Tuesday, September 7, 2010

Review & Outlook: The Obama Economy - WSJ.com

BLEEDING THE ECONOMY TO CURE ITS ILLS: Review & Outlook: The Obama Economy - WSJ.com: "- Sent using Google Toolbar"

Do the Democrats and President Obama remind anyone of 17th century doctors? All thought highly of as their time; but, of course in light of modern medicine they would be 'quacks'?

Clearly the stab in the dark attempts to give the economy a transitory boost with the proposed tax cuts and spending are a further indication that the President, his advisors and the Democrats are flailing and really have no idea how to get the economy on a healing path.

They don't know why their policies have failed because the overriding goal was to restore the middle class standards by borrowing and imposing burdens on business. They clearly don't have any type of grasp of the fact that American needs to do a fundamental rethink of the idea that a high school education or less and early and lush retirements and medical care can go hand in hand in today's global economy.

Instead of having a modern vision that can provide a better standard of living for average Americans, the Democrats just push through the UAW mentality of strike and demand because somehow they are "entitled". Never does the idea of earning the entitlement come into the equation.

Obama could have looked at what government largess brings about in those states like California that practiced the fine art. But, that wouldn't have been wise because it might have raised questions. The Democrats in California didn't raise such questions - nor their leader sent to Washington, Ms. Pelosi.

Sadly, every day the Dems are in office the problem grows greater. This is because while doing the wrong things, time and again, the festering sores wrought by their actions go untreated.

The Dems may know something is wrong, but they are more like doctors in the 1700's that though bleeding a patient would cure the patient's ills. What they are doing is bleeding the economy - and, they think it's the only answer.

How wrong they are!

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