HOW DEMOCRATIC ECONOMIC POLICIES ARE LIKE THE CHRISTIAN FAITH THAT LED THE MARTYRS TO FEEL GOOD ABOUT GOING INTO THE ARENA FOR A LAST TIME: Seeking a New U.S. Business Model - WSJ.com
What could be the problem with this?
"The alternative view is that the private sector is working only for a thin layer of winners at the top; government should play Robin Hood. "Tax cuts do not...create jobs," said Rep. Barbara Lee (D., Calif.). "When we do not ask the super rich and the corporations who make billions of dollars of profits off of the American economy, we will not have the funds to keep that engine running...to make sure that we can meet our nation's obligations to our seniors, our children and our poor." The slogan: no Medicare, Medicaid or Social Security cuts."
1) Government policy is against business and job creation in favor of redistribution and unions.
2) The businesses that are leading the economy today are not stuck in America. They can move.
3) To get anywhere near the money the administration needs for its handouts, it has to tackle and tax (plus of course regulate, etc.) the smaller businesses that actually need to stay in America.
The Democrats are so deluded. They are so reminiscent of the communists who ran Eastern Europe. They might consider looking at what that situation was like in terms of encouraging production - or, the lack thereof.
But clearly, they have rosy glasses that think entrepreneurs and investors will work for the socialist good the Democrats are attached to.
The experience of Eastern Europe (let alone all the examples even in the US) show this doesn't work.
Every lost job should be directly put on the backs of insidious Democratic fiscal, regulatory and tax policies.
Will it take a Greek-like collapse to make them change their minds? Not likely, they are like the faithful heading into to be killed in the arena. They so think they are right that the results really don't matter.
Wednesday, August 3, 2011
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