tag:blogger.com,1999:blog-3776665703590564248.post7298213886017640931..comments2024-03-27T01:57:19.605-04:00Comments on Return To Excellence: Responses - An Analysis Of BO's SpeechReturnToExcellence.nethttp://www.blogger.com/profile/18149859814999976879noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3776665703590564248.post-30320893623518426952011-09-14T20:02:32.154-04:002011-09-14T20:02:32.154-04:00The gentleman's comment; "times have chan...The gentleman's comment; "times have changed since then," is simply not accurate. It is simply a continuation of bad economics and politicians looking to get re-elected not knowing or caring if what they say and do has good or bad consequences. This has gone on since ancient times. Obama is just another in a long line of incompetent "leaders."<br /><br />Obama does have a problem, he has lost any credibility on the issues of economics, jobs and the national debt. His speech was nothing more than rearranging the words and the same old phrases. Remember the "shovel ready" jobs? Same old, same old.<br /><br />Simply stated the only job the government can create is…. a government job. It can attempt to provide incentives but in doing so it takes assets from the private sector, and sqaunders them. This is how we end up with bloated inefficent government.<br /><br />When a private company does this (unless they are anointed "too big to fail in Washington") the only ones hurt are the employees, bondholders and stocholders. When the government follows this course everyone is affected. Right now to the tune of over $14 trillionevery US citizen is being impacted, not to mention being sold out to China and other foreign nations. <br /><br />The biggest problem for the Republicans are a) They stink at public relations b) too many of them are cowards or inept They allow themselves to be used by Obama and the Dems either through fear or ignorance. <br /><br />When Obama talks of "sharing the wealth he only gets away with it because the Republicans start having "intellectual discussions" on the topic. <br /><br />Instead they need to call him, Pelosi, Buffet, Clinton and every other phony out on the "share the wealth" issue. Demand the Dems start "sharing their wealth" and they will clam up. <br /><br />If the Democrats want to use class warfare, use it against them. Frame the argument. For example demand to know how many houses they own and are they letting "homeless people" stay there? If the answer is no, inquire why not. <br /><br />Get them on the defensive. <br /><br />Once you get them to back off, we can then begin to educate the American people on the biggest problem we have, namely the US tax code. Until it is changed, there will be no real job creation.<br /><br />Until the Republicans learn how to explain economics and their positions, they will continue to be outmaneuvered.DCnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-72650134202808751502011-09-14T09:58:18.934-04:002011-09-14T09:58:18.934-04:00In regards to #4's question on Jobs & Defi...In regards to #4's question on Jobs & Deficits.<br />There needs to be no increase in any part of the federal government, all depts., agencies etc., ZERO increase. A total Repeal of Obamacare would help tremendously with deficits and restore our constitution. These 2 points will cuts deficits. Be clear on tax policy moving forward and cut tax RATES and physically shrink the structural size of the federal government by closing depts., and agencies that are unconstitutional and where the federal govt was never meant to be involved...this of course is the short version and would need to be more detailed...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3776665703590564248.post-46361589930507035192011-09-13T23:08:27.344-04:002011-09-13T23:08:27.344-04:00BO and socialist leaning Democrats and elite media...BO and socialist leaning Democrats and elite media have huge advantage advocating public jobs and spending programs while downplaying debt reduction. <br /><br />1 - Two electorate factors further damage debt reduction <br /><br /> 2 - Electorate is used to welfare and entitlements and will very reluctantly relinquish.<br /> Electorate only weakly understands debt finance analyses let alone impact of debt to GDP ratios.<br /><br />Several economists correctly predicted the 2008 Great Recession few years in advance. One who did is David Weidemer. He has updated his 2010 NY Times bestseller 'Aftershock' with 2nd edition released this Summer. He starts off in 1st chapter :<br /><br />“We can either experience pain now or significant more pain later. At present we are choosing significant pain later.”<br /><br />He again presents an exhaustive economics analysis of where we are headed due to our increasing debt. <br /><br /> Very few in the US understand that we are truly playing with fire. Once our foreign creditors start viewing our Treasuries as toxic our economy may enter an unprecedented disaster.<br /><br />So what should our strategy be?<br /><br />1 - need strong credible leaders presenting hard facts in understandable ways<br /><br />2 - bloggers and alternate media are on rise. Let's accelerate impact. Challenge all media elite myths about the economy.<br /><br />3 - Is politics too controversial with friends, family, coworkers, neighbors? Definitely not now. However focus on economic not political strategies. Discuss hard facts such as public jobs spending create temp jobs which are lost if spending stops thereby mainly increasing deficit. Discuss also risks in financing our debt by foreigners.<br /><br />4 - prioritize private economic growth policies which will decrease need for cuts. Promote the Fair Tax as a measure to increase jobs and economic growth.<br /><br />5 - strongly advocate many cuts that can be made before touching entitlements. These include privatizing the PO and Amtrak, eliminating education and energy depts, defense cuts.<br /><br />6 - advocate oil and gas drilling as way to increase jobs and trade deficit<br /><br />7 - get involved very strongly in campaigning for the right candidates.Ted Hruzdhttp://economics.wordpress.comnoreply@blogger.com