Obama team promotes [government] job plan
Posted by Liberty on November 24, 2008
“The emphasis on the economy began Saturday when Obama outlined the framework of a plan to save or create 2.5 million jobs by the end of 2010. The scope of the recovery package is far more ambitious than what Obama had spelled out during his presidential campaign, when he proposed $175 billion of spending and tax-cutting stimulus. The new one will be significantly larger and would incorporate his campaign ideas for new jobs in environmentally friendly technologies – the ‘green economy.’ It also would include his proposals for tax relief for middle- and lower-income workers.”
“President-elect Barack Obama unveiled key elements of his blueprint for turning around the economy — and the team tasked with making it work — including a massive stimulus package and tax cuts for a ‘vast majority’ of Americans paid for by the nation’s ‘wealthiest.'”
Obama’s socialist “job creation” plan will include thousands of make-work, FDR-style government jobs on road and infrastructure projects. Instead of reviving the economy, his plan will only serve to empower and enrich entrenched bureaucrats and unions. The only way to successfully fight this recession will be to empower and enrich private industry, not expand the least productive sector of modern society–government.
This entry was posted on November 24, 2008 at 12:26 pm and is filed under Obama, Redistribution of wealth. Tagged: Obama, Socialism. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.