Obama opposes everything that would help grow this economy. Tax cuts? Tax reform? Deregulation? Entitlement reform? Immigration reform?
He opposes it all. And there can be only one reason for his utter and complete rejection of every idea that would possibly make our economy stronger.
His laser-like focus on increasing our national debt is yet another clue as to what this man is all about.
He is here to destroy us. I just can't believe that some people still don't see.
He’s a smart SOB that is being very successful damaging our nation. Notice I didn’t say destroy. He isn’t that good.
Even as the DOW was bleeding, the maroon was up there preaching about taxing the rich so they pay their fair share
TAX INCREASES
To be obama, or an obama kool aid drinker, you have to believe the US is broke because George Bush didn’t make rich people pay enough tax
Pass tax cuts?
Those are dirty words to Mullah Obama.
Simply put, The Obastard is in way over his head. The presidency is beyond his skill level, by a factor of 10.
Tax cuts alone aren’t going to get us out of this mess. We have a serious *spending* problem. We need to massively reduce — in *real* terms — government spending also.
In fact, I doubt that tax cuts at this point would even stimulate the economy, for the very reason banks and corporations are swimming in cash right now. Who in his right mind is willing to invest in expanding his business in this anti-producer environment? What producer has any idea what the costs of ObamaCare will ultimately be? Most of the implementation of that law is left to the “discretion” of the HHS Sec and regulators, and they haven’t even drafted the regulations yet.
Before we judge Obama too harshly, what was on ESPN at 1pm? There were probably some good NFL trades going on that he was keeping tabs on, or some other valid reason.
He wants the economy to go down. That’s why he said what he said. All part of the plan. Tanking the economy while blaming his enemies for the tanking economy. Accusing others of what you are doing ,and lying you aren’t doing it. Total marxist-alinsky move.
.Warren Harding figured it out in 1920...
Congress and the Executive Branch have lots to do.
So far they’re not doin’ it right..
Its been done before..
Harding cut the government’s budget nearly in half between 1920 and 1922. The rest of Harding’s approach was equally laissez-faire. Tax rates were slashed for all income groups. The national debt was reduced by one-third. The Federal Reserve’s activity, moreover, was hardly noticeable. As one economic historian puts it, “Despite the severity of the contraction, the Fed did not move to use its powers to turn the money supply around and fight the contraction.” 2 By the late summer of 1921, signs of recovery were already visible. The following year, unemployment was back down to 6.7 percent and was only 2.4 percent by 1923.
http://www.firstprinciplesjournal.com/articles.aspx?article=1319&loc=r
BTW..ole Warren ALSO fixed immigration...
Mr. Harding signed into law the Emergency Quota Act[3] which sought to control immigration following World War I and preserve the distinctive American culture by ensuring the majority of immigrants came from the historically compatible cultures of Northern Europe. This law aimed to bring wages of hard working Americans under control by limiting immigration to 3% of the 1910 census. It was followed on by a similar act in 1924, after Mr. Harding’s death.[4]
A Warren Harding prescription...if filled ...would ignite the afterburners on the US job machine and the economy. However DC would have to yield on a tremendous amount of power. Our job as We the People...is to persuade them of the “utlitity” ..shall we say..of doing so.
Any takers that ‘Bammy couldn’t even tell you that Warren Harding was one of his predecessors in office?
“A Quick Theory About That Disastrous Obama Speech”
According to the Author:
“Why the wrong note?
... Obama actually believes that he has to tiptoe around the bond vigilantes.”
I don’t think that’s it.
I’m going with Secret Agent Man’s theory.
This is the real reason..IMHO...he’s working for these guys
No he talked about “long term” solutions to our debt problem. They want to hear about short term solutions...period.
A super comittiee?
That’s his plan?
Doens’t he know at this stage we need a super-duper committee? Or even a BLUE RIBBON panel?
(”Blue ribbon- that’s the best kind~!” - Lenny from The Simpsons)
2 percent immediate salary reduction to everyone collecting a federal salary,
No federal employee unions
elimination of all automatic increases.
Baseline for each future year equals same as prior year until federal salaries are on par with private sector salaries.
2 percent immediate salary reduction to everyone collecting a federal salary, (social security excluded)
make it harder to ‘retire early’ by claiming a disability
No federal employee unions
elimination of all automatic increases.
Baseline for each future year equals same as prior year until federal salaries are on par with private sector salaries.
