Monday, October 20, 2008

Obama Economic Policy “Trickle Up Poverty”

Heard on the Rush Limbaugh’s radio show, Rush called Obama’s economic plan “trickle up poverty.”

This is what happens when you sieze the wealth from the producers and give it to the non producers.  Spreading the wealth around equals “trickle up poverty,” think about it.

Take Cuba as a historical example. perhaps an extream example but I am going to use it. Castro siezed power and confiscated by force all property in Cuba. The producers who could get out did and it left a nation of non producers that depended on the state for their existance. Compare Cuba in the 1950’s to Cuba today and there is a stark difference. This is the direction we will be heading when Obama’s economic plan kicks in.

Posted by Steve on 10/20 at 03:12 PM
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