All Posts Tagged With: "Jeff Immelt"

Obama’s Jobs Plan: Economic Destruction Becomes Policy

Once again, a professional politician who believes that wealth comes from spending borrowed money has abused the patience of our nation and proposed another mechanism for wasting an enormous amount of money on a vaguely defined program which will accomplish nothing of benefit and inflict further damage on our economy – at least what’s left of it.

As it turns out, the President of the United States is rather clueless as to why the economy is in the doldrums, but under the political doctrine of “something must be done, even if that something will make the problem worse,” he now urges the nation to stagger into another stimulus program.

An economy can be roughly divided into three main sectors: The primary economy is one of …


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