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I am not being disingenuous; just listening to what business leaders have to say. They are NOT hiring precisely because they FEAR what The-Great-Socialist-in-Chief will spring on them next if re-elected.
I never voted for Bush II in any election. If I could, I would vote for Bill Clinton as next president. He did balance the budget and did compromise with the other side of the aisle. This is something Obama promised, but then he went out and became the MOST DIVISIVE president in my lifetime. I am tired of the teleprompter reading, smirky asides, snide remarks, finger wagging, ... the guy got to where he is by Affirmative Action and does not have the cred to do the job.
I have never been a fan of Romney, but I will take him over Obama any day now. I was listening to a debate the other day between economists backing each of these two and the Obamites kept railing on and on about the UNFAIR distribution of income in America. Well, we all know what the solution is, right? RE-DISTRIBUTION of income, and THAT is SOCIALISM. You want socialism? Please move to North Korea and leave U.S. alone. American entrepreneurs lead the world in innovation and creation and socialism seeks to kill entrepreneurism. As one wag put it: How can someone LOVE jobs, but HATE job-creators??
I find that pretty odd, actually.
Anyone concerned with fiscal responsibility would vote for Obama as Romney's plan is to cut taxes for everyone by 20% ($200 billion less in income taxes) and decrease discretionary spending by 5%, or $64 billion. He's basically -- for anyone that can do, what, 5th grade math? -- said he wants to increase the deficit. That's my primary concern. The deficits are not healthy for the economy. Roll back the Bush tax cuts and get real with the spending. You can't balance the budget and ignore military and entitlement spending. It just can't happen. The deficit is nearly the entirety of discretionary spending, and 2/3 of discretionary spending is the military and defense.
Actually, that's not Romney's plan anymore. His plan is now to keep the taxes at what they are rather than a 20% tax cut for everyone. Oh, no that's not it either. He's going to roll the Bush tax cuts back on the wealthy (hey, ho, it's wealth redistribution. Let's all praise our new Socialist-in-Chief!). Actually...
well, honestly, I can't keep track of how many drastically different tax proposals Romney has made. They have campaign trackers for that, however. Which is partly why we know that Romeny's policies change every time he gets in front of a different audience.
Romney and Obama will say what they feel they have to say to get elected. Everyone who passed -what?, 3rd grade Civics- knows this. Have they cut Civics from Sacramento schools now?
Under Obama we KNOW what we will get: more $Trillion budgets leading to greater debt and lowered credit ratings. This is fact. It has already happened. (Maybe you Californians don't understand finance too well?) Moodys will probably lower the USA credit rating AGAIN, under Obama, if he is re-elected.
Under Romney, we are not quite sure what we will get, but the probability of it being worse than under Obama are pretty low. I'll go with the odds even if the candidate is odd.
Dems love to Fear Monger. They have nothing else to go on since the Obama record is so poor economically. And that great pathetic state of California -near bankrupt- will go Dem again.
Dems love to Fear Monger. They have nothing else to go on since the Obama record is so poor economically. And that great pathetic state of California -near bankrupt- will go Dem again.
I think all the Dem's are hoping for an Obama win so they can watch the coronation on the main stream media.
The Iraq war cost less than a trillion and was a one time expenditure. Since we all agree that the Afghan war was necessary there should be no politcal games played about its cost (I believe the war in Iraq was also justified but thats a different thread).
As a one time expenditure of less than a trillion blaming the "Bush wars" for our 16 trillion dollar debt and our running defecits is ridiculous.
Through all of this ive heard zilch about dodd frank and there part in the collapse of the real estate markets or Obama care. And while we are talking budgets at least Bush had the balls to pass one
The Iraq war cost less than a trillion and was a one time expenditure. Since we all agree that the Afghan war was necessary there should be no politcal games played about its cost (I believe the war in Iraq was also justified but thats a different thread).
As a one time expenditure of less than a trillion blaming the "Bush wars" for our 16 trillion dollar debt and our running defecits is ridiculous.
Through all of this ive heard zilch about dodd frank and there part in the collapse of the real estate markets or Obama care. And while we are talking budgets at least Bush had the balls to pass one
Only a trillion, then! Finding those WMDs was well worth it. Of course there is the long term cost of more than 4000 dead US service men and tens of thousands injured. No small cost there.
Once you add the Iraq war, TARP and Bush tax cuts (no reduction in spending!) together with interest on the added debt and the legacy of two Bush-era recessions then you are talking about some serious deficits! Bush took office with 4 Trillion in federal debt and left 8 years later with over 10 Trillion and the economy in ruins! Keep defending him, you may be one of the few left.
Every year we have a budget signed into law or government would grind to a halt. The reason you do not hear about Dodd-Frank and the collapse of real estate is that Dodd-Frank wasn't signed into law until Mid 2010 - two years after the bubble burst!
So true. The other day I mentioned to a Republican partisan that Reagan had raised taxes EIGHT times. He said it was for a "good reason". I asked him what the taxes he raised were exactly and what was the reason. He said , "I dont know". Apparently, the only thing this fellow needed to know was that Reagan was a Republican. Facts were irrelevant.
The Iraq war cost less than a trillion and was a one time expenditure. Since we all agree that the Afghan war was necessary there should be no politcal games played about its cost (I believe the war in Iraq was also justified but thats a different thread).
As a one time expenditure of less than a trillion blaming the "Bush wars" for our 16 trillion dollar debt and our running defecits is ridiculous.
Through all of this ive heard zilch about dodd frank and there part in the collapse of the real estate markets or Obama care. And while we are talking budgets at least Bush had the balls to pass one
Only a trillion? Never mind the decades of interest that will accrue on that trillion and the thousands of lives lost. Well at least we can cut funding on PBS, that should help pay for it.
No, at some point the US Govt is going to default on some of its obligations. We will be Greece on a much bigger scale.
Not quite. The major difference between the United States and Greece is the United States has and controls it own currency, Greece does not. Greece can't just print more money to cover it's debts, cause it doesn't control the printing of the Euro. United States on the other hand CAN print more money to cover spending and debt obligations. This will of course lead to inflation, and hyper inflation in time.
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