Wednesday, June 17, 2009

Economy to Obama: "I've Fallen and I Can't Get Up!"

Nearly every time I hear President Obama speak he says that there is a huge emergency that we have to fix as soon as possible. We are in a crisis, yes, but we still have the Constitution. It demands that congress deliberate about sensible bills and come to conclusions that are reasonable instead of passing a 787 billion dollar stimulus bill without reading it first, nationalizing huge companies, and destroying our health system through a government takeover. We can't let the Democrats push through a series of unconsidered and haphazard legislation because they don't want to waste this crisis/opportunity.
Additionally, many of the things they are doing or proposing are unconstitutional. Buying car companies, running health care, mandating that people get health insurance. I never saw that in the Constitution. I don't even hear anyone asking if what they are doing is constitutional. We need to start asking that.

Tuesday, June 16, 2009

If Obama Wanted to Fix the Economy He Could

Obama Money
There are many reasons for the downturn that I don't pretend to understand. One thing I do understand is that unemployment is the main problem right now. What could fix unemployment? Capital investment. Employers employ people and create wealth. Not government programs, not "going green" and especially not higher taxes and nationalizing companies. If Obama cut taxes across the board, he would create jobs. It's that simple. Now he said in an interview that he understands this, but that his intent is equity, not increased government revenue through economic expansion. He is willing to have us suffer through this depression so that he can redistribute the wealth in a way which he thinks is equitable. I disagree with his philosophy and methods, and I think by 2012 a majority of Americans will too.