Hello, my friends,
All is well here. I keep my ear to the ground on the economy. It's amazing how interlinked money is to politics. A few days ago, Mr. Obama said that "you can't cut spending your way out of this mess." That's paraphrased. I beg to differ. It's the only way. Tell me how you tax you way to prosperity. It has never happened and it will never happen. What about more regulations and making it harder for business to start up and grow? We don't need more regulations. How about borrowing you way to an economic recovery? Nope, won't work. How about running up trillions more in debt? If anyone thinks that's the answer, than they should move to Europe. What about hiring more government workers? How about giving in to the government unions? What about . . . what? Well we're back to spending. What about lowering spending, reducing the size of government, and stopping all this nonsense?
Richard Roberts, Professor of Economics at George Mason University, said, "The other challenge is simply confidence. Businesses aren't hiring because they're uneasy about the future. There's no easy way to instill confidence, but we know how to kill it---create uncertainty about taxes and regulations."
Wade Cook says: "President Obama has no common sense to know how to lead and manage, therefore he has no common sense to realize how wrong his policies really are."
Thanks, Your comments please.
Wade
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