Saturday, December 6, 2008

Socialism Begins

And this, my friends, is why I did not vote for him.

Obama wants to create a FDR-like public works program for the economy.

A few reasons why it will not work.

Obama is not FDR despite their many socialist similarities. Clearly, he is believing his own hype and that is very dangerous. Apparently, the "change" he meant was not anything new, but something very old - about 75 years old.

This is not 1933 - most Americans are not construction workers - they have neither the skills nor the inclination to build bridges. Back in the 30s that was a good job, now it will not satisfy most Americans ambitions. Quite frankly, the construction industry is riddled with illegal immigrants. A gaint infrastructure building program will mostly provide jobs to illegal immigrants, not Americans.

Also, this is not 1933, Americans have more entrepenuerial resources than in the 1930s, we can start a new business or use our existing skills to retrain for another job. Government programs encouraging retraining via technical schools and community colleges would be money better spent. Small loans to help people create businesses would be better than paying big construction companies to higher illegal immigrants.

Finally, this is not 1933. This is still a recession, not a depresion. But it will become a depression if the government continues to spend taxpayers money on bailouts that, so far, have not helped. The banking industry is a big black money hole and the more the government lays on taxes to less likely businesses will invest in capital or employees.

This is how socialism begins. If we are not careful, this is the start to the nationalization of industries and then statism and stagmentation.

Don't believe me, look at Europe.

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