Progressive left leaning liberal policies, the biased support of the main stream media for Obama in 2008 and failure to honestly vet his political economic theories or union ties have help make the next generation of American youth permanently poorer
StarBuzz Weekly, Toronto-Sep 17, 2011 - Obama’s Stimulus Plan 2 Bribes Business to Buy People a 2 Year Temporary Infrastructure Job for 2 Years of Tax Concessions and continues to spend borrowed money for venture capital projects for an unproven and disastrous green jobs economy.
Americans have to look at Spain and see just how the Spanish debt, like the American structural deficit, because of reckless government spending policies on borrowed money has skyrocketed. Economists for a few years have urged Spain and now America to embrace austerity measures without much political success from either country.
Both countries continue following previous wasteful government spending on borrowed money for similar failed ideologies for a green energy economic policy. Spain now has an official unemployment rate of 22%.
Obama’s stimulus 1 resulted in the loss of 2.4 Million American jobs and a combined loss of over 6 Million Americans being out of work, lost a job or not even looking for a job thanks to his administration’
His stimulus 2, at a cost of an additional half a Billion dollars, just more recycled failed ideas of smoke and mirror rhetoric for hope and change from Keynesian and Marxists economic philosophies and theories based on his stimulus 1 at a cost of close to $1 Trillion dollars of borrowed money.
From the very beginning, of his campaign for the position of President and without having any executive or management skills and relying on his political experience as a congressman and union community organizer, Obama could not answer questions over and above his pay scale or grade, as he himself admitted.
Unfortunately the progressive liberal left leaning extremism ideologies of main stream media because of their biased support of democrats never openly, transparently or honestly vetted Obama’s background as a candidate or his experience, economic theories, political philosophies, work history as a union community organizer or complete lack of creating jobs in the private sector free market system during his campaign for the position of President.
This junior Obama administration has mishandled the American economy, based on his support for the Marxist political ideologies and failed Keynesian economic theories for radically and fundamentally changing rules and regulations of a free market enterprise system on a daily basis that continues a financial crisis which shall make every American citizen and the next generation of American youth permanently poorer.
Issued By : Peter Clarke Address : 723/90 Sumach : Toronto, Ontario Canada Zip : M5A 4R4
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