Join Us in Defeating Obama Socialism by Winning in 2016!

John Stossel has the Best Take on How Obama is Killing the Economy

John Stossel has the Best Take on How Obama is Killing the Economy

I came across an article by John Stossel on  I have always liked most of what John Stossel advocates.  When he was at ABC, he was clearly a wonderful stand-up guy in a news organization that was very biased. At Fox, he is outstanding.  A great voice of reason.

Speaking of reason, he makes the ultimate point on Obama and the private sector. This came out before Obama’s window into his blindness to the private sector that was revealed Obama’s news conference where he declared the private sector to be doing just fine.

Here is that reason:

Stossel:  Obama should ask himself: “Would I start or expand a business without knowing what regulations or taxes government will impose next year?”

That is what Obama will NEVER get.  Companies right now are watching this election.  If they see Obama coming out on top, they are not going to take the risks. They have to budget for obscene taxes and an immediate risk of financial collapse in financial sectors of our economy.  If they see Romney coming out on top, they will begin to take some risks.  Likely, nobody will see the economy change strongly for the better until after the November election is history, and this only if Obama loses to a President Elect Romney.

More from Stossel in the article:

How will the problem be dealt with? Higher taxes? Massive inflation? Some combination? Where does that leave someone today who might, in a more stable policy environment, be eager to launch some big, long-term investment project?

In the dark, that’s where.

Economist John B. Taylor of the Hoover Institution summed it up aptly: “Unpredictable economic policy — massive fiscal ‘stimulus’ and ballooning debt, the Federal Reserve’s quantitative easing with multiyear near-zero interest rates, and regulatory uncertainty due to Obamacare and the Dodd-Frank financial reforms — is the main cause of persistent high unemployment and our feeble recovery.”

The full article by John Stossel is a must read.  Read it here:

Comments are closed.

Get Alerts from by Email:

Your name is optional. Only enter a name if you choose to.

Select list(s):

Are you buying gold and keeping it “on deposit” or in a bank’s safety deposit box?
What’s with @JohnKerry being disturbed? Agreement was a JOKE to Iran
Environmental Protection Agency Flooded With Lawsuits Over Controversial Water Rule
Just what kind of person considers Jeb “ruthless” and too “conservative” to be President?
I have to throw Rand Paul out of my favorites for 2016

All Time Most Popular

The Official Nobama Response to President Obama’s Speech before a Joint Session of Congress on September 8, 2011
Out of Control “Occupiers” – Videos
Will it be President Perry?
Bulletin: We’re Going to Win this Election
It’s Jobs-4-Jihad. When Islamic Radicals commit Jihad, Marie Harf is ready to give them jobs. Requires true Jihadist ONLY
Time for Obama to Stop the Genocide and Prevent a Total Loss in Iraq
Get This: #ObamaCare Funding Not Coming in as Expected? Who would have thought?
What’s the ‘Real’ Jobless Rate? Is it Really 22.3%?
US Representative Marsha Blackburn: TSA Coming to Roadways and Other Places to Screen You
The “F Word” Should be Said to Harry Reid for these Attacks on Romney
Stephanie Cutter is Twisting The Truth as She Defends Emperor Obama
Our Second Site – Please Visit RINO Wiki –
The Gary Johnson Campaign: It’s all about Pot and Penny Stocks
Did Pakistan Really Know Bin Laden Was in that Big House? Likely, Yes
A Special Note to Dick Morris: You’re Fired
Herman Cain Verus Bill Clinton: Cain Puts Clinton in his Place on “HillaryCare”
We Cannot Choose Someone Who Chose Socialism Even Once
Guns Stop Violence and Save Lives in the Hands of the Right Citizens… Like this One
Watch Out: Palin is possibly pushing for a BROKERED CONVENTION so she can get the nomination
Barney Frank Quite Frankly has a Hissy Fit on CNBC
The Occupation:  Members of Occupy Denver Freeze – Should be a Great Winter!
Bristol Palin Stands Up For Herself, and Defends her Mom, Sarah Palin
If you scientifically question “global warming” you WILL LOSE YOUR FUNDING
Announcing Obama’s Very Bad Week: Let’s Pray the SCOTUS Ends Obamacare