If you asked most people they would say that the reason Barack Obama is not doing very well in his reelection bid, it is because the economy is in dire straits, and it hasn't recovered fast enough, and there are too many people still unemployed. The reality is that the number of people unemployed is at about the same rate as when he took office, and he's had four years and spent $5 trillion in budget deficit to solve the problem and has been unable. It's obvious why this is, and if you have a few moments I'd like to explain it to you.
The Obama Administration threw money at many of their so-called dreams such as promoting alternative energy, creating a new industry which would provide five 7 million new jobs. Obviously that didn't happen, and all the companies they invested in have failed to yield very many jobs at all, and most have filed bankruptcy after burning through all the cash, grant money, and guaranteed taxpayer loans. It's been an incredible failure. Of course, no one should be surprised because these alternative energy schemes are often unreliable and cannot compete with natural gas, coal, hydro, or other forms of energy generation.
The wind doesn't always blow, and "the sun notoriously doesn't shine at night," as a Noble Lariat once told me after a university conference in our town. Obviously their plans didn't work, but they were ill-fated from the get-go, mostly because a good chunk of that money was allotted to crony capitalist friends and campaign contributors to the Obama Administration. That's quite unfortunate, because it isn't Obama's money, it is the money belonging to the American people.
That concerns me enough, but even if their plan had worked and the economy did have 7 million jobs from alternative energy, and the world was saved from the so-called global warming, I still wouldn't vote for this gentleman in his reelection campaign. You see, even when socialist regimes do well for a while, they eventually "run out of other people's money to spend," and the whole thing comes crashing down. Greece, Italy, Spain, Ireland, and the other socialist nations of Europe watched their economies grow quite briskly for quite a few years, but look at them now.
Keynesian economics aside, and there is a time when governments do need to provide stimulus, or rather central banks should because we can never trust politicians to do it correctly however, when Keynesian economics is mixed with socialism, all bets are off, at that point it can't work. Thus, even if our economy was fully recovered, I would still vote against a president who talks like a socialist and harvests the flows of labor, capital, credit, and money from the free-market system as a socialist would, even if he won't admit in public that he believes socialism is the best way forward.
In fact, I would say that I would vote for anyone except this current gentleman who calls himself our president. In fact, I would rather vote for you my reader, who probably has a better sense of balance and common sense than the guy who "occupies" the White House now. That's my opinion, so please consider all this and think on it.
Obama Says His Initiatives Would Help The Middle Class - Fact Check Please Do Lazy Americans Forgo Voting If The Weather Isn't Being Nice? Your Miracle Is On The Right Side
0 comments:
Post a Comment