What happens when the government makes the cost of doing business greater? Unemployment rises. How can the government help the economy improve? Make the cost of doing business less.
The economy has worsened with unemployment rising to 9.8%. President Obama and the Democratic Congress have taken numerous actions which are making the recession exponentially worse than it has to be. Obamacare, increased regulation, bailouts, increased taxes, administrative fees on production (i.e. EPA's carbon regulation), shutting down energy exploration, taking over student loans... The list goes on and on for the ways in which Obama has attacked business rather than promoted it.
This is no surprise. The Democrats and Obama are on a mission to make people more dependent on government. The fewer people that are dependent on government, the fewer votes the Democrats will get in each election cycle. This is an undeniable fact. If everyone has a job and is paying taxes, the Democrats will have a tough time making the argument that we should be expanding government, raising taxes, and controlling people and the economy through "regulation" more.
Regulation is a word for government control of the economy and under Obama, the power of the central planners in Washington has grown faster than at any other time since FDR. This is a threat to freedom, capitalism, and the West's way of life. It can be stopped by a GOP controlled congress, but whether there is the fortitude to oppose this agenda remains to be seen.
Until such time as the government starts decreasing it's share of the GDP-pie, the economy will flounder, creativity will dwindle, and business will stagnate. However, that may be the transformation that Obama is seeking.
The economy has worsened with unemployment rising to 9.8%. President Obama and the Democratic Congress have taken numerous actions which are making the recession exponentially worse than it has to be. Obamacare, increased regulation, bailouts, increased taxes, administrative fees on production (i.e. EPA's carbon regulation), shutting down energy exploration, taking over student loans... The list goes on and on for the ways in which Obama has attacked business rather than promoted it.
This is no surprise. The Democrats and Obama are on a mission to make people more dependent on government. The fewer people that are dependent on government, the fewer votes the Democrats will get in each election cycle. This is an undeniable fact. If everyone has a job and is paying taxes, the Democrats will have a tough time making the argument that we should be expanding government, raising taxes, and controlling people and the economy through "regulation" more.
Regulation is a word for government control of the economy and under Obama, the power of the central planners in Washington has grown faster than at any other time since FDR. This is a threat to freedom, capitalism, and the West's way of life. It can be stopped by a GOP controlled congress, but whether there is the fortitude to oppose this agenda remains to be seen.
Until such time as the government starts decreasing it's share of the GDP-pie, the economy will flounder, creativity will dwindle, and business will stagnate. However, that may be the transformation that Obama is seeking.
1 comments:
We are pulling away from the US regarding our historical unemployment rates.
We are at 7.9 at their 9.8. Our dollar is not trading at a 30% discount either.
Things are going very well in comparison to the storm in Europe and the US.
We need to keep expanding/diversifying our trade to Europe, Asia and India. We also need to lower the inter provincial barriers.
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