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Roanoke Times, 9-6-10, Pg 3: Obama to propose research tax credits to speed up the recovery. Large picture of Obama with six of his economically-challenged team members.
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Supporting research is very important. But without a competitive development and manufacturing infrastructure it simply results in products being built in off-shore locations that then benefit from job creation and profits and further development with scant benefit to America. There are few American invented and designed products being manufactured in America because we are not competitive.
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Obama is clearly an academic-socialist without any shame or remorse or apology for his policies of further degrading the American free enterprise system at the expense of real-jobs, real-growth and business development.
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He has squandered over a trillion dollars of future tax dollars propping up his political constituents without regard for what makes our businesses and enterprises work. How could he know? He’s never had any involvement in business or industry and neither have most of his bureaucratic team members. Who among them have been a captain of industry and creator of good private industry jobs?
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All Obama’s major initiatives are job killers including: card-check, higher taxes on successful and entrepreneurial people, Cap&Tax, extension of EPA job-killing initiatives, ObamaCare and curtailing sources of domestic energy. In addition, he has filled the government regulatory agencies and judiciary with people who are blatantly hostile to industry and our free enterprise system.
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The sooner the Obama, Pelosi, Reid programs of the Obamanation of American is ended the sooner we can get back on the path to economic success.
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Prior Items:
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http://roanokeslant.blogspot.com/2010/06/more-roanoke-times-obamaslant.html
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http://roanokeslant.blogspot.com/2010/02/obama-jobs-and-tax-and-spend.html
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http://roanokeslant.blogspot.com/2010/01/obama-neck-deep-in-big-economy-muddy.html
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http://roanokeslant.blogspot.com/2008/11/picking-quality-economic-advisors.html
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