Salesman of the Year!

Barack Obama declared the other evening that, “It’s time for America to chart a new course.”  (Quite possibly the scariest words in American politics.)  And who wouldn’t buy what this guy is selling??? 

Obama promised affordable education and declared that a college education should be a birthright for every American!  Obama promised affordable healthcare for every American and that all of us will have the same top-of-the-line healthcare as members of Congress in four years!   Obama promised to take the record profits of big oil and “make” them reinvest in alternative energy sources and pay for pollution!  Obama promised good paying jobs for the jobless!  And for such a young man with little experience, Obama has done very well for himself in finding enough people to buy into the hype with their votes.

First, Obama does not seem to appreciate that education, especially higher education is something that should be earned through hard work, dedication and personal sacrifice.  What kind of a birthright is Obama talking about?  What kind of message does that send to slackers in high schools across America if the government will ensure that you get a college degree whether you’ve earned it or not?  How many excellent future graduates will then have their degrees discounted because the market is flooded and employers can’t determine whether these degrees represent any significant achievement?  Obama doesn’t understand that promising government-backed college education does not raise the bar, it lowers the bar for everyone.  Obama doesn’t understand that information, i.e. education,  is a commodity that students buy and that college education is an investment in yourself that shouldn’t be passed out to people who haven’t earned the privilege.

Second, Obama doesn’t appreciate the fact that compared to private sector compensation, full-time civil servants and elected officials in the Federal government typically make far less money in public service. One of the incentives to retain well-trained and competent employees and leaders is to provide an excellent healthcare incentive package.  The idea that EVERY American should be entitled to the same government healthcare benefits package is simply pandering for votes.  So, why work for the government anymore?  And more importantly, Obama’s plan cannot work well simply because healthcare services are limited and finite.  Anyone who has visited an emergency room lately already knows this.  If the government begins footing the medical bills of every American and disregarding the limited resources available and increasing the demand on our skilled medical professionals, we will be begging for the days of the 3 1/2 hour emergency room waiting experience.  Further, individuals will have less incentive to be proactive in maintaining their own health (quitting smoking for example) because medical bills will be a thing of the past.  (Well, not exactly, but I’ll get to that.)

Third, the evil “big oil” corporations.  Since when is actually making money such a problem in America?  I really don’t understand how people in cafes can complain about $3.75 per gallon gas while simultaneously paying $64.00 per gallon for their lattes with tipping to boot. Think about it.  We hear a lot about big, bad, American oil corporations and their outrageous profits, but Starbucks is making out like a bandit!  And Obama needs to brush up on corporate formation.  Last time I checked, it’s the shareholders, i.e. regular Americans, who actually own these companies and invest in them!  Obama promises to punish these oil companies for excessive profits, force them to reinvest in other energy sources and make them pay for global pollution.  So Obama’s policies will actually punish the investors, i.e. you and me!  So what’s the point in investing in stocks or mutual funds of American companies if the government is going to limit your opportutnities to amass wealth or save for retirement?  IT IS OUTRAGEOUS that Obama is going to take profits from hard-working, investing Americans and claim that he will help us and the economy by doing so. The government already rakes in billions of dollars with a “B” through corporate taxes and fuel taxes.  If you wish to revive the American economy, the answer cannot be found in punishing with EVEN MORE TAXES the very industries driving the economy in the first place.  Furthermore, Obama doesn’t explain why American oil companies should have to pay for global pollution but not other countries such as Mexico, India, and China. 

Finally, Obama promises good paying jobs (not good jobs) for the jobless–all 5% of them.  This can only mean one thing: raising the minimum wage.  If you haven’t already figured this out, artificially raising wages decreases the overall standard of living because prices rise as well.  You have “more” money, it just has less value.  So rather than raise the bar for everyone and strengthen the economy, minimum wages discount everyone’s dollar–all 100% of us.  Thanks, Barack!  So while a jobless person may find a new job, it won’t necessarily be worth it.  The taxes taken out of their pay check to fund American college educations, universal health insurance, global warming initiatives, and massive job programs won’t leave much after the bills are paid.  And any money left over won’t be worth investing in companies since profits are evil.  So Obama’s policies won’t be free at all.  All of us will pay much higher taxes, have much greater dependence on government and have less money and fewer opportunities for ourselves and our families.

So Obama really knows how to work a crowd and get people excited about “change” even though no one really seems to understand that change can be very, very, bad.  He appears to many as a political saviour, yet his policies only represent the tired old liberal ideas that have never worked.  Obama has the least experience of any Presidential candidate in modern times.  I ask you, “How is that change we can believe in?”

Vote for Obama! It’s easier than thinking! 

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5 comments so far

  1. Neil on

    Excellent summary. We are definitely at the stage where 51% of the people have figured out that they can tax the other 49% into oblivion – temporarily – and think they can get all they want. It will all unravel quickly.

  2. David McDougle on

    I don’t understand, how in a modern culture, well educated Americans do not understand these issues. Seems like economics 101. Everyone appears to be blinded by the liberal rhetoric.

    Wake Up America…

    DCM

  3. David on

    Being a healthcare economics student, I’m going to focus my comments on that area of your post, which I find a little misguided. Healthcare services are finite, this is true, but there is absolutely no evidence that we’ve reached the maximum capacity of care available, or that Obama’s plan would put us over that threshold. Creating more healthcare demand will give the incentive for more people to become doctors and nurses, expanding employment in the long run.

    This other bit about individuals having less incentive to maintain their own health is just lunacy. You’re assuming that the only reason people stay healthy is to avoid medical bills, which is grossly inaccurate. People place economic value on how well they feel every day, on their ability to get up and go to work, on their ability to play catch in the front yard with their children. Medical bills no longer existing will not cause a massive increase in risky behavior, and I’d challenge you to point to research indicating that risky behavior increases as medical costs decrease.

    Obama is by no means perfect, and some of his promises are misleading. But spreading the kinds of falsehoods which you have here about healthcare is just as dangerous as blindly buying into his rhetoric.

  4. Jay on

    Thank you David. I’m very busy currently, but I intend to address your points shortly.

    Stay posted.

  5. […] “IT IS OUTRAGEOUS that Obama is going to take profits from hard-working, investing America… […]


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