Sunday, August 29, 2010

Obama's Double Dip Recession - Recovery Summer??

Many economists now believe that the United States will experience a double dip recession in 2011. They are looking at all the key indicators, unemployment, gross domestic product, housing sales, foreclosures, bankruptcies and consumer confidence. Since cards talk and numbers that are all going in the wrong direction don't lie, economists are concluding that a double dip recession is near certain. This should be no surprise to anyone who has learned the lessons of Economics 101. Raising taxes and implementing more regulations on business, in addition to higher health care cost, along with the threat of higher energy costs is a recipe for recession if not Depression. And, these are all included in Socialist President Obama economic policies.

In the mean time, Vice President Joe Biden is going around the country speaking about "Recovery Summer" as though all of these economic indicators are positive, rather than negative. What planet is Biden living on? The Vice President continues to tell us that Obama's trillion dollar deficit spending SwindleUS Plan, all the bail out's and Obama's HealthScare Plan have worked beautifully and/or that things would be much worse if the Socialist controlled Congress had not enacted these monstrosities that have done nothing to create jobs. The Vice President must be smoking medical marijuana and/or he must have done drugs during the 60's so his brain is dull because he is clearly delusional, lying, or just trying to spin the message in an election year. Obviously, this will not work.

25,000,000 Americans are either unemployed, under employed working part time, or they have just stop looking for work altogether because they can't find jobs. 3 million jobs have been lost since Obama's SwindleUS Plan was enacted into law. 300,000 houses a month are going into foreclosure. Gross Domestic Product fell to 1.6% for the second quarter of 2010. 3% GDP growth is needed just to keep up with the 100,000 kids coming out of school each month who need jobs, let alone put a dent in unemployment. Bankruptcies are happening all over the US as more and more small businesses close their doors. This is the reality of Obama's failed economic plan.

So now President Obama and the Socialists that control Congress want to raise taxes and raise the cost of energy, which will raise the cost of all goods and services. That is about the dumbest move possible during a recession and it could lead to another Great Depression let alone double dip recession. Of course, many Socialists are proposing more stimulus deficit spending to grow the government even bigger. Are they insane, or just stupid?

Or, is their real goal to cause the complete economic collapse of the United States to precipitate a crisis to grow the government even bigger. As Rahm Emmanuel, Obama's Chief of Staff, is reported to have said, "we should never let a good crisis go to waste". What Emmanuel is talking is about is using a crisis to expand government and gain more control over our lives and even deaths. We all have to stand up and JUST SAY HELL NO when we go to the polls in November.

Socialist President Obama doesn't have a clue how to create jobs. That should be obvious by now. This young, inexperienced President is not qualified to run a corner grocery store, let alone the United States of America. As a Socialist, Obama has not learned the lessons of history, or Economics 101 as he attempts to use tax and deficit spending Keynesian economics to grow the government as his remedy to restore our economy and create jobs. It has never worked in history and why anyone one would believe it will work now is a real mystery.

But, it is not really about economics. Obama's goal is to redistribute income and transform our nation into a Socialist country. Obama wants more people dependent on government like drug addicts are dependent on drugs. When the President talks about transforming America, this is what he really means. Obama assumes those dependent on government will vote for Socialists so this is really just a means of staying in power. Obama could care less if all of this results in a lower standard of living for all Americans, which will be the end result of his Socialist Schemes.

Socialist President Obama is out to destroy the American dream and replace it with George Orwell's 1984, where Big Brother controls our lives. We can't let that happen. To stop Obama and end his Socialist Schemes, we must sweep these Socialists out of office in 2010 and 2012 by electing Conservatives who support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real energy independence and health care reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values. This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation.

Most important, we must take back our country in 2010 and 2012 by electing Conservatives who support the Constitution, as written by our Founding Fathers, not as contrived by the left wing media, Socialists Obama, Reid, Pelosi, former Presidents, Congresses, or the Courts. We must sweep these Socialists out of office in 2010 and 2012. We can do it. We must do it preserve our freedoms, our nation and way of life and for the sake of our children and grandchildren.

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