For Those Who Voted For Obama

[tstew]

Originally Posted by coadie

Let me offer two points. We have record low interst rates. That alone should cause a rapid economic growth.
We have one trillion dollars more liquidity via savings in crude prices. Money that we are not now exporting. That should increase disposable income sharply.

I will offer 4 items that lock up growth. We have rigid and severe environmental policies that are costly, growth prohibitive and taxing as a storm cloud over manufactureing.

We have contract trouble. We have a renegade leadership that has the nerve to suggest violation of contracts.
violation of loan contracts in lending
Violation of employment contracts
Violation of various regulations this brings uncertainty at best and anrchy at the worst

Virtualyy every growth feeding industry has several tax confrontations coming. Tough ones
We have the threat of healthcare mandates confronting small businesses.

All turn around growth is led by small business and start ups. Obama wants to mandate small companies provide healthcare coverage to workers. sorry. That will never fly. That means for every new worker they hire, they will have to fork out another 8,000 dollars plus to insure them. Talk about a motive to not hire. Small companies can't pay an 8,000 recruiting fee for all new hires but they can pay 8,000 for health insurance? No way.

I'm just saying that it is dangerous to lay blame on him before he takes office and months into his Presidency because you lose the ability to not give him a great deal of credit if things turn around. You can't at that point argue that what happened in the economy happened in spite of him or due to preexisting issues. I just think it would be a bit risky on the part of the GOP.