Kim, a frequent reader here has done a bit of research regarding a couple of claims from team Obama. First, the claim our government is such a nice helper and business friendly to business. And, to the fantastic claims that Romney, in spite of his stellar record of job creation here, would be an outsourcer of jobs. Obama is just looking out for the little guy.
Yes, the government is a big helper to the little guy. (pdf) The SBA says they’re not so much of the helpers as Barry wants you to believe. According to the Small Business Association, it cost American Businesses $1.8 trillion in regulatory costs in 2008 alone!
Americans spent enough time and effort complying with government regulations to total $1.8 trillion of our roughly $15 trillion national GDP. (Source: Small Business Administration). During the same year, the entire American manufacturing industry made $1.7 trillion worth of: airplanes, cars, furniture, clothes, upholstery, widgets, gadgets, wingnuts and Sidewinder missiles. Source: U.S. Bureau of Economic Analysis, Industry Economic Accounts (2009) [Value Added by Industry]
Edit note: It was $5.329 trillion [ Gross Output by Industry]
NOTE: THIS IS BEFORE MR OBAMA’S NEW ROUND of Executive Order Fiats of Compliance – Regulatory Legislations.
First Solar—– An Example Of What The Government Can Build <— Lot’s of links in that towards gubment failure.
The Greenies War on Green Chile Peppers <——– Another Marita Noon’s expose on the left’s hatred of private property ownership.
Another federally subsidized green project bites the dust. The Amonix solar facility in Las Vegas, according to former employees, has been out of operation since May of this year. The solar facility was backed by $21.5 million in federal grants and tax breaks.sourcing”
Of course, then there’s the $billions he sent beyond our borders in the name of a stimulus package.
Here is Speaker Boehner’s web site’s take.
Did we mention the Russians recently flew one of our astronauts into space? Seems we’ve outsourced NASA now.
There’s so many more things we can write about to demonstrate his abject failure and lack of understanding of anything business, finance, or economics. But, that would make for some many links and so much reading that we’d be busy past the election.
These are the things Obama’s government can do for you. These are the things he can build for you.
My thanks to http://antigreen.blogspot.com/