Sunday, February 6, 2011

Obama: Business has a responsibly to help grow the economy

The Hill: President Obama called on U.S. businesses to do more to help grow the economy, saying that while the unemployment rate is getting better and jobs are being added, the U.S. needs “to get there faster.”
“Businesses have a responsibility, too,” said Obama in his weekly address on Saturday. “If we make America the best place to do business, businesses should make their mark in America. They should set up shop here, and hire our workers, and pay decent wages, and invest in the future of this nation. That’s their obligation.” [More]
What a complete dunce.  Obama has never run a business and this statement proves it.  People do not take on risk, go into debt or put up with endless red tape because they are obligated to the economy.  People go into business for profit, plain and simple.  It is in  the pursuit of that profit that the nation benefits from new innovations, goods and service and the granddaddy of them all J.O.B.S!

If you create a hostile atmosphere for business (i.e. high corporate tax rate, outrageous union demands, and idiotic greenhouse gas regulations) don't be surprise if business goes else where and take all the jobs with them.  It isn't rocket science. 

I have often suspected that may leftist believe business should only exist to take care of the needs of man and nothing more.  That profiting off of those needs is just plain evil. Things like risk, skill, ingenuity or innovation are somehow not worthy of reward (profit).  This is why I think Obama believes he can just command business to just create jobs!

9 comments:

Whitey Lawful's Blogspot: The spirit of the law is greater then the letter. said...

Have you noticed that in the analysis and criticism of the economy: the consumer and the bulk of America's economic choices and ideology is not usually stated?

Janelle said...

More than occasionally, I wonder how much cocaine he actually did when he was younger. These types of remarks might be normal from a freshman in high school, but he is pushing fifty years old.

bd said...

its all been observed before; apparently, with this post we see the battle may never be over - your restatement w/ this post is most welcome

ref "...believes he can just command business...": its in the dna of the hard left(?)

Jim McKee said...

Obama really needs to familiarize himself with the concepts contained in Adam Smith's "The Wealth of Nations".

But I'm not holding my breath.

Clifton B said...

Whitey Lawful:

Yes I have noticed. It is almost like we are not part of the equation.

Clifton B said...

Janelle:

Remember Janelle, Obama is only familiar with business in the academic sense. He never ran a business in his life.

Clifton B said...

bd:

Control, it is what the left is all about.

Clifton B said...

Jim McKee:

I ain't holding my breath either.

Angie Lee said...

He also CONVENIENTLY leaves out the reason why the unemployment rate is "getting better."

When you spend as much time cooking books as our government does, you'd think they'd come up with a method to make themselves look even better - remember, lies, damned lies, and statistics. In fact, I'm shocked they didn't start the manipulation earlier so that his 8% post-stimulus unemployment rate was never breached.

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