Peter Ferrara Says Barack Obama’s Economic Policy, Guided By Liberal Ideology, Is Impeding Recovery – WSJ.com
In his inaugural address, President Barack Obama said, “The question we ask today is not whether our government is too big or too small, but whether it works — whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified.” Or as administration spokeswoman Stephanie Cutter said in January, the touchstone is, “What will have the biggest and most immediate impact on creating private sector jobs and strengthening the middle class? We’re guided by what works, not by any ideology or special interests.”
As Mr. Ferrara says, in a nice way, bullshit.
This spending plan that just passed is the biggest abomination in the history of the U.S, and a return to the failed liberal ideology that massive spending can boost an economy out of recession or even depression. It didn’t work with FDR, it didn’t work with Jimmy Carter.
Reagan cut government spending as a % of GDP, cut taxes, cut back onerous regulation on business. The country’s economic outlook improved dramatically, in just a couple of years.
Obama and the liberal congress is doing just the opposite. Think it’ll work?
The producers of this country, the backbone – small businesses, entrepeneurs – look at this monstrosity of a spending bill and wonder where all this money is going to come from. Money that is being firehosed toward totally ideological programs – rather than the country’s infrastructure – has to come from somewhere. Unfortunately, we know where it’s going to come from.
Us. You. Me. The people who make America work. The people who drive the country. Not the ones who suck it up without putting back. You think that excites me? You think that makes me want to work hard, to succeed, when I know that anything I produce over a certain amount is going to be handed to some woman in Section 8 housing who hasn’t worked in 40 years? And has a 60″ big screen TV? Hardwood floors?
Yessiree Barry and Nancy and Harry – that sure motivates me to go above and beyond.
I’m worried about the seemingly impossible-to-stop socialist juggernaut that the U.S. government has turned into.
I’m worried that my 16- and 14-year old kids are going to be left holding the bag. Somebody’s going to try and make THEM pay for what the socialist dems are doing today.
I want to see the 100 million people that make America work stand up to the 100 million or more that don’t and say, “No. Enough.” But I don’t think it’s going to happen.
Because the people who are on the dole are going to vote down the people who aren’t, every time.