Obama Job Summit

[ptsdthor]

www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/12/03/national/w015549S71.DTL&type=politics

Obama is looking for additional ways to re-arrange the deck chairs of the economy.

Going with socialist handouts directed at or through government bureaucracies is the tried and failed method used in the Great Depression and it is yet again held sacrosanct. No personal investment is going along with the Government investments. Just hand-outs and jobs that cease the minute government funding is stopped. But hey - look at the bright side, we get a huge increase in the national debt to play with

[aztecwin]

Like just about all Conservatives, I just can't see where Obama has any inkling of what is going on in the economy. The dynamics that are starting to bring us in out of the woods were impeded by most of the things that have been done. The original TARP is also a little cloudy, and it will be even more so if the return of TARP funds is used to create more social spending, as Obama wants, rather than returned to the people in the form of debt reduction or tax cuts.

[aztecwin]

Dec 4, 2009 16:51:07 GMT -8 aztecwin said:

Like just about all Conservatives, I just can't see where Obama has any inkling of what is going on in the economy. The dynamics that are starting to bring us in out of the woods were impeded by most of the things that have been done. The original TARP is also a little cloudy, and it will be even more so if the return of TARP funds is used to create more social spending, as Obama wants, rather than returned to the people in the form of debt reduction or tax cuts.

Does anyone else think that it is a little funny that the Chamber of Commerce and real small Business interests are not included in Obama's "summit"? Do Obama or any of his advisors have much of an understanding of the economic engine that runs the economy?