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Deconstructing Obamanomics: What Is The Real Goal?
Forbes ^ | 01/25/2013 | Bill Frezza

Posted on 01/25/2013 6:11:56 AM PST by SeekAndFind

As President Barack Obama begins his second term, democratically returned to office by a majority of Americans who seem to buy what he is selling, it would profit us to pause a moment and examine the discrepancies between the vision he expounded in his inaugural address and the economic reality that surrounds us. This leads to a pivotal question: What, exactly, is the underlying purpose of Obamanomics, and how would we know?

Logic offers two choices. We can take the president at his word, and then ask why the promised economic recovery, growth, prosperity, and equality, haven’t arrived yet. Or we can ascribe darker motives to the policies that have brought our country to the brink of ruin. That raises the horrifying possibility—unlikely as it might sound—that precipitating an existential crisis in order to bring about radical change has been Obama’s underlying agenda all along.

If we take the high road and accept Obama at his word, as most Americans have, we are led to three alternatives. The first is that the Keynesian nostrums applied to goose the economy—bailouts, stimulus spending, money printing, artificial suppression of interest rates, government “investments” in all manner of money-losing schemes, and a rapid expansion of the welfare state, all with the goal of increasing “aggregate demand”—are working fine. All we need is to give Washington a bit more time, a little more spending leeway, and a few more tax dollars extracted from those who can most afford it, and all will be well.

The second possibility is that the president’s macroeconomic policies are not working because they are too modest. Therefore, we must let Washington double down and play an even larger role in the economy, or all will be lost.

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


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Government
KEYWORDS: economy; obama; obamanomics

1 posted on 01/25/2013 6:12:00 AM PST by SeekAndFind
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To: SeekAndFind

“The wearing down of America”

http://vimeo.com/52009124


2 posted on 01/25/2013 6:24:27 AM PST by mountainlion (Live well for those that did not make it back.)
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To: SeekAndFind
President Cloward-Piven's only goal is to overwhelm the system.

It doesn't take a genius to muck things up. As a matter of fact, the more incompetent you are, the better.

3 posted on 01/25/2013 6:42:55 AM PST by E. Pluribus Unum (TYRANNY: When the people fear the politicians. LIBERTY: When the politicians fear the people.)
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To: SeekAndFind; mountainlion; E. Pluribus Unum

Wall Street gets what it wants...

It must want deficit spending.

I ask myself why ? It does not seem smart to little old small business me to bankrupt the Federal government.

Who is winning here ?

Why do they continue to back politicians and advise them to give up national sovereignty and bankrupt the Federal government ?

I know my answers to these questions.

Food for thought...


4 posted on 01/25/2013 6:57:44 AM PST by PieterCasparzen (We have to fix things ourselves)
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To: E. Pluribus Unum
As a matter of fact, the more incompetent you are, the better.

Class warfare is the name of this game, and the non-productive side is now winning.

As I've watched all the regulatory changes in the banking industry, and now see what's happening wih health insurance, it's really become very clear to me now. THIS, is the cold, hard truth...

Pro-business policies benefit productive people and people with money. Businesses cater to customers who HAVE money, or HAVE insurance...because they want profit, and THAT'S WHERE THE MONEY IS!

In this kind of system, if you WANT THE GOOD stuff, you HAVE TO WORK FOR IT!

Governmemt (ie: Obama) policies are designed to cater to the non-productive and the poor, because... THAT'S WHERE THE VOTES ARE!

I know, this view is cynical, and sounds callous.... but, reality is, Society as a WHOLE gets better, and MORE productive in the first case...

And, it gets worse, and LESS productive in the second.

5 posted on 01/25/2013 7:12:16 AM PST by SomeCallMeTim ( The best minds are not in government. If any were, business would hire them)
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To: SeekAndFind
The third possibility is that, noble intentions aside, the Keynesian plan is not working, cannot work, never has worked, and never will work.

The fourth possibility, for the sake of accuracy, could be that there are NO noble intentions here. The fourth possibility is that Obama knows with great certainty that his economic plans cannot work, and it's only a matter of time before he destroys the American economy as we know it.

6 posted on 01/25/2013 7:27:33 AM PST by Lou L (Health "insurance" is NOT the same as health "care")
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To: mountainlion

Thanks. I just bought this movie and will make sure that my family and friends view it.


7 posted on 01/25/2013 7:36:11 AM PST by agondonter
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To: PieterCasparzen

IMO Wall Street LOVES a system where a big central government can pick winners and losers. In that scenario a few carefully placed bribes can keep the gravy train rolling almost indefinitely.

In a true free-market scenario with many different actors and centers of power it become akin to herding cats. Which is to say, far less predictable. And everyone wants to be able to predict what their quarterly bonus will be.


8 posted on 01/25/2013 7:36:11 AM PST by Buckeye McFrog
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To: SeekAndFind
That raises the horrifying possibility—unlikely as it might sound—that precipitating an existential crisis in order to bring about radical change has been Obama’s underlying agenda all along.

Unlikely? Look at his background, undocumented though it may be, his family, his mentors, his education, his associations. He is seeking "fundamental change" of a kind that ain't good!

9 posted on 01/25/2013 7:57:46 AM PST by JimRed (Excise the cancer before it kills us; feed &water the Tree of Liberty! TERM LIMITS, NOW & FOREVER!)
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To: SeekAndFind

“What possible difference does it make?”


10 posted on 01/25/2013 8:17:30 AM PST by Paladin2
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