Obama good for the economy ?

Obama is a job and gdp destroyer.
Raising taxes destoys gdp... his own adviser Romer did a big study on it.

My wife is hearing that paychecks are going down substantially because of healthcare costs.
 
spoke with a client this morning.

his pay check is down 1000 a month.
He makes good money.

spoke with another guy... executive at a big employer...
costs are up big with obamacare...

this is not going to be good for the economy.
 
Quote from jem:

spoke with a client this morning.

his pay check is down 1000 a month.
He makes good money.

spoke with another guy... executive at a big employer...
costs are up big with obamacare...

this is not going to be good for the economy.
More...
maybe so

but it wasn't that good for the economy when they were making a lot of money either
 
if the market goes up more than inflation then everything is fine in the short term. i am also stating that hyperinflation is not acceptable under any condition.
my personal view is that no inflation should be tolerated.
 
rich people make money by taking it from poor people

that's what makes a vibrant economy

when poor people have no more money to take

rich people don't have anything to do

and the economy stagnates
 
Quote from oldtime:

rich people make money by taking it from poor people

that's what makes a vibrant economy

when poor people have no more money to take

rich people don't have anything to do

and the economy stagnates
More...

is that what happened in the USSR?
 
Quote from jem:

spoke with a client this morning.

his pay check is down 1000 a month.
He makes good money.

spoke with another guy... executive at a big employer...
costs are up big with obamacare...

this is not going to be good for the economy.
More...

Maybe if enough peoples' check is smaller, they will finally wake up and question their support of Odumbo... not that their changing their little minds will do us any good NOW...


:mad:
 
Quote from zdreg:

is that what happened in the USSR?
More...
no, they forgot about the part of the rich taking it from the poor

give me some poor suckers with some money from the government

and I can make a business

and just like monopoly, about every forty years, we cash in and start a new game
 
Quote from oldtime:

no, they forgot about the part of the rich taking it from the poor

give me some poor suckers with some money from the government

and I can make a business

and just like monopoly, about every forty years, we cash in and start a new game
More...

that is one model...
the other model is the one we had, we had a very fluid class structure in america. it is what made us great and wealthy.
where the poor could become the rich.

its very hard to do that with oppressive taxes.
taxes prevent the accumulation of captial.
its why walls street and buffett types prefer crony captalism... it keeps out the competitors.
 
Quote from jem:

that is one model...
the other model is the one we had, we had a very fluid class structure in america. it is what made us great and wealthy.
where the poor could become the rich.

its very hard to do that with oppressive taxes.
taxes prevent the accumulation of captial.
its why walls street and buffett types prefer crony captalism... it keeps out the competitors.
More...
and how's that working out for you?
 
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