Wednesday, January 27, 2010

Obama - The Real State of the Union

As usual, President Obama gave a very nice and long State of the Union speech. Obama touched on all the Democrat Socialist Schemes that are the foundation of his ideology. But the reality is that according to the Heritage Foundation, 7.7 million Americans have lost their jobs since Obama was elected President. Obama's SwindleUS Plan, which was nothing more than a big tax and spend pork barrel, tub of lard and reward to all of Obama's PEEP's, has been a complete failure. Obama promised a cap of 8% unemployment if the SwindleUS Plan was passed and it went above 10%. So now, in spite of this failure, President Obama is proposing SwindleUS II, a new multi-billion "jobs bill" that will just be more of the same and another big failure.

President Obama just does not get it. History proves that more government spending does not lead to more prosperity. In fact, it leads to increased deficit spending and less prosperity. If the truth was otherwise, the Japanese would not have experienced the lost decade when they spent billions on infra structure and the end result was higher unemployment and little economic growth. Further, Franklin Roosevelt's New Deal, which was all about government spending, did nothing to end high unemployment throughout the 30's. Keynesian economics may be "feel good economics"; but it does not work.

President Obama is committed to his big government Socialist ideology. Since the President and most Democrat Socialists have never worked in business, they do not have a clue what it takes to create jobs. And, rather than fighting an aggressive war against our enemies, Islamic Fascist Terrorists, Obama is at war with American business and the private sector. Obama continues to propose higher taxes and more regulation on business as a punishment for success. What seems to be lost in the translation is that every dollar that the government takes from the private sector is a dollar not available to create jobs. Further, prosperity and economic growth can only come from a healthy and vibrant private sector that employs most Americans. There is no other way.

Even in light of significant electoral defeats in Massachusetts, New Jersey and Virginia, President Obama remains defiant in defending his Socialist Big Spending Schemes. What Obama seemingly does not understand is that most Americans see government as the problem not as the solution as proclaimed by Ronald Reagan. We are a center right country with religious values. We want government out of our lives rather than intruding in all aspects of our daily living. The best thing that could happen is significant cuts in government spending and bureaucracy.

Unfortunately, President Obama and the Democrat Socialists that control Congress are prisoners of their left wing ideology. As such, they will continue along the same path that is retarding job growth and real economic recovery. To achieve real economic recovery and growth, the Bush Tax cuts, that will expire this year, should be extended for at least three more years. Corporate income taxes should be reduced from 35%, about the highest in the world, to 25% to keep more jobs in the US. We need a 50 year plan related to Energy independence that includes developing nuclear power, natural gas, clean coal and oil drilling in the United States, all as a bridge to future green technologies. We need tort reform to stop all the frivolous law suits that do nothing but kill jobs. We must reign in public employee unions and bring their compensation and benefits in line with what is common in business. And finally, we must eliminate many government agencies to reduce spending and STOP all the deficit spending that is bankrupting our country.

President Obama has proposed a "freeze" on discretionary spending of about $250 Billion over the next ten years. This is peanuts; but even so, this "freeze" will not start until 2011 if it ever starts at all. This is a joke that amounts to nothing as we face $10 Trillion in deficit spending over the next ten years if the Obama trajectory continues. And, this does not include the $12.3 Trillion already on the books and the $100 Trillion in unfunded liability for Social Security, Medicare, Medicaid and government pensions. We just can't let this happen. The US Senate just voted down a Blue Ribbon Commission that was supposed to focus on deficit reduction. Clearly, Democrat Socialists are like drug addicts on heroin. They are hooked on tax and spend as an addiction. We The People have to do a crisis intervention by throwing them all out office sooner than later.

We have to take back our country in 2010 and 2012 by electing Conservatives committed to reducing taxes and regulations, a balanced budget, a strong national defense that includes aggressively fighting Terrorism, real energy independence, the sanctity of life and family values. We can do it. We are going to do it.

P.S. Watch Republican Governor Bob Mcdonnell of Virginia, who gave the response to Obama. McDonnell could very well be a Presidential candidate in 2012.

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