in this blog.

Pandering to fear is the next entry in this blog.

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