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- Jun 10, 2009
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- Liberal
While I agree that the government can do some to alleviate a recession, it is not the best alternative and definitely not as effective as letting the citizenry raise itself from the bootstraps. Time and time again, I see government spending figures that produce far less jobs than anticipated, making the net effective cost per job created from such policies horrendous.
The reason companies are not hiring is due to lack of demand because of the Recession and the record wealth inequality in the country.. So how do you create demand? By cutting taxes for those that spend the biggest proportion of their income, the working class, and by increasing spending which helps increase demand.
Why not create policies and legislation to encourage businesses to hire and expand? Lowering taxes is one way because it is all-encompassing. When taxes are lowered, the citizenry spends more money, and business will tend to hire more or even expand. All of Obama's policies that I hear over the news have been counter-productive. He comes up with Obamacare that increases the healthcare cost of businesses when hiring people, then he wants to raise taxes to further demotivate everyone even more. And to make things worse, he's driving up the debt with his failed fiscal policies with no end in sight. What the hell!?
I agree that lowering taxes for companies that create jobs is a good idea. I also agree with the tax cuts the president has provided for the working class as they spend the most of their income. What hasn't worked, and we've tried it now for 30 years, is giving tax breaks to people just because they are rich, even though most don't invest it in this country anymore.
The health insurance mandate was the conservative alternative to UHC, which we will eventually have to upgrade to as the rest of the industrialized world has done.
As we learned during the Great Depression, spending stimulates demand which is required to kick start a consumer economy. Without demand, a consumer based economy will fail/
Where is the common sense and sanity of the American people? I did give Obama a chance, but his policies just suck and are devoid of the simplest common sense. I feel depressed when I see Americans becoming more political rather than patriotic. We have to save our country, and it begins with replacing Obama with a president who has better economic know-how and common sense.
We are doing better economically now than we were doing before President Obama. However, its not realistic to think you can completely repair 30 years of mismanagement in just a couple of years.
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