Why Obama will ALWAYS fail on Economics
1. Bad Ideology based on bad TheologyObama is both a liberal and a socialist. Educated Americans should know that if you are a capitalist, when you say you want to create more jobs, you encourage the private sector to do that by giving more certainty to the environment in terms of taxation and government regulations, grant tax breaks to businesses, especially small businesses, to be able to have money left to create even just minimum wage jobs, lessen government regulations that distract small businesses from doing real business by forcing them to spend more time with compliance than actually generating revenues. Bottom line: the private sector creates the jobs.
Unfortunately for America, Obama is just a hopeless Socialist. That means that when he promises more jobs, his methodology is to make an already very inefficient government (what government is efficient after all?) bigger by beefing it up with money (creating huge deficit spending) and then making that monster create basically bureaucratic and non-productive (or non-GNP-related) jobs. Bottomline for a socialist is that it is Big Government that creates the jobs.
Such bad ideology is based on really wrong theology. Socialism/Communism was originally conceptualized on the belief that man is basically good and given the opportunity, WILL do good. Unfortunately, the Bible says man is basically sinful and given the opportunity, will even exploit good opportunities for "naturally" narcissistic ends. Even many philanthropists have a self-centered "feel good" goal or even a "get the credit" goal.
And what has history proven? The Bible is correct! That is why governments have laws, precisely to curb sinfulness in the form of lawlessness and abuse of liberties. If man were basically good, there would be no need for laws or regulations.
Capitalism, on the other hand, is based precisely on the fact that man is sinful. Hence, the good in man can only be courted by incentives and curbed by audits and sufficient policing and regulation. More on this in a separate article.
The downside of capitalism is, unfortunately, "survival of the fittest". Historically, however, it is the fittest who influence or change history for better (Einsteins, Edisons, Rockefellers, etc) or for worse (Hitlers, Roman Caesars, Maddocks, etc). Hence, capitalism coaxes the fittest to do good things because they naturally won't. That is the way to govern! Not entitlements to mostly undeserving and mostly losers (I said "mostly", not "all". Do the math if you will!).
2. Poor Judgment
At this point in history, what socialist or communist governnment ever made it to being a top economic country and stayed there for at least 50 years? Not even Russia could do that. So Obama has very poor judgment (primarily because he is just a brainwashed socialist) for MODELING AFTER STARK and PROVEN FAILURES!
3. Throwing spaghetti at a wall hoping that something sticks is the government way of doing things and is also the Obama way of saving companies via his stimulus bills
Isn't that what his stimulus bills have done? GM perhaps succeeded, but not for long, if GM continues with its unionized model for doing business.
Look at what happened to that half-billion "green" project, SOLYNDRA, a solar company in California. Closed down and bankrupt. Why? No markets? The FBI and even Congress is investigating. This is how government inefficiency stands out in real life. If there is corruption, it is because the men behind this are basically sinful, not good.
That is what inexperience does best, throw anything at the wall hoping something sticks!
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4. Good speeches and rhetoric, no substance and I keep on wondering why many people still get fooled.
After all the good speeches, only Obama-fanatics exercise blind faith. The rest of us? Phooooey!
Baloney! History will write itself. Welcome 2012!
posted by The Sola Scriptura Theologian @ 11:53 AM
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