[IbJensen]

The Obama address from the Oval Office was typical ideological clap trap. The amount of energy from wind turbines is currently less then the output of one oil well.

What you observed when Obama went into his speech was a hatred of real businesses who actually create jobs in preference to imaginary businesses which may never exist.

Alternative energies are much more expensive then oil and natural gas and with our current economic state are not affordable to the levels the President mentioned.

Ludwig Von Mises stated, "All easy credit ends badly."

We are living that statement now and it was all to perfectly predictable.

Ironically, the socialists inside the beltway never practice sound economics. They simply want to buy your vote with your money and you eventually get less then your vote is worth while being charged 10 tens over.

In short, Washington is a city of sleaze. And the effects of central economic planning will be visible by September as unemployment continues to creep up.

Obama will blame it on everyone but his idiotic economic policies. The public will blame it on him and the U.S. Congress.

Perhaps we will see a message to Congress. But it doesn't matter.

The economy will continue to deteriorate as individuals and the business community continue to operate in fear of what's to come next.

All central economic planning ends badly.

[Sudetenland]

"Both speeches reveal a man who quite expressly thinks economic growth and prosperity are created by more government spending, higher taxes, and more regulation, and who can't imagine how anyone else could think differently."

Never truer words have ever been spoken! This guy just doesn't get America.

[ripley]

“All central economic planning ends badly.”

Not when all these brilliant, really-really smart, intelligent, bright, all-knowing, superbly magnificent,
highly-evolved, superior human beings figure everything out and declare that they are the ones for whom the human race has been waiting.

They are so brilliant, so intelligent, so filled with knowledge, that they are able to operate, collectively, like the most advanced computer ever devised, perfectly advancing humanity to utopia.

Everyone else is a bible-thumping, gun-loving, knuckle-dragging moron.

/S/

IMHO

[1234]

pls., how can a keyword for this article be birthcertificate? does word OR subject appear ANYWHERE in article?

[uncbob]

With federal deficits and borrowing sucking over $3 trillion out of the economy in President Obama's first two years, no wonder small and medium businesses can't get loans and capital to create jobs.

Reagan was at a low approval rating in his 2nd year due to a bad economy ( thank you Jimmy Carter )but he had instituted the correct economic policies, Reaganomics, to cure the problem and asked Americans to be patient till they kicked in --which they most certainly did.

The fool we have in office now has instituted policies that will NOT work and will make things worse

He and his cronies are in for very rough sledding

[driftless2]

"central economic planning"

In other words: socialism. Socialism turns people into children. Capitalism forces people to act like adults.