Posted on 07/16/2009 5:36:34 AM PDT by reaganaut1
You don’t produce wool by skinning the sheep. But that seems to be the present strategy to get small businesses to begin hiring, buying, and expanding.
There is apparent surprise among Obamians that unemployment has soared the last six months. The much-anticipated stimulus sputtered, and there is a sense of bewilderment in the administration about why joblessness and economic growth are stagnant after the government injected trillions of dollars into the system.
Perhaps the Obama administration needs to remember the psychology of business. After the shock of the September meltdowns, the natural reaction of anyone whose livelihood relied directly on markets was to conserve, pull in one’s horns, and ride out the mess. To restart the paralyzed economy called not just for printing money, but also for words of encouragement to businesses that their assets would be safe, interest rates would be stable, and their work would lead to greater profits.
Instead, exactly the opposite message was sent in a time of crisis. Take first the “spread the wealth” rhetoric. The impression created in the last half-year is that business is culpable for the new mess, while unions and the general public are victims who need relief from the greedy.
Everyone is angry at the Masters of the Universe on Wall Street, but under Obama ironies abound: Banks and investment houses, whose recklessness largely caused this problem, have been lumped in with the small-business person as the kindred “wealthy” who make over $200,000 a year. The family dentist, neighborhood contractor, and owner of the local insurance firm feel neither wealthy nor culpable in the fashion of AIG or Lehman Brothers. If one wishes to stimulate the economy, it makes no sense to conflate productive small businesses with financial-sector zillionaires as enemies of the people.
(Excerpt) Read more at article.nationalreview.com ...
This is because BO and his coven of professors have never run anything but their mouths.
The founders should have stipulated that no one who has not proven to be successful at running a business or a farm should be eligible to run for office. You can’t run the country if you haven’t run a lemonade stand.
There are two camps on the left: those that are bewildered by lack of progress with stimuli, and thinking if that didn’t work, then it wasn’t enough, and we need more. Then there are those on the left that are not bewildered by lack of progress, see it as a no-brainer, and opportunity to move furthur to the left by claiming it wasn’t enough, and we need more. The two combined camps will get together, claim it wasn’t enough, and decide we need more.
The government didn't inject trillions of dollars into the system. They sucked trillions of dollars out.
I suspect a lot of that money will go into the black market and disappear into Central and South America.
Just a partial list. More at the link: http://www.freerepublic.com/tag/victordavishanson/index
Let me know if you want in or out.
Links: FR Index of his articles: http://www.freerepublic.com/focus/keyword?k=victordavishanson
His website: http://victorhanson.com/
NRO archive: http://www.nationalreview.com/hanson/hanson-archive.asp
Pajamasmedia: http://victordavishanson.pajamasmedia.com/
I’m sure you’re on the ping list, but just in case. This essay, and the earlier one titled “The War Against the Producers” really lay out why small business job formation, typically the engine for economic growth in this country, will be non-existent for the foreseeable future.
I think you are being too charitable, assuming that the situation is a result of their ineptitude. They aren't failing. They are pursuing their agenda exactly as they said they would. In order to increase the size and dependancy on government, it is necessary to minimize and cause hardship on the individual.
Confiscatory taxes on small business will cause the reduction and eventual elimination of small business. The fascist regime is using 'bailout' money to take control of large industry and finance, but that won't work for small business. Too much of small business is privately or family owned and can't be bought with stimulus dollars. So the alternative is to tax them out of existance.
In the short term this will create greater revenue for the regime to use in taking over other large corporations. In the long term, this will eliminate competition with the new government entities, and cause many more individuals to become dependant on government for their subsistance.
This is truly about skinning all of us. It seems that the path taken by our fascist regime is not one of ignorance, but of calculated fraud purposely undertaken to pursue their agenda.
Thanks for the ping.
The two combined camps will get together, claim it wasn’t enough, and decide we need more.
We only need to look at the public school systems for proof that ‘more money’ is always and only the plan for correction of the problems caused by horrible management, not by lack of funds.
If “black market” meant Obama himself, Charlie Rangel, William Jefferson, Franklin Raines, Maxine Waters, NAACP, New Black Panther Party, Jesse Jackson, Rainbow Coalition, Al Sharpton and ACORN, you would be correct.
L
“I went to Canada to make my movies to avoid paying union workers the wages I support,” Michael Moore.
Eventually we will be like the North Koreans, eating grass and the bark off of trees and praising Dear Leader. Glad I'm old and won't be around to see it.
Hitler smiles, the Nazis are winning.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
