Obama vs. the Job Creators
I
don’t get it. I understand how a young person can be radicalized by
leftist professors in college. I can even understand how some really
nutty congressmen, in the face of all evidence to the contrary, cling to
the belief that socialism really works. But how can a man as smart and
educated as Obama really believe that raising taxes on the job creators
will spur economic growth?
Where
is the evidence that raising taxes has ever spurred economic growth?
Who are the so-called rich who he wants to tax and tax and tax? A very
large group of them are the job creators. After all, the strength of
the American economy is small business. And most small businesses are
subchapter S corporations.
What
is a subchapter S corporation? It is a corporation where all the
income and bills flow through to the businessman or woman who created
the business. He or she pays taxes directly on corporate profits. When
Obama says he is going to squeeze the rich, he is primarily squeezing
the life out of America’s small business community. He’s not just
raising taxes on some group of people who have accumulated wealth, or
people who run publicly held corporations, he is punishing the segment
of the economy that creates American jobs. He is attacking the folks
that employ the vast majority of working Americans.
It
may make a good sound bite, but taxing the so-called rich simply
destroys jobs. It’s good Marxist dogma, but stupid economics. And
there is no empirical evidence whatsoever that it works! None. It may
be appealing in the classroom, but taxing America’s job creators is like
filling your gas tank with water. When you do that your engine will
sputter and then die and the same thing will happen to the American
economy if we keep raising taxes on America’s job creators.
I
don’t know how the President could say in a recent news conference that
“Government, like the American people, must live within its means.”
This, coming from the President who has squandered and wasted more money
and created more debt than all the Presidents who came before him from
George Washington to George W. Bush?
Our
economy is teetering on the brink of economic collapse because
President Barack Obama (with eager help from Pelosi and Reid) has spent
our children’s and grandchildren’s future. Trillions have been wasted
on silly green jobs projects which actually destroy jobs. Trillions
have been used to bail out union employees. Billions have been spent
taking over banks and businesses that should have been left to survive
or fail in the marketplace.
Liberals
have no faith in the marketplace. They say that success in the
marketplace is just a matter of luck. When they say they have no faith
in the marketplace they are really saying that they have no faith in the
millions and millions of decisions made by free Americans to purchase
and sell what they want, where they want, and when they want. Liberals
believe in government deciding what we wear, what we eat, what we drive,
where we live, and what we can listen to. Liberals believe in a few
select elite making decisions for you instead of you making decisions
for yourself. It’s as simple as that.
Liberals
prattle on about the masses, but they don’t care about people. They
only believe in themselves and they seek power over others. They are
guilty of the original sin in the Garden of Eden, wanting to be like
God. That leads to the sin of being jealous of those who are more
successful than they are. It leads to the sin of pitting white against
black, the sin of setting female against male, the sin of stirring up
dissent between the worker and the employer, the sin of dividing America
between poor and rich, and the sin of setting the young against the
old. It is pure Marxism and it is morally, ethically, and practically
wrong.
Let us hope and pray
that the Republican majority in the US House of Representatives will
stand firm in their resolve to stop all wasteful spending and bring the
country back from the brink of disaster. And let us also hope that the
American people will be fooled no more and that regardless of the bias
of the news media, the true American ideals of limited government,
individual responsibility, and traditional morals will triumph in 2012.
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