Saturday, September 24, 2011

OBAMA'S UAW MODEL FOR THE ECONOMY: Obama's Jobs Act: Too Little, Too Late - Barrons.com

Obama's Jobs Act: Too Little, Too Late - Barrons.com

All of the above would seem to be vastly too kind and ignorant of the long-term and current maliciousness of Obama's policies to economic growth.

As his view of the economy is basically a UAW-type mindset, it all depends on whether one thinks running a policy from the perspective of a UAW union official or from the perspective of an investor or entrepreneur will create economic growth?

Frankly, the UAW doesn't have much of a record - having wiped out the previous set of investors (i.e. private) and looking like it would rather take current bonuses and increased wages with the taxpayer not getting back their investment (i.e. public) and the industry and unions (US car makers and the UAW) wanting the public to bankrupt their investment into technologies to keep them in business.

What a scary model for the running of the US economy!

No comments:

Post a Comment