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Forward to even lower wage income as a percentage of GDP? Americans must be insane to re-elect Obama/Joker.
1 posted on 10/13/2012 9:40:35 AM PDT by whitedog57
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To: whitedog57

He’s created, or bolstered a whole new class of ‘citizens’ that produce nothing, consume everything discretionary and exist soley to re-elect his ilk.

There is no value added by this class - they exist, and they cost - A LOT!


2 posted on 10/13/2012 9:52:09 AM PDT by Gaffer
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To: gieriscm
ping
6 posted on 10/13/2012 10:20:58 AM PDT by BCR #226 (02/07 SOT www.extremefirepower.com...The BS stops when the hammer drops.)
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To: whitedog57
According to University of Michigan, consumer confidence has risen to Bush-era levels of September 2007.

Consumer confidence polls [even if they're accurate] are meaningless. Consumers don't hire labor and consumers don't spend capital to expand. Entrepreneurs do that.

And the entrepreneurs are sitting on their capital now. Consumers can spend till the cows come home and it won't grow the economy by a single dollar. Now, if Obama loses, the entrepreneurs may well change their minds about expansion, but, still, it will not be the doing of consumers.

8 posted on 10/13/2012 3:27:15 PM PDT by BfloGuy (Teach a man to fish and you lose a Democratic voter.)
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