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February 7, 2013

Obama Money

by CJ Orach - peopleneedpower
 Obama Money

It is clear that President Obama’s priorities do not include growing the economy, creating jobs and raising America’s standard of living. In fact, his policies seem to be designed to do the exact opposite.
For example, it sounds oh so fair to raise the taxes of the so called 1%. The outcome of doing that, however, are fewer jobs. Why? Because there is less money in the private sector to hire more people ergo fewer jobs in the private sector. Oh but can’t the government be counted on to spend the money in a fairer way. Social justice and all that jazz?
Take for example “Obama Phones“. One of President Obama’s biggest contributors got a huge chuck of tax payer dollars to give phones away on the basis it would help people find jobs. Sounds like a good idea until you find out that the phones cost to the tax payers in 2011 was 1.6 billion  and there is no guarantee that the people getting the free phones will use them to find jobs. Come to think of it with Obama handing out free phones and other free stuff there doesn’t seem to be too much incentive to look for a job in the first place.  Than there is the fact the TracFone firm did not have to compete in the free market based on the value of their phones to people. All they had to do was to kiss up to Obama and like magic they got a big chuck of Obama money.

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