Posted on 09/12/2012 5:04:41 AM PDT by SeekAndFind
The stakes in the coming election could not be higher. While crystal ball-gazing always is hazardous, the trail America's economy would follow, should President Obama's re-election effort succeed, has already been blazed. Naturally, the media will tell you none of this.
The upcoming election, despite the best efforts of the Obama campaign, the mainstream media, and various polling firms, is going to revolve around two questions: are you better off than you were four ago, and what is the future going to be if Barack Obama is re-elected? The Obama team is attempting to finesse the first question by obfuscating the second. They claim that their policies have begun to work, and, given a second term, life would redeem the promises Obama made in 2008.
A discussion centered on what the future will bring can be confusing and arcane. The Democrats rely on an emotional argument tied into the cult of personality surrounding Barack Obama, essentially stating that because their motives are pure and they have historically been for the "little" guy, they should be trusted when they say that their plans will be best in the long run. The Republicans and conservatives, on the other hand, too often rely on cold, hard facts and figures, which oftentimes succeed only in making them appear impersonal and pedantic, spouting numbers which cause the eye of the average voter to glaze over with confusion.
Further playing into the hands of the Obama cabal is the sense among far too many Americans that the worst could never happen here. This nation has experienced unprecedented prosperity for over 66 years, with only a few minor hiccups along the way. It is extraordinarily difficult to accept that today, America is living on the residue of its past economic achievements and facing a bleak future
(Excerpt) Read more at americanthinker.com ...
RE: Reagan never “gutted” spending, though he had a deal with Tip O’Neil to decrease spending in exchange for some tax increases (O’Neil lied).
Papa Bush did the same thing when he broke his “Read my lips” pledge. Result: Tax increase, no decreases in spending. See a pattern here?
He could not “gut” spending but he did reduce government costs on business sufficient to ignite a 25 year boom. I don’t think the next administration/Congress can kick off a boom without sharply curtailing entitlements, not just cut the rate of increase, not just decrease payments, but eliminate them. Sharply decreasing regulatory costs o business this time around is probably sufficient to make the USA more competitive with Europe but no yet with China because the tremendous entitlement -”safety net” costs are also onerous costs on business in the USA because they remove resources from capital investment.
BTTT!
The orders placed against my plant are for domestic china consumption as service parts for an existing installed base. It is not being resold.
They are placing orders for service parts that are for use in China and they are planning for a shortage of availability of parts. These orders are for two years of demand with the orders to be filled ASAP, leaving the US with zero balance to service the installed base here and a 12 week lead on many of these items which are US sourced.
Why would you take on two years demand for service parts if you were not expecting a shortage of supply?
Sounds like they might be stockpiling in case of war.
Maybe they will hit Taiwan before Obama leaves office?
What would he say in his apology statement?
"leaving the US with zero balance to service the installed base here"
Romney will have a republican House and probably Senate as well--he will have absolutely no excuse not to submit a responsible budget and expect it to be passed.
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