It is becoming ever more apparent that U.S. President Barack Obama’s socialist-minded policies are having the opposite of the intended effect on the economy and your local community. Have you noticed? Gas prices are rising steadily. Property taxes are increasing. Nuclear reactor construction remains stalled (how’re we going to power all those electric cars?). Off-shore drilling is non-existant (how’re we going to get to work now?). Unemployment is just about touching 10%. Iran and North Korea are going nuclear (our foreign policy is non-existant). China might dump our debt (our AAA rating is in question). Mortgage rates are jumping higher.
Obama’s promise to help the common American get through this recession has not only been unfulfilled, Americans are in a much worse position than if Obama had just left the free market to cope with the downturn on it’s own. We now depend on foreign governments to carry our debt burden which is becoming a harder sell due to fears of inflation. As inflation rises, so must the rate of return on our debt. This has a direct effect on all Americans as our rates will increase, our funds will become constricted and we will not consume as much as we traditionally have in the past.
What is required is Reaganomics 101. Lower taxes immediately to help every American consumer and every American businessperson. Lowering taxes will ignite consumption, and incentivize the small business owner and potential entrepreneur to grow their business and HIRE citzens. The federal government can not and should not be in the career building business for it can’t hire 90+% of Americans.
Through the incentivization of private business will come the job stabilization we require as a nation. Like a good investor, one should hedge their risk across a multitude of institutions. As taxpayers, we demand the we diffuse our investment in the form of corporate incentives to hire and grow, not consolidate our taxes into one single federal government.
Loading ...