Monday, July 11, 2011

Socialist President Obama Is No Ronald Reagan

Socialist President Obama is no Ronald Reagan.   While both Presidents faced bad economic times when they came into office, Obama implemented Keynesian Socialist economic policies and trillions in deficit government spending as the remedy, much the same way that Socialist President Franklin Roosevelt did during the Great Depression with the New Deal.   The end result of both Obama and Roosevelt's Socialist Schemes was and is high unemployment and a huge addition to the National Debt.   Both Obama and Roosevelt failed to restore economic growth and job creation in America.   Unemployment throughout the thirties never went below 10% and was as high as 25%.   We know now that Roosevelt's New Deal actually prolonged the Depression just as Obama's Socialist Schemes have prolonged the Recession.   It was World War II that actually ended the Great Depression, not the New Deal.

After Obama added $5 trillion to the National Debt in the last few years, to take care of his PEEP's, the 50% of Americans paying no income taxes at all, those on the dole, government union employees,  other big union supporters and favored industries, GDP is growing at around 2% a year.   We have an official unemployment rate of 9.2%; but real unemployment is about 17% when all are counted, including the unemployed, the under employed working part time that want full time work and those that have simply given up looking for work.   There are about 25 million Americans in these categories, many of whom have lost their homes to foreclosure.  It is important to note that when Obama took office official unemployment was at 7.2%.  Obama brags that he has added about 2.5 million new jobs, when in fact, 2.5 million more jobs have been lost since he began his Presidency.   Socialist tax, spend and regulate Obamanomics is a proven JOB KILLER.

By contrast, Ronald Reagan faced unemployment of about 10% when he took office after the Carter years.  The recession during Reagan's times, that started in July, 1981 lasted almost as long as the December 2007 downturn (16 months versus 18 months) and produced higher peak unemployment of 10.8% versus 10.1%.   However, during the first two years of the Reagan Recovery, total employment grew  by 7.2 million new jobs.  The unemployment rate fell from 10.8% to 7.2%.   In addition, while GDP growth during Obama's two plus years in office will average an anemic 2.69%, GDP grew by 6.65% during Reagan's first two years in office.

Ronald Reagan brought us "Morning In America" by cutting taxes and regulations and by unifying our people.   Reagan did not practice Class Warfare in an attempt to win elections, dividing our nation, into US versus THEM, as is the case with Obama.   Let's face it, Socialists can't win elections any other way.  Reagan recognized that a rising tide raises all boats, the same way President Kennedy did when he cut taxes.  Reagan implemented pro-growth supply side economics based on the Laffer Curve that predicted that revenues to the federal government would actually go up if taxes were lower, rather than  higher, and that is exactly what happened.  

In doing so, Reagan also broke the back of inflation so Americans also had more buying power with every dollar.  Unfortunately, the Socialists that controlled Congress at the time spent all the new tax revenues that came in plus 50% more adding to our National Debt.     To get higher Defense Spending that ultimately ended the Cold War, which was badly needed after Socialist President Jimmy Carter hollowed out our military, Reagan had to make a deal with the devil, the Socialists in Congress led by Speaker of the House Tip O'Neil, to fund both Defense and Socialist welfare schemes.  

Nevertheless, Reagan's approach succeeded in restoring economic growth and creating millions of new jobs.   Obama's Socialist economic policy has been a complete failure resulting in higher unemployment, slow economic growth, inflation and a lower standard of living for the American people.   Cards talk and numbers don't lie.  History is history.   Socialist President Obama is no Ronald Reagan, which is another reason we must make Obama a one term President in 2012 and also sweep his Socialist pals out of Congress in 2012 and 2014.   These characters are destroying and bankrupting our country.   

WE THE PEOPLE must stand up and say ENOUGH by electing Conservatives that support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real energy, education 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 that are the foundation of our nation.  This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation in America.

We need to take back our country by following the Ronald Reagan formula and rolling back 100 years of failed Socialism.   We have to sweep Obama and other Socialists out of office in 2012 and 2014 because they represent a clear and present danger to our nation and our people.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  Ronald Reagan is looking down from heaven as we struggle to secure our nation and our freedom.  Reagan is with us; that's for sure. 

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