Monday, April 01, 2013

Obama plays an early April Fool's trick by proposing more 'stimulus'

My new American Thinker post.

President Obama is calling for another stimulus to build bridges, roads, airports and more buildings:

"“There are few more important things we can do to create jobs right now and strengthen our economy over the long haul than rebuilding the infrastructure that powers our businesses and our economy — our roads, our bridges, our schools and our ports like this one,” President Obama said.
“There’s work to be done,” Obama added. “There are workers who are ready to do it.  Let’s prove to the world there is no better place to do business than right here in the United States of America, and let’s get started rebuilding America.”" (ABC)

Don't get me wrong.  Our infrastructure could use a little upbringing.

My question is this:  What happened to the last stimulus? 

Well, it did not stimulate.  It did not work.  In fact, median household income is down since the start of the recession.   Jobs are being created but not enough of them! 

Of course, the chief problem with the 2009 stimulus is that it was not a stimulus but rather just sending money to cities and states.  It did not promote business creation but rather created more debt.

Why should we believe that another stimulus will stimulate the second time around?

Click here for our Sunday show with Bill Katz of Urgent Agenda:


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Ft Hood: Political correctness this week


The latest chapter in "political correctness" is happening down in Ft Hood.  Our friend Bill Katz of Urgent Agenda has a post on the topic:

"This is what political correctness eventually leads to.  Many Americans are unaware that our own Department of Defense, ever mindful that it is Obama's Department of Defense, will still not call the Fort Hood massacre of 2009 terrorism, even though it clearly was. "

This is insane.  This is an insult to the brave men and women killed that day.

Click to hear our chat with Bill Katz:


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Obama's nightmare of a second term

My new American Thinker post.

There is a lot of talk these days about "same sex marriage," "gun control," "voter ID," et al. We are not hearing a lot about jobs, GDP growth or any of those complicated foreign policy problems that could just overwhelm President Obama's time in the next couple of years.

Call me cynical but I think that President Obama is engaging in a bit of distraction or keeping his base happy with a lot of the stuff that they want to hear.

Can you blame President Obama?  Frankly, you can't.  He does not have a lot of things going his way.

President Obama faces an incredible difficult list of problems such as Syria, Libya, North Africa and even Iraq could turn into a major headache. (Who would have believed Iraq after the hard work that President Bush & the troops did in 2007-08)

And I did not mention North Korea or Afghanistan.

And what about Iran?  How is the left in the US going to react when we "preemptively" bomb Iran without much international support?

And I did not mention Venezuela, a country on the verge of a constitutional crisis.

Or Cuba, the island nation that could implode on the day that Caracas shuts off the oil subsidy.

And Russia and China are pushing their weight around.

And the Euro-zone is entering a recession.

Can you blame President Obama for preferring to talk about same sex couples having the right to marry?

Back home, how is that $870 billion stimulus "stimulating"?  Remember the stimulus that was going to build bridges, roads and create all of those "shovel ready jobs"?

Well, it did not work out that way.  We just learned that the US GDP "grew" at a 0.4% rate in the 4th quarter. Frankly, there is no growth anytime there is a "0" before the period!

This is pathetic.  This is just another sign that the US economy is suffering from a bad case of regulations and a little too much "class warfare".

Why are more people on food stamps?  Why are jobless claims up unexpectedly?

What about those deficits?   Remember when Pres Bush was "unpatriotic" for running deficits?  Or when voting for increasing the debt ceiling was a lack of leadership?  

Furthermore, the Obama-Care implosion continues.  We just learned today that premiums will go up.  I guess that all of that stuff about keeping your own policy or lower health care costs was just plain wrong.

I think that President Obama will likely face the most difficult second term since President Truman.  

It will painful to watch even if you did not vote for the guy.      Click for the Sunday show with Bill Katz:



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Tags:  President Obama, the US economy, ObamaCare  To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!

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