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I went to get my car inspected at the end of last month. While I was waiting the car salesman came in the office and recognized me. Of course he got around to asking me if I was ready to buy a car to which I replied no, at least not until the election was over. He asked why is that? to which I replied if Obama gets re-elected I will push my car until it will not go anymore.
Which would be being fiscally responsible.
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There are other things I am holding off on too. Is there anyone else holding off on expensive purchases?
Except for battleships, no. Consumers have been spending on necessities and luxuries for a while now.
LOL, I don't base my purchases on who is president. I bought a house when Bush was president. We will probably buy another within the next 2-3 years and I won't care who wins, I will buy it anyway.
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Originally Posted by Smoke_Jaguar4
I just bought a new Honda, made in Ohio. My wife wants a 2nd refrigerator for the basement we finished over the summer to go next to the new washer and dryer.
You know what's going to get the economy going? People spending, creating demand, creating jobs, creating business opportunities, creating wealth. Whoever wins the election will have a negligible effect on the economy. Thank God all the real decisions are in the hands of the Federal Reserve, not elected politicians. You know what WON'T get the economy going? Whiny crybabies who believe the President has a magic wand and make everything all better.
So you can keep pushing your beater while wallowing in bitterness, the rest of us will improve our lives no matter who's in the Whitehouse.
I also agree with the bold. People spending their money improves the economy, not the president. Remember when Bush gave us those "stimulus checks?" That was so people would go out and use them to buy stuff. I did and was happy to get the money but it is just a short term solution. People have to continue to buy things to keep the economy moving.
I try to only buy big ticket items that are made here in America in order to have a positive effect on my country.
In regards to cars, I also drive cars into the ground. I live in a state that taxes cars every year - the ad valorem tax - which I hate. Due to that I will never buy a new car while a resident in this state (GA) because I know people who bought new cars and had to pay $1200 to register said car for a tag. I don't like to pay more than $60. We also have emission testing in my area. My cars have always passed with no problems so I don't think I need a new one just to pass and I won't go out and buy a new one just so I won't have to take the test when it only cost $15 and the tag fee for my new car would be $500 or more. I'd rather pay the $15 - emission test fee, plus $60 tage fee, which is much less than $500.
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Originally Posted by Smoke_Jaguar4
You know what's going to get the economy going? People spending, creating demand, creating jobs, creating business opportunities, creating wealth.
I agree with this too but putting more thought into it... it is law that the Bush tax cuts will expire for everyone depending on your income level you will have to pay more in taxes. Higher taxes also means less money circulating through local economies and instead depends on government to redistribute it to how they think is best.
This summer the house voted to extend them for everyone including higher income but nothing happened in senate and Obama said he would veto the extension if it gets to him and it includes the extension for higher income levels. At this time this issue is pushed past elections.
My question is since as it stands today, we all get taxed higher what makes anyone think that it would not be veto'ed and we all pay higher taxes.
Just asking an honest question and I would like to hear from democrats on this board.
I went to get my car inspected at the end of last month. While I was waiting the car salesman came in the office and recognized me. Of course he got around to asking me if I was ready to buy a car to which I replied no, at least not until the election was over. He asked why is that? to which I replied if Obama gets re-elected I will push my car until it will not go anymore.
There are other things I am holding off on too. Is there anyone else holding off on expensive purchases?
Yes. Also trying to get all ailments fixed before Obamacare kicks in fully and they decide I'm only worth a pain pill.
I agree with this too but putting more thought into it... it is law that the Bush tax cuts will expire for everyone depending on your income level you will have to pay more in taxes.
This summer the house voted to extend them for everyone including higher income but nothing happened in senate and Obama said he would veto the extension if it gets to him and it includes the extension for higher income levels. At this time this issue is pushed past elections.
My question is since as it stands today, we all get taxed higher what makes anyone think that it would not be veto'ed and we all pay higher taxes.
Just asking an honest question and I would like to hear from democrats on this board.
My taxes went down after Obama got elected. Remember that nearly half of the stimulus was tax cuts.
That tax cut was helpful. I was keeping more money, and therefore spending a little more, which helped the economy. I also paid off some debt.
But if the Federal debt is truly the biggest threat to this country, I'll proudly pay more in taxes.
By the way, the tax increase being proposed is what we had during the 90's, hardly a bad era economically for the U.S.
Since then we've gone to multiple wars, one unnecessary and voluntary, while intentionally reducing revenues.
That was dumb.
And irresponsible.
And unpatriotic.
It's time to pay for those past mistakes. And we all have to chip in.
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