President Barack Obama told an Ohio campaign crowd that the outcome of the November election will determine the nation’s economic future for the next 10 to 20 years. I wholeheartedly agree. If he gets elected, America’s economic future will be a disaster for the next 10 or 20 years and beyond.
He has disdain for prosperous people who create jobs. The notion that governments create jobs – whether Democrats or Republicans are in power – is a myth. Governments can only make conditions better or worse for economic development. The government doesn’t have any money to invest to create jobs. Taking money from some people and giving it to other people does not create jobs unless they are government jobs. But for every government job “created” only means that a job or two in the private sector was not created.
“We saved an auto industry. That saved hundreds of thousands of jobs here in Ohio,” President Obama said in an interview on a Cincinnati radio station. Who’s “we”? It wasn’t his money. It wasn’t the money of investors who took a risk on an industry that was headed for bankruptcy. The “we” is us, the tax payers.
Using the president’s logic, any company can be saved by pouring stolen money into it.
Read More at godfatherpolitics.com. By Gary DeMar.
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