Thursday, August 18, 2011

Obama's Department Of Jobs - A Goofy Idea

Obamanistas are beginning to panic because every Keynesian, big spending Socialist Scheme they have tried to create jobs has failed.  Obama's campaign managers know that if the economy does not turn around in the next 6 months, Socialist President Obama will be a one term President.   So Obama has announced that he will unveil a new, old news Socialist plan to create jobs after Labor Day.   Of course, Obama must go on vacation first for 10 days to Martha's Vineyard, that playground for the left wing, rich and famous in Massachusetts.   The real reason we are not hearing about Obama's "new" plan is that the President hasn't figure it out yet.  In fact, as Donald Trump has said, "our President is grossly incompetent, he does not have a clue what he is doing".

In the latest rumor, the Obama Administration is thinking about creating a Department of Jobs just to look like they are doing something.  The fact that we already have a Department of Labor and Department of Commerce apparently doesn't matter to Obamanistas that are desperate to take action, any action, even though creating another redundant bureaucracy is ridiculous.  Here are the facts.   Manufacturing jobs that have gone to Asia are never coming back because the cost to manufacture goods overseas is about a fifth what it cost in the US and corporate income taxes overseas are less.  Back office knowledge jobs that have gone to India are never coming back because the cost is about a third what it cost to produce that work in the United States and those off shore employees do not figure into US Corporate income tax formulas.   Big accounting firms are doing US Tax Returns in India for a fourth the cost in the US.   That will not change any time soon. 

As such, there are only two major industries that can restore economic growth and job creation in the US because the jobs must be done in the United States.   With 75 million Baby Boomers retiring at 10,000 a month, the health care field will continue to grow jobs for the next 20 years; but that growth will be retarded by ObamaCare, the Socialist Scheme that is a job killer.   As it is now, many doctors will not take Medicare patients because government reimbursements are so low that providing care would cause a huge loss.   ObamaCare is closing down the Medicare Advantage HMO Program, which is a free market solution to providing medical care that works.  

Obama and his Socialist pals in Congress do not understand the benefit of limiting the government's liability by paying a premium on behalf of a Medicare recipient, which is the basis of the Medicare Advantage Program.  Yes, insurance companies may make a 6 - 8% pre-tax profit; but they are in business to control cost and oh by the way insurance companies pay income taxes on this profit.  Closing down the Medicare Advantage Program is about as dumb as it gets; but then Socialists never studied Economics 101.  Instead, they studied Karl Marx Das Capital, the Communist Manifesto.   So while Health Care should be a logical growth industry for years to come that for the most part cannot be off shored, it will not happen as long as ObamaCare is still the law of the land.

The second industry being destroyed by Obamanistas, that could grow millions of jobs in the United States, if the government would just get out of the way, is the energy industry.  The Environmental Protection Agency, Obama's Gestapo is doing everything it can to close down carbon based energy sources and to stop the development of nuclear energy.   We need a ten year plan to make the US energy independent and it must include the development of oil, oil shale, natural gas, clean coal, nuclear energy, bio fuels, wind and solar.   States like Michigan, Ohio, Pennsylvania, Texas and others are sitting on oil shale that could be developed easily; but it will not happen as long as Obama is in office because the environmental wackos will stand in the way.  
We have to do it all, related to energy development in an environmentally sound way and if we did, it would create millions of high paying jobs in the US.   If Obama remains in office, it just won't happen and we will see a lower standard of living in our country because we need cheap energy to grow our economy.   By the way, the largest solar manufacturing company in the US has filed bankruptcy because that technology is not feasible today without huge government subsidies. 

After Labor Day, Socialist President Obama will announce his "new", old plan to restore economic growth and job creation.   Obama will play the class warfare card calling for higher taxes - a real job killer.  Obama will propose another big government, deficit spending SwindleUS Plan to build infrastructure, even though Obama's first deficit spending, trillion dollar SwindleUS I, II and III plans were a complete failure and just added to our National Debt.   We do need infrastructure development and if the size of the federal government was reduced to pay for it, we could get it done without deficit spending.  Of course, Obama will also call for extending the payroll tax holiday and unemployment insurance beyond the current 99 weeks, which is just a temporary fix that is a road to no where.  Finally, President Obama may float this new goofy idea of creating a Department of Jobs. 

President Obama and his Socialist pals in Congress are all big government, tax and spend job killers that are bankrupting our country.  Socialist will never do what is necessary to restore economic growth and job creation in the US, which is the reason we must sweep them all out of office in 2012 and 2014.   Socialists are causing misery and poverty in the US that is the only thing growing in our country. 

We must take back our country in 2012 and 2014 to prevent the bankruptcy of our nation.   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.   The last thing we need is another redundant federal agency; the Department of Jobs.   If anything, we need to reduce the federal civilian workforce by 500,000, from the current 2.65 million employees over the next five years by using normal attrition to cut spending.   Adding more government employees is the problem, not the solution.   Let's start by giving President Obama and his Socialist pals in Congress their Pink Slips in 2012 and 2014.

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