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

Saturday, June 25, 2011

THANKS OBAMA: FOR ALL INTENTS AND PURPOSES, THE US ECONOMY IS IN A DEPRESSION

Via Doug Ross:

Total payrolls today amount to 131 million, but this figure is lower than it was at the beginning of the year 2000, even though our population has grown by nearly 30 million. [...] Today, over 14 million people are unemployed. We now have more idle men and women than at any time since the Great Depression...
And good news, drones: yesterday, CNBC reported that the employment situation just got worse.

THIS IS AWFUL.

THROW IN THE DESPERATE REALESTATE MARKET AND IT SHOWS AN ECONOMY THAT'S IN DEEP DOO-DOO.

Tinkering at the edges with tax rates - (up or down!), adding regulations, or adding more to our deficit and debt will do nothing to change the deep problems in the US economy.

We need a total overhaul: a flat tax; elimination of all CO2 regs; opening up of all our lands and coasts to drilling; free trade agreements signed; and the repeal of Obamacare.

Ony the most aggressive attack on the burdens weighing down commerce and consumption will stimulate growth and keep us from crashing again.

IF YOU WANT ECONOMIC GROWTH, THEN YOU MUST LIBERATE PEOPLE AND BUSINESSES FROM ANXIETY, FEAR AND DEFENSIVE POLICIES.

RAISING TAXES AND INCREASING REGS - WHICH IS THE LIBERAL PLAN - CANNOT POSSIBLY DO THAT. WHICH IS WHY I HAVE LONG SAID:

TO ELIMINATE POVERTY WE NEED TO ELIMINATE THE LEFT.

IOW: TO MAKE POVERTY HISTORY, WE NEED TO MAKE THE LEFT HISTORY.

2 comments:

Always On Watch said...

IF YOU WANT ECONOMIC GROWTH, THEN YOU MUST LIBERATE PEOPLE AND BUSINESSES FROM ANXIETY, FEAR AND DEFENSIVE POLICIES.

Clearly, Obama has no intent of promoting economic growth. Hell, he's too busy playing golf. And that golf course at Andrews sits in the middle of the crack and powder cocaine "market." Just sayin'.

Pastorius said...

My wife and I are so marginally-employed we refer to ourselves as "semi-retired".