{"id":996,"date":"2009-07-12T09:26:50","date_gmt":"2009-07-12T09:26:50","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=996"},"modified":"2009-07-12T09:26:50","modified_gmt":"2009-07-12T09:26:50","slug":"the_impact_of_our_current_econ","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=996","title":{"rendered":"The Impact Of Our Current Economic Policies"},"content":{"rendered":"

 Larry Kudlow, the host of CNBC’s Kudlow & Company, has posted an article at Townhall.com<\/a><\/acronym><\/span>  about the impact of the Obama Administration’s economic policies.<\/p>\n

Mr. Kudlow points out that the increases in taxes, spending, and regulation are causing the United States to become less competitive in the world market.  China has been moving in the direction of free-market capitalism as we have been moving away from it.  <\/p>\n

Mr Kudlow points out:<\/p>\n

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“Heavy government controls at home, along with an income-leveling social policy couched in economic-recovery terms, is no way to run a railroad. At the simple stroke of a computer key, world investment flows to its most hospitable destination. That includes a reliable currency. But in President Bush’s last year and President Obama’s first, the U.S. has become a less-hospitable destination for global capital. That should worry everybody.”<\/em><\/p>\n<\/blockquote>\n

The article traces the growth of China as a world economic power.  They have increased the number of companies in the Fortune 500 list of top companies in the world, while American companies are disappearing from the list.  China has no capital gains tax, and it has a low corporate tax.  President Obama will probably increase both those taxes for Americans.<\/p>\n

Mr. Kudlow concludes:<\/p>\n

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“Year-to-date, Dow Jones stocks are off 8 percent, while China stocks are up 71 percent. The world index is up 4 percent. Emerging markets are up 25 percent. They’re all beating us. None of this is good. <\/em><\/p>\n

We’re going the wrong way. That’s why stock markets are not voting for the United States anymore.”<\/em><\/p>\n<\/blockquote>\n

We need to look at the things that grow an ecomony and the things that slow down the growth and reevaluate the direction that we are heading. <\/em><\/p>\n

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 <\/em><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

 Larry Kudlow, the host of CNBC’s Kudlow & Company, has posted an article at Townhall.com  about the impact of the Obama Administration’s economic policies. Mr. Kudlow points out that the increases in taxes, spending, and regulation are causing the United … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-996","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=996"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/996\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}