Today while P-BO was giving a speech at a Charlotte, NC speech trying to tout the so-called success of his failed stimulus plan – he stated this:
“Companies will not make investments for the public good.”
Obama was at a company today that received $49 Million from the stimulus package in order to make lithium-ion batteries. The problem is – even with the success this company appears to be having right now and announcing they will hire 300 more employees – the fact of the matter is that they haven’t even spent ANY of that stimulus money.
The statement above proves that Obama hates capitalism and believes that ONLY government can create jobs. He is trying to state that by giving this company the $49 Million of taxpayer money he saved that company and created jobs. False, false, false. This company is successful IN-SPITE of the stimulus money.
Furthermore, the statement above proves:
a.) He doesn’t understand how business operates – why the hell does he think people go in to business in the first place? It is to provide a good to the public. The public chooses whether or not to purchase that product. All business is for the public good.
b.) He doesn’t understand economics – no country can sustain itself if EVERY job is a government job or government funded job. The latest unemployment numbers say that 162,000 were added in March. But – 88,000 or more than 50% of those jobs are temporary government jobs that will go away in July. Totally unsustainable.
c.) He truly hates capitalism, corporations, and a free-market based system. Anybody that can say that government creates jobs – not private corporations – is a socialist and hates true freedom.
P-BO just continues to prove he is inexperienced and just plain clueless when it comes to America and the American people. This continued expansion of the size of government and continued funding of private businesses using taxpayer money is unsustainable and a slap in the face of every American – and a direct intrusion of the U.S. Constitution. There is nothing in the Constitution that allows our government to redistribute taxpayer money to private corporations. This type of chicanery does nothing for “the public good.” It is just Obama and the Democrats trying to buy votes before November.