Why Obama Can’t Figure out how to spur job creation
Perhaps if the president or anyone in his administration had ever run a business or been responsible for a payroll, there would be more understanding about the negative impact Obama’s policies (including his mandate- and fine-filled health-care bill) have on those we must rely on to fuel the economic recovery. Unfortunately, this administration is long on academic types and government bureaucrats and short on entrepreneurs. We could use a few about now.
7 Comments
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.
ummmmm he’s an inexperienced boob?
Comment by Gene in Pennsylvania — February 7, 2010 @ 7:41 pm - February 7, 2010
What makes you think Obama wants to create private sector jobs?
Taxpayer-funded government union jobs, yes. Real jobs out of his control, no.
Comment by Koblog — February 7, 2010 @ 7:53 pm - February 7, 2010
Koblog hits the nail on the head. Obama wants to grow the public sector, not the private sector. He doesnt give a rats ass about private sector jobs, he believes the private sector is too big already. Which is why all of his policies have been geared towards the public sector, and, aside from seizing and regulating, have utterly ignored the private sector.
Comment by American Elephant — February 7, 2010 @ 10:38 pm - February 7, 2010
Back during the campaign, the libs on the net kept telling us how much better liberals are for business. I’m waiting for the proof of that.
Comment by ThatGayConservative — February 7, 2010 @ 11:01 pm - February 7, 2010
Obama & our overlords sure seem to like the Private schools for their sons and daughters but the Publicker schools are just fine for the rest of us! Say it ain’t so BO.
Comment by westWright — February 8, 2010 @ 7:42 am - February 8, 2010
Obama kept saying this all through the campaign and I kept scratching my head.
It seems like we are at the bottom and a lot of people are out of work, so isn’t it time for them to all get together and grow the economy from the bottom up?
I just had to replacement furnace. I hated every penny of it. I am not running around supporting any part of the economy. My retirement savings and modest income are not going to stand up well to the quite probable coming inflation. I have no trust in Obama and his gang of tax cheats and advisors who never met a payroll. So, like everyone I know, I am squeezing my dollars and expecting worse times ahead.
I know about job creation on the small scale in the private sector. We have become a service economy and this economy is cutting back on services. If we were production oriented we would be better positioned for spurring job creation. The auto industry is flat or worse. Whirlpool just consolidated much of its manufacturing and moved it to Mexico. The publishing houses, magazines and newspapers are shedding jobs like a molting bird.
The “stimulus” bill was a joke. Obama praises high speed rail between Tampa and Disney World as some sort of giant leap forward in modernizing the infrastructure. Meanwhile, whole communities are blighted with discarded homes and empty factories. What is Obama’s solution? Card Check.
Look, Sarah Palin is dead on about energy production. Cheap energy is as important to spurring the economy as cheap labor. The Chinese slant drill our oil which we make off limits to ourselves. We will shut down an entire breadbasket if an endangered dung beetle moves in. We have subjected ourselves to the “tyranny of faction” that Madison warned of in the Federalist Papers.
Obama’s life experience and philosophy is the antithesis of hard scrapple capitalism on the mend. You can not telepromter an economy into recovery. You can not heal an economy by the laying on of hands.
If you were to assemble entrepreneurs on the brink of collapse and leave the local, state and national politicians and bureaucrats out of the mix, we could begin to unravel the damage done by political pork barrel stimulus and to switch to targeted loans and publicly capitalized projects.
Comment by heliotrope — February 8, 2010 @ 9:35 am - February 8, 2010
So, the free market is evil – except that no one buys anything voluntarily in a free market unless they end up better off – and no one sells anything unless they end up better off: the exchange of good for cash or vice versa is all voluntary, and each party ends up in a better position as a result.
Free market capitalism increases wealth.
And those ‘big Wall Street’ companies are owned by . . . people like me, with investments in my 401(k) and mutual fund. That ‘enemy’ is us?!?
Any company looks for repeat (and expanding) enterprise – whether through repeat customers or word-of-mouth expansion. Thus, they can’t be looking to ‘screw their customer base’. Ergo, they provide a ‘necessary good or service’ in the marketplace.
* * *
There’s more here – as an educational point. I freely admit I’m having difficulty articulating my point. It’ll come down to some economics:
Business=good (and voluntary for BOTH parties)
Wealth envy=bad (and increased regulation resulting from such reduces the previous point)
Comment by Jax Dancer — February 8, 2010 @ 9:53 pm - February 8, 2010