Barack Obama doesn’t seem to get it. The stock market doesn’t seem to embrace his economic policies. The market shed more than 1,000 points since he won the presidency. Every time Obama opens his mouth and says, “I won, you lose,” the market reacts negatively. The market dropped severely when Obama won the general election, during inauguration, passing the stimulus bill, and his big plans to pour more money into the housing fiasco.
Now, Obama is close to completing an ambiguous fiscal budget, which includes plans to cut the federal deficit in half over the next four years. I wonder how the messiah is planning to do that. With the deficit swollen by $2 trillion dollars this year alone, I hardly doubt raising taxes on the rich, and kill the defense budget will cut it. But you know what? That is what Obama is planning to do. He is planning to raise taxes on small and big businesses and the wealthy and cut funding in the war in Iraq and Afghanistan.
This is a recipe for disaster. Didn’t Obama give the okay to send 17,000 troops to Afghanistan? So, Obama is sending our men and women to a watery grave. Send troops and cut funding. That sounds more like the “Bataan Death March!” That makes a lot of sense (sarcasm). While Obama is going to promote a jihad against our military, he is planning to increase unemployment by taxing the crap out of small/big businesses. If you tax businesses, there will be layoffs and increase goods and services. And during this economic times, we might as well bend over and say, “May I have some more, please.”
Obama has no plan. He is winging it like a rookie. With no executive experience, beside as a community organizer, this goof-ball is basing his policies on a theoretical ideology. Obama even stated that he doesn’t think his plan will work, but not doing anything is not a good thing. Vice-president Joe Biden said that there is a 30% chance it will fail. Well, if the plan is destined to fail, we need to start from scratch. It’s not that hard.
In his weekly radio address, the messiah said that he is determined to bring the massive deficits under control by cutting waste and restore fiscal discipline. What a crock of crap! Not too long ago, I can remember when Obama stated that we need to ignore the national deficit. We need to bring government to solve this problem and running the national debt is not important at this time. Please tell me how he will restore fiscal responsibility when we are witnessing the biggest spending spree since the Great Depression.
Obama said, “Reducing the deficit is critical. We can’t generate sustained growth without getting our deficits under control.” Am I missing something? Is there more than one Barack Obama? I wonder if Obama has a twin brother because it contradicts everything this bozo has done in the past week. Obama just signed a massive pork spending “stimulus” bill, and he plans to add another $275 billion to bail out the housing fiasco. How is Obama going to reduce the deficit if we are behind the 8-ball?
Obama has the balls to say he will cut the deficit in half by the end of his first term. That is an utter lie. Obama says he will keep the deficit near $1 trillion in 2010 and 2011, but will drop to $533 billion by 2013. I have no idea how Obama is pulling these idiotic figures out of his ass, but I’m all ears and willing to understand his madness. The only way to solve this is to get rid of the tax deductions from our contribution to our 401K retirement account, reinstates the AMT, allow the Bush tax cuts to expire, and cut benefits to Medicare and Social Security recipients. Hey, ever since Obama came into office, these are just a few ideas that he has been pondering.
I still flabbergasted that the American people voted for this inexperience rookie. Obama has no plan. He isn’t making policies. Instead, he is campaigning around America on his ideas how he wants to take America in a certain direction. So far, we are heading right off a cliff. Since we live in a masochistic society, I am guessing the American people want to experience the pain and suffering before we are willing to make that change. Is this the hope and change Obama is talking about? I don’t like it. What say you?