politicaleconomitalk

With the Democrats poised to win big on November 4th, the redistribution of wealth mentality about to be thrust on us, the answer seems to be yes.  

With a democratic house, senate and white house we are likely to see a huge economic disaster the likes of which we have never seen before.  A tax increase on businesses during a recession?  A tax increase on business and on individuals making over 250,000 is exactly the wrong thing to do during a recession.  Why,  because it will cause small businesses to contract rather than expand.  Which in turn will cause job losses rather than job growth.  The spread the wealth around mentality will not work in America.  It has not worked anywhere else in the world, why would it work here. 

 What do you think a national health care plan, run by the government will be like?  Just look at medicare, a bottomless pit of money, enormously wasteful and inefficient, and you see the disastrous results of government run big money programs.  Their is no incentive for medicare to be efficient because it is a bottomless pit of money with very little accountability.   No matter what happens there is aways more money to throw at the problems.  Lets not forget that medicare has been in existence through both republican and democratic administrations.   This proves waste and inefficiency is inherent with big government no matter which party is in power. 

A radical swing to the left is going to hurt a lot.  Wake up America you are about to allow a disaster to happen.

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