Sunday, January 24, 2010

Obama Policies Perpetuate Recession

Obamaism has been repudiated three times in three different elections since he came to power with his hope and change campaign.
President Obama carried Massachusetts by 26 points on Nov. 4, 2008. Fifteen months later, on Jan. 19, 2010, the eve of the first anniversary of his inauguration, his party's candidate lost Massachusetts by five points. That's a 31-point shift. Mr. Obama won Virginia by six points in 2008. A year later, on Nov. 2, 2009, his party's candidate for governor lost by 18 points—a 25 point shift. Mr. Obama won New Jersey in 2008 by 16 points. In 2009 his party's incumbent governor lost re-election by four points—a 20-point shift.

In each race, the president's party lost independent voters, who in 2008 voted like Democrats and in 2010 voted like Republicans.
Obama, after his Party's set-back in MA and with health care, is back on the 2008 campaign stump.

Obama is bumptious. He attacks the wealth makers and job creators.

His incessant public appearances is a cynosure. It is always about him. It is never what the people really want. It is about what he wants them to want. His imputation is that the Right is the cause of all that is wrong. He has the temerity to blame everyone but himself and his liberal policies. He has trumped Bill Clinton with his neologism.

Obamaism is a failure. Socialism is not America. Capitalism works when the government gets out of the way. With stifling taxes, the threat of new ones, the threat of health care changes, and with no real hope for business investment, there is nothing positive in the economy to pull us out of this recession. The job creators are not willing to take the risks they need to in order to create new business ventures and expenditures.

I want to buy another house but I think that a) the bottom has not yet been reached and b) there will be a double dip to this recession. Cash rules. There is little the average guy is willing to invest in because we have no faith in our government and its policies.

This recession would end in a few months if a) taxes were cut, b) the size of government was reigned in, and c) the deficit is attacked with reasonable policies. Obama and the Democratic-lead Congress will not do this because it "takes from their self-importance."

Prepare for more of Obama's interminable speeches...yadda, yadda, yadda ... me, me, me.

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