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2009-11-23 Home Front: Politix

Brown: Obama economic team has 'turned a corner'

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Posted by Fred 2009-11-23 00:00|| || Front Page|| [11126 views ] Top

#1 Hit appendix yet?

Posted by g(r)omgoru 2009-11-23 01:09|| 2009-11-23 01:09|| Front Page Top

#2 Way past that. Just past the P-trap by now.

Posted by gorb 2009-11-23 03:47|| 2009-11-23 03:47|| Front Page Top

#3 That graphic illustrates perfectly the corner that has been turned.

Posted by Glenmore 2009-11-23 08:02|| 2009-11-23 08:02|| Front Page Top

#4 The ~~liberal~~ socia!ist Brown, who represents a blue-collar state, has pressured the White House to focus more on aiding the manufacturing sector in order to create more middle-class jobs.

Like the derisive comment of Napoleon that Britain was a nation of shop keepers, America is a nation of small business. Just check who employs who. Focusing on large manufacturers is so 19th-20th Century Marxism. Keeping old state businesses running are a drag on the present Chinese economy. Those centralized operations were not the source of innovation and growth in the expansion of their economy. These are the time to allow the small businesses to find their niche and grow, allowing the large dinosaurs to move on in economic evolutionary history. Policies like this of the statists will not move the economy to improvement except on the cooked balance sheets of self rationalization. Remove the obstructions from the small business to expand and restart employment growth.

Posted by Procopius2k 2009-11-23 08:11|| 2009-11-23 08:11|| Front Page Top

#5 Very true P2K. To go a bit further the most recent data I've seen (a year or two out of date now) claims that 3/4 of all new jobs over the past decade were generated by small businesses and that 85-90% of those were generated by less than 15% of all small businesses. The key mechanism that differentiates the job creators is the need for equity, rather than debt, financing. Encourage risk taking & equity investments & grow the economy. Punish the investor / entrepreneur classes and watch it die.

Posted by AzCat 2009-11-23 15:52|| 2009-11-23 15:52|| Front Page Top

#6 Punish the investor / entrepreneur classes and watch it die.

AzCat - that's the desired outcome!!!

Posted by Glenmore 2009-11-23 17:20|| 2009-11-23 17:20|| Front Page Top

#7 Hostility to smaller/newer businesses is part and parcel of modern Democrat philosophy, just as eliminating the kulaks was integral to Stalinism. The leftist commentator Michael Lind - near the end of a screed about how opposition to lefty social-welfare schemes was motivated mainly by RAAAAACISM- dropped the following little nugget:

"The costs of such unfunded mandates might drive some small businesses out of existence. But small-business owners are the most vocal opponents of wage and benefit reform in the U.S. The replacement of Scrooge & Marley by a smaller number of bigger private and public employers who treat Bob Cratchit and Tiny Tim better would not necessarily be a tragedy."

Posted by Ricky bin Ricardo (Abu Babaloo) 2009-11-23 17:26|| 2009-11-23 17:26|| Front Page Top

#8 The replacement of Scrooge & Marley by a smaller number of bigger private and public employers who treat Bob Cratchit and Tiny Tim better would not necessarily be a tragedy."

Translation:

Are there No Workhouses? Are there no Prisons?

Posted by CrazyFool 2009-11-23 19:08|| 2009-11-23 19:08|| Front Page Top

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