Obama’s Plan to Create 2.5 Million Jobs: Let’s Have A National Chain-Gang…

So let’s see. Barack Obama in his weekly broadcast from the “president-elect” has come up with the solution to our economic crisis:

President-elect Barack Obama promoted an economic plan Saturday he said would create 2.5 million jobs by rebuilding roads and bridges and modernizing schools while developing alternative energy sources and more efficient cars.

The goal is to it quickly through Congress, with help from both parties, after Obama takes office Jan. 20. The plan, which envisions those new jobs by January 2011, is “big enough to meet the challenges we face,” he said.

For starters, Obama is being sworn in on January 20th, 2009, the 2.5 million jobs strong national chain-gang he is promising to create comes into existence in January, 2011, so for 2 years, the status quo is expected to remain.

Having said that, it is obvious someone needs to send Barack Obama a memo on how to create “sustainable” jobs. It’s quite simple really: Lower the tax rate across the board so people can not only save more, but spend more of their own money on things that are important to them.

Let’s take this step by step:

1) The more money people spend, the more jobs will be created.

2) More jobs shall be created because under the free enterprise system, the goods and services people desire require labor to be produced, distributed and supported.

3) The higher the quality of goods and services that consumers spend their money on, the higher the skill levels necessary to produce, distribute and service them. In 2008, most people are not excited about getting a wooden spoon, a plasma tv or a cell-phone on the other hand is a different story.

4) The higher the skill levels necessary, the higher the cost of acquiring those skills shall be, and the higher the income those who possess those skills shall have.

This insane idea of rebuilding roads and bridges and modernizing schools to create 2.5 million jobs is hogwash at best.

I don’t know how many roads and bridges can be rebuilt and at what cost, but it makes no sense to use wealth redistribution as a means to create an economy where the government is responsbile for an additional 2.5 million jobs. This not only diminishes the whole basis of the free enterprise system, but also moves us even closer to a national socialist state.

Ultimately, it saddens me that a majority of Americans elected an idiot, but it is what it is. Here is an excerpt from AP on the broadcast:

President-elect Barack Obama promoted an economic plan Saturday he said would create 2.5 million jobs by rebuilding roads and bridges and modernizing schools while developing alternative energy sources and more efficient cars.

The goal is to it quickly through Congress, with help from both parties, after Obama takes office Jan. 20. The plan, which envisions those new jobs by January 2011, is “big enough to meet the challenges we face,” he said.

“These aren’t just steps to pull ourselves out of this immediate crisis. These are the long-term investments in our economic future that have been ignored for far too long,” Obama said in the weekly Democratic radio address.

“We’ll put people back to work rebuilding our crumbling roads and bridges, modernizing schools that are failing our children, and building wind farms and solar panels,” Obama said. He also made a commitment to fuel-efficient cars and alternative energy technologies “that can free us from our dependence on foreign oil and keep our economy competitive in the years ahead.”

Thankfully, Gallup still puts Sarah Palin at the head of the GOP pack for 2012, and she actually knows a thing or two about creating jobs and prosperity…

PUMA Pundit

Joe Biden Can’t Count…

Isn’t that amazing? The smartest martest man in the whole wide world can’t count…

Look, John’s last-minute economic plan does nothing to tackle the number-one job facing the middle class, and it happens to be, as Barack says, a three-letter word: jobs. J-O-B-S, jobs.

Posted by PUMA Pundit