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One MUST wonder........why don't any of the Liberals/Democrats in their thread debate ANYTHING related to the Ernst & Young Report in the original post?
Actually no we don't. We now have a rise in unemployment. New claims for unemployment benefits jumped to 386000 last week, with the Labor ... Jobless Claims Rise More Than Expected. So much for getting the rate below 8% and of course so much for Obamas promising 5.4% unemployment rate.
People who still have jobs are not out of the woods yet. There is reason for businesses to fire more and there is a report that companies who are hiring, these companies are hiring temporary workers.
Yea! tax the sh** out of business owners is the mantra of the day. And instead of paying you, they will just use your paycheck to pay the government. Those who are lucky and get to keep your job. Enjoy your increase in taxes!
You, a right-winger, complaining about unemployment under Obama, with major job losses in the public sector ? As of April 2012 more than 600,000 government workers have lost their jobs since Obama took office - just what you want!
Republicans ignore that government job losses are contributing to unemployment figures, while promising to shrink government employment even more.
The public sector has shed more jobs under Obama than any three-year period on record. The private sector, meanwhile, has seen 27 consecutive months of job growth and recovered all of the jobs it lost in the first months of Obama’s term.
If public sector jobs grew at the rate under GWB, unemployment would be well below 8%.
You, a right-winger, complaining about unemployment under Obama, with major job losses in the public sector ? As of April 2012 more than 600,000 government workers have lost their jobs since Obama took office - just what you want!
Republicans ignore that government job losses are contributing to unemployment figures, while promising to shrink government employment even more.
The public sector has shed more jobs under Obama than any three-year period on record. The private sector, meanwhile, has seen 27 consecutive months of job growth and recovered all of the jobs it lost in the first months of Obama’s term.
If public sector jobs grew at the rate under GWB, unemployment would be well below 8%.
That's off-topic actually......why don't you comment on the Ernst & Young Report which IS the topic?
Ernst & Young: Obama tax hike will shrink economy, cost 700,000 jobs
A slew of tax hikes supported by President Obama will shrink the U.S. economy by 1.3 percent and cause 710,000 job losses, according to a new Ernst & Young report prepared on behalf of the Independent Community Bankers of America, the National Federation of Independent Business, the S Corporation Association, and the United States Chamber of Commerce and presented to the US House of Representative Ways and Means Committee.
This report examines four sets of provisions that will increase the top tax rates: [list][*]The increase in the top two tax rates from 33% to 36% and 35% to 39.6%.
Gee, where have I heard before that tax-hikes will cause economic disaster? Oh, I remember, that's what the GOP said to Clinton and not only did it not destroy the economy but we had the biggest boom ever. The Washington Monthly
That's off-topic actually......why don't you comment on the Ernst & Young Report which IS the topic?
That "report" is disingenuous. It starts out with "a slew of tax hikes supported by Obama..." and bases the entire article around that. Typical self-serving non-specific bluster.
The rest is fear and greed-based "projections" supported by none other than the deceptively-labelled U.S. Chamber of Commerce, a private lobbying group and an outlet for right-wing corporate propaganda.
You think people can't recognize a propaganda piece when they see it?
What is this "slew of tax hikes" the article alludes to - the tax breaks designed by Republicans to expire in 2007?
Furthermore, I was responding to a statement in your post seeming to criticize Obama's record on unemployment.
That "report" is disingenuous. It starts out with "a slew of tax hikes supported by Obama..." and bases the entire article around that. Typical self-serving non-specific bluster.
The rest is fear and greed-based "projections" supported by none other than the deceptively-labelled U.S. Chamber of Commerce, a private lobbying group and an outlet for right-wing corporate propaganda.
You think people can't recognize a propaganda piece when they see it?
What is this "slew of tax hikes" the article alludes to - the tax breaks designed by Republicans to expire in 2007?
Furthermore, I was responding to a statement in your post seeming to criticize Obama's record on unemployment.
Can't rep you any more but you deserve credit for a brilliant observation.
The U.S. Chamber of Commerce is a right-wing organization that always supports GOP views.
This fear mongering about taxes is exactly what the Republicans said in 1993:
7/28/93: “This plan will not work. If it was to work, then I’d have to become a Democrat.” (N.B.: Kasich remains a Republican, despite the economic boom and surpluses of the Clinton years.)
Rep. Jim Ramstad (R-Minn.), 3/17/93: “[This] will stifle economic growth, destroy jobs, reduce revenues and increase the deficit.”
Rep. Cliff Stearns (R-Fla.), 3/17/93: “It will be the kind of impact that this country can’t absorb. It will slow economic growth, contribute to the massive federal deficit.”
Rep. Christopher Cox (R-Calif.), 5/27/93: “This is really the Dr. Kevorkian plan for our economy.”
Rep. Dick Armey (R-Texas), 8/2/93: “The impact on job creation is going to be devastating, and the American young people in particular will suffer a fairly substantial deferment of their lives because there simply won’t be jobs for the next two to three years to go around to our young graduates across the country.”
Rep. Joel Hefley (R-Colo.), 8/4/93: “[This] will raise your taxes, increase the deficit and kill over 1 million jobs.”
Rep. Newt Gingrich (R-Ga.), 8/5/93: “I believe this will lead to a recession next year. This is the Democrat machine’s recession, and each one of them will be held personally accountable.”
Rep. Armey, 8/5/93: “The economy will sputter along. Dreams will be put off and all this for the hollow promise of deficit reduction and magical theories of lower interest rates. Like so many of the president’s past promises, deficit reduction will be another cruel hoax.”
Rep. Jim Bunning (R-Ky.), 8/5/93: “It will not cut the deficit. It will not create jobs. And it will not cut spending.”
Rep. Robert Dornan (R-Calif.), 8/5/93: “The problem with our economy is that there is too little employment and too little growth. This plan will do nothing to improve that condition and will actually make it worse.”
Rep. Thomas Ewing (R-Ill.), 8/5/93: “This bill is a disaster waiting to happen.”
Rep. Phil Crane (R-Ill.), 3/18/93: “[This bill is] a recipe for economic and fiscal disaster.”
Then, what happened? A prosperous economy and years of surpluses.
Then how have we've gone from losing 700,000 jobs per month at the start of Obama's term to now we have gains each month?
Because its an economic business cycle, and if you dont know about them, dont dare try to lecture us that do, on who shouldnt be running around talking about the economy.
That's off-topic actually......why don't you comment on the Ernst & Young Report which IS the topic?
Because the Ernst & Young report was not in the topic, only a biased view from the right-wing Washington Examiner telling us what they said Ernst and Young said.
Link the actual report and I'd be delighted to comment on it.
Then, what happened? A prosperous economy and years of surpluses.
Liberal ignorance at its finest. We didnt get a prosperous economy until after Clint cut the capital gains tax rate from 28% to 20%, and then lowered taxes on 90% of small businesses..
And the surplus, is a lie, and has been disputed so many times here, that I cant believe you continue to post that crap..
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