"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Tuesday, July 13, 2010

OBAMA'S FOUR HORSEMAN OF THE ECONOMIC APOCALYPSE: INCREASING TAXES, REGULATIONS, COSTS AND UNCERTAINTY


KRAUTHAMMER VIA NRO:

There are three major areas a corporation, small or large, has to worry about: health-care costs, energy costs, and the cost of money.

In each of these, the administration either has or is planning regulations worth thousands of pages which are going to raise costs, as we know, but also are going to interact in ways that nobody understands and that are going to create uncertainty.

If you‘re trying to figure out who you‘re going to hire and how many, and you have no idea if you’re going to be able to afford the extra health-care costs, you‘re not going to hire.

With energy and cap-and-trade, you know it’s going to increase the cost of energy.

And with the cost of money, the financial regulations are not just going to affect the big banks, but this consumer agency — so-called — is going to involve itself and regulate every kind of lending from auto dealers to shirt-makers.

So in every area, there‘s going to be an increase in uncertainty.

You know there’s going to be an increase in regulation.

And when you don't know what’s going to happen, you don't invest. [That's why] we are having a capital strike.

MORE REGS AND MORE TAXES CAN NEVER REVIVE AN ECONOMY.

IT'S INSANE TO THINK THEY CAN.

YET THAT'S WHAT THE DEMOCRATS WANT.

IN FACT RAISING TAXES, REGULATIONS, COSTS AND UNCERTAINTY ARE THE FOUR HORSEMAN OF ECONOMIC APOCALYPSE - AND THEY'RE COMING COURTESY OF OBAMA AND HIS COMRADES.



WE CAN STOP OBAMA AND HIS FOUR HORSEMEN THIS NOVEMBER: VOTE GOP!

2 comments:

Ron Russell said...

This post nails it. Sometimes I think Obama wants to destroy the economy and then declare some kind of national emergency and impose sweeping powers. Linking to this at several of my blogs.

Always On Watch said...

A genius of a post.

Tweeted and in my bank of references there.