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Editorial: Dems Blame Business For Own Bad Policies
IBD Editorials ^ | May 12, 2011 | Staff

Posted on 05/12/2011 6:52:17 PM PDT by Kaslin

Economy: President Obama says he wants businesses to "step up" and hire more. If he's really sincere about wanting more jobs, he should stop demonizing and punishing American corporations for their success.

'Companies ... (are) making a lot of money," President Obama told a town hall meeting Thursday, "and now's the time for them to start betting on American workers and American products."

But the fact they're not "betting" more isn't their fault. It's Obama's — and his Democrat allies in Congress. Their tax-and-spend policies have pushed our nation to the brink of financial ruin, creating uncertainty and an unstable investment environment for companies.

The president let his true feelings slip later Thursday, telling a laid-off government worker there's "nothing more important" than working for the government. He then blamed "huge layoffs" in government for our current job ills. So why do businesses have to "step up"?

There are, as a matter of record, 418,000 more government jobs today than when the recession began, as noted by the National Review's Jim Geraghty. And face it, government "jobs" are mostly a waste, far below the private sector in productivity.

Even so, Democrats have in recent weeks implied repeatedly that companies are somehow unpatriotic for refusing to invest the $2 trillion in cash on their books.

But what sane company would invest at a time when it's in the government's greedy cross hairs? Or when both the White House and Congress repeatedly criticize "millionaires and billionaires," and threaten to crush small businesses — the engines of job growth — with higher taxes and new regulations?

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


TOPICS: Business/Economy; Editorial; Government
KEYWORDS: business; economy; jobs; layoffs; obama; unemployment; workers

1 posted on 05/12/2011 6:52:22 PM PDT by Kaslin
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To: Kaslin

Just when I thought he couldn’t make a more stupid statement, there he goes again. I cannot believe he wasn’t laughed off the stage. A very sad state of affairs if the audience actually agrees with him.


2 posted on 05/12/2011 6:56:12 PM PDT by SueRae (I can see November 2012 from my HOUSE!!!!!!!!)
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To: Kaslin

Yep, that’s what businesses are in business for . . . just to hire people . . . that’s all . . . and if they make profits, they’re penalized . . . if they fire rotten workers, they’re sued . . Having a mental midget in our White House who thinks that the companies are in business to hire people and NOT to make profits, does not make me happy.


3 posted on 05/12/2011 7:01:39 PM PDT by laweeks
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To: SueRae

Lets see...

Do I need an employee? yes
Do I want an employee? yes
Do I have the money for an employee? Maybe, depends on what obama does to the economy and mandates that I must pay for.

Will I hire an employee? hell no.


4 posted on 05/12/2011 7:02:26 PM PDT by cableguymn
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To: Kaslin

The Obama administration is the worst anti business, anti wealth, anti success, anti free markets, anti capitalism presidential administration in American history.

Not even Carter’s administration, as bad as it was, can hold a candle to the disaster that is Obamanomics.


5 posted on 05/12/2011 7:03:29 PM PDT by scorchedearther
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To: Kaslin
It is obviously more of a challenge to become a successful
company than it is to become an incompetent president.
6 posted on 05/12/2011 7:06:57 PM PDT by clearcarbon
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To: Kaslin
Obama and his liberal ilk are economic illiterates but the parties and concerts will continue unabated at this white house.

Nero himself couldn't do it any better.

7 posted on 05/12/2011 7:10:37 PM PDT by Bullish (the golfer gets all the credit while the jet fighter pilot gets all the blame.)
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To: Kaslin

This is the mistake Pres. Hoover made after the 1929 crash. We are in for miserable times to be sure.


8 posted on 05/12/2011 7:31:07 PM PDT by Stepan12 (Palin & Bolton in 2012)
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To: Bullish

Here’s what the President of the Black Chamber of Commerce thinks of Zero:

http://www.realclearpolitics.com/video/2011/04/29/black_chamber_of_commerce_president_blasts_marxist_brownshirt_obama.html

Apparently, Zero’s business policies aren’t appreciated by one and all. LOL


9 posted on 05/12/2011 7:54:05 PM PDT by ExTexasRedhead
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To: Kaslin

POW! Right in the kisser! Good on you IBD.


10 posted on 05/12/2011 8:11:27 PM PDT by MileHi ( "It's coming down to patriots vs the politicians." - ovrtaxt)
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To: Kaslin; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; rabscuttle385; mkjessup; ...
You got to give Democrats credit for one thing. They always know how to blame, the one thing they are experts at. Even if they are in charge it's : businesses, the rich, oil companies, speculators, corporations, banks, CEOs, the SCOTUS, Arizona, tax cuts, oil subsidies..all at fault ... make the voters still think they are out of power by endlessly pointing fingers.
11 posted on 05/12/2011 8:22:35 PM PDT by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: sickoflibs
Progressives blame others reflexively for the results of what they themselves are doing; in part because it is a natural result of psychological projection, but also because when employed as a tactic, it frequently works.

"Blaming the Victim" has a long pedigree as a political tactic among those who seek stolen power and unearned wealth. The only way to stop it, ultimately, is to deprive the Left of victims. We must reestablish the objective rule of law, the plain meaning of language, and return to a common understanding of rights, duties, obligations and values.

Short of such an undertaking, the only means to stop a thief from stealing something from you is to deny his ability to take it from you. I will let you consider what, as a practical matter, that might mean for us in our time.

12 posted on 05/13/2011 6:04:56 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: Kaslin
The president let his true feelings slip later Thursday, telling a laid-off government worker there's "nothing more important" than working for the government.

Even if that work is being a nonessential spokesperson for the zoo!

13 posted on 05/13/2011 6:33:50 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: Kaslin
President Obama says he wants businesses to "step up" and hire more.

Boeing wants to hire 1,000 people in South Carolina and the Obama administration won't let them! The One's rank hypocrisy is so overwhelming sometimes I think it's going to crash my Mac!

14 posted on 05/13/2011 6:36:11 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: scorchedearther

15 posted on 05/13/2011 6:38:31 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: Kaslin

Wesley Mouch comes to mind.


16 posted on 05/14/2011 3:43:37 AM PDT by RWB Patriot ("My ability is a value that must be purchased and I don't recognize anyone's need as a claim on me.")
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