Monday, November 3, 2008

More closing arguments: Obamanomics

Three great pieces on the dangers posed by Obama's economics policies. Just highlights – read them in their entirety if you have time.

From Chicago Boyz: Why isn't Detroit a Paradise?

In 1950, America produced 51% of the GNP for the entire world. Of that production, roughly 70% took place in the eight states surrounding the Great Lakes: Minnesota, Wisconsin, Illinois, Indiana, Michigan, Ohio, Pennsylvania, and New York.


Yet, a mere 30 years later, by 1980, we called that area the “rustbelt” and it became synonymous with joblessness, collapsing cities, high crime, failing schools and general hopelessness.

What the hell happened?

Obama happened.

Of course, not Obama personally but rather the same ideas that Obama espouses. What those ideas did to the Great Lakes states, they can do to the entire country.

Via Chicago Boyz, at Free Republic: An American businessman's letter to Obama

It's long but powerful. The conclusion:

In short, Mr. Obama, your political philosophies represent everything that is wrong with our country. You represent the culture of government dependence instead of self reliance; Entitlement mentality instead of personal achievement; Penalization of the successful to reward the unmotivated; Political correctness instead of open mindedness and open debate. If you are successful, you may preside over the final transformation of America from being the greatest and most self-reliant culture on earth, to just another country of whiners and wimps, who sit around looking to the government to solve their problems. Like all of western Europe. All countries on the decline. All countries that, because of liberal socialistic mentalities, have a little less to offer mankind every year.

God help us...

David Harsanyi at the Denver Post: If it redistributes like a duck ...

Now, I'm not suggesting Obama intends to transform this nation into 1950s-era Soviet tyranny or that he will possess the power to do so. I'm suggesting Obama is praising and mainstreaming an economic philosophy that has failed to produce a scintilla of fairness or prosperity anywhere on Earth. Ever.


From 1982 until now, every arrow on nearly every economic growth chart, every health care chart, every chart that matters, points in one general direction — and that's up.

Obama — who, it seems, is running not only for president but also national babysitter/accountant/daddy/icon — ignores this success and claims he can "invest" (will that euphemism ever go away?) and disburse your money more efficiently, smartly and fairly than you can. How could any American accept the absurdity of this position?

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