“Will a wrecked economy improve? They always do.
Tell that to the Greeks. When you kill the golden goose, there aren’t any more golden eggs. Socialists and Communists have never figured that out, especially the university-educated ones.
“Why Obama Failed”
It has to be the color of his skin, right?
"Inevitable wealth" is the take away for me. Perfect description. Wealth does indeed come from government for the likes of public sector, afffirmative action man Obama.
If most Americans are so convinced that the country is headed in the wrong direction, why cant they see Obama as part of the problem?
See: Bill Ayers
Taxes have to actually be lowered. Of course the rich will get the biggest tax cuts because they already pay for most of what the government does!
Taxes need to be lowered on the "rich" not because of some fairness argument, but because the "rich" are our employers and investors-the engine of all capitalist growth.
Our economy could be fixed relatively soon. A Gingrich/Palin style energy policy would be a good first step. The rescinding of Dodd-Frank, Sarbanes-Oxley, and Obamacare would remove obstacles to credit and capital formation, and tort reform and an overhaul of the tax code could combine to spur unimaginable growth and thus, revenues to the treasury. The biggest plus for wealth creation would come with reigning in the spending.
Would Romney do all of the above? Probably not. But with control of the House and Senate, it's possible to achieve an awful lot.
The economy grows when businesses make profits. With profits, businesses expand and hire more people. The piece of the pie grows larger.
Obama labels profits “greed”. He is an economic illiterate.
Obama failed because SOCIALISM ALWAYS FAILS...
Leftists see the free market economy as a kind of weed that will always grow back now matter how much they hack away at it — like kudzu. Conservatives see it like a fruit tree to be tended to and nurtured.