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Obama Believes American Exceptionalism Begins With Government
davidlimbaugh.com ^ | 01/27/11 | david limbaugh

Posted on 01/27/2011 2:49:54 PM PST by lancer256

Obama's latest watchword, "investments," is not, as I originally assumed, simply a euphemism for government spending. It captures his entire economic philosophy -- a philosophy that is permanently engrained in the core of his being and disastrous for America's "future."

President Bill Clinton shrewdly used the word as a more palatable substitute for income tax rate increases, saying taxpayers needed to "invest" more of their hard-earned dollars in America. But Obama's use of the term was different in two important ways. First, for him, "investments" would apply to the spending side of the fiscal equation. He would ask our support in his plan to "invest" more government money in infrastructure and education.

Secondly, and more significantly, Obama used the term to candy-coat his fundamental lack of confidence in the private sector and free market, as well as his commitment to faith in government as the primary engine for economic growth.

(Excerpt) Read more at davidlimbaugh.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: barackobama; davidlimbaugh

1 posted on 01/27/2011 2:50:02 PM PST by lancer256
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To: lancer256
His use of investments wouldn't be a problem if he actually invested the funds in infrastructure or nuclear plants or something that would provide long term value. Instead he's just wasting it.

I noticed he mentioned Nuclear plants again in this speech. His actions aren't matching his words. There is only one nuclear plant under construction and it was approved in 2007. Under the Obama administration they've given one low interest rate loan to one nuclear reactor which is in Georgia, and I'm not so sure that's not a research reactor instead of a power plant.

2 posted on 01/27/2011 2:56:37 PM PST by DannyTN
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To: lancer256

Another one of Obama’s false beliefs.


3 posted on 01/27/2011 2:58:03 PM PST by oyez (The difference in genius and stupidity is that genius has limits.)
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To: lancer256

In 2008, neither 0bama nor Biden had any stock ownership in anything.

At one point, I remember a short video in which 0bama specifically said, “All change comes from me.”

Invest? In 0bama’s change? When he has no investment in this country at all?


4 posted on 01/27/2011 3:02:43 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: lancer256
White House office humor …


5 posted on 01/27/2011 3:08:09 PM PST by jessduntno ("'How fortunate for governments that the people they administer don't think." - Adolph Hitler)
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To: lancer256

Which means that he believes that the people are TOO STUPID to know or do what is good for them. Despots, totalitarians, and tyrants throughout history have believed in their own intellectual superiority, also.


6 posted on 01/27/2011 5:46:58 PM PST by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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