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To: JLS

Very insightful and spot on questions. The only “flaw” in them is that they are based on common sense and immersion in the real world. Obama, Pelosi, the czars, Congress...these are people who for the most part have never held jobs that required results, much less run their own businesses. To make it worse, they were hatched in the public sector, where those in charge of hiring and policy making would not be troubled in the least by your questions, because they have what they believe is a limitless money stream.

I wonder if your questions even occurred to any of the policy makers in the White House, and if they did, how many seconds it took them to either dismiss them outright or find ‘social justice’ in stressing business owners.


15 posted on 09/27/2009 10:59:56 AM PDT by LostInBayport (The magnetic strip on the back of the Race Card is worn out from overuse.)
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To: LostInBayport

Ha. Oddly I am an academic, but I am an economist. I would think most economist would recognize that Obama has adopted a number of policies that are not economic growth friendly.

I guess if one were of a different view, one would argue that cap and trade would partly be offset by “green jobs” in the long run, a healthier work force would help increase GDP in the long run, a more unionized work force with long term employment contracts would give businesses more cost certainty in the long run. I can not think of an economic argument for raising marginal tax rates on income nor increased regulation.

So as you can see even for economists this really comes down to your point of view. But ultimately if you do things that harm economic growth, you have to pay a price in terms of economic growth.


24 posted on 09/27/2009 11:15:06 AM PDT by JLS
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