Saturday, August 20, 2011

"This Is A Recording..." (by our absent President)

Today's (pre-recorded) message by Mr Obama said exactly what I predicted he would say in one of my blogs earlier this week. "Extend payroll tax vacation; create construction jobs."

And once again I would remind liberals that he tried both, and neither resulted in either jobs or adding to the economy.

Take "construction" jobs for infrastructure, for example. Obama thinks that by paying those workers with tax money, that it infuses into the economy and creates a gain. But that is utterly impossible - and only an idiot could believe it because all he is doing is taking YOUR spending money (from taxing you) and giving it to someone else to spend. The money gets spent in either case, so there is ZERO gain to the economy. The only gain is for unions - most construction jobs are union jobs. In other words, he is using our tax money to fatten unions and buy their votes. That's it.

Here is a simple test for liberals - if you give a dollar to a homeless person, did you add to the economy? No, because you would still have spent it, anyway.

Worse still, construction jobs - even those not paid by tax money - do not add to the GDP - no products are created. Mr Obama, if you MUST take our money and give it to someone else under the pretense of jobs, at least give it to someone who will CREATE something worthwhile - something that adds to the GDP, which strengthens, not weakens the economy.

The government does not EARN any money. Every dime they spend has a zero gain effect on the economy, because they take from Peter to pay Paul. But liberals never seem to understand that.

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