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Old 09-09-2012, 08:21 PM
 
Location: San Antonio Texas
11,435 posts, read 16,403,057 times
Reputation: 5224

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My best friend is worried that he may not have a job by year's end because of the upcoming Sequestration unless the Congress gets its act together. The company that he works for relies on government US Navy contracts and business was already slow even before the talk of sequestration. I think that someone like him would be better off with Obama because the Dems are more likely to raise taxes to keep things going along rather than the Grover Norquist pledged Repubs who would refuse. The taxes would not have to be raised for the higher brackets and not necessarily across the board, but maybe so on ALL taxpayers once the economy improves. Other Repub presidents like Reagan, Bush 1 were not afraid to raise taxes when needed. They did what they thought was for the good of the country despite the consequences. George W was the opposite and has made it extremely difficult for any succeeding president to now even utter the words of a tax increase. Nobody likes tax increases, but if the Congress is unwilling to tackle the massive entitlements of social Security and medicare and medicaid, it seems that they must do something to maintain the status quo, if even temporarily.
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