The babble, dribble, drool, and spew from the Rocket Scientists has taken its toll once again. And the Incompetent-in-Chief's Obamanation will continue the destruction with the coming economic malfeasance known as Obamacare, Cap 'n Trade, coupled with massive inflation caused by the useless Porkulus.
Related:
"Stop the Madness that's Killing Jobs"
Excerpt:
"Why is this job decline happening? The private sector — the real engine of economic and job growth — won't hire because it's scared of what it sees coming out of Washington.
On the horizon, as far as the eye can see, are higher taxes, uncontrolled spending and layers upon layers of new regulations.
Who would hire new workers faced with that?
Also, the federal government is meddling in the private sector as never before — in essence, nationalizing two of the three major car makers with $200 billion in subsidies and capital infusions, turning our banking system into a fourth branch of government through the $700 billion TARP program, spending $200 billion to take over Fannie Mae and Freddie Mac and put them back in the business of lending to people who can't pay their loans — which is how we got into trouble in the first place.
And that's only what's been done in the last half year or so. What really scares private businesses is what's in the pipeline.
• Health insurance reform: Estimates for reforming our medical care range from $1 trillion to $3.6 trillion, with much of the bill footed by businesses. All to take care of 46 million uninsured.
But 10 million of those aren't citizens. And according to former CBO chief June O'Neill, 43% of the total could afford to buy coverage but don't. So the problem is much smaller than people think.
As for current plans to take over our health care system, they'll barely help. According to Congress' own think tank, spending $1 trillion will only remove 16 million from the 46 million uninsured. (likely much more $$ and fewer people newly, not to mention the problem of rationing and lower quality of care for everyone else.)
• Cap and trade: A major reshaping of our nation's energy policy will include massive new taxes, mostly on businesses, and cause our economy to crater. Most depressingly, despite taxing businesses and consumers to the hilt, the Waxman-Markey climate stabilization act will not remove one ounce of carbon from our atmosphere over the next decade.
It's nothing but a huge scam that will bankrupt any business that relies heavily on energy, boosting fuel prices by 22 cents a gallon and socking the average family with an $1,800 a year (more like $4000 yearly, including indirect costs) tax hike."
We haven't even begun to talk about the thuggery, the increased government intrusion into our lives, and the forthcoming erosion and/or elimination of stated and unequivocal Constitutional rights, and the invention of new "progressive" worldview agenda-driven imaginary Constitutional rights.
How bad is it going to get?
Let me ask the real question.
How bad are we going to allow it to get before we take action?
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