PATSNUTme

Obama: Limited Gov't That Preserves Free Markets 'Doesn't Work. It Has Never Worked' | CNSnews.com

Coming from the POUS, this is scary. Knowing what is happening to many counties in Europe, this is scary.

I don't think anyone from the center or center right is advocating getting rid of all regulation. But he is making the case for over regulation which is stiffing the enconomic recovery and casuing energy prices to stay high. And it is causing the massive government debt that threatens to pull down the economy even further.

He either doesn't get it or doesn't want to get it, both of which are scary.

Gainzo

What I find scary is letting Corporations do whatever they want.

The only reason the right thinks that everything is over regulated is because the Bush Administration did their best to strip the EPA, and other regulatory agencies, of funding and putting special interest people in key positions in those agencies.

Taxes are very low compared to the Reagan, Bush 1, and Clinton years.

Real World

And spending is excessively high compared to those years as well.


This guy should take a look across the pond before he makes speeches about how awesome it is to have an over regulated, over spending, over taxed, big government, nanny type system. That "doesn't work" pal. Maybe if this guy had a real job at some point in his life, he'd understand more about economics. It's not no regulation, it's over regulation. It's not no government, it's too much government. It's not no taxes, it's too much taxation. It's not no spending, it's spending yourself into oblivion.

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"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
Leo Tolstoy, 1897

JackBauer

Well, that's simply terrific. Straw men, galore!

Say, do you happen to have a link to a site actually worth reading (that is, not CNSnews.com)?

Harry Boy

Everything about this guy (Jug Ears) is scary, if he gets re-elected then he'll really go nuts he won't have anything to lose he can raise all the hell he wants, he will probably start another American Civil War.

I wonder where the hell the clown was born?

Obama has been keeping all of his bad crap for his second term, God help us.

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Harry Boy (Genius)

In The Absence Of Law And Order Society Will Surely Destroy Itself

Gainzo

Any idea why spending is excessively high? Maybe it has something to do with unfunded wars and bailouts for Company's that couldn't handle being in the free market?

mcgraw_wv

Are they not allowed to do with their land and property what they want too? What do corporations do, as they please, which harms this country, without government oversight helping them?

See in a limited government world, a company which polutes my land, gets sued, and potentially goes out of business.

In Obama's world, a government agency which costs 2Billion a year is put in place to ensure they approve of the waste and ensure that you can't sue the corporation because all "credible" scientists say its safe and doesn't cause any issues. Now you can't even bring your case before a Judge.

People... Are you an ANT or an Eagle? Do you need a Nanny your whole life? Os anyone, anymore capable of taking a wee bit of responsiblity for themselves?

If an "evil" company makes a product you don't agree with, or treats their employees bad, DONT BUY THEIR PRODUCT, DONT WORK FOR THEM.

Where are all the guns to people's heads that are "forced" to have to deal with all these evil corporations.

Patters

How is regulation stifling the economy? Under Carter we began deregulating, and saw a major recession. Under Reagan we continued the deregulation and things got worse until he started deficit spending and raised taxes. Even then, it ultimately resulted in the Bush I recession. Under Clinton, we restored higher taxes and brought back some regulation, as well a responsible economic policies that reduced the debt. The economy did well. Under Bush II, we perhaps had the smallest amount of regulation since the era that ushered in the Great Depression, and Bush's policies caused our economy to crash. Regulation is simply a tool. It has very little to do with our debt. Our debt is caused by spending and not raising taxes to manage that spending. Deregulation, which we still suffer from, never created jobs. Obama is right that Reagan's trickle down approach was a failure. The fact is that the regulated countries are struggling right now, but they still have the highest standards of living in the world. Can you name a nation that has very little regulation that you think is better than the US or the European countries?

The headline to the article distorted what Obama said, but the article quotes him accurately and he's right:

"'[T]here is a certain crowd in Washington who, for the last few decades, have said, let’s respond to this economic challenge with the same old tune. 'The market will take care of everything,' they tell us," said Obama. "If we just cut more regulations and cut more taxes--especially for the wealthy--our economy will grow stronger.

"Sure, they say, there will be winners and losers," Obama continued. "But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesn’t trickle down, well, that’s the price of liberty.

"Now, it’s a simple theory," said Obama. "And we have to admit, it’s one that speaks to our rugged individualism and our healthy skepticism of too much government. That’s in America’s DNA. And that theory fits well on a bumper sticker. But here’s the problem: It doesn’t work. It has never worked.

PatriotsReign

I agree with you more than I disagree...but I have to play devil's advocate here mcgraw...so here goes.

If corporations don't need to be regulated, why were work conditions so bad in the early 1900's prior to unionization and laws being passed?

People had the choice to quit...at least on paper they did. But the reality was, they had to provide for their families under torturous conditions. What natural economic force would have corrected this major problem had the gov't not stepped in?

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Real World

Off the top of my head, I'm going to go out on a limb and suggest a number of things like those you mentioned, wars and bailouts, as well as stuff like entitlement programs, over half a trillion on k-12 education, the MIC, a quarter billion for penis pumps, $17 muffins, trillion dollar stimulus packages, farm bills, life long unemployment benefits, Department of A, B, C, D, E, F, G... billions to Pakistan, billions to Israel, billions to uranus... bridges to nowhere, airports without planes, trains, planes, and automobiles, illegal aliens, HUD, prescription drug benefit,Team America World Police, and on and on and on and on....

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"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
Leo Tolstoy, 1897