Feb
21
Has President Empty Suit© explained how rampant government spending somehow stimulates the economy?
Filed Under Wealth Creation
Major Deek
The “creation” of government jobs doesn’t create wealth it destroys wealth by taking from the private sector.
The “creation” of government jobs doesn’t create wealth it destroys wealth by taking from the private sector.
Or are these jobs paid for with the same money as “free healthcare?”
Herb then it follows that you should take any and all measures to stimulate the PRIVATE economy shouldn’t you?
- CUT the corporate tax rates to SLIGHTLY under what the rest of the world has.
- CUT payroll taxes.
- CUT capital gains.
Millions of Jobs would be created in weeks by the TRUE creator, the PRIVATE sector.
Why is that so hard to understand?
sassy one, true, the “middle class” has moved UP. This is fact.
listless, LOL thanks. A an absolute PERFECT specimen you are for the BDS museum.
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Comments
15 Responses to “Has President Empty Suit© explained how rampant government spending somehow stimulates the economy?”
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Nope we are all just supposed to follow like sheep to slaughter without any questioning!
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No.
They would have been better off giving the money to tax payers so they could pay their mortgages and buy cars etc.
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He ran on the platform of redistributing wealth, growing the govt, caring for people, and punishing corporations. He is just trying to keep his word.
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Considering the drop in jobs in the private sector, that leaves people with no money to spend.
And the biggest boost to any economy is people having money to spend.
What part of that don’t you understand?
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Right. Government jobs do not create wealth, it takes tax dollars to pay for them and where do those tax dollars come from?
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I saw the picture of Obama with his shirt off. His suit definately is not empty.
Oh by the way, the wealthy private sector made more wealthy by Reagan;s trickle down theory has all but wiped out the middle class.
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There is no President Empty Suit©.
Stop the whining…
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I would actually support spending money on infastructure, like roads and bridges. Those things need work, and I really don’t care which administration does it.
But the clean energy crap? That industry is already heavily subsidized, and it’s nowhere near being viable by any measure. It’s a Utopian, unachievable short term goal.
And – I don’t believe nuclear power is the right move either. We have no way to dispose of the waste. All we do is bury it so our kids can deal with it? No, I’m ok with using oil, coal and gas. As we run out the prices will rise and as a result other fuels will become more economical in relation, but trying to force them will kill us and distort the market.
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LOL!!! If Obama is EMPTY SUIT, who was your God, George W ? I should I remind you who got us in this bloody mess ? Yes, let’s have EIGHT more Years of George… How is what the *private sector* accomplished in the last 8 years working for You ? Where are the WMDs ? the war only costs 6 BILLION/WEEK… so, where are they ? Where is Osama BinLaden ?
EDIT: LOL!!! you know nothing of me, but feel obliged to attack me on a personal level. But, still you do not answer my questions: where are WMDs (4000of our bravest died in this farce of a war, gave their lives for NOTHING) and where exactly is Osama ?
crickets, crickets, crickets…
Oh, a small detail, I am neither a Democrat or a Liberal…
George W. Bush Resume
Past work experience:
Ran for congress and lost.
Produced a Hollywood slasher B movie.
Bought an oil company, but couldn’t find any oil in Texas, company went bankrupt shortly after I sold all my stock.
Bought the Texas Rangers baseball team in a sweetheart deal that took land using tax-payer money. Biggest move: Traded Sammy Sosa to the Chicago White Sox.
With fathers help (and his name) was elected Governor of Texas.
Accomplishments: Changed pollution laws for power and oil companies and made Texas the most polluted state in the Union. Replaced Los Angeles with Houston as the most smog ridden city in America. Cut taxes and bankrupted the Texas government to the tune of billions in borrowed money. Set record for most executions by any Governor in American history.
Became president after losing the popular vote by over 500,000 votes, with the help of my fathers appointments to the Supreme Court.
Accomplishments as president:
Attacked and took over two countries.
Spent the surplus and bankrupted the treasury.
Shattered record for biggest annual deficit in history.
Set economic record for most private bankruptcies filed in any 12 month period.
Set all-time record for biggest drop in the history of the stock market.
First president in decades to execute a federal prisoner.
First president in US history to enter office with a criminal record.
First year in office set the all-time record for most days on vacation by any president in US history.
After taking the entire month of August off for vacation, presided over the worst security failure in US history.
Set the record for most campaign fund-raising trips than any other president in US history.
In my first two years in office over 2 million Americans lost their job.
Cut unemployment benefits for more out of work Americans than any president in US history.
Set the all-time record for most foreclosures in a 12 month period.
Appointed more convicted criminals to administration positions than any president in US history.
Set the record for the least amount of press conferences than any president since the advent of television.
Signed more laws and executive orders circumventing the Constitution than any president in US history.
Presided over the biggest energy crises in US history and refused to intervene when corruption was revealed.
Presided over the highest gasoline prices in US history and refused to use the national reserves as past presidents have.
Cut healthcare benefits for war veterans.
Set the all-time record for most people worldwide to simultaneously take to the streets to protest me (15 million people), shattering the record for protest against any person in the history of mankind. (http://www.hyperreal.org/~dana/marches/)
Dissolved more international treaties than any president in US history.
My presidency is the most secretive and un-accountable of any in US history.
Members of my cabinet are the richest of any administration in US history. (the ‘poorest’ multi-millionaire, Condoleezza Rice has an Chevron oil tanker named after her).
Had more states to simultaneously go bankrupt than any president in the history of the United States.
Presided over the biggest corporate stock market fraud of any market in any country in the history of the world.
Created the largest government department bureaucracy in the history of the United States.
Set the all-time record for biggest annual budget spending increases, more than any president in US history.
First president in US history to have the United Nations remove the US from the human rights commission.
First president in US history to have the United Nations remove the US from the elections monitoring board.
Removed more checks and balances, and have the least amount of congressional oversight than any presidential administration in US history.
Rendered the entire United Nations irrelevant.
Withdrew from the World Court of Law.
Refused to allow inspectors access to US prisoners of war and by default no longer abide by the Geneva Conventions.
First president in US history to refuse United Nations election inspectors (during the 2002 US elections).
All-time US (and world) record holder for most corporate campaign donations.
My biggest life-time campaign contributor presided over one of the largest corporate bankruptcy frauds in world history (Kenneth Lay, former CEO of Enron Corporation).
Spent more money on polls and focus groups than any president in US history.
First president in US history to unilaterally attack a sovereign nation against the will of the United Nations and the world community.
First president to run and hide when the US came under attack (and then lied saying the enemy had the code to Air Force 1)
First US president to establish a secret shadow government.
Took the biggest world sympathy for the US after 911, and in less than a year made the US the most resented country in the world (possibly the biggest diplomatic failure in US and world history).
With a policy of ‘dis-engagement’ created the most hostile Israeli-Palestine relations in at least 30 years.
Fist US president in history to have a majority of the people of Europe (71%) view my presidency as the biggest threat to world peace and stability.
First US president in history to have the people of South Korea more threatened by the US than their immediate neighbor, North Korea.
Changed US policy to allow convicted criminals to be awarded government contracts.
Set all-time record for number of administration appointees who violated US law by not selling huge investments in corporations bidding for government contracts.
Failed to fulfill my pledge to get Osama Bin Laden ‘dead or alive’.
Failed to capture the anthrax killer who tried to murder the leaders of our country at the United States Capitol building. After 18 months I have no leads and zero suspects.
In the 18 months following the 911 attacks I have successfully prevented any public investigation into the biggest security failure in the history of the United States.
Removed more freedoms and civil liberties for Americans than any other president in US history.
In a little over two years created the most divided country in decades, possibly the most divided the US has ever been since the civil war.
Entered office with the strongest economy in US history and in less than two years turned every single economic category heading straight down.
Records and References:
At least one conviction for drunk driving in Maine (Texas driving record has been erased and is not available).
AWOL from National Guard and Deserted the military during a time of war.
Refuse to take drug test or even answer any questions about drug use.
All records of my tenure as governor of Texas have been spirited away to my fathers library, sealed in secrecy and un-available for public view.
All records of any SEC investigations into my insider trading or bankrupt companies are sealed in secrecy and un-available for public view.
All minutes of meetings for any public corporation I served on the board are sealed in secrecy and un-available for public view.
Any records or minutes from meetings I (or my VP) attended regarding public energy policy are sealed in secrecy and un-available for public review.
For personal references please speak to my daddy or uncle James Baker (They can be reached at their offices of the Carlyle Group for war-profiteering
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Obama is entirely ignorantand clueless or Obama understand economics and is sendingus down the tubes on purpose.
Either thought is ominous.
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Sorry McShame was never elected president.
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You are so right. It is nothing but a PORK bill – and any one that doesn’t see that is either a Banker, a Car maker, or someone looking for that Bailout money. Ridiculous! Look at how the money has already been squandered. Lazy students – did not look at the substance, or lack there of – in Obama when they voted for him, and now too lazy to follow-up on what is going on. Just blind students following what their Liberal professors tell them to do.
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IMO, Obama does not have enough experience to understand the ramifications of rampant government spending.
Carter was another tax and spend democrat. He also had a Democratic Congress during his term, as well as media support that helped him get elected despite a lack of experience.
President Carter’s tax and spend governing style destroyed the US economy, according to historical accounts and economists.
Here is an excerpt from the Wikipedia page on Jimmy Carter and the economy under his term:
“Ultimately, the combination of the economic problems, Iran hostage crisis, and lack of Washington cooperation made it easy for Reagan to portray him as an ineffectual leader, causing Carter to become the first president since 1932 to lose a reelection bid, and his presidency was largely considered a failure.”
…
Carter’s proposals failed to strengthen the economy despite a Democratic congress, according to historian Julian E. Zelizer.
From an article in Harvard business by Julian E. Zelizer a professor of history and public affairs at Princeton University’s Woodrow Wilson School:
“Jimmy Carter found that all the political skill and savvy in the world did not compensate for lacking strong constituencies.
There were moments when this shortcoming did not matter, particularly when he still could rely on the momentum of his election. But as times become rougher, lacking coalitions was devastating.”
…
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People in this country had better wake up. Especially the Democrats. Listen, you can’t possibly be so in love with Obama that you actually think that the stimulus package is good. This stimulus package is nothing but a bunch of free-bee give-a-ways and entitlements.
Smoking cessation classes…how does that help the economy and the business sector?
The Democrats are big on social programs. That’s why we tease them about being socialiSTS. Because they are. But this stimulus package proves it to a tee. What will this do to our children and their children? We are going so far in debt we’ll never climb back out.
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Perhaps he believes that John Maynard Keynes was right when he said that government spending could stimulate the economy.