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Thursday, February 11, 2010

Info Post
by Gary Bauer, Contributing Author: Okay, folks, you have to sit down for this one. President Obama just did an interview with Bloomberg BusinessWeek that was astonishing for its sheer audacity. He actually claimed that his administration has promoted a “fundamentally business-friendly agenda” and he said that he and his top officials are “fierce advocates” of free enterprise. No, this isn’t an early April Fool’s joke.

The president went on to say, “You would be hard pressed to identify a piece of legislation that we have proposed out there that, net, is not good for businesses.” Really? Not even one? I’ll take that challenge.
  • How about promising to let the Bush tax cuts expire? I know Obama thinks this only hits the “rich,” but according to one report, Congress’ “Joint Committee on Taxation expects half of the revenue raised by the tax increase to fall on businesses that are taxed as individuals.”
  • How about the government takeover of healthcare? House Democrats passed a socialized medicine bill that costs more than $1 trillion. It was paid for with a big tax hike that would negatively affect 60% of small businesses.
  • How about cap and trade? The Obama Administration admits that this is a huge tax increase on families that would kill jobs because businesses would also face much higher electricity and transportation costs.
  • How about his constant bashing of businesses? The CEO of Loews Corporation, which owns hotels, said Obama’s anti-business rhetoric did “a good job of killing” the travel industry. He added, “The criticism that took place of group travel was really a death knell for the industry. It’s easy for the politician to get the sound bite. What they are doing with those sound bites is putting maids and bellmen out of work.” Not to mention workers in related industries like restaurants and airlines.
I could go on, but that wouldn’t be fair. It’s like shooting fish in a barrel.
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Gary Bauer is is a conservative family values advocate and serves as president of American Values and chairman of the Campaign for Working Families. He submitted this article in an email to the ARRA News Service Editor. Bauer was a former Republican presidential candidate and served as President Ronald Reagan’s domestic policy adviser.

Tags: Barack Obama, business, Campaign for Working Families, Gary Bauer, not listening, the economy To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!

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