November 2, 2008

  • Obama's (lack of) Economics

    Obama made the statement that he doesn't mind bankrupting the coal industry. Read it here.

    So let me ask you a simple question: when the government injects cost into any business enterprise, what does that business do?

    You guessed it: they pass on the costs to the consumer. In an Obamocracy, this kind of action will cause sharp rises in energy costs. This is essentially another new tax advocated by Obama. Cash out of your pocket, into the government's pocket.

    Do you think this is a good time to increase energy costs?