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Dec 09 2012

The Cost of Obama’s Economy

Elections have consequences. Unfortunately, the fools who voted to inflict them won’t be the only ones to bear their brunt.

From Obama’s point of view, the layoffs aren’t a bug; they are the main feature. The more people are unemployed, the more people are dependent on government, the more certain Democrats are of reelection. The lessons of FDR’s disastrous regime were learned well.

On a tip from The Only Other Conservative in Seattle.

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  • Ghost of FA Hayek

    Somebody already posted this here, but it bears repeating
    http://cnsnews.com/news/article/73-new-jobs-created-last-5-months-are-government

  • Sickofobama

    This is so depressing.

    We are all so f*cked!

    And the dipwads who are benefiting from the Commie-In-Chief don’t even realize it.

  • Jim
  • Ummah Gummah

    Sickofobama says:
    December 9, 2012 at 5:39 pm
    This is so depressing.

    We are all so f*cked!

    And the dipwads who are benefiting from the Commie-In-Chief don’t even realize it.

    Yep.. and our enemies are laughing at us..

    .

  • Ghost of FA Hayek

    Jim
    I suspect the reason prop 30 has had such an effect in the month of November alone is because it is to be implemented retroactively.
    What you are seeing could quite possibly be the wealthy (meaning everyone with incomes over $250,000) taking the rest of the year off to avoid those higher rates.
    Prop 30
    Imposes a 10.3% tax rate on taxable income over $250,000 but less than $300,000–a percentage increase of 10.6% over current policy of 9.3%. The 10.3% income tax rate is currently only paid by taxpayers with over $1,000,000 in taxable income.
    Taxes on incomes over $1,000,000 jump to 13.3 percent
    Any questions ?

  • Ghost of FA Hayek

    When I said “everyone” I should have included a disclaimer to exclude Gov Brown, assorted highly paid Democrapts on the government payroll, and a few Holly wierdo millionaires willing to part with $30,000 plus to make some twisted Socialist point

  • Ghost of FA Hayek

    http://www.cbp.org/pdfs/2012/120911_Proposition_30_BB.pdf
    These charts from the propagandists themselves show how lopsided this tax is
    http://www.cbp.org/pdfs/2012/120911_Proposition_30_BB.pdf
    (Note page five)
    Hmmmm, $168 dollar increase, or a $21,883 increase

  • TED
  • TED
  • TED
  • TED

    “We Americans got so tired of being thought of as dumbasses by the rest of the world that we went to the polls this November and removed all doubt.”

  • TED

    Treasury Secretary Tim Geithner failed to reach a compromise with GOP legislators on Capitol Hill in budget talks. For four years he’s been in charge of the U.S. credit line. He’s the first Secretary of Treasury ever to have to ask China to stop calling at supper time.

  • Sam Adams

    Here’s what folks need to understand. We are all slaves.

    The poor know that they are slaves, even if they don’t, at this time, have to work for what they receive. The government can change what they receive at a whim. If the government suddenly requires them to pick up trash for 20 hours a week to keep getting all their free stuff, then that is what they will have to do.

    If they try to leave the plantation by finding a job, the government takes away their benefits at such a rate that most people don’t want to even try to go back to work. Since the democrats promise them the most benefits (acting as the most benevolent slave owners) then the poor slaves vote for the democrats.

    Those that work also know that they are slaves. Some have to work for 8 hours each week without compensation; some have to work for 20 hours each week without compensation.

    The poor slaves are told that if the most productive slaves would just work a little bit harder and longer, then the poor slaves lives would be even better.

    And the government advertizes how it is involved in almost every aspect of our lives. The EPA a couple of years ago even sponsored a content to show how the government regulatory process is a good thing.

    We need a party that embraces freedom. We need a party that declares that less government makes us all more free. Less government makes it so you don’t have to settle for the scraps they decide to give you; you don’t have to settle for the kind of condoms they provide, nor do you have to live with whatever type of ObamaPhone they provide.

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