Investor's Business Daily Hits the Obamanomics Nail on the Head

PLYMCO_PILGRIM

Gold Member
Jul 3, 2009
17,416
3,063
183
America's Home Town
investors business daily said:
Obamanomics has done more than just keep unemployment high during a modest recovery. It may also be keeping high joblessness permanent by raising the costs to businesses of hiring new workers. July's 9.5% unemployment level was bad enough. But the real problem is that the private-sector jobs machine, which is usually going full tilt at this point in a recovery, now seems to be broken. To many, it's becoming clear that if President Obama's radical job-killing agenda stays in place, job growth will be nonexistent. One of America's great advantages has always been its flexible, private-sector labor markets. From 1985 to 2008, U.S. unemployment averaged 5.6%. For the six largest economies in the European Union, the average rate was 34% higher, at about 7.5%. Yet many of those countries now have jobless rates lower than ours. Why? They've been dropping Keynesian stimulus as a strategy and moving more toward cutting spending and, in some cases, cutting taxes. Not Obama. He and Congress remain wedded to an outdated economic model that replaces the private sector's animal spirit and dynamism with the dead hand of government bureaucrats and their unions as the main economic forces in our country. That's what last week's $26.1 billion state 'bailout' was all about. We were told it was to keep teachers from being laid off and 'for the children.' In reality, it was a cynical taxpayer-funded payback to teachers' unions, which gave Obama and his party enthusiastic support and millions in donations in the last election. This is Obama's New America -- a government-run economy, with special benefits for unions and plenty of government jobs, but few private ones.
Jobbed In America - Investors.com

It took Europe decades but they are finally figuring out what we seem to be forgetting over here.

That article was a good read.
 
It's not enough to take the gavel from Nancy's hand and make her step back from the podium.

We must dedicate ourselves to sitting on top of the historic Republican majority and have them reform Obama's agenda to death and I'm not fucking kidding about this either.
 
You mean the Europe with generous retirement plans?
Lots of vacation for employees?
socialized health care?
high tax rates?
And environmental regs that make ours look wimpy?
 
Last edited:
Yes...Also the same Europe that is keeping dirt poor African farmers dirt poor with their xenophobic ag subsidies.

The same Europe whose EU and Eruo currency are coming apart like a sand castle at high tide.

The same Europe whose stupid cap-n-trade scam has killed business and economic development.
 
You mean the Europe with generous retirement plans?
Lots of vacation for employees?
socialized health care?
high tax rates?
And environmental regs that make ours look wimpy?

Yes and it screwed their countries over financially and now they are coming around to the way we used to do things last century, before bush and obama.
 
You mean the Europe with generous retirement plans?
Lots of vacation for employees?
socialized health care?
high tax rates?
And environmental regs that make ours look wimpy?

Yeah Europe where there is no desire to achieve because the govt is going to spread the wealth. No reason for advancement in any area because you may make a bit more by coming up with something that helps people or the people could use but why bother. There will be no monetary reward. They will share that wealth with someone who sits on their ass and watches the telly. He will have the same as you. How great that must be.
 
You mean the Europe with generous retirement plans?
Lots of vacation for employees?
socialized health care?
high tax rates?
And environmental regs that make ours look wimpy?

the SAME Europe that YOU AREN'T ABOUT TO MOVE TO,

'cuz it SUX!

Either that?

Or, bye! See ya!

Sure ENOUGH wouldn't want to BE YOU...



Say WHAT?!?

YOU're still HERE?

In this land of deprivation,

and SHIT?!?

PUSSY.

No courage behind YOUR convictions?

What a shock.

Well, and I suppose you can't scrape together AirFare to make it, there, ONE WAY.

Cripes.

Loser, with that Big Capital L.
 
Last edited:
investors business daily said:
Obamanomics has done more than just keep unemployment high during a modest recovery. It may also be keeping high joblessness permanent by raising the costs to businesses of hiring new workers. July's 9.5% unemployment level was bad enough. But the real problem is that the private-sector jobs machine, which is usually going full tilt at this point in a recovery, now seems to be broken. To many, it's becoming clear that if President Obama's radical job-killing agenda stays in place, job growth will be nonexistent. One of America's great advantages has always been its flexible, private-sector labor markets. From 1985 to 2008, U.S. unemployment averaged 5.6%. For the six largest economies in the European Union, the average rate was 34% higher, at about 7.5%. Yet many of those countries now have jobless rates lower than ours. Why? They've been dropping Keynesian stimulus as a strategy and moving more toward cutting spending and, in some cases, cutting taxes. Not Obama. He and Congress remain wedded to an outdated economic model that replaces the private sector's animal spirit and dynamism with the dead hand of government bureaucrats and their unions as the main economic forces in our country. That's what last week's $26.1 billion state 'bailout' was all about. We were told it was to keep teachers from being laid off and 'for the children.' In reality, it was a cynical taxpayer-funded payback to teachers' unions, which gave Obama and his party enthusiastic support and millions in donations in the last election. This is Obama's New America -- a government-run economy, with special benefits for unions and plenty of government jobs, but few private ones.
Jobbed In America - Investors.com

It took Europe decades but they are finally figuring out what we seem to be forgetting over here.

That article was a good read.

A pile of dog shit... the only cynic is the UN NAMED author. This is nothing more than a call for more tax cuts for the rich, which have created ZERO private sector jobs over the last decade.

"The definition of insanity is doing the same thing over and over again and expecting different results"
Albert Einstein

A cynic is a man who knows the price of everything but the value of nothing.
Oscar Wilde
 
You mean the Europe with generous retirement plans?
Lots of vacation for employees?
socialized health care?
high tax rates?
And environmental regs that make ours look wimpy?

Yeah Europe where there is no desire to achieve because the govt is going to spread the wealth. No reason for advancement in any area because you may make a bit more by coming up with something that helps people or the people could use but why bother. There will be no monetary reward. They will share that wealth with someone who sits on their ass and watches the telly. He will have the same as you. How great that must be.

No desire to achieve in Europe?
Bollocks.
that must be why no one goes to college in Europe and why their workforce is so substandard?


LMAO.
 
You mean the Europe with generous retirement plans?
Lots of vacation for employees?
socialized health care?
high tax rates?
And environmental regs that make ours look wimpy?

the SAME Europe that YOU AREN'T ABOUT TO MOVE TO,

'cuz it SUX!

Either that?

Or, bye! See ya!

Sure ENOUGH wouldn't want to BE YOU...



Say WHAT?!?

YOU're still HERE?

In this land of deprivation,

and SHIT?!?

PUSSY.

No courage behind YOUR convictions?

What a shock.

Well, and I suppose you can't scrape together AirFare to make it, there, ONE WAY.

Cripes.

Loser, with that Big Capital L.

Loser? Me?
I think not.
Why would I want to move to europe?

I am really confused by your reply.
Could you please be more specific?
 
You mean the Europe with generous retirement plans?
Lots of vacation for employees?
socialized health care?
high tax rates?
And environmental regs that make ours look wimpy?

Yes and it screwed their countries over financially and now they are coming around to the way we used to do things last century, before bush and obama.

Anyone have a comeback, with facts and links, to disprove this?
 

Forum List

Back
Top