Ultimately, it all means that we're going to have to live *lower*, we're going to have to work longer hours under less pleasant conditions, we're going to have to eat lower on the food chain, drive less or not at all, live in smaller homes that are less well heated/cooled, recieve less medical care... And die younger. No one I know is likely to be happy about any of that, but it's the reality.
One of the central issues of our times is the realization that those "land, air and water quality" regulations don't make industry less profitable, they make it happen elsewhere. The choice isn't between having 2000 factories dirty, and 1900 factories operating cleanly, it's between having 2000 factories operating dirty here, and 2000 factories operating dirty in China. In the process, the rich will get richer, because they are who has the money to build factories in China. The poor will get poorer, because the jobs they used to work at will be in China. Our deficits will swell, because we have taken on the care of the poor at the governmental level. And in short, all the bad things will happen.
As for Obama being "anti-business", this article sums up my thought process pretty well. www.cbsnews.com/stories/2009/06/15/opinion/main5089982.shtml It's not all-inclusive, but it gets the point across.
Then there is his rather profligate taxation. http://www.atr.org/comprehensive-list-obama-tax-hikes-a6433 (not entirely fond of the format on that one, but the facts are factual)
Then there's his outright violation of court orders in pursuit of anti-business. For instance, the offshore drilling ban is still in force, costing the US economy billions of dollars that will never be made up. At the same time, he is giving loans to brazil for... offshore drilling. Loans that have no history of being paid back, incidentally. In what world does that make sense?
In fact, the US government is now officially in contempt of court. www.bloomberg.com/news/2011-02-03/u-s-administration-in-contempt-over-gulf-drill-ban-judge-rules.html
Although the moratorium is lifted now.
I could go on. It is quite brutal being a small-business-person under this administration. The uncertainty and regulatory compliance burdens that he is imposing are quite unpleasant. Just for one example, in the PPACA, the "1099 requirement" would have been catastrophic for small business, having to send a 1099 to *every* company with which they did business would be ruinous. That got repealed, thankfully, but that was a year of uncertainty for every small business looking at that looming deadline that would push many small businesses out of the game.
no subject
One of the central issues of our times is the realization that those "land, air and water quality" regulations don't make industry less profitable, they make it happen elsewhere. The choice isn't between having 2000 factories dirty, and 1900 factories operating cleanly, it's between having 2000 factories operating dirty here, and 2000 factories operating dirty in China. In the process, the rich will get richer, because they are who has the money to build factories in China. The poor will get poorer, because the jobs they used to work at will be in China. Our deficits will swell, because we have taken on the care of the poor at the governmental level. And in short, all the bad things will happen.
As for Obama being "anti-business", this article sums up my thought process pretty well.
www.cbsnews.com/stories/2009/06/15/opinion/main5089982.shtml
It's not all-inclusive, but it gets the point across.
Then there is his rather profligate taxation.
http://www.atr.org/comprehensive-list-obama-tax-hikes-a6433
(not entirely fond of the format on that one, but the facts are factual)
Then there's his outright violation of court orders in pursuit of anti-business. For instance, the offshore drilling ban is still in force, costing the US economy billions of dollars that will never be made up. At the same time, he is giving loans to brazil for... offshore drilling. Loans that have no history of being paid back, incidentally. In what world does that make sense?
In fact, the US government is now officially in contempt of court.
www.bloomberg.com/news/2011-02-03/u-s-administration-in-contempt-over-gulf-drill-ban-judge-rules.html
Although the moratorium is lifted now.
I could go on. It is quite brutal being a small-business-person under this administration. The uncertainty and regulatory compliance burdens that he is imposing are quite unpleasant. Just for one example, in the PPACA, the "1099 requirement" would have been catastrophic for small business, having to send a 1099 to *every* company with which they did business would be ruinous. That got repealed, thankfully, but that was a year of uncertainty for every small business looking at that looming deadline that would push many small businesses out of the game.