I supported Clinton in the primary and I am not a big Obama fanboy. I never drank the cool aid on Mr. Fresh Face No Experience and two autobiographies.
However, this is not his fault. There is just not support for the tax and budget increases that insuring an extra 30 million people will cost. Period.
If I blame Obama for anything, it is not recognizing this fact, pivoting, and moving on the way Clinton did in '94. But I really didn't expect any less from somebody with zero executive experience. Not even a lemon aide stand.
I am an attorney that works with a lot of small businesses. I know how government regulation crush them on a daily basis. People have no idea how thin the margins are for these guys and they cannot afford lawyers to help them through every friggin' regulatory hurdle or spend weeks out of the year trying to decipher from the law books what the hell is required of them.
This is the same argument that has been trotted out for years to advocate for central planning of the economy. And it never works.
The fact is that nobody can predict where productivity gains will be made in the future or what new markets will open up.
Anybody here predict Google 10 years ago?
What is needed to create jobs is better access to investment money for innovation and start-up businesses. The Google's, Apples, and RIM's of our future.
Right now companies go through three stages, start-up, growth, and commoditization. It is the first two stages that provide good American jobs and the last stage that exports jobs overseas. To keep the American dream going, we need access to investment to create the first two stages. Right now that isn't happening.
Tuitions are rising faster than inflation because of federally guaranteed student loans that are available. Not because property taxes are too low.
Go visit any UC campus in California. The places are swimming in money. Look at the faculty clubs. The new construction projects. The salaries. The benefits. The amenities. The licensing revenue from I.P. You shouldn't buy their poor story. It is B.S.
High tuitions are a problem that has nothing to do with schools not having a enough money. They have tons of cash. Massive endowments, huge revenue from IP licenses.
They charge what they do for the simple reasons that they can get it from students who have access to federally guaranteed loans.
What needs to happen is for the government to clamp down on tuitions that schools charge. Schools need to stop spending money like drunken sailors, treating their professors like royalty, and building Taj Mahal like dorms. It is out of control.
You should see the new dorms at U.C. Santa Barbara. It is obscene.