Our great USA is in for a rough patch, we have painted ourselves into a corner.
Our high lifestyles and standard of living, have forced the manufacturing wages
so high that we cannot compete.
The manufacturing moved to where the cost of goods sold, still allowed a profit.
The remaining jobs are mostly service sector.
There is a lot of economic momentum left in our vehicle of state, but without
starting the engine again, it will eventually coast to a stop.
President Obama's comments show he doesn't know what kind of fuel the vehicle uses,
(or where the key is).
"The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."
-- Adam Smith
I can see what the President is trying to say. Sure, government is needed to do the things we can't do on our own, such as build the roads. The trouble is that our government is doing too much and taking too much. Our government should be smaller.
“We do not believe any group of men adequate enough or wise enough to operate without scrutiny or without criticism. We know that the only way to avoid error is to detect it, that the only way to detect it is to be free to inquire. We know that in secrecy error undetected will flourish and subvert”. – J Robert Oppenheimer.
Just to reiterate, good roads were the result of successful businesses, not the other way around.
Obama can list about 4 industries that the government has invested in, but what about the majority of businesses in America? Ya know, the businesses he keeps saying are the backbone of the American economy. The government isn't investing in them, and many of which are growing and expanding. The owners are BUILDING their businesses. Government has nothing to do with that. In fact, many of the small businesses are BUILDING despite the government. Despite 4000 new regulations, despite his desire to raise taxes on individuals making more than 250k. Do you people realize that over 60% of small businesses file taxes as individuals and not corporations? So, he's wanting to raise taxes on small businesses that earn over 250k? Good for economic growth?
Give me a break. The only people who support Obama's economic plan are people who have never owned or ran a business. They don't have to worry about companies. They are ignorant to the effects of Obamacare on small businesses. They are ignorant to the fact that over 60% of small businesses file taxes as individuals. They are ignorant to how regulations act just like a tax, because it costs businesses money to implement regulatory requirements, which takes money away from a business' bottom line. They are ignorant to the vast majority of business owners who work tirelessly to make their companies successful. They are ignorant to how much it costs an employer to provide THEIR health insurance.
Then Obama slaps them in the face and says, "you didn't build that.....". I understand what he was trying to say, but the manner in which he said it is what proves his philosophy about capitalism, free markets, and people earning as much money as they can. He has a disdain for the American, capitalist way. Because he sees capitalism as "unfair". He sees capitalism as a means for the rich to get richer, and he doesn't like that. Therefore, he penalizes businesses so he can confiscate more of their earned income to distribute it out to poor people via government entitlement programs. It's exactly what he supports, and it's exactly what he's doing.
I for one KNOW that I have built my business. Government hasn't made it any easier for me. They've made it harder. Why does a person, who has had NO input into my business, deserve the right to share my profits? Can anyone tell me that? The government just wants to tax the rich, in order to redistribute it out. Tell me, why does any other person "deserve" the right to share another person's wealth? Why? Confiscating profits through taxes.....real American idea there right? That's freedom right?
Nah, progressive liberals don't care about "freedom" anymore. They care about "social justice" and "fairness". Tell me, what's fair about a man working his entire life to build a successful business, only to have his profits confiscated through taxation and then redistributed out to people who had nothing to do with earning those profits? I'll tell you.....NOTHING is fair about that.
The same climate exists for every other person in this country that exists for me. I'm not so special. What's wrong with them? Obama wants to say that my "smarts" and my own "hard work" had nothing to do with my business' success????? Please. What an ignorant statement. Our manchild president doesn't have a single clue, nor do the people who stand behind him and cheer their parrot heads off when he makes such ignorant comments.
Remember this. Our country merely gives us the "opportunity" to succeed, it doesn't succeed for us. Success is the product of ingenuity, smarts, hard work, self-determination, vision, discipline, and risk. Ironically, unsuccessful people rarely possess any of those qualities. Just like college gives us the "opportunity" to become educated, but colleges didn't take my exams for me, they didn't write my thesis for me, they didn't go to class for me, they didn't stay up til 4 am studying for me, and they damn sure didn't pay my tuition for me. Obama's just ignorant is all.....plain ignorant.