Monday, October 13, 2008

Why it won't work

So, let's talk about why Obama's plans won't work. Why are we talking about Obama? Because McCain has no shot. I've pretty much assumed Obama will win since the primaries. A) The dems REALLY hate Bush (which they carry over to any non-dem) B) Obama actually has charisma (something the last two candidates did not) and C) This election the Dems are going to get every normally-not-a-voter to vote. So, Obama wins.

That said, let's talk about 3 of his big talking points: Jobs, Taxes, Health-care.

1) Jobs. Obama says he will create more jobs. How? Well, the way i see it you can only do it 2 ways. Either you create a bunch of government jobs or you stimulate the economy. The former will cost us a bunch of money we already don't have. The latter...well how does he plan to do this? Point two addresses that.

2) Taxes. first off, Obama claims he will lower taxes for 95% of Americans. Well, seeing as about 40% of them already don't pay taxes, that number seems a bit inflated. Remember when you worked that lower paying job and got all your taxes back at the end of the year? yeah, we have lots of those jobs. So the only way for them to get MORE money back is to give them more than they took...which is welfare. AND costs us money we don't have.

So, who WILL be taxed? The rich. Now taxing some rich (entertainers mostly) won't hurt much. But taxing business people...that will hurt. See, business people CREATE JOBS. See point #1. Obama wants to create jobs...by hurting the people to do the creating. Seems silly to me. Not to mention, you will see some rich people leave or take their businesses to countries with lower tax costs. This will take even more revenue out of the country. Seems counter intuitive considering points 1 and 3.

3) Health-care. Ain't gonna happen. We are already in a huge hole because of the bailout. That alone would make it tough. Throw in the tax breaks (which cost us even more) we won't have money for health-care. Which will be interesting since the lost jobs will make more people want health-care.

Look, it's no secret I don't want socialism. Especially for our culture. I especially think it will hurt things because right now our lack of socialism means that we have more disposable income. We consume...we consume the goods of all the socialist countries. Socialism costs money. Which means less consuming...which means less money to the other countries (who are already having trouble funding their programs). Then again, maybe China or India will become the new consumer powers.

Mind you, in the end, the economy will be swinging up in 3-4 years. Obama will take credit and get re-elected. THEN he may be able to implement his plans. And then the economy will drop again (as businesses send work overseas). Then a Rep will blame the Dems, and get elected to fix it and the whole cycle can start again.

Or, Obama won't do jack, since the president doesn't have much power to do that...congress does. And they have already done very little. Mind you, some of that is due to Bush.

Not totally related, but remember how congress broke down and relinquished the oil drilling thing? Pelosi has already said that when Obama takes over they are undoing that. Wow...to say that NOW...before they win. They really do have their voters pegged....as in stupid.

1 comment:

T.H. Elliott said...

Insert brilliant counter argument here. I hate you Kevin. So, if Dems can't fix it, and Republicans can't fix it, who else are we supposed to vote for?