Results 1 to 4 of 4
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
-
07-20-2009, 06:48 PM #1
- Join Date
- May 2007
- Location
- South West Florida (Behind friendly lines but still in Occupied Territory)
- Posts
- 117,696
Obama’s Policies Are Failing By: Ronald Kessler
Obama’s Policies Are Failing
Monday, July 20, 2009 10:06 AM
By: Ronald Kessler
Six months into his presidency, it’s clear that neither President Barack Obama’s economic plan nor his world peace plan is working.
After pushing Congress to pass the $787 billion stimulus, Obama has seen the unemployment rate rise from the 8 percent limit he predicted if the bill passed to 9.5 percent. After apologizing to the world for America’s imagined failings, Obama has seen Iran and North Korea continue their nuclear programs and become more even belligerent than when George Bush was president.
Behind Obama’s failure is a blind spot when it comes to understanding that people respond to incentives and disincentives. Funneling money through the federal government has no multiplier effect and does not give businesses incentives to expand and hire more people. Nor does sweet talking dictators give them any incentive to change their behavior.
If Obama had instead offered tax incentives, as the Republicans proposed, rather than planning to raise taxes, businesses would have felt more confident about hiring more workers. Instead, businessmen see nothing but gloom ahead — higher costs for health insurance and higher taxes, especially on small businesses, which account for the greatest job growth.
Looking at Obama’s approach, I am reminded of sitting in the dining room at the National Hotel in Moscow when writing my book “Moscow Stationâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
-
07-20-2009, 06:48 PM #2
- Join Date
- May 2007
- Location
- South West Florida (Behind friendly lines but still in Occupied Territory)
- Posts
- 117,696
Obama’s Policies Are Failing By: Ronald Kessler
Obama’s Policies Are Failing
Monday, July 20, 2009 10:06 AM
By: Ronald Kessler
Six months into his presidency, it’s clear that neither President Barack Obama’s economic plan nor his world peace plan is working.
After pushing Congress to pass the $787 billion stimulus, Obama has seen the unemployment rate rise from the 8 percent limit he predicted if the bill passed to 9.5 percent. After apologizing to the world for America’s imagined failings, Obama has seen Iran and North Korea continue their nuclear programs and become more even belligerent than when George Bush was president.
Behind Obama’s failure is a blind spot when it comes to understanding that people respond to incentives and disincentives. Funneling money through the federal government has no multiplier effect and does not give businesses incentives to expand and hire more people. Nor does sweet talking dictators give them any incentive to change their behavior.
If Obama had instead offered tax incentives, as the Republicans proposed, rather than planning to raise taxes, businesses would have felt more confident about hiring more workers. Instead, businessmen see nothing but gloom ahead — higher costs for health insurance and higher taxes, especially on small businesses, which account for the greatest job growth.
Looking at Obama’s approach, I am reminded of sitting in the dining room at the National Hotel in Moscow when writing my book “Moscow Stationâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
-
07-20-2009, 07:09 PM #3the media may think twice about its dereliction of duty in not informing the American people of who Obama really is.
Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
-
07-20-2009, 07:09 PM #4the media may think twice about its dereliction of duty in not informing the American people of who Obama really is.
Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
JOE BIDEN WANTS TO BRING IN GAZA RESIDENTS AND GIVE THEM...
05-02-2024, 01:19 PM in Videos about Illegal Immigration, refugee programs, globalism, & socialism