Posted by
Jim McGriff Jr on Thursday, October 30, 2008 6:00:00 PM
Obama is economically inept… and he is getting by with it.
Obama does not understand what makes the American economy successful. Obama tells American youth to go to work for government or a non-profit, a noble career so to speak, instead of working in business. It is evident that Obama does not understand the American free enterprise system.
America is great because of our free enterprise system and the ingenuity of the American worker. The success of Government, non-profits, the entertainment business, sports, and other such enterprises is dependant on the success of American business and its workers. If Obama does not understand this, he is economically inept and should not lead our country.
There is a story about a small town that decided to get rid of a factory. The citizens thought the factory was unsightly and dirty. The owner was the richest person in town. This owner did not want to move his factory. He came up with a unique idea. He decided to pay his workers in silver dollars one Friday. By his next payday; every citizen in the town had a silver dollar in their pocket. The owner did not hear anymore complaints.
Lou Gerstner, past president of IBM, made the statement that IBM is successful because every worker is a leader. When Mercedes considered Alabama for its first American factory, other states said that Alabamians were unskilled and dumb. In other words an Alabama redneck could not built a car. Now Alabama has several auto makers. Auto makers learned that Alabama workers wanted to learn and work. As Lou said, American workers must be leaders. Our country’s economy is successful because its workers create economic success. American workers leadership and know how is the key to their success. America needs the smartest and best citizens to go into business.
The communist economic system failed because all workers worked for the government. The workers said the government makes believe it pays us; and, we make believe we work. Adam Smith’s invisible hand choked the socialist communist economy to death.
Obama’s simple statement about what our youth should do shows that he really does not understand what creates America’s wealth. America’s wealth is created by the successful American entrepreneur and the American worker. Apparently, Obama does not understand that our government’s role should be to create an environment where American workers and business can flourish. Obama wants to tax these businesses.
Obama does not understand that American business needs our best youth to be successful. When American business is successful our government, our citizens, and our non-profit organizations benefit
Oscar James McGriff. Jr.
Tuscaloosa, Alabama 35405