Why can we not see that spending all these billions that Obama is suggesting will not do anything to help the economy or create jobs. We just spent over $4 trillion dollars of stimulus the last three years and we are worse off than we were before all the spending and borrowing. Now Obama wants to spend another $450 billion of good borrowed money after bad. This is similar to the silly millions North Carolina governors spend to entice companies to locate in the state and hire workers. None of this money, either federal or state, does anything but try and help the politicians doing it keep their jobs. The borrowing does make the Chinese richer however. Results or results and they speak for themselves. A billion here and a billion there and after awhile we are talking about real money here.
The correct way to help create jobs is to get government out of the way of private business, set a level playing field, and let businesses do their thing. Of course you got to believe this actually works before you try it and no one in charge right now believes in this approach. So we continue on down this path of getting nothing done, because the current administration is clueless. The American people, as I opined in the last posting, have a choice to make in 2012. Either we head down the road where Europe is now or we get back to where America has been in the past, which is prosperous and innovative.
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