Advocacy

The Way to End the Obama Recession

Dan Weber, AMAC's Founder

The recession should now rightfully be called the “Obama Recession”.

The president’s policies of Stimulus, Tarp, Opposing Debt reduction and Policy changes (combined into the acronym STOP), have all failed to stop the recession. In fact, according to a recent Pew poll, the number of Americans who believe Obama has made the recession worse has more than doubled in the last year to almost 30%.

With unemployment well over 9% and 2.5 million jobs lost in the last two years there can be no denying the decisions made by Obama have failed to turn the economy around.

No matter how rosy the picture Vice President Biden paints, he cannot cover up the facts.

If conservative economists are to be believed, the Obama formula of more government spending, increasing the debt and raising taxes continues, the number of Americans suffering from the recession will increase.

The first thing that we need to do to is to tell the truth to the people. If the Tax cuts from 2003 are left to expire, everyone’s taxes will go up.

The lowest tax rate of 10% will increase to 15%, so low income workers (earning less than $16,750) will have their taxes go up by 50%!

Similarly, the “rich” taxpayers earning over $250,000 will get an increase. But the truth of the matter is most of the “rich” people affected will be owners of small businesses where the small business is taxed as an individual (subchapter S corporations). So any money left in the business to pay for future bills is counted as income. Likewise, the principal on any loan payments cannot be deducted so if a business has loan payments, which most of them do, the owner’s taxable income could be shown as $250,000 when the actual income could easily be $150,000 or less, before taxes. After taxes the owners are not nearly as rich as we were told.

Is it any wonder that small businesses are laying off people and not hiring?

The way to end the recession is to continue the tax cuts, cut government spending and add additional selective tax cuts to stoke the economy.

The way to get this country moving again is to create more jobs. Not just any job, certainly not government jobs but well paying jobs in the private sector.

The U.S. has suffered in the world economy by losing manufacturing jobs. We have lost the great edge we once had in being able to out manufacture the competition

The Association of Mature American Citizens proposes the creation of Free Enterprise Zones where new manufacturing plants would be constructed to make products that are no longer made in the U.S.A.

Skeptics will say, “How can we make something cheaper than the countries that stole our business because of low labor cost resulting in unbelievable low prices?”

The answer is simple, we out produce them.

Take light bulbs for example; if a plant overseas can produce 100,000 bulbs in a month we build a plant that can produce 2 million bulbs in a month. Mass production, more properly called Super Mass production, will result in lower prices and make our products competitive again.

The new plants will be like something that no one has ever seen before.

They will be huge mega plants with heavy automation and robotics. Fewer workers will be needed but because of their massive size we’ll still put many, many workers into good paying jobs.  Additional jobs will be created during the construction and maintenance of the plants. Even more people would be needed in the sales and marketing side of the businesses. The ripple effect will be felt in areas where the plants are located to provide housing and services to the new workers.

The billions of dollars needed to fund the program would come from Enterprise Bonds sold to investors and the general public that would provide tax free income on the interest earned. The interest rates would be very competitive. (For example; in the present economy they would pay somewhere around 3-4% and they would be backed by the full faith and credit of the U.S.)

Let’s bring manufacturing jobs back to the U.S.A. and let’s get this country moving again!

Note: The Association of Mature American Citizens (AMAC) is a growing organization of over 100,000 members representing the views of citizens 50 and older.

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25 Comments on "The Way to End the Obama Recession"

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darald staley
5 years 7 months ago

Right back at ya,David. BUY AMERICAN!!!

David Kerns
5 years 8 months ago

HEY darald staley, about what billy_bob butler wrote. Sounds like he hit the nail on the head (your head) you looser. LOL

darald staley
5 years 8 months ago

That has got to be the single most stupidest thing any one has ever said anywhere other than Sarah Palin thinking Africa is a nation and not a continent. May the good lord grant you some brains!

billy_bob butler
5 years 8 months ago

“Harry” posted on Yahoo.com,

“The danger to America is not Barack Obama, but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president.
The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools such as those who made him their president.”

mark jeffers
5 years 8 months ago

Calling this the Obama Recession is very divisive and partisan. It is the great American recession. We are one country and Obama is our American president. Our dialogue needs to more respectful as Americans as we try to eliminate divisive partisanship. Both parties are fully responsible for our current economy. We can agree that we need to bring back American manufacturing to this country. Government and business need to work together to close the loopholes that allowed American jobs to be shipped overseas. Nafta, Trickle down economics and deregulation rules need be to changed so American manufacturing can prosper again and help rebuild this once great nation.

darald staley
5 years 8 months ago
Maybe your’e right Fred, we should all forget about the benefits we have and the wages that allow us to live a decent life and all go back to non-union jobs.Without those unions do you really think we would have gotten these benefits from the rich corporations that like to give out millions of dollars to their higher ups and bitch about a fifty cent raise to their employees? Take a look back in history and you might learn why unions were established in the first place.Do you really want to see the American people earning the same wages as the Chinese slaves. Do you want us all being poor and only the rich being able to enjoy the benefits of your work. Did you know that a Wal-Mart manager would have to work a thousand years to make what their CEO makes in a year. I’m pretty sure we… Read more »
Fred
5 years 8 months ago

We need to move the government out of the way of giving support to Unions. Let the people decide if they want a union or not. This includes government employee unions. It’s time to stop treating government employees as sacred cows that can not be removed for poor performance or tardiness or consistantly missing work, etc. They, along with teachers, should have to work under the same rules as all other workers. Their should not be arbitration by the government. There are enough laws on the books to protect workers, therefore, the unions are one of the causes of high costs of goods produced in this country because of unreasonable high wages, etc. which put American producers at a disadvantage when competing with other countries.

J Gannon
5 years 8 months ago
Indeed, mostly good points and intentions all. However, everyone seems focused on the blame game and partisan politics, neither focus will provide any solutions. Now, Mr. Weber’s proposal regarding Free Enterprise Zones is brilliant and that’s where the focus should be. Hats off to a positive, non-partisan suggestion – Mr. Weber puts forth a solution as opposed to a regurgitation of a frustrated body politic, rife with inane agendas. Let’s approach our common national malaise in a like minded apolitical fashion. I much rather listen to well thought out solutions as opposed to a bunch of senseless political banter. Tea party is a great movement, but just turn down the rhetoric and volume a bit (granted we are all frustrated at the present state of things). I consider myself an “Independent”, our present politicians (for the most part) serve one purpose and one purpose only – their personal enrichment –… Read more »
Lloyd Claxton
5 years 9 months ago

My reading of history convinces me that most bad government results from too much government. T. Jefferson
“WE THE PEOPLE” – PLEASE AMERICA, YOU JUST HAVE TO WATCH GLENN BECK EACH WEEK DAY AFTERNOON AT 4:00 PM CENTRAL TIME ON FOX NEWS – IT’S ALWAYS A REAL ” EYEOPENER” ABOUT WHAT’S GOING ON IN WASHINGTON DC – BELIEVE ME, IT AIN’T PURTY !!! – If you are at work, or on your way home, please record the show and watch it later with your family – This is something we all need to be aware of….WE ARE IN TROUBLE ! ! !

darald staley
5 years 9 months ago

Thanks for speakiing up about who started this recession ball rolling.The only ones to fix this recession will be the American people by buying USA made goods. They cannot continue to look at our government to fix what they are screwing up by continually buyin foreign products. Stop buying goods from China and all of the non American countries that continue to step on people’s rights, devalue their own currency, and do anything they can to take our jobs,our money and our livlyhoods. Quit supporting Communist countries and demand that your retailers sell USA made goods. WAKE UP AMERICA!

Daryl Lamkey
5 years 9 months ago
What many of you seem to forget is that the vast majority of the economic problems we’re currently facing originated in the 8 years of the G. W. Bush presidency. You people are blaming Obama for the recession, and you’re dead wrong. Republican deregulation is part and parcel of what crippled our financial well being – witness the banks, etc., that needed rescuing – had not Obama’s actions been taken, we wouldn’t be in a recession – we’d be in a DEPRESSION! Get it? Obama didn’t start this – he’s just trying to clean up Bush’s mess. The same Bush, I’d like to add, that gave tax breaks to corporations for sending American jobs overseas, and who invaded a country (Iraq) that never attacked us and was never a threat to us. (9-11, you will recall, was carried out by 17 Saudis and 2 Yemenis, no Iraqis.) I could go… Read more »
kadhimauniy
5 years 10 months ago

hello

Steve Wynacht
5 years 10 months ago

In the 1960’s I was in the ceramic tile business. By law any state or federal buiding project had to use American made products. I believe there was a law entitled, “The Buy American Act.” The point was, if the country was spending American Tax dollars they had to spend them on American Products. Seems like a sensible concept.

Richard Buzon
5 years 10 months ago
I just learned of your org, and wished I had learned earlier. I am soon to be ex AARP member who is totally disgusted with the mumbo jumbo they spout. The message here is exactly what this country needs. We are Americans, not a “Global Community”. I don’t see the rest of the world giving away their jobs, their resources, their peoples livelyhoods. We need to bring manufacturing back to the USA! We also need to get rid of the corporate congress we have, and to do away with the crooks running these large banks and businesses. America is the greatest country in the world, and we are selling it off as fast as we can. We need to take care of America, not every other country in the world, fix the home front then we can help the rest of the world, if they want it.
darald staley
5 years 10 months ago
I just read through some of your literature and realized this organization should be called Rmac, for Republican Assoc. of Mature American Citizens. I have voted both parties throughout my life and I have never seen so many people try to blame everyone else for what they did as the Republican Party in the last two years. They have made it a policy to hurt Americans rather than stand up and help solve the problems we face today. I did find it comical that the Republican Party moved Mr. Steed into a leader right after Obama was voted in. Before that, they kept their black members pretty low profile? Your Party should learn that putting America and the people they represent before their own personal gains, is what they were elected to do. This is one country and everyone should want us to stay a Great country rather than trying… Read more »
darald staley
5 years 10 months ago
Obama inheirited a recession that was years in the making.It is pointless to blame him for another parties blunders.If we were to pass bills that lawfully required American taxpayers taxes be spent wholly on USA made products, the we would start the rebuilding of our economy. If instead of giving taxpayer monies to other countries, our government purchased USA made products and gave them to the other countries, again, we would start rebuilding our economy. If all government agencies spent their budgets on USA made products, again, our economy would be on the mend. Once the American people saw jobs coming back due to the new laws, they would start buying USA made goods again. They can say this is protectionism, but is that not what the government is supposed to do? Protect OUR economy first Why do Americans complain about no jobs and then go to Wal-Mart to purchase… Read more »
Miles
5 years 10 months ago
The problem in this country is the Federal Government. The Democrats have never seen a tax they didn’t like, and socialist Obama wants everyone on the dole except the poor hard-working people who will pay for it. I truly believe he is trying to bring this country to its knees as I have never seen a president so anti-American. We seniors have lived through wars, nuclear threats, Cuban missiles, but we have prospered through hard work and love of country. Now in our golden years we are threatened by our own government. Obamacare will become a danger to all of us. For if this thing is not repealed or declared unconstitutional, we will have rationed healthcare in years to come. We need to marshal our forces and once again prepare for war with our own government. Join the Tea Party, support the conservative candidates, stand against illegal immigration, educate your… Read more »
Paul I. Hursh
5 years 10 months ago
As a retired sales rep who sold steel for several steel mills I read with great interest “The Way to end the Obama Recession”. You are right on message and I would expand on your plan to reinvigorate our manufacturing base.Seeing one mfgr. after another disappearing since leaving the steel industry frustrates this old man! I have long been a proponent of developing our natural energy resources, namely, coal, oil and gas coupled with nuclear development. The U.S. has more than enough resources to shed our dependence on foreign suppliers.Imagine the industries that could be developed requiring labor across the land. Mgmt. and unions working together instead of adverse relationships with one thought in mind of putting America back to work. A strong construction industry would be needed to build the factories needed to supply the goods to the numerous supporting companies of those industries. It’s all tied together. Our… Read more »
Alan Sidles
5 years 11 months ago

This article and the follow-up comments are dead on. This is a soapbox I’ve been standing on for years. Unfortunatewly, I’m just a little guy that no one listenes to.
Here’s another point…. it all starts with you. For the past 10 years I make it a point to buy US produced products, even if it costs more. The only time I buy foriegn made products is when I can’t get it in America. So STOP BUYING FORIEGN MADE PRODUCTS! That alone can hurt America’s competition more then you think. It’s only one small thing, but there’s power in numbers. You all know that.
One other thing… wil somebody please knock some sense into the unions. They’re not helping anyone but themselves. I take that back. They’re not helping themselves either.

Sally England
6 years 2 days ago
I totally agree with your article, “The Way to End the Obama Recession.” The United States fall from manufacturing grace began with NAFTA … we should have listented to Ross Perot when he told the country that if NAFTA passed, we would hear a giant sucking sound! Many Presidents and politicians, Democrat and Republican alike, supported NAFTA, we Americans must restore our Manufacturing base by making/selling things here and as your article states: creating good paying jobs. We must restore “Made in America” to our manufacturing base to compete globally. However, that is only the first step. We must ignore what the Politicians want and send representatives to Washington that represent us, the American people. We need a President, Senators, Congressman, Governors, and local officials all working together to: (1) stop the spending (2) be fiscally responsible (3) repeal Obamacare and replace it with what Americans need (4) adhere to… Read more »
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