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Obamanomics Replaces Trickle Down Economics With Trickle Up Bureauacracy

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Crap Detector

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Dec 21, 2009, 7:45:28 AM12/21/09
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Any new jobs created by Obama's stimulus packages, and excessive spending
have been created only in the government sector. So these are not real jobs
as they merely add to government
spending and debt. No real private sector improvement has been shown in job
creation.

Taxes, higher interest rates and inflation will soon be going way up, and
that is a disincentive to job creation. The horrific increase in government
debt at all levels, federal, state and municipal will also have a very
negative impact on business confidence and job creation. For Obama,
the Democrat party and the American people the long-term economic outlook is
very bleak.

--
By the test of serious intellectual
persuasiveness, Marx was hardly a
a 'great thinker", though he often appears
as such in low-level academic curricula.
---Robert Conquest "Reflections on a
Ravaged Century".

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