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Old 09-23-2008, 09:27 PM
 
3,297 posts, read 5,628,289 times
Reputation: 805

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Newsmax.com Time to Slam Obama's Tax Plan (http://www.newsmax.com/morris/obama_tax_plan/2008/09/23/133511.html - broken link)

Time to Slam Obama's Tax Plan

Tuesday, September 23, 2008 10:40 AM

By: Dick Morris & Eileen McGann

Whatever is left of the economy after the current round of crisis interventions by the Fed could go down the drain if Obama is elected and carries out his plans for sharp increases in taxation.

Even if Obama does not understand the linkage, most Americans do and will turn sharply against Obama's tax plans if McCain hammers away at the risk they pose for us all.

Read the rest of the article at: Newsmax.com Time to Slam Obama's Tax Plan (http://www.newsmax.com/morris/obama_tax_plan/2008/09/23/133511.html - broken link)
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Old 09-23-2008, 09:50 PM
 
3,297 posts, read 5,628,289 times
Reputation: 805
Quote:
Originally Posted by ProudCapMarine View Post
Newsmax.com Time to Slam Obama's Tax Plan (http://www.newsmax.com/morris/obama_tax_plan/2008/09/23/133511.html - broken link)

Time to Slam Obama's Tax Plan

Tuesday, September 23, 2008 10:40 AM

By: Dick Morris & Eileen McGann

Whatever is left of the economy after the current round of crisis interventions by the Fed could go down the drain if Obama is elected and carries out his plans for sharp increases in taxation.

Even if Obama does not understand the linkage, most Americans do and will turn sharply against Obama's tax plans if McCain hammers away at the risk they pose for us all.

Read the rest of the article at: Newsmax.com Time to Slam Obama's Tax Plan (http://www.newsmax.com/morris/obama_tax_plan/2008/09/23/133511.html - broken link)
The below piece is also from the same article.

During the Great Depression, Congress raised taxes sharply in the Revenue Act of 1932. The top rate went from 25 percent to 63 percent. As a result, the real GDP dropped by 13.3 percent, and unemployment rose from 15.9 percent to 23.6 percent.
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Old 09-24-2008, 03:33 AM
 
25,909 posts, read 39,210,953 times
Reputation: 13904
Everything I heard so far shows that Obama is very bad for the economy! It shows by who his economy advisors are....they are only good to make them self way more rich...90 million in 6 years for them self,....wow...the rest of the company went down the drain!!!
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Old 09-24-2008, 03:35 AM
 
Location: Hell with the lid off, baby!
2,193 posts, read 5,239,629 times
Reputation: 379
Quote:
Originally Posted by bentlebee View Post
Everything I heard so far shows that Obama is very bad for the economy! It shows by who his economy advisors are....they are only good to make them self way more rich...90 million in 6 years for them self,....wow...the rest of the company went down the drain!!!
But....but....but, nevermind, I'll think about it and get back to ya next week
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Old 09-24-2008, 12:54 PM
 
3,297 posts, read 5,628,289 times
Reputation: 805
Default "Everything I heard so far shows that Obama is very bad for the economy!"

"Everything I heard so far shows that Obama is very bad for the economy!"

He will destroy what is left. Let's add a national health care system to our debt. Along with giving the United Nations hundreds of billions of dollars.
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Old 09-24-2008, 12:56 PM
 
2,857 posts, read 5,994,100 times
Reputation: 1716
Does anyone see a contradiction here? We can't afford national health care, but we must continue to spend billions and billions of dollars fighting a thankless war in Iraq. Talk about a drain on the economy!
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Old 09-24-2008, 01:01 PM
 
Location: New York City
1,836 posts, read 2,889,461 times
Reputation: 378
Quote:
Originally Posted by ProudCapMarine View Post
Newsmax.com Time to Slam Obama's Tax Plan (http://www.newsmax.com/morris/obama_tax_plan/2008/09/23/133511.html - broken link)

Time to Slam Obama's Tax Plan

Tuesday, September 23, 2008 10:40 AM

By: Dick Morris & Eileen McGann

Whatever is left of the economy after the current round of crisis interventions by the Fed could go down the drain if Obama is elected and carries out his plans for sharp increases in taxation.

Even if Obama does not understand the linkage, most Americans do and will turn sharply against Obama's tax plans if McCain hammers away at the risk they pose for us all.

Read the rest of the article at: Newsmax.com Time to Slam Obama's Tax Plan (http://www.newsmax.com/morris/obama_tax_plan/2008/09/23/133511.html - broken link)
Obama has already stated that due to this unprecendented bailout- he will have to scale-in some of his wish list once the GOP disaster has settled.

It's funny you people talk about how Obama will destroy the economy but elude to the fact that McCain HAS ALREADY HAD A HAND IT PUTTING US WHERE WE ARE TODAY.
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