OBAMANOMICS in action........will it work
- Thread starter jueco2005
- Start date
Get Ready for Obamanomics
Government investment in our Cellular networks will insure the latest technology is available to all.
No one will be out of touch
Government Investment in education
will insure that the brightest minds get the college education they deserve.
Finally Government investment in housing will ingite a boom and guarantee that every American has equal housing
Government Investment in Private industry will insure new services are developed that reach out the community.
Here under the new taxation and incetive system, McDonalds went with Mobile Foods centers as a more cost effective method to reach "disadvantaged" urban areas.
Government investment in our Cellular networks will insure the latest technology is available to all.
No one will be out of touch
Government Investment in education
will insure that the brightest minds get the college education they deserve.
Finally Government investment in housing will ingite a boom and guarantee that every American has equal housing
Government Investment in Private industry will insure new services are developed that reach out the community.
Here under the new taxation and incetive system, McDonalds went with Mobile Foods centers as a more cost effective method to reach "disadvantaged" urban areas.
Exactly, since when is "Modernizing more than 75% of federal buildings" linked with sustained economic growth and job creation. I've never heard anyone say reducing energy consumption of federal buildings as part of the strategy for economic growth.
Equipping high schools with computer is even more pathetic. High schoolers are so dumb they wouldn't know how to use the computer beyond burning music CDs. You invest in people if you really want education.
They seem more like stopgap measures to give revenues to certain companies. The classic steal from tax payers and give to private interests.
Who is he fooling?
The plan is also a month old.
The only good news is that when such hubris among the elite, the situation musn't be as bad as we think. That or the economic slump is welcomed.
Nationalize either health care or utilities.
Invest in green technology (and I don't mean Nuclear). It was nice to see today that the Senate is voting on a bill that gives tax breaks to green technologies. That certainly wasn't in the stimulus package Obama is chanting.
Set up a bank with tax payer's money that invests in american promising companies.
Give the Bush tax cuts to the rest of the 90%. Let them pay down their credit card. It will help the banks and it will help the consumer.
Take away tax breaks to invest offshore, maybe even force them to spend that money in the US in the next few years.
Invest in infrastructure, including fiber optic (this one was already on the stimulus)
Let the dollar fall to attract foreign investors.
Make joining unions easier. Jobs that are exploited and the company is fat in cash should pass a bit more to consumers.
Nah...no one said anything for the last 6 years, why start now?
Great, so even more spending and the government investing in an industry that may very well be a dead end. Plus, who is to decide what the best type of "green" investing is; for instance, many would consider nuclear power to be green, yet you don't, ergo the term "green" is at best extremely vague. Since the government will be investing a massive amount of money in an industry that private investors may not, it can be creating another situation where there's a half-dead industry in need of government hand-outs to survive. The only type of sustainable (by that I mean that in the economically profitable sense, not the environmental sense) investment is purely private investment on the market.
Also, who would give the American government the authority to create this bank that invests the tax payer's money in "American promising companies" for the Constitution surely doesn't (and don't even cite Section 8, Clause 18 for this bank would further destroy everything the Constitution once stood for, i.e. individual sovereignty and limited government). In addition, to reinforce my statements on the problems of government-investing, who would decide what these "American promising companies are"? Investment is often risky, and, for private citizens at least, there is always a risk of loss that scares away all by the brave and those who have a knack at investing from it. Is the government supposed to just accept the loss of the taxpayers' money for a function that helps few at the cost of all. And then there's the fact, as I mentioned above, of the risks that the government throwing around billions in the economy would have. The effects would be catastrophic as the governments props up unprofitable operations, if they're not then why do they need government assistance at the expense of the economy.
These programs of yours are absolutely terrible, and would only further the ruin of the American economy.