Posted on 12/08/2010 11:37:17 AM PST by Libloather
The unemployed, unlike the rich whom this president has just bowed to, are, in fact, the job creators. They do not have investment portfolios to expand. They do not have vast savings into which to stuff the government checks. They have to spend the money. And the Council reported last week that when someone becomes a 99er, his or her household loses at least one third of its income.
And where the 99er was the sole breadwinner, that‘s four households out of ten, they lose nine tenths of their income.
The economy is surprisingly simple. If business and the rich won‘t spend, and the middle class can‘t spend, the only factor left to keep pushing money into the insatiable maw of capitalism is the government.
So, should the government give the money to the rich who keep it, or to the not rich, who spend it? Apparently this President does not know the answer to that question, even though he has his own Council of Economic Advisers.
Mr. President, for these meager crumbs, you have given up costly, insulting, divisive, destructive tax cuts for the rich, and you have given in to Republican blackmail, which will be followed by more Republican blackmail. Of course, it‘s not just tax cuts for the rich that you‘ve given up.
(Excerpt) Read more at msnbc.msn.com ...
They're crumbling - and it's wonderful to witness.
LMAO, Olberloser must be high. So investment and entrepreneurship don’t create jobs? Further evidence of my long held maxim that liberals are liberals because they don’t understand an ounce about economics.
Oops, wait, they don't. And the corruption in those countries repels foreign capital - you know, the rich people that Olberman says don't create jobs.
I’ve helped make rich people richer. I guess that’s why they hire me.
“The unemployed, unlike the rich, are, in fact, the job creators.”
___________________________________________________________
lolwut?
Liberals are truly the dumbest people in the world.
Oberdoof should check with his unemployed boss on that one.
How does he find his way to work everyday?
If they were so good at ‘creating jobs’, it seems to me they would not be unemployed...
Did he spit like Matthews during this rant ?
Cover the camera with a tarp.
I’m starting to think all this manufactured outrage from the left is a fake. Olbie’s rant was so fact-free and transparent (even for him) it just sounded like a lie. His blather about the 99ers was especially fake. They got another 13 months(!) to lay around without getting a job, so why’s he upset? I think the leftie talkers are just playing to their fringe audience but aren’t really mad at Obama.
An unemployed person that gets a job moves two numbers, so that’s kinda true.
If you have more and more people spending money the government is creating out of thin air, while fewer goods and services are being produced, it's not a sustainable model. Inflation and higher prices are inevitable.
Jesus, this guy is retarded. How delusional can one be? Liberals just refuse to understand or accept how the top 1% earners in America create over 50% of the jobs. When you excessively tax them...pass unnecessary business regulations...you essentially stifle meaningful job creation in the US. Why can’t liberals get over the fact that some are wealthy and simply have a right to the assets they have accrued? Isn’t that what America is predicated upon? After all, if we are all afforded equal protection by the Constitution, what gives the government the right to tax one man or business more than another?
Keithy baby still hasn’t recovered from the Republican win of the House. His rantings are becoming loonier by the minute. Pretty soon, it will be time for the net.
“Liberals are truly the dumbest people in the world.”
#####
Indeed.
Which begs the question:
How have they pretty much had their way in our society for the past 50 years?
LOL!
Is he back at work already?
Poor guy.
His subway head inquiry was so sever he still cant drive a car.
I hope he regains full brain functions soon.
Actually, they usually arrive at logical conclusions but start from a false basic assumption.
In this case, however, I have no way of following their “logic” back to the lie that they believed in order to arrive where they did...
There are limits to my ability to “think lib”.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.