Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Why Obama economy won't improve
World Net Daily ^ | August 23, 2011 | Michael Master & Jack Tymann

Posted on 08/28/2011 3:20:33 PM PDT by nandrew

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-28 last
To: truthguy
I cannot make up my mind if he's stupid or evil or some combination.

He's an evil, idiot savant.

21 posted on 08/28/2011 6:21:34 PM PDT by seowulf ("If you write a whole line of zeroes, it's still---nothing"...Kira Alexandrovna Argounova)
[ Post Reply | Private Reply | To 15 | View Replies]

To: wayoverontheright
Obama insists on “targeted”, “focused”, and temporary measures while the economy’s revival requires broad based, systemic, and permanent reform.

Right on! Biggest economy in the world, and he wants to tax the top 10% more, and relieve the bottom 90% of contributing anything at all.
22 posted on 08/28/2011 7:44:41 PM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
[ Post Reply | Private Reply | To 12 | View Replies]

To: unkus

Catch Newt on Hannity, he’s been brilliant, fiscally speaking;

Wall Street’s Rough Day, Part 2 (Hannity Video, Newt On Point!)
http://www.freerepublic.com/focus/f-news/2766536/posts
FOX link;
http://video.foxnews.com/v/1117093010001/wall-streets-rough-day-part-2/?playlist_id=86924


23 posted on 08/28/2011 7:49:21 PM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Son House

Thank you, Son House. Good point but there’s too little noise being made about the evil bastard.


24 posted on 08/28/2011 7:55:46 PM PDT by unkus (Silence Is Consent)
[ Post Reply | Private Reply | To 23 | View Replies]

To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks nandrew.
...He lied one more time....The reality is 2.5 million jobs in the private sector have been eliminated since [Zero took] office... 2 million new applicants for jobs enter the work force each year, [so Zero] is really behind in the creation of 7.5 million jobs... Another 3 million will enter the work force by the end of 2012, so he needs to create 10.5 million jobs by the end of 2012 just to get back to the 7.6 percent unemployment... [Zero] needs to create 617,000 new jobs each month just to break even
So far the only jobs he's "created" were those illegal czars he appointed.


25 posted on 08/29/2011 12:31:40 AM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
[ Post Reply | Private Reply | View Replies]

To: nandrew
We can get out of this by voting out or impeaching Obama

No. We cannot.

The only way out of this is to vote out or impeach zer0 and all the congress critters who campaign right and govern/legislate left.

Getting rid of zer0 will not help with the demwits and RINOs left in his wake.

26 posted on 08/29/2011 6:33:13 AM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: TheOldLady

To accomplish this we need to get more independents to embrace the Tea Party.


27 posted on 08/29/2011 9:05:11 AM PDT by nandrew
[ Post Reply | Private Reply | To 26 | View Replies]

To: nandrew

Obama’s economic plan will not work because, simply, it will not create self sustained economic activity. The real problem is that throwing money into the economy will not achieve any long term good results. It will help a little bit short term. However, once the funds are gone, so the benefit or effect the money had on the economy. However, the money used for the stimulus will contribute even more to inflation. Don’t believe the government when they say inflation is under control, it is not, look at the price of gold and look at a small bottle of Tylenol that now costs almost $8.00.

Why this model does not work? As I said, it does not sustain the economic cycle. An economy cycle is fueled not by money. Generation of money, or wealth, is the net result of economic activity. The fuel of economic activity is simply, natural resources. Take for example sand. How much is worth to you 10 pounds of sand? Nothing, unless you want lay some bricks in your house. However, Intel takes this natural resource which is really called silicon, and transforms it into crystal wafers that are then used to create the Computer chip that is in your electronic devices. Now, we are talking...

You are now willing to take the transformed Silicon and pay from $100 to over $2000 depending on the CPU you want or need, how powerful it is. Hence, it is when a business takes natural resources and transform them to add “utilitarian value” that is perceived to be worth more than the cost of the natural resources, or raw material used. The consumers are willing to pay for that product.

Hence, this is what generates economic cycle. Now, let me say something, the trillions of dollars that Obama wants to use to stimulate the economy will create great amount of economic activity, but not here in the US. It will create economic activity in China, Korea, Malaysia, and other countries but not in the USA. Why, because we are going to use that money to buy products manufactured in those countries, not here in the US? Why? Simply, because the US stopped producing or manufacturing many products many years ago. BTW, this is called Redistribution of Wealth which has been one of the main objectives of the Democratic Party.

The Democrats and also the Republicans by their stupidity or their wallets have contributed to this problem. You see, we have mercantile laws that protect us from foreign countries that pay slave salaries, like the countries I mentioned above, to dump products in our markets. Simply, because our economy is more advanced, and our wages are higher. Hence, these countries manufacture those products cheaper than we can. Hence, when the products are dumped here in the US, they have an unfair cost advantage. They lower the price of their products to a point where our companies cannot compete.

Hence, they either went bankrupt or move manufacturing to these countries. Then how is it possible if we have mercantile laws that were supposed to protect our markets? Ahh, the democratic congress pushed for “Trade Agreements” with these countries saying that this was good for the country and for US consumers. It did gave us cheap products but at what price? We have lost most of our industrial manufacturing base.

If you download the Trade Balance and Balance of Payments documents from the Department Of Commerce, you will see that both started to become negative and have been negative since 1974, the first time they went negative. It does not take 2 cents to verify that Democrats started to push for these Trade Agreements as early as 1960. The Trade Balance measures all the money we going out or coming into the US from selling or buying manufactured products. If it is negative then we are buying more than we are exporting and that means that money left the US. The Balance of Payments adds services like tourism and consulting etc.

I will say the Redistribution of Wealth has been a success. Let me point out that every job that was lost when we closed manufacturing plants also affects other jobs since for every person that lost their job in manufacturing 5 to 10 additional jobs were lost from businesses that supported the manufacturing company employees. This is a well know economic effect.

Hence, Obama really does not know anything about basic economic principles. Maybe he does but he wants to turn this country into a Socialist/Communist country, this is a fact. Read his books. Hence, maybe they want the economy to fail so that they can create more dependency on the government.

If we don’t stop this now, well, I love my freedom and I will like my children to also have the same freedom I had. A free enterprise economy works and the US is prove of it. Communism/Socialism does not work. I am willing to debate this with the best Communist/Socialist person only if they have an open mind to understand why these economic systems do not work. If they want to research a bit, the go ahead and study the principles of supply and demand and how it works as it creates economies of scales, maximization of utilization of natural resources and more.

I don’t want to talk about Social Justice because as we can see from Obama’s Ideas the worst injustices are commited on the name of their view of Social Justice. Let me end with this. One of these altruist Democrats will start by saying: It is not fair that this rich people buy a Big Yacht/Boat or a Big Plane.

I will then add: How about if they buy a row boat or just a Hand-glider? Is that OK? They will say, well, yes that is OK. I will then say: Howe about a 20 footer boat, or a glider? Is that OK? They will probably say: Well you are pushing it but that is OK. Now look what happens. The company that made the small row boat or small yacht, employs from 10 to 50 people. They use less than 100 parts. The same with the glider. However, how many parts are required to build a large luxurious plane? Or a Large Luxurious Boat? Hundreds of thousands of parts with thousands of companies involved, which employ hundreds of thousands employees. Do you see the stupidity of their rationale?

Don’t take me wrong Obama and Democrats are not bad people. It is just that they are ignorant, they don’t want to open their minds and learn these concepts. Once you learn what I just explain, wouldn’t then you say: “Please, let these people buy large planes, the largest and most luxurious they can, and large expensive boats as they are helping companies that are employing hundreds of thousands of people.

Hence, what do we need to sustain economic recovery? A government that recognizes these things and that will amend these trades agreements so that ANY COUNTRY that wants to sell products in the US will have to manufacture them in the US. We did this with many countries after WWII, we had to manufacture in those countries as every one of them have also mercantile laws and we used to respect them. Hence, we help them to develop their economies and also helped us develop ours as we were able to manufacture and sell the same products in different countries, selling them at the prices their economies would sustain, make profit, and everyone won.

That is the real solution and it does not take that much to change it just a paper, a pen, and Ink and signature of a President and Government that truly represents the Interests of All Americans. I hope you all read this copy it fix it as I am writing this in a hurry, in the hopes that people will open their minds and make the right decisions in the upcoming elections. Frankly the future of this nation is at stake, and our freedom as well.


28 posted on 08/30/2011 6:10:04 PM PDT by willieh811
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-28 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson