Social Democracy’s goal (to which much of Europe’s right also subscribes) was to use the state to realize as much economic security and equality as possible, without resorting to the outright collectivization pursued by the comrades in the East. In policy-terms, that meant extensive regulation, legal privileges for trade unions, “free” healthcare, subsidies and special breaks for politically-connected businesses, ever-growing social security programs, and legions of national and EU public sector workers to “manage” the regulatory-welfare state — all of which was presided over by an increasingly-inbred European political class (Europe’s real “1 percent”) with little-to-no experience of the private sector. – American Spectator
Archive for Category: "Economy"
We warned you – It’s Happening: 5 Coal-Fired Power Plants Shutting Down
[Y]ou can bet that more ‘necessarily skyrocketing’ electricity prices are what’s for dinner. – Townhall.com [Just as Obama promised in 2008]
Fed Chair: “Massive fiscal cliff”
Obama’s rose colored campaign lenses could be referred to as outright lies. Fed chairman Ben Bernanke warns that we are headed for a fiscal disaster. Meanwhile our campaigner in chief continues spending the US into bankruptcy and taxing our economy into an “economic 9/11.”
Expensive Green Energy Destroys Jobs, While Cheap Shale Gas Creates Jobs
“When is a job not a job? Answer: when it is a green job. Jobs in an industry that raises the price of energy effectively destroy jobs elsewhere; jobs in an industry that cuts the cost of energy create extra jobs elsewhere.”
Desperate Dems want Saudis to bail out Obama before election
Did they take the video of Obama bowing to the Saudi king with them when they delivered the letter? How can you still be a Democrat? Their green Utopian dreams are bankrupting us all.
Chu on this – Obama administration doesn’t care about high gas prices
Obama’s anti-energy secretary who is infamous for saying we need higher gas prices like those in Europe doubled down on his goals of using less oil not lowering gas prices. When asked if the goal was to lower gas prices he said “No.”
Unions bankrupting states and cities
Lucrative pension plans are causing New York to borrow from Peter to pay back Peter in a pension ponzi scheme destined for disaster. Cities and states across the US face bankruptcy after years of unions funding Democrats who fund unions in a vicious cycle of stealing taxpayers blind.
Obama Loses His First Debate
Lying is not going to rebut Newt Gingrich’s compelling understanding of America’s energy policy and huge energy reserves. – American Spectator
20 Economic Statistics To Use To Wake Sheeple Up From Their Entertainment-Induced Comas
We need to show all the sheeple out there that the U.S. economy has terminal cancer and is headed for death. We need to show them that the future of our children and our grandchildren is literally being destroyed.
America must lead in real energy production
We have the world’s largest coal reserves and 50%more coal than Russia, but nevertheless US coal is under massive assault from this President. As you recall, Obama promised before he was elected to bankrupt the coal industry and he is making good on that promise with the outcome being huge increases in energy costs for us to endure.