Keynesian Economics Has Failed

When Ronald Reagan was President the socialist Democrats and main stream media called it voodoo economics.  What will they call the dismal failure of Barack Obama and his Keynesian economics?  Will they call it what it is a complete failure?

Obama has now been President for two and a half years.  For too many months he told us the Republicans had driven the car into a ditch.  If the Republicans drove the car into the ditch, the socialist agenda of Obama and the Democrats has covered up the ditch with the car in it.

Obama told us give him a billion dollar stimulus fund and he would fix everything.  Now two and a half years later over 400,000 new jobless claims last week were filed, unemployment is rising again.  It is now 9.1%.  The true unemployment rate is estimated at 17% or more.  There were only 38,000 jobs created last month.

In two and a half years Obama has created a deficit of over $5 trillion.  His deficit is larger in this short time than the deficit of George Bush in eight years. 

Add to that the housing collapse.  Millions of Americans are losing their homes.  Millions more are upside down in their mortgages, there is no relief in sight.

Keynesian economics have failed.  Bigger and bigger government isn't the answer.  The government can't spend America out of a recession.  The government takes money out of the economy, it doesn't put money into the economy.  Businesses put money into the economy.

What we need is more of Reagan's voodoo economics.  Reduce the size of government.  Reduce the taxes on working Americans and businesses. 

The Keynesian socialist agenda of Obama is strangling the economy.  Under the socialist agenda Obama and the Democrats makes Americans and businesses afraid to spend and grow.  Government regulation is choking business growth.

Obama's demagoguery and class warfare are hurting America.  One of the more important jobs of the President is uniting Americans.  Obama does just the opposite.  His background of community agitator didn't train him for the role of president. 

Obama's agenda has failed.  Keynesian economics has failed.  America does need a change.  The 2012 elections need to send Obama home.  He can build homes with Jimmy (the peanut farmer) Carter.  Jimmy should greet him with open arms.  Carter was the worst president in recent history if not forever until Obama became president.  Now Obama will undisputedly take that title.

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