President Obama's $447 billion jobs act is a desperate attempt to salvage his failed presidency

Sept. 28, 2011 - PRLog -- Albanian Minerals President and CEO Sahit Muja said "President Obama's $447 billion jobs act is a desperate attempt to salvage his failed presidency"

Albanian Minerals President and CEO Sahit Muja said "The $447 billion American jobs act buys union votes for President Obama"

President Obama's "Jobs Bill" will add a half-trillion dollars in new debt for American taxpayers, will reduce our Gross Domestic Product output and push our unemployment rate higher.

Mr Muja said "Truth about this false "Jobs Bill" of President Obama is half or more of this taxpayer money will be used to protect public union worker jobs and labor union worker jobs which does not create new jobs rather buys union votes for President Obama".

President Obama is spending a half-trillion dollars of our hard earned money in a desperate attempt to salvage his failed presidency.

In essence, we Americans are funding Obama's presidential campaign fund with a half-trillion dollars taken from American families through an additional tax burden.

Those alleged economists surveyed in Bloomberg poll are blithering idiots and Obama is significantly less intelligent than those economists.

It is time for President Obama to stop his class warfare rhetoric. The people he is talking about taxing did not get some windfall for no reason.

Most of these people worked hard, got educated, had great and innovative ideas, took risks, and invested capital.

At The same time they created jobs and economic growth. They believed in The American Dream and made it happen.

Albanian Minerals President and CEO Sahit Muja said "President Obama's "tax the rich" rhetoric is a slap in The face to anyone who is a real American and believes in the American Dream.

Obama's plan is a class warfare. This plan raises taxes on the very people who create jobs and provide investment capital".

Not only that, these are people who achieved The American Dream.This is not a plan to create jobs and grow the economy, this is a campaign stunt to try to get reelected after a failed first term.

This plan will send more investment and jobs out of The country. The only thing this plan will accomplish is extending The government's intrusion into the economy .

President Obama must realize most of his policies are temporary in nature. They will not fix the economy. What is need is a permanent FOUNDATION FOR ECONOMIC GROWTH.

If President Obama wants to keep The wages of his union buddies artificially high, President Obama must come up with other ways to lower The cost of production in The United States.

If it costs more to produce a product in The US, companies will expand and add jobs outside The country. It is that simple.

If President Obama does not want to deal with The labor cost issue, The only other tools he can use to lower The cost of production are LOWER TAXES and LESS INTRUSIVE REGULATION.

The government must stop the spending that only has a temporary effect, cut taxes, reduce the unsustainable public debt, and eliminate the oppressive regulation.

Albanian Minerals President and CEO Sahit Muja said "The culture we are breeding in The US which encourages people to depend on The system to survive. The 46 million on food stamps and the millions who do not pay income taxes is more than we can afford".

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Albanian Minerals is Metal Mining and trading Company one of fastest growing mineral company in Europe