Wednesday, February 11, 2009

Obamanomics Equals Massive Government Growth

America, like many great societies throughout history, get what it deserves. It has evolved from a land of limited government, low taxes and free agency to one of large government, high taxes and burdensome policies that limit free agency.

The American people have place us in this condition. From the early days of the primaries, they voted for a wolf in sheep's clothing, allowing the MSM and ignorance to dictate our direction. Certainly there are socialists and communists in America but they are the minorities. It was not their vote that brought Obama to power, rather the ignorant that felt Obama was the change the country needed. They may wake up some day and realize what a demagogue can do to their personal lives in a way they never thought possible.

On Tuesday, the great one stated "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." As Peter Ferrara stated in his Tuesday WSJ op-ed piece "Reaganomics vs. Obamanomics": Mr. Obama's economic policy is following not what has been proven to work but liberal ideology.

Obamanomics is pure socialism. It works at mediocrity. What has worked for America and capitalism? Reaganomics did.

-- Across-the-board reductions in tax rates to provide incentives for saving, investment, entrepreneurship and work.
-- Deregulation to remove unnecessary costs on the economy.
-- Control of government spending.
-- Tight, anti-inflation monetary policy.

Some who drink the Obama cool-aid will say "give him a chance." I hope his programs help but absolutely no doubt that the cost is something we can never repay -- financially, socially and ideologically.

Once government starts down the road of massive growth, it is very difficult to stop. Entitlements become permanent. History has proven this again an again. We still live in the shadow of the New Deal and the Great Society. Obamanomics (BHO) will trump FDR and LBJ.

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