So, the post this week is a little late. This is due to two reasons. The first is that I’ve started a new project http://stuffbyupeoplelike.blogspot.com. It started as just a single post idea, but then it seemed like it was going to be too much to publish in just one blog, so it got its own domain. The second is I am having serious trouble coming up with an idea for the week. This blog is young and fragile, and I don’t want to write about anything too controversial, as I might lose my one reader (you know who you are). Unfortunately, I am forced to make a stand as this is the only topic in the news this week, so I have to comment.
I guess I’ll stop wasting space and putting this off, here it goes.
I don’t like Barack Obama.
As a young college student ready for a change, I feel like I am betraying my demographic. After all, Barack is the new hip guy. I mean come on, he and his wife ‘bump it’ (a totally non-sexual term, in case you aren’t ‘with it’), how hot is that? He looks good in his advertisements, he’s different than the president we have now, and it would be great to tell my kids I voted for America’s first African-American president. I really wish I could jump on the band wagon. The problem is, he sounds like a socialist, and too often when I hear his plans and policies I find myself wondering if he ever took any sort of economics class, even just one semester in high school.
So today, I am going to explain the things he supports that I do not. I’ll stick mainly to economic factors. Maybe I’ll comment on other points on his ‘Blueprint’ later, but I don’t want to be too much of a hater (unintended rhyme that's too awesome to rephrase). Oh, and everything I comment on comes from his website www.barackobama.com (under the Issues tab, Economy and Fiscal).
On of my biggest complaint with his fiscal plans is how he defines ‘wealthy’ I’ve heard this number vary from $150,000 to $5,000,000 a year. Obama wants to slam this group with taxes to raise up the middle class. I think individuals are better at spending money than the government is, and I would much rather have Kaptial (yes, with a K) pumped into the economy through businesses and R&D teams, than redistributed the way Obama sees fit. I personally think that Americans made it to number 1 because we were able to use our money how we wanted. You didn’t have to be afraid to be at the top. Once you were the biggest, you could get bigger, and no one was sucking your pockets dry (like they would in Europe). Now I know many in my generation don’t agree because for some reason there is this anti-corporation sentiment. But, I really like corporations, who else are we going to get to sponsor Olympians, and spread American style abroad? Also, I would like to remind anti-corporate America that Apple is a corporation, and they are the sweetest company on earth.
While many of his ideas sound like the answers to the dismal statistics we’ve been watching on Wall Street this year, they seem like they might have some serious negative effects in the long run
Obama said that ‘everyone deserves to have a job at a decent wage’ or something along those lines. What if the jobs don’t exist? What if you raise minimum wage so high or are such an advocate of the right to unionize (which he is) that it becomes to expensive for a company to even operate and it has no choice but to shut the doors? What about jobs then? Ever heard of Detroit?
Also, he has a plan to make sure that minimum wage rises with inflation. I’m not a fan of this. This gives companies no room to give raises or incentives. If every worker is automatically making $9 an hour, they can’t afford to encourage more effort by giving raises within the first two weeks of work. Here is an example. When I started my very first job at Cold Stone Creamery (possibly the best job I ever had, maybe because my boyfriend and I would make out in the freezer…try it) I started at $5.50, pretty close to Federal minimum wage of $5.15. To make $5.75 an hour I memorized ice cream flavors and creations, to make $6/hr had to pass off making waffle bowls and running the ice cream machine. Other incentives followed after that. I passed of the memorization my first week of work, and other certifications soon after. The system encouraged working for your dollar, and showing the company you were committed. After minimum wage is over $8/hr I don’t know how excited business owners will be to give raises to punk high school kids up to $9, when they hardly deserve $8.
He’s all about cutting down government spending (because we all know how financially irresponsible the states have been these past 8 years), but on every one of his bullet items he is promising money. His only plan for increasing government revenue is taxing the rich. You already know how I feel about that.
Oh and he wants to expand a company’s paid sick days to 7. How many of us are already taking advantage of the 3 or 4 we have. Why make more mandatory? I think it only creates resentment between the employee and 'the man.'
I really apologize if this sounds like ranting. It’s just so tempting to get wrapped up in the Obama Party, so I had to reassure myself, and one reader, that it isn’t all change and happiness. I also apologize that I haven’t given any reasons to vote for John McCain, as I’m having a hard time liking him myself.
Ok, I've got that off of my chest. Everyone can disagree with and hate me.