Irenaeus, Siteadmin, Check users, oversight, Administrators
351,801
edits
Changes
Jump to navigation
Jump to search
Line 49:
Line 49: + + + + + + + +
→Barack Obama and United States Unemployment
A Kauffman Foundation study found that American entrepreneurs will limit hiring in 2010.<ref>http://www.gaebler.com/News/Small-Business-Finance/Entrepreneurs-will-limit-hiring-in-2010-19568840.htm</ref> According to the U.S. Small Business Administration, "Over a recent 15-year period, small businesses created some 65 percent of the net new jobs in the private sector."<ref>http://www.sba.gov/advo/press/10-03.html</ref> On February 12, 2010, an [[American]] small business owner published a piece in the ''American Thinker'' critical of President [[Obama]] entitled, ''Dear Mr. President: Why We Are Not Hiring '' that was reflective of anti-[[Obama administration]] policy sentiment among many United States small business owners. <ref>http://www.americanthinker.com/2010/02/dear_mr_president_why_we_are_n.html</ref> American businessman William H Watson also wrote a piece critical of President Obama policies entitled, ''Why is Small Business Not Hiring?''<ref>http://www.goarticles.com/cgi-bin/showa.cgi?C=2509637</ref> Given that small business owners are among the most respected individuals in the United States with a 94% approval rating among the U.S. public, small business owners speaking out against President Obama's policies likely contributes to his plunging approval ratings among the United States public.<ref>http://www.rasmussenreports.com/public_content/business/general_business/september_2009/americans_now_view_congress_as_least_respected_job</ref>
A Kauffman Foundation study found that American entrepreneurs will limit hiring in 2010.<ref>http://www.gaebler.com/News/Small-Business-Finance/Entrepreneurs-will-limit-hiring-in-2010-19568840.htm</ref> According to the U.S. Small Business Administration, "Over a recent 15-year period, small businesses created some 65 percent of the net new jobs in the private sector."<ref>http://www.sba.gov/advo/press/10-03.html</ref> On February 12, 2010, an [[American]] small business owner published a piece in the ''American Thinker'' critical of President [[Obama]] entitled, ''Dear Mr. President: Why We Are Not Hiring '' that was reflective of anti-[[Obama administration]] policy sentiment among many United States small business owners. <ref>http://www.americanthinker.com/2010/02/dear_mr_president_why_we_are_n.html</ref> American businessman William H Watson also wrote a piece critical of President Obama policies entitled, ''Why is Small Business Not Hiring?''<ref>http://www.goarticles.com/cgi-bin/showa.cgi?C=2509637</ref> Given that small business owners are among the most respected individuals in the United States with a 94% approval rating among the U.S. public, small business owners speaking out against President Obama's policies likely contributes to his plunging approval ratings among the United States public.<ref>http://www.rasmussenreports.com/public_content/business/general_business/september_2009/americans_now_view_congress_as_least_respected_job</ref>
=== Obama Policies and Return of Stagflation Concerns ===
In February of 2010, the ''[[Washington Times]]'' reported:
{{cquote|Prices rose 2.7 percent during 2009, according to the Bureau of Labor Statistics' recent update of the Consumer Price Index (CPI). This is a worrisome fact because last year's unemployment rate averaged more than 9 percent. This trend may signal a return of "stagflation," a merger of stagnation and [[inflation]].
In the 1970s, stagflation shocked traditional [[Keynesian economics|Keynesian]] economists, whose models said the economy could not suffer from both high unemployment and rapid inflation at the same time. Unfortunately, the Keynesians were wrong, because an economy obviously can experience both evils simultaneously...
It seems every week the Obama administration announces some new tax or mandate that will further handicap businesses. Regardless of the official definitions of recession, the economy will remain sluggish for years to come. But if the [[Federal Reserve]] continues with its reckless policies, Americans will experience high inflation on top of high unemployment. As in the late 1970s, Americans will see that the pundits are wrong, because stagflation is very real.<ref>http://washingtontimes.com/news/2010/feb/19/setting-the-stage-for-stagflation/</ref>}}
==Political views of Barack Obama==
==Political views of Barack Obama==