Mr. Obama's Great White Whale


Posted on : 9/19/2011 05:00:00 PM | By : Dann | In : , , , , , ,

Every time I hear Mr. Obama talk about raising taxes on the 'rich'....

Every time I hear Mr. Obama speak derisively about the luxury of private jets....

Every time I hear a story about Mr. Obama's NCLB appointees halting the construction of a new Boeing plant in South Carolina....

Every time I read about Mr. Obama's EPA initiatives to install 'Cap and Trade' and other anti-CO2 measures without the benefit of Congressional authorization...

Every time I think of the impact of Obamacare...

I think of the above cartoon.  I've been thinking of the cartoon long before Mr. Ramirez drew it!

Investment drives our economy.  The wealthy and corporations are sitting on huge piles of cash instead of investing it because they fear that new taxes and regulations will make it impossible to recoup those investments.  This isn't about making new money.  It is about recovering the invested principle.

Those investments create jobs.  Jobs like the union jobs in Kansas and Oklahoma that build private jets.  Jobs like the non-union jobs created by the Boeing plant in South Carolina.  (For transparency, my employer has sold and will continue to sell products being used to build that plant.  In the larger scheme of things, it isn't a lot of money.  For us, the amounts are significant.  We also do business with other Boeing plants as well as the aircraft manufacturers in Kansas and Oklahoma.)

The government needs revenue.  Some regulations are indeed required.

There is a reason why the United States had a 'Great Depression' while the rest of the world had a depression.  There is a reason why the United States is in a 'Great Recession' while the rest of the world had a recession.

That reason is an excess of government and a lack of individual liberty.  When Mr. Obama comes to view individuals...and being not only qualified and capable of operating without total government direction, but also far more qualified at discerning the best use of their money, then we will see a recovery.

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