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January 28th, 2009

Obama’s Trickle Down Economics

Obama’s claims that his spending bill of over 800 billion dollars is a stimulus trickle down bill. It’s strictly a budget busting pork barrel spending bill. Obama and the Democrats hope some will trickle down on people but they are taking money out of the economy by borrowing and deficit spending for the big liberal spending bill.

Posted by admin as Economics, General, politics at 6:28 PM UTC

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January 9th, 2009

Millions Lose Jobs Since Democrats Took Over Congress in 2006

The unemployment rate was falling in 2006 but then the Democrats won the election and took over Congress for the first time since the 1994 Republican victory. Since the Democrats taking over both houses of Congress millions of jobs have been lost with the unemployment rate increased sharply. More jobs were lost after the Democrats and Obama won in November 2008 and signs are that more jobs will be cut as confidence is lost.

Obama and the Democrats spent millions of dollars on ads in 2008 bashing the economy to knock consumer and business confidence and the economy down so they can win the election. The Democrats succeeded on harming the economy and winning the election because of it. The Democrats did all they could to harm the economy after Pelosi and the leftists won in 2006 by stopping oil drilling which pushed gas and oil prices up costing consumers millions of dollars and putting the breaks on the economy. The Democrats continuously bashed business to shake confidence with investors. The Democrats plan worked and now the economy is in a dive. The Democrats now plan to do more harm by imposing disastrous socialist spending policies that can bankrupt the country. Obama is planning massive and destructive spending and deficits and the liberal run Congress is set to spend and expand government regardless of the harm it will cause.

Posted by admin as Economics, General, politics at 3:50 PM UTC

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