LTE: Obama Undermines U.S. Economic Power
President Obama is all about big government. He believes the federal government should control our destiny as proven in his healthcare program forced on the population, appointment of numerous political czars and the imposition of anti-business policies. The high corporate tax rate and stringent environmental regulations have forced thousands of businesses to close down, and many companies have moved operations overseas, thereby increasing unemployment in this country.
In July of 2012, he said, “If you’ve got a business, you didn’t build that. Somebody else made it happen.” Astonishingly, he believes the federal government is responsible for the establishment and success of businesses.
Government might provide the infra-structure and the policies and framework for businesses to be established, but entrepreneurs and corporate leaders, who start-up new businesses and grow existing businesses are the people who build the American enterprise system.
President Obama shows a disdain and lack of understanding of American businesses and the American free enterprise system. He downplays our accomplishments and apologizes to the world for our successes. He wants to redistribute our power in the world to other countries just like he believes in the redistribution of wealth in this country, which could kill initiative and promote a government-dependent society.
Donald A. Moskowitz