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Discussion: (10 comments)

  1. chris whited

    Germany, japan, china WERE nothing/slash destroyed.

    welcome to the false argument of the super middle class (that liberals preach they created) that ignore the obvious……..NO COMPETITION.

    and if you don’t believe that then think of GERMANY’s COMPARATIVE ADVANTAGE in selling more high end cars.

    what is their population? what is our population? market ratios. Doesn’t mean Americans shouldn’t buy German cars……..that’s not the point here. The point is that the 50’s and 60’s liberal argument is a bad joke.

  2. chris whited

    “Why does Obama think income inequality is a bigger problem than unemployment?”

    actually in principle he can’t. But once you understand a policy of propaganda and power mongering you then understand the tax this give to your future voters and keep them on the teet racket.

    “green energy” is quite literally “green” ideological energy. …………’s that thing that they openly tell you, while snickering behind closed doors.

    “green” (party) “energy”…………they can never escape their symbolism……………….NEVER…….

    1. M. Shultz

      The only green he really sees are the wasted dollars & higher elec. bills he PROMISED!( guess that means folks my ideology or else).$$$$$$$!+IRS+NSA+GREEN=OBAMA POWER

  3. chris whited

    “GREEN FOR ALL!”…………..

    hello, what do folks think that means once, as you watch van jones over and over speak, realize he never speaks directly to the technologies of “green energy”?

    “green” is merely the new red. As usual, the left tramples a good idea in order to control people.

  4. 1775Concord

    Federal income tax slashing (JFK, R Reagan), later slashing of capital gains (Clinton) led to citizen gains and even more money for govt coffers.
    Obama helped to cause the housing collapse, when, as a community agitator, he was one of the lawyers for ACORN who sued Citibank to give subprime loans (Buycks-Roberson vs Citibank, Chicago). HE caused the bubble, which burst.
    Then there is the perception to those of us who have worked so hard that Obama didn’t earn anything, didn’t do anything the “right way.” Cocaine and marijuana in high school, living in a foreign student dorm at Occidental, questionable transfer to an Ivy League college (Columbia) despite no evidence of academic excellence, admission to the then highly affirmative action Harvard Law School despite no evidence from Columbia that his grades would have warranted it, popularity contest election as editor of Harvard Law Review, loss of his law license (why?), $300 M in undisclosed contributions in the 2008 campaign, etc.
    He continues to lie and is not called on it by the press (note his glowing remarks about Detroit last year). And I don’t think I can recall his front man (Jay Carney) ever uttering a truthful sentence.
    Then there are all the actions Obama has done to harm Americans and fail to serve as President: failure to reopen the Gulf for drilling, blocking the Keystone pipeline, failure to protect the Arizona border, cutting off the DC charter school program while sending his own daughters to an expensive private school, aiding Muslims to take over Egypt,hanging Stevens out to dry in Benghazi, attacking opponents using the IRS, spending $1.4 Billion on personal and family trips a year at our expense. Any reason we should ever believe or support him?

  5. mesa econoguy

    Why does Oblunder think that?

    Because neither he nor his advisers know jack shit about economics.

    Oblunder’s policies are exacerbating the inequality problem, particularly the inequality between people with jobs, and those without them. Lack of income tends to contribute to income inequality.

  6. Seattle Sam

    To answer the headline question, Obama hasn’t the slightest clue (or inclination if he has a clue) how to foster the economic growth that would increase average American incomes. Ergo, he focuses on trying to move chips around the table — one thing he can affect.

  7. Craig Kinard

    To be blunt about all this, Ayn Rand’s advice through John Galt in Atlas Shrugged is the best: “Get out of my way.” We will return to robust economic growth when Obama and his ivory tower geniuses leave the field to millions of unencumbered Americans to do what they do best–look out for themselves. Contrary to Obama’s mantra, Americans do NOT do best when they work together; they do best when they strive as individuals to succeed.

  8. Income inequality = crony capitalism

    We’ve got Mugabe on the Potomac.

    This is to be expected when the government is engaged in massive money-printing. Those first to touch the newly minted fiats (Wall Street and the dependent class) are exalted. The vast bulk of the population slides back into penury.

    Debasement of the currency is a tax on liquid capital/ savings.

    Extremely common overseas, it’s finally jumped the pond and become an American (progressive) tax.

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