Obama’s economic plan hurls us toward depression

By Dr. Laurie Roth
Wednesday, September 8, 2010

Just when you think the migraine of spending madness might slow down for a moment, Obama rushes forward! Now, even though unemployment has shot up to nearly 10%, and we have lost over 54,000 jobs in August alone, Obama plans to spend $50 Billion more stimulus money on infrastructure. This is supposed to be an economic, Obama miracle that will create jobs rebuilding 150,000 miles of roads and railways over the next 6 years. At least its not more millions to test monkeys and cocaine…

The thing that blows me down is that this President intends to usher in the biggest tax increases of our time by not allowing the Bush tax cuts to stay in force. He is talking in his manipulative, blurry way about keeping a few tax cuts for those who earn under $250,000 and just taxing those in the upper income brackets. Already, this is freezing consumer spending as those who own businesses are pulling back, letting employees go….certainly not considering or affording any growth.

Also, the anticipation of 20 new taxes immersed in Obama’s health care bill, its shredding of choice is also destroying any expansion and additional employment in the health care sector. Recently I interviewed a former CEO of an award winning private hospital in the Northwest, who reminded me of Obama’s bill that passed, stopping any new private hospitals or expansion, once again decapitating capitalism and competition in medicine.

Obama also intends to push Cap and Trade when he can, manipulating the name and structure of it as he goes. This will be the same in the end….total control, regulation, taxation and ruination of business in America.

We have never left the recession that grew from 2007 onward. It has only gotten worse as Obama’s cancerous, orgy of out of control spending floods America. He and this congress seem to think that the only way to repair our economy is to spend money we don’t have, increase taxes on the masses and job suppliers, hide taxes everywhere and regulate everyone and every business to death. Obama and this progressive liberal congress think this for a reason, however. Obama is passionate and committed to changing America into a socialist/communist regime with cradle to grave Government controls on the people. He needs us to be neutered in the world’s eyes and our importance and international leadership downplayed. This is the change he has always had in mind, with him at the helm.

Perhaps Obama and Michelle should start thinking about downsizing their vacations since they and much of this congress will be out of work soon. Perhaps they could buy a used Tent Trailer and camp by a stream somewhere.

http://canadafreepress.com/index.php/article/27433