The Barak Obama Plan – Part III

This is Part III of the Barak Obama plan. I’m not covering his whole plan for America, just the parts I have problems with philosophically.


Issue #7

Invest In A Clean Energy Economy And Create 5 Million New Green Jobs: Obama and Biden will invest $150 billion over 10 years to advance the next generation of biofuels and fuel infrastructure, accelerate the commercialization of plug-in hybrids, promote development of commercial scale renewable energy, invest in low emissions coal plants, and begin transition to a new digital electricity grid. The plan will also invest in America’s highly-skilled manufacturing workforce and manufacturing centers to ensure that American workers have the skills and tools they need to pioneer the first wave of green technologies that will be in high demand throughout the world.

Problem

Green jobs? What constitutes a green job? I’m very dubious of this distinction. I’m all for creating new opportunities to offset our need for oil, but folks, we need to drill for more oil – bottom line. All this other stuff is great, but this idea of “Going Green” is ridiculous. The world lives on oil, nothing else is comparable. If we get some type of technology, like Natural Gas, that can replace this, great, but it’s not there in the foreseeable future. How about building more Nuclear Power Plants? Let’s use all the vast amounts of Natural Gas available in the US? Clean Coal? – great – use it all. “Going Green” is a smokescreen.

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Issue #8

Raise the Minimum Wage: Barack Obama and Joe Biden will raise the minimum wage, index it to inflation and increase the Earned Income Tax Credit to make sure that full-time workers earn a living wage that allows them to raise their families and pay for basic needs.

Problem

This will reduce the amount of jobs. A minimum wage is such a bad idea for America. The market will always decide what is a good wage for the particular job. Jobs that take no skill should pay a lower wage, those will higher skill should bring a higher wage. Artificially raising the wage will actually reduce jobs and opportunity for small businesses.
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Issue #9

Encourage States to Adopt Paid Leave: As president, Obama will initiate a strategy to encourage all 50 states to adopt paid-leave systems. Obama and Biden will provide a $1.5 billion fund to assist states with start-up costs and to help states offset the costs for employees and employers.

Problem

Shouldn’t this be up to the employer? This is called welfare in my book where the business cannot rely on that person if they need to take a leave – for whatever reason. If an employer wants to offer this as a benefit, so be it, but don’t make it compulsory. When my wife and I had children, I took days as a part of the FMLA (Family Medial Leave Act). As part of this act, I first take any sick days in my bank and then vacation days. This is not a free ride, but a part of the benefits my employer offers me. I don’t know how all employers handle this, but the FED should not be involved in this type of behavior. Where to the madness end?
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Of course, that’s just my opinion

Rob’s Rant

Source: http://www.barackobama.com/issues/economy/index.php

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