Thursday, September 8, 2011

Obama's Job Speech

Been watching the jobs speech by President Obama and there are a few things he said that stood out to me.

“…loyal to your company, that loyalty would be rewarded…” Does anyone think that maybe it was the workers who have lost their loyalty? Obama makes it seems as if this was a one-way street. I don’t see it that way. It goes both ways. When a worker thinks the job the company provides to them belongs to them (the individual), then loyalty begins to erode. When a worker show more loyalty to the union rather than the company that hired and provided them the job, then that loyalty has eroded. If I were a business owner, I too would feel I could do better overseas or just plain shuttering the doors.

His American Jobs Act is a boon-doggle from the word go. He said the Act would be paid for, but that was also said about the health care act and that has proven to be false, so I take this with a grain of salt. But his Act further proves that he actually has no idea how American businesses work. In the Act is a provision to give a $4,000 tax cut to any business who hires someone who has been unemployed and searching for a job for at least six months. Does he not understand that for an employer to hire someone it take WAY more than $4,000. On average, it takes about $60,000 to hire a worker who will make a little less than $40,000. That $4K is small potatoes.

“…we can restore the fairness…that has defined us from the beginning…” To someone like Obama and his supporters, fairness is just another is just another word for income redistribution. Be afraid, be very afraid.

Which segues very nicely with this little gem: “…should we keep tax breaks for millionaires and billionaires or should we put teachers back to work…?”  A few moments later he said this wasn’t class warfare. BS! He actually went about comparing those who makes tons of money living in gated communities with teachers, most likely a person who has had an impact on your life. If this wasn’t class warfare all dressed up for the dance, I don’t know what is. Plus he kind of left out the little nugget that he thinks those who make more than $250,000 are in the millionaire category. He wants to tax them right along with all these “rich people”.
I’d write more, but I can only listen to the guy for so long before I start to bang my head against a wall. And it now hurts. Have a great day and I’ll catch up with you tomorrow night.

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