- - Tuesday, August 3, 2010

In these tough and turbulent economic times, we need to look for small things we can be thankful for.

For example, I am thankful President Obama is not a lifeguard, as I believe he would toss concrete blocks to drowning swimmers instead of life preservers.

Why do I believe that? His economic policies are drowning our economy, leaving many Americans unemployed or underemployed, and he knows it.

Mr. Obama can squawk all he wants and blame everyone from President George W. Bush to Tea Partiers to Fox News, but our anemic economy is the result of his willingness to allow Fedzilla to gorge mindlessly on more and more grotesque spending and borrowing and to sign more blubber-infested bills that no one has read or knows how to implement or what the impact will be on the economy.

The evidence is glaring. The business community does not trust Mr. Obama. It doesn’t trust his socialist economy-killing policies, his Wall Street reform sham that no one understands, his takeover of the health care system. Businessmen are very uneasy about his cap-and-tax proposal, green-energy scam and his plans to kill the Bush tax cuts early next year.

Business owners, entrepreneurs and investors know these wrongheaded economic polices are drowning the economy. So they are pulling in their financial horns and holding as much as $3 trillion on the sidelines instead of using that cash to invest in American businesses and innovation. Who can blame them?

And yet the president has the unmitigated gall to state that he believes it is the private sector that has always been America’s source of job creation. Actions always speak louder than words, and this administration’s actions are blatantly anti-business and therefore anti-American. Phenomenal.

Talk to any business owner. To the person, from small-business owners to chief executives of medium-sized and large businesses, not a single one of them has told me that Mr. Obama or the Democrats in the District of Clowns have been good for business. None of them trusts him. In fact, some have gone so far as to tell me they think Mr. Obama despises the private sector and actually wants to kill it.

You cannot fault business owners for not trusting Fedzilla when Federal Reserve Chairman Ben S. Bernanke recently stated that the future of the economy is “unusually uncertain.” On the other hand, representatives of the Obama administration such as Treasury secretary and, hopefully, reformed tax cheat Timothy F. Geithner, have stated that the economy is beginning to grow. Mixed messages such as these create maximum uncertainty in the private sector. Wrong approach. Yet another rookie mistake.

Isn’t there a community that needs organizing somewhere out there where the president’s custom skills could be put to better use?

It is patently stupid to raise taxes on the job creators during a sluggish economy, or at any time, really. These are the very people who need a tax cut if you are truly interested in getting the economy going again and putting people back to work. Of course, if you want to drown the economy and create more unemployment and more dependency on Fedzilla, all you need to do is punish the job creators by raising taxes on them and advocating more outrageous job-killing legislation. I give you the Democratic Party.

It is a fundamental economic principle that if you want less of something, tax it. Only an uneducated idiot with no practical private-sector experience or an avowed Marxist does not understand this. So which is it?

You want a good-paying job? If so, do not put your trust and faith in the resident Fedzillacrats in the District of Clowns. Their modus operandi is to create dependency and put America’s economic future on very thin ice. Fedzilla is a job- and economy-killing enterprise. Besides socialists and dependent bloodsuckers, who could possibly fail to grasp this?

Could common sense really be all that uncommon among the American people? I think not. The American people know intrinsically that tax cuts lead to prosperity, as proved by the economic growth during the 1960s, thanks to President Kennedy, and during the 1980s, thanks to President Reagan, leading to 25 years of prosperity. As I recall, even President Clinton got bitten by the tax-cut bug.

Americans also know that simpler is always better. Instead of the world’s thickest, most convoluted and confusing book ever devised by man (the U.S. tax code), Americans know that a flat tax and much less government spending is the way to go. More Fedzilla regulation, central-planning boondogglers and more agencies and armies of bureaucrats strangle the free market and inhibit economic growth.

The only people whom common sense seems to evade are the Fedzillacrats inside the District of Clowns’ Beltway, who genuflect at the altar of a 2,000-plus-page health care bill, a Wall Street reform bill and a confusing and mountainous tax code that even the IRS does not understand. They are drunk on stupid.

Fedzilla is broken on almost all levels. Big government does not work. It is not accountable, responsible or dependable. And the polls indicate the overwhelming majority of Americans now embrace this most basic and universal truth.

If ever there was a time when hardworking, logical Americans needed to reach deep inside for that most important American trait of defiance, it is now. It is time to raise hell. Let productive Americans take back control and take back our country. That’s how we can get America working again.

Ted Nugent is an unstoppable American rock ‘n’ roll, sporting and political activist icon. He is author of “Ted, White & Blue: The Nugent Manifesto” and “God, Guns and Rock ‘N’ Roll” (Regnery Publishing).

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