The administration, they were hands off. They didn’t do anything. Where were the boats that could have been commandeered by the government to be sent into this region to deal with that oil plume as it was coming up in the water and destroying marine life? Nowhere to be found. Why? The administration was hands off on this policy.
Michelle Bachmann advocates the government taking over public property. This is a tad at odds with her previously-stated positions on government response to crises.
This is what people don’t like: They didn’t like the bail out. I voted against that. People didn’t like the trillion dollars in stimulus spending and I voted against that. People didn’t like the huge government take over of health care and I voted against that also.”
Bachmann advocates against the government having a role in regulating health care insurance and rescuing the crippled economy.
Enough government growth and bureaucracy. By spending hundreds of billions on a failed economic “stimulus” package that has allowed our unemployment rate to rise to 10%.
Bachmann accuses the stimulus package of having failed and of having caused greater unemployment. Perhaps the best-known economic research firms are IHS Global Insight, Macroeconomic Advisers and Moody’s Economy.com. They all estimate that the bill has added 1.6 million to 1.8 million jobs so far and that its ultimate impact will be roughly 2.5 million jobs. The Congressional Budget Office, an independent agency, considers these estimates to be conservative.
Similarly, the unemployment would be up to 1.5 percentage points higher in the absence of the stimulus, according to the non-partisan CBO.
Let’s remember really what this is. This has a lot in common with Italy in the 1930s and they way Italy dealt with economics. It still continues private ownership of business but government is in control.
So government control of the private business, while it’s private ownership, that’s still at the end of the day the federal government virtually having a say over private business. We lose freedoms; we lose economic competitiveness.