Obamonomics

Obama is once again making the creating of jobs “Job One.” Unfortunately, this is his fifteenth try at Job One. He rows against his own tide of oppressive government interference (i.e. the Gulf moratorium, hindering Alaskan oil progress) and wonders why unemployment is so high. Business sits on its money, not due to greed, but to the uncertainty of tax hikes, EPA rules and  “wet blanket” regulations that stiflingly makes new hires a risky prospect at best.

During the last debt “crisis” Democrats pushed for raising the debt limit like a bankrupt man trying to qualify for one more credit card. In the end, fear of the unknown won out over rational thinking. Funny how the last time this happened in 2006, a Senator Obama claimed raising the limit was a sign of failed leadership and he voted against it.

What was missing from this whole mess was how we got here. The Tea Party pointed this out and they were soundly chastised as raving extremist terrorists holding us hostage. It is amazing to me how some believe increasing the debt limit by which Washington sucks money out of the private sector as it competes for borrowed funds is a good thing. No matter what you think, there can be no denying that we are in trouble in every sector of the economy. Capitalism made us the greatest nation on earth, and now it has become our scapegoat. We have gone further and perfected economic cannibalism by taxing unemployment benefits, Social Security and penalizing those seniors who want to work and can continue to pay into the system.

When our nation was founded, the English made the greatest strides in advancing the colonizing of America after they recognized that a communal sharing of goods would not work. The British trumpeted individual achievement and the hard work reaped benefits. It is only when they tried to control things to tightly that there was rebellion. It is not different today.                               

What makes America great is the collective efforts of individuals engaged in enterprising pursuits that create wealth and jobs. There is no job that government can create, there is no shovel ready project, and this is why Obama’s efforts to focus on jobs go wrong every time. He equates wealth with evil, poverty with virtue, and taxes as the key to improve America. Sure capitalism has been abused but capitalism itself has virtues. There is no doubt that politicians greatly helped to pave the way for today’s situation by misrepresenting the dire strait of Fanny and Freddy. One corrupt Congressmen does not mean you shut all of Congress down until everyone is checked out. Actually, hey…

Government is like that obnoxious uncle who wants to help but just gets in the way, creating new problems. Taxes come from doing business and Obama needs to take the governor off our economic engine and let business go do its thing. The state of Texas has done this and more jobs have been created than all the other states combined. If more tax money is desired, raising taxes is fool’s gold. A demand for more revenue should also be accompanied by an equal opportunity for business to create wealth that can then be taxed. That is the American Way.