We are barely past 200 days in the Obama administration and America is being pushed to the limit financially. Obama said during his campaign that he knew nothing about economics and he is certainly proving that with his spend, spend, spend attitude. Nothing is being done to ease the financial burden on Americans. Instead the opposite is true.
They instituted the CASH FOR CLUNKERS program. What a dud!
The dealer gives you up to $4,500.00 for your trade in, and the government is supposed to reimburse the dealer. So far what I am hearing is it’s not working out so well. The dealers are not getting their money back in a timely manner. The dealer is in a bad spot because when that new vehicle is sold, the dealer must pay the floor plan on that sold vehicle immediately. The government gets absolutely nothing for the $4,500.00 they are putting out – that only adds to the deficit. It is putting mechanics out of business because most mechanics only work on clunkers. I think you will find that this will be just short time relief for the new car dealers. It will not help the used car dealers at all because they are required to disable the clunkers and shred the iron to keep from reselling them.
They want to institute CAP AND TRADE. That will increase the nation’s deficit by trillions. It will cost each of us much more to drive our cars, manufacture items for our use, heat our homes, etc. That will mean that people on the dole will be asking the government for more money to pay their bills, and it will cost each of us more to keep our own households running. Smart move America!
They want to change the healthcare plans so that the government takes on the bulk of it – that will increase the nation’s deficit by some more trillions. They are not taking into account, the number of doctors who will not want to be doctors under the government healthcare plan. Only 29% of the doctors are members of the AMA so have they poled the other 71% of doctors? I don’t think so! Then think about the insurance companies – when the government runs them all out of business, where are the employees of the insurance companies going to work or are they going to be forced to be on the unemployment rolls?
There is a ban on drilling for our nation’s natural resources which would decrease the nation’s deficit by trillions, but they do not want to lift that ban. They would rather take $2 Billion and give to it Brazil so they can drill offshore and then sell us the fruits of their labors for market price rather than drill here and use our own resources and put billions and trillions back into our coffers instead of somebody else’s coffers.
Saturday, August 22, 2009
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