If you are someone who wants to see the end of free markets,free enterprise and capitalism,then yes you could say that the economy is moving in the right direction.Anyone who still believes in the Keynesian theory of economics is delusional,it's failure is there for everyone to see it is happening before our eyes in Europe.The only thing massive government produces is massive spending and massive debt.
Smarter electrical grid, freee broadband, better schools/education; this guy uses the bully pulpit rather well as he skims over the real economy mess, then handing out promises that sound good to the entitlement mentality minions
"A relentless effort to keep the economy moving". This is a what a relentless effort looks like from a Harvard Professor! This is the best we can expect! What a load of crap he is. Who is he trying to impress with all his distortians? I won't make it another two years looking at him and hearing his bulls..t!
Our history is a long sequence of precisely this. Government appropriates the money for some project, then hires the private sector to get it done, whether it's a road, a bridge, a defense contract in Ike's time, NASA's goal under JFK, a canal, or a Federal Office building any time at all. It's public money, but the government doesn't do the work, and the people do are working for the private contractor.
No, taxes are taxes. Other revenue may not be. Tax is what you pay for what you're allowed to do or own. Fines are what you pay for what you are not allowed to do or own. A speeding fine is a fine, not a tax on speeding. And taxes don't always short-circuit the economy. Under Ike, marginal tax was 90%, and it was considered a great time, economically. Under Reagan, it went from 70% down to 50% but was at all times higher than anything they talking about raising it to now. Guess what? Jobs were still created, and the economy actually boomed, and it's what lots of people want to go back to. BTW, GPS was developed exclusively for the military. Reagan released it to the public after KAL 007 went off course and was shot down by the USSR. As for waste, it depends on who's calling it that. A road or a bridge to nowhere might be considered wasteful... except that once it's constructed, "nowhere" suddenly becomes "somewhere," i.e., the new place at the end of that road, and people start to move there because the land is still pretty cheap compared to "somewhere more established," and they build homes and shops and schools and a Post Office, etc.
Any government revenue will always be taxes,no matter the name you put into it.Talking about GPS ,will it be cheapper and more expensive.IF more expensive the Europe GPS (forgot the name ) will florish.Taxes by the government has a net effet of shortcircuit the economy..The only solution is cut the spending and the waste
The deficit is a heavy problem. Creative solution: the government needs a new revenue stream other than taxes and fines and even royalties on oil (which we're probably not charging nearly enough for.) The only President who ever paid off the debt was Jackson, and he did it by selling Federal land... and only for gold or silver, not paper money. I don't suggest selling land (although we probably could sell some of the less sensitive acreage). But why not let the government own patents on inventions developed by NASA? Can you imagine what the Fed would be collecting for royalties on Velcro and GPS technology today? Why not let the US Army Corps of Engineers hire out their services and expertise and charge for them? Isn't it worth something?
[...] So armed with the facts, now listen to Hilda Solis lie to the American people, just like her boss: [...]
This guy.....this guy just makes me want to reach through the screen and grab his neck. Everything that comes out of his mouth is crap. He could care less about our troops or about America.....he disgusts me...
[...] in his career, joining the majority of his GOP colleagues in opposing Sotomayor's nomination. Obama: Economy is headed in the right direction- The Right Scoop They all need to vote no! Kagan is Obozo in a dress. "If no one among us is capable of [...]
[...] Barack Obama tried getting ahead of the news curve today by putting his own spin on the jobs report that has been universally seen as negative. Don’t worry, Obama told the cameras; we’re heading in the right direction! In that sense, Obama may remind viewers of another famous declaration that people should remain calm (via The Right Scoop): [...]