The Republicans' Dirty Little Secret

[dinar_stud]

The Republicans' Dirty Little Secret

Get out of the way? I don't think so. We don't want a big bureaucratic government, but the times absolutely require ACTIVE government.

Mitt Romney and the trickle-downistas in Congress want you to believe that if government just "gets out of the way," jobs will magically appear out of thin air. Hey presto! They want you to believe in laissez-faire government -- that we should leave the economy alone. That was a fine theory in the 18th and 19th centuries, thank you very much Adam Smith's The Wealth of Nations. And it may still have been an OK strategy in the early 20th century. But once globalization and technology made the world flat and interconnected... laissez-faire became obsolete. Why? Because our global economic competitors don't abide by those rules. Those competitor nations are hungry, actively intervening in the so-called "free market," to lure jobs for their citizens. Yet Romney and his Congressional allies desperately cling to the theories espoused by Adam Smith in the 1700s, hoping that we can return to those old days when our economy was isolated, not impacted by our economic competitors.

Almost every state's economic development agency identifies sectors to pursue and the governors offer partnerships, tax incentives, infrastructure and training to lure those sectors and create jobs for their people. The Republicans' dirty little secret is that their governors intervene in the "free market" all the time to poach jobs from other states. They actively pick "winners and losers" every single day. Mitt Romney did it as governor of Massachusetts. I did it in Michigan. We all do.

And that's what kills me about today's dueling speeches. Romney knows that governors don't have the resources to compete against China or India. A state alone can't match the offers of an entire country. The only place states can compete is against other states, using tax incentives to lure businesses from each other. That is stupid national economy policy. It's like moving the chairs around on the deck of the Titanic.

President Bush once told the President of China, Hu Jintao, that what "keeps him up at night" is terrorism. Hu Jintao responded that what keeps him up at night is "creating 25 million jobs a year for my people."

As a nation, we need leaders who will be sleepless over what actions they will take to get jobs here. We need to be restlessly obsessed with creating jobs for America in a global economy. So what keeps me up at night is the fear that people will vote to go back to the policies that got us into this mess. Have we learned nothing? We need national economic policy, and President Obama yesterday articulated one to make us globally competitive with energy, education, infrastructure and innovation. He is moving us forward.

Mitt Romney's trickle-down, laissez-faire, hands-off economic platform is not just stuck in the George W. Bush era, it's firmly planted in Adam Smith's 1700s. His policies are worse than merely "been-there-done-that." Going backwards to those policies would actually sabotage our future.

We've been in this movie before folks, and we know it leads to economic tragedy. Nice thing is, in November, you have the power to choose the way the story ends.

Source

[okane]

The bad thing about "talking politics" is folks just aren't going to agree, ever. Your point was well put just miss guided. Obama himself complains about how awful politics over the last 10 years have been the cause of our economic woes. Failing to remember that he has been at the helm for the past 3. Based on your opinion, I'm guessing you want to continue on this path? Are you out of your mind? Take care

[leesburg]

http://stockcharts.com/freecharts/historical/djia1900.html

heres a chart of dow jones history .. look and lear ... from 1960 to 1983 the dow wasaround 1000 .. kinda stagnant ... in 1983 policies were put in place by ronald reagan that began our biggest gans in history .. .. he explained it as trickle down economics .. and since the dumba crats been claiming theres no such thing .. .. including obama ... what they think the stock market is .. i have no clue .. ..

but reagan says if you invest at the top .. money will trickle down .. back to you /.. and more millionares were born than ever before ..

in 1983 ronald reagan signed into law the ira acount law .. //yes individual retirement account law .. before that there was none ...... ok by 1992 about the time clinton came into office 57 million people had ira accounts .. investing in the stock market .. thanks to reagan ... but clinton says ..look at the economy .. look what i did .. ..im the president .. the economy is creating jobs .. and he and the left wing media painted a picture of bill clinton creating all these jobs .. ..well they asked and still ask to this day what did you do .. to create these jobs .. nothing has changed .. none of your policies are changed .. but we have recession .. well

clinton has no answer .. nothing to show obama or anyone for that matter on how to create jobs ...

all they can do is put out stories like this .. claiming trickle down economics are a hoax ..only the democrats no how to create jobs ..

by the 90s with 57 million investing in the stock market there was plenty of money to expand auto plants steel mills .. minning .. and every aspect of retail .. plenty of tax revenues were being generated ,, .. and with al those jobs and revenue .. what did clinton do .. he raised taxes .. and created a recession by the end of his term .. as well as left a national security disaster in bushs lap .. 911 .. the democrat party needs to be a thing of the past ..in this coiuntry ... end of story .. i could write a book on those garbage people

[leesburg]

its a known fact .. the republicans want a free country .. the democrats want a police state ..

republicans want free enterprise .. democrats want govt control ..

i think its time to statr wearing guns and holsters again .. thats how the west was won ... not by some politition ...

yes once all the idiots were gone .."dead".. they didnt need to wear guins any more ..

well the streets are full of idiots again .. time to bring back the 6 shooters .... that and only that will fix this country from the morons like the one who wrote this topic

[cris]

I dont think dinar-stud means more Keynesian economics,

higher taxes or more job killing regulations.....but those are the

options right now.

A more free market, reducing restrictions on business, keeping

taxes low, and making clear to investors that it is safe to invest

in new jobs and business

Or increasing the number of Fed workers to look over everyones

shoulder, telling them to pay higher prices to do just the normal

work that we all want to do, without interference.

O'blah wants to continue with his policies, and has recently said,

just give him more time.....more time to increase taxes, more time

to snarl economic growth with further restrictions on what folks can

do, more time to send tax dollars to boondogles like Solyndra &

cash for clunkers.

Those are the current options. Free up folks to work in a Free Market,

or strangle them with increasing regulations

[leesburg]

just ask the clown for an explaination of clinton policies that creates all these jobs .. there is no explaination .. thats why obama never got an explaination.. obama claimed he had all the answeres 4 years ago .. when it was time to put up or shut up .. all obama could do is blame someone else for his failures ..

[leesburg]

ah yes i can remember obamas speech at the end of december 2009 ... when he said .."i will not rest till every american that wants a job ...has a job "... 3 days later he went to hawahi for 3 weeks on vacation .. /.... thats obama

[cris]

The Wheels Have Come Off the Obama Jobs/Economy Bus … Obama at 26% Favorable for Handling the Economy

HEY BARACK, ITS ABOUT THE JOBS!!! Barack Obama is at 26% favorable for handling the economy. The public is starting to turn on Obama and blame him for the economy. The public is growing weary of his excuses. That is down 11% from the last time Gallup measured Obama’s favorability in May 2011. A whopping 71% now disapprove of how Barack Obama is handing the economy. That is going to leave a mark. However, does it come as a shock to anyone, Obama has been in free-fall in his job approval.

It would appear that Obama has become the 20% President. On other important political issues Obama does not fare much better. The economy is the #1 issue of the 2012 Presidential election and Obama is not underwater, he is at the bottom of the ocean. This election campaign is going to get ugly as Obama obviously cannot run on his record, he and his minions will have to attack the GOP candidate at every turn, of course with the willing help of the MSM. How many times has this President been told its about JOBS, JOBS, JOBS? Yet, he has made so many other of his liberal agenda the priority.

[dinar_stud]

The bad thing about "talking politics" is folks just aren't going to agree, ever. Your point was well put just miss guided. Obama himself complains about how awful politics over the last 10 years have been the cause of our economic woes. Failing to remember that he has been at the helm for the past 3. Based on your opinion, I'm guessing you want to continue on this path? Are you out of your mind? Take care

Did you see me give an opinion???

I posted something I found interesting, and I labled that way in the title of this post "Interesting point of view", I did not say anything in favor or against.

Now here is my opinion the economy we have today is not Obamas doing alone and its not Bushes doing alone, it was the combined efforts of both political parties and both economical points of views Kenysian and trickle-down, laissez-faire.

You can blame Obama and it will reflect how good you are at talking points and if you only blame Bush the same applies, we have been heading down economically hill for several decades and if you cannot see that you are biased and politically blind.

Edited June 18, 2012 by dinar_stud

[okane]

You can blame Obama and it will reflect how good you are at talking points and if you only blame Bush the same applies, we have been heading down economically hill for several decades and if you cannot see that you are biased and politically blind.

Did I see you offer an opinion? I CLEARLY saw you share a article that was "biased and politically blind". If that wasn't your intent then you shouldn't have shared in such fashion. Personally, I feel there is plenty of blame to go around.

[darwinatridge]

The fact is that Obama promised change during his campaign and the only change that has taken place is that things have gotten worse. His arguments that it was all Bush's fault is no longer relevant. It is clear that Oboma did not and has not a clue what he is doing other that turning America into a police state. We have history to show us what happened to Germany when they where in the same economic position that we are today. Look for a scape goat and blame someone else for their problems. Do you really think that with the same kind of leadership in charge that things are going to be any different? And yes, Hitler was a socialist. Welcome to the new mother land!

Edited June 18, 2012 by darwinatridge

[jgreene]

it is cheaper for the govt to pay a man entitlements and not to work than give him a govt job. Govt jobs average 100k per year in which the participant pays an average of 15% income tax on after deductions. That is a netback of -85000 to the taxpayer on a 100k govt job. Private sector 100k jobs paying 15k in inocme tax = +15000 to the taxpayer at the federal level. Not rocket science. The govt will break us artificially stimulating the job economy with govt jobs. On top of that in most cases you have unfunded retirement liabilities that go along with the -85000 we net from a 100k public sector job....

[thegente]

I dont think dinar-stud means more Keynesian economics,

higher taxes or more job killing regulations.....but those are the

options right now.

A more free market, reducing restrictions on business, keeping

taxes low, and making clear to investors that it is safe to invest

in new jobs and business

Or increasing the number of Fed workers to look over everyones

shoulder, telling them to pay higher prices to do just the normal

work that we all want to do, without interference.

O'blah wants to continue with his policies, and has recently said,

just give him more time.....more time to increase taxes, more time

to snarl economic growth with further restrictions on what folks can

do, more time to send tax dollars to boondogles like Solyndra &

cash for clunkers.

Those are the current options. Free up folks to work in a Free Market,

or strangle them with increasing regulations

Well said Cris! I know 1st hand how over-regulation can stifle growth...it happened to me approximately 2 years ago. Without the BS regulations, I'd have a minimum of 10-20 employees, all making between 50K-200K per year. Instead, I had to lay off the 4-5 folks I had working for me, and entirely re-tool my business model, and now it's just myself and an admin working...not making the money I was before, but steady enough to live ok right now. Government needs to stick to paving our roads, cleaning our sewers, and dedicating parks and such, and leave the business to folks who have the drive to take risks and hopefully succeed. Career politicians who have never ran a business, have absolutely NO BUSINESS enforcing regulations on a system of which they know nothing about....

[SevyShasha]

lol negs on OP

Romney 2012

[40oz]

If it were only about creating jobs, and not value, then the government could hire all of the unemployed to dig holes and fill them back in.

The answer is to remove corruption from our government, to create a free-market economy without bailouts and special interest groups that grease our politicians. That and stop printing money to police the world.

[thegente]

If it were only about creating jobs, and not value, then the government could hire all of the unemployed to dig holes and fill them back in.

The answer is to remove corruption from our government, to create a free-market economy without bailouts and special interest groups that grease our politicians. That and stop printing money to police the world.

Amen to that!!

[powerpager]

Romney is not dirty !!!