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Tips for the President on the #economy

So, the President is going to address Congress about jobs. I am near certain it will be nothing more than sanctimonious finger pointing and a proposal to waste yet more taxpayer money to pay off more unions. No matter what he says, he does not understand economics. Not in the least bit is he willing to learn either. This I know.
It is really a shame that the population believes the government creates jobs. That’s the stupidest thing I have ever heard. Government does not make jobs. It is a net loss no matter what it does. Government impedes jobs. Government works against the economy. It created the conditions that made the economy shed jobs. Even government jobs impede the economy. Aside from removing currency from the actual workforce, they are quite expensive. 
I shall say this again because I want it to be crystal clear: For every dollar tied up in the government, is a dollar removed from the economy.  
Government makes unfavorable condition for jobs, individuals, and societies as a whole. Government is a detractor from our focus. It has us at each-others throats. In the spirit of co-operation and “shared sacrifice”, I have spent my morning putting together a little reading material for the President before he goes out and makes an ass out of himself next week.  
                       Enjoy 🙂

P.S. Here is his plan, and it sucks.

09/01/11 – Ohh, it’s not Government, rather “Your Federal Family”. Well, they are abusive and expensive family members. Big Brother.

09/15/11 – ‘Private-sector job creators of all sizes have been pummeled by decisions made in Washington.’

09/19/11 – Our tax rate is almost already the highest in history.

And here is our “progressive” tax rate. Whats a fair share? When is enough enough?

And this is all you had to respond with? Another punt? You cant punt now Mr President, people are hurting. I went through hours of work to show you why the economy sucks, and you make a proposal that will make it suck worse. You suck Mr President.

09/22/11 – This governing style truly is fascist.

10/18/11 – It’s not that hard to get people working.

All Government Creates Poverty – John Stossel – Townhall Conservative The Productivity Myth – The Conversation – Harvard Business Review May’s Big Selloff Could Be Just the Beginning – A Mind-Changing Page – Thomas Sowell on National Review Online

Greenspan Says U.S. May Soon Reach Borrowing Limit
 The euro’s inevitable failure will be horrendous for all of us – Telegraph
 Allan Meltzer: Why Obamanomics Has Failed –
 Dollar Plunges After UN Call To Ditch Greenback
 Re: Homes and Other Black Holes – Jonah Goldberg – The Corner on National Review Online
 Calculated Risk: Sovereign Debt Series Summary
 Recession Watch
 RealClearPolitics – Where Are the New Jobs?
 Arnold Schwarzenegger: Public Pensions and Our Fiscal Future –
 Examiner Editorial: Think the economy is bad? Worse is coming | Washington Examiner
 Exchequer – National Review Online
 More Arguments against a Value-Added Tax | Cato @ Liberty
 Not Enough Labor Day – Reason Magazine
 5-doomsday-scenarios-for-the-us-economy: Personal Finance News from Yahoo! Finance
 EU Effectively Forces Securitization Reforms on the US « naked capitalism
 Government unions sucking us dry–Stephen B. Meister – / Columnists / Clive Crook – America has good reason to worry about Greece
 RealClearPolitics – Articles – Print Article
 Ed Driscoll » Liberal Fascism: The Font
 Hot Air » Study finds increased gov’t spending results in unemployment
 US money supply plunges at 1930s pace as Obama eyes fresh stimulus – Telegraph
 U.S.’s $13 Trillion Debt Poised to Overtake GDP: Chart of Day – Bloomberg
 TaxProf Blog: Laffer: The Coming Tax Hikes Will Cause an Economic Collapse in 2011
 From the oil spill to the financial crisis, why we don’t plan for the worst
 Gerald P. O’Driscoll: Why Government Regulation Fails –
 The 2001/2003 Tax Cuts: Myth vs. Reality – Brian Riedl – The Corner on National Review Online
 Roger’s Rules » No Representation Without Taxation
 Double-Dip Recession Fears Putting Scare Back in Market – Yahoo! Finance
 Private Sector Losses vs. Public Sector Gains – Veronique de Rugy – The Corner on National Review Online
 Map: Where Americans Are Moving –
 Hot Air » Joint Chiefs chair says debt is the greatest threat to national security
 Foreign Central Banks Going for the Gold – Hit & Run : Reason Magazine
 Indebtedness after the financial crisis: World debt | The Economist
 Obama Rattles Business
 The Keynesian Dead End
 TaxProf Blog: CBPP: Concentration of Income Among Top 1% Is Greatest Since 1928
 Growth only way to avoid U.S. economic collapse | Analysis & Opinion |
 Initial Unemployment Claims Getting Uglier « Innocent Bystanders
 Newsalert: The Scariest Job Chart Ever Gets Uglier
 How Americans Are Overtaxed to Overpay the Civil Service | The Heritage Foundation
 Hot Air » How many people have left the workforce?
 Spending Can Be Cut – Reason Magazine
 More on Debt Collection – Business – The Atlantic
 The Scariest Unemployment Graph I’ve Seen Yet – Business – The Atlantic
 US financial system support up $700 bln in past year-watchdog | Reuters
 Professional Soldiers ® – FORBES: Obama Clueless
 States are borrowing more –
 The Greenroom » A Wealth of Options
 Works and Days » A Weird Sort of Depression » Print
 In the red
 Source: Debt Commission Fights Over Freezing Military Pay, Slashing Benefits | TPMDC
 Why business isn’t hiring –
 American Thinker: Summer of No Recovery
 Little-known fact: Obama’s failed stimulus program cost more than the Iraq war | Washington Examiner
 Morgan Stanley Says Government Defaults Inevitable – Bloomberg
 Bastiat’s Clunker – The Corner – National Review Online
 More Scenes from the Economic Hyperpocalypse – Hit & Run : Reason Magazine
 Here’s Niall Ferguson’s Complete And Definitive Guide To The Coming Sovereign Debt Crisis
 YouTube – Quantitative Easing Explained
 11 Statistics That Reveal Just How Far The U.S. Economy Has Fallen Over The Past Four Years
 Are We Entering Another Phase of Financial Crisis? – Megan McArdle – Business – The Atlantic
 A Currency and Commodity Rally for the Ages
 U.S. dollar’s dizzying drop wreaks economic havoc – The Globe and Mail
 War News Updates: Is The U.S. FED Responsibile For The Arab Spring Uprisings?
 Should the Constitution be Amended to Address the Federal Deficit? | Mercatus
 US Worse Off Financially Than Euro Nations: Walker – CNBC
 Things Are Now Spinning Out Of Control | 1913 Intel
 Carter: Stagnation Explained, at 30,000 Feet – Bloomberg
 Calculated Risk Chart Gallery
 3-ways-social-security-payments-being-cut-smartmoney: Personal Finance News from Yahoo! Finance
 Here’s What Happens When US Energy Spending Passes 9% Of GDP
 BeldarBlog: Apocalyptic financial numbers
 Bitcoin is not decentralized : Inside T5 | Spring wheat – Spring wheat stocks to fall to basement levels
 Extreme Bank Regulation—the Key to A Lousy Economy
 Feast Your Eyes: 16 Cents of Each Dollar You Spend on Food Goes to the Farm…. – StumbleUpon
 Cut Cap Balance Pledge | Home
 Lawrence B. Lindsey: The Deficit Is Worse Than We Think –
 YouTube – Economic Freedom & Quality of Life
 cash-hoarders-smartmoney: Personal Finance News from Yahoo! Finance
 The Folly of Soaking the Rich – By Mario Loyola – The Corner – National Review Online
 Do we really have a revenue problem? « Hot Air
 The Stimulus Was a Success – Reason Magazine
 How Much of Federal Spending is Borrowed for Every Dollar? | Mercatus
 Inflation making a comeback? « Hot Air
 AARP’s Flawed Video on Social Security and Medicare
 Taking apart the federal budget (
 When Capital Is Nowhere in View – Jeffrey A. Tucker – Mises Daily
 War on Regulations – By Iain Murray – The Corner – National Review Online
 How much money is in the federal bank account? These two graphs, updated daily, tell the story. – By Chris Wilson – Slate Magazine
 Red Tape: Rising Cost of Government Regulation | The Heritage Foundation
 Headed for a Massive Downgrade – By Stanley Kurtz – The Corner – National Review Online
 Who owns the debt-ceiling issue again? « Hot Air
 Deficits: There never was a surplus | The Economist
 Obama’s and Bush’s real effects on the deficit in one graph | The Daily Caller
 Federal Spending Grew More Than Ten Times Faster Than Median Income
 The real story of the US debt deal is not the triumph of the Tea Party but the death of the Socialist Left – Telegraph Blogs
 The Tax Expenditures Muddle | Hoover Institution
 The Military Isn’t the Problem | The Weekly Standard
 The 4 Scariest Economic Graphs I’ve Seen This Year – Derek Thompson – Business – The Atlantic
 Vox Popoli: These charts are scarier
 S&P Sounds the Spending Alarm – By Phil Kerpen – The Corner – National Review Online
 Thirty Years of Raising the Debt Ceiling – By Veronique de Rugy – The Corner – National Review Online
 The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities by Howard Husock, City Journal Winter 2000
 Ed Driscoll » The Community Reinvestment Act Comes Full Circle
 Child poverty: 1 in 5 American children now living in poverty | Mail Online
 The United States of Entitlements | Hoover Institution
 Where have all the millionaires gone? | Campaign 2012
 National debt has increased $4 trillion under Obama – Political Hotsheet – CBS News
 Spending, not entitlements, created huge deficit | Campaign 2012
 The Federal Reserve’s Flawed Approach To Monetary Policy – Forbes
 The Perils of Price Controls | Hoover Institution
 Ponzi Scheme vs. Social Security – By Veronique de Rugy – The Corner – National Review Online
moving to macau
  NLRB Decisions | Secret Ballot Elections | Micro Unions | The Daily Caller                 
10 Very Obvious Reasons Why The Devastating U.S. Jobs Famine Is Going To Suck The Hope Right Out Of America

Filed under: Analysis, Economy

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