Le Jacquelope
Loves Spam
- Joined
- Apr 9, 2003
- Posts
- 76,445
This is total bullshit.Whether you agree or disagree with whether Obama is a Marxist, it appears rather indipsutable that Obama is not a capitalist. In consideration of our tax laws, I admit that redistribution of wealth is not a foreign concept, but Obama's actions and words have shown his unquenchable thirst for taking from the haves to provide for the have nots. And this thirst is not limited to the provision of constitutionally mandated government functions but instead to MASSIVE wealth redistribution so that we will all be equals (excepting of course the governing elite). This is what his mother, grandparents, father, mentor (Frank Marshall Davis) etc.. preached to him in his formative years and what he embraced while sitting in the pews listening to the rants of Jeremiah Wright.
Ignore the fucking pundits, especially the Limbaughs and Fox News.
Take it from a REAL business owner and from someone who has actually achieved things in the financial services sector.
Redistributing wealth to the have-nots would help a wide swath of businesses and industries in America.
Let us run down the facts which are not in dispute.
1) The have-nots have stopped spending because they lack the money and the credit to continue spending.
2) This has been a huge factor behind why many businesses from a wide variety of sectors, have been laying off people or, in the case of retail companies, going completely out of business.
3) This has all been going on since BEFORE the end of George W Bush's term. Therefore, President Obama did not cause this.
Those are all historical facts.
Now, for those who are smart, this is the solution:
Put more money into the hands of the have-nots, the working class. Lower their cost of living, and fund big stimulus packages - straight up giveaways for people earning under $250,000 a year (max benefits for those under $100,000, declining to zero benefits at $250K) with higher taxes on those earning over $250K (that would be me, and I was glad to pay for it these past years*).
Another historical fact: the Cash for Clunkers program was a success - just not long enough of one. Obama needs a longer term job creation program. He needs to get more alternative energy infrastructure projects going, and most importantly he needs to look upward. To space.
I would pump big money into NASA and get them started on some big projects, like a moon base and a mission to Mars. That's jobs, folks. Lots of jobs. From entry level tech and manufacturing to high level science and engineering, that's jobs, jobs, jobs. Renewable energy would be a huge help for this kind of endeavor: there's a hell of a lot of energy coming from the Sun and we need scientists and engineers to figure a way to harness it for space transportation. The rich would pay a heavier burden for this in the beginning but guess what? They'll benefit when the job boom hits, and this job boom would be a lasting one.
The rich of today are fucking parasites. They don't create jobs - they send them to fucking China. The working class, the consumers, they're the ones who create jobs - have you not noticed that when they cut back spending, businesses go away? You bolster the working class, you create more consumers and you cause more spending. That causes businesses to flourish.
What good does lowering taxes on the rich do when they're not hiring in America anyway due to cheap labor in China and India? What good does lowering taxes on the rich do when the businesses are closing due to people not spending? Lowering taxes does not cause more hiring - and it certainly does not compensate for consumers being unable to spend money because their credit cards are being cut.
Politicians scoff at these facts at their peril. I've warned you all about this years ago and my predictions are now past history.
Ignore the right wingers - they don't know jack shit.
* I paid some steep taxes these last few years but I still had enough left over that if I posted my bank accounts deposits for this year alone, much less my balances, JackAssJim would fly into such a jealous fit of denial-fueled rage that I could never get him off my jock. EVER. So no, these taxes don't bother me. But they did send customers out for brief spending sprees which kept a few more businesses alive and thus helped me keep more general liability insurance customers.