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SOWPub Business Forum Seeds of Wisdom Forum |
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Re: Obama to Entrepreneurs... Just for your info whether you like it or not...
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Right! Buy stock in whatever companies the government is about to invest in.. then sell as soon as the taxpayer money pushes the value up. The Wall Street Journal published a scary article: http://online.wsj.com/article/SB123629969453946717.html Mr. Obama's $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined. The cost of transitioning to Communism seems to be pretty steep. Sorry I don't have answers to all our countries problems, but I would say that maybe not making things worse would be a good start. Deficit spending that exceeds that of every President in our history combined?!? Just the though of that is mind boggling. Perhaps letting the economy run it's course would be a better solution. Necessity is the mother of invention - entrepreneurs, business owners, anyone with ambition will find products and services to meet current needs, and will grow and provide jobs, income, and grease the wheels of our economy. It seems like a stupid idea to take away any incentive for people and businesses to make money (ie: much higher taxes), and instead try to make trillions of dollars trickle down from the White House to lower government institutions hoping that some of it will eventually make it to job creation at some level. Sorry, now you've got me ranting. I just hope we survive the next 3 1/2 years. |
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