Thread: Is Obama incompetent or purposely ruining the economy???
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Old 03-11-2009, 09:41 AM
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Quote: Originally Posted by Dorkazoid_Jones View Post
When business is way way down, why would you slow it down even further by increasing government spending which ultimately means higher taxes? If you take money out of the consumer pockets, there is less spending and a slower economy. If you tax business with things like a "wind fall profit tax" against oil, they will explore less and oil prices will increase. If you socialize medicine and try to cap profits on pharmaceutical companies, you will decrease incentive to invest in cures in things like cancer. Is Obama a moron or is purposely trying to ruin the economy for his socialist agenda?????????????
He's definitely not the sharpest pencil in the drawer, but I believe he is trying to do what he thinks is right. Unfortunately, it's wrong. Deep down, however, he wants the government to play a bigger roll in everyone's lives so the ultimate goal is a move towards Socialism. (We're almost there, so he doesn't have to do much.)
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