Monday, September 6, 2010

Another SwindleUS Plan - $50 Billion More

In a desperate attempt to look like he is doing something to address high unemployment in America before the November election, Socialist President Obama has proposed another SwindleUS Plan, even though all the money from the deficit spending trillion dollar SwindlesUs Plan I has not even been spent yet. We have lost count. This new $50 Billion plan may be SwindleUS Plan 4 or 5. And, every time the President proposes a new SwindleUS Plan, it is for the same things listed in the first SwindleUS Plan. Obama is now proposing another $50 Billion for infrastructure like roads, rail lines, airport runways and high speed rail systems. That would all be fine and dandy if not redundant; but to pay for it, Obama wants to raise taxes on oil and gas companies, which will be passed on to consumers in higher energy costs.

Mr. President, let me do the math for you since numbers are obviously not your area of expertise. If the federal government spends $50 Billion on infrastructure projects presumably to create jobs and stimulate the economy and at the same time confiscates $50 Billion from consumers who will be forced to pay higher energy prices, consumers will not have that money to buy other goods and services. The net effect will be no new job creation since one action cancels out the other action. But what will occur is that the average American will experience a lower standard of living as a result of less discretionary income.

This is the reason SwindleUS Plans 1 - 5 have failed to stimulate economic growth and job creation. While certain government and union jobs may have been "saved" by Obama's SwindleUS Plans, few other new jobs in the private sector have been created because higher taxes, more regulation and Obama's HealthScare Plan are all job killers. Other than providing pay-offs to various unions with SwindleUS money, this is all feel good money for Socialists, that never did learn the lessons of history or Economics 101. Job growth must come from the private sector for everyone to win and that will not happen as long as Obama is President.

Companies are sitting on trillions of dollars, rather than making investments that would create jobs because Obama and the Socialists that control Congress continue to enact, or threaten higher taxes and more stifling regulations on business. In addition, Obama's HealthScare Plan, which is leading to much higher cost for medical insurance premiums and CAP & TAX, which will raise the cost of energy are preventing any new investment because of these increases in the cost of doing business. After a miserable 2008-09, companies are being very cautious and preserving cash because of all the uncertainty coming out of Washington.

The economy in the United States will not improve until we sweep these Socialists out of office in 2010 and 2012 and elect 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 winning platform and the only way to restore economic growth and job creation in America. It should be pretty obvious by now that all of Obama's Socialist Schemes are leading to economic disaster.

Most important, we must elect 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 take back our country in 2010 and 2012 to restore economic growth, prosperity and jobs. We can do it. We must do it to preserve our freedoms, our nation and way of life and for the sake of our children and grandchildren.

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