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.

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