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Jobless claims are tumbling and the GDP is growing faster than expected. We have a year until the election which is a political eternity. Any kind of gradual economic improvement looks good for Obama's re-election. When the economy improves, voters will see that the country is moving in the right direction.
I expect the economy to get substantially better next spring and summer with more opportunity and lowered unemployment. I don't expect it to get any healthier because we will not have fixed the underlying problem of too much debt.
I expect the economy to get substantially better next spring and summer with more opportunity and lowered unemployment. I don't expect it to get any healthier because we will not have fixed the underlying problem of too much debt.
All the GOP has to do is support Obama's plan to raise taxes on millionaires. The majority of Americans support that. That will put a big dent in the debt and help balance the budget. Millionaires need to pay their fair share. GOP spins that by saying it would hurt job growth. Obama isn't planning to raise taxes on businesses only "individuals" who are millionaires. Trickle down economics doesn't work. We saw this in the 80s and its certainly hasn't worked in the 2000s under Bush. The economy was doing well when Bill Clinton raised taxes on the rich.
But I thought you blamed the T-party congress for a slumping economy?
I do, they and the spineless GOP, have been working very hard to prevent it. But, it is slowly overcoming that obstruction. If we can get them completely out of the way in 2012, then the pace will grow rapidly.
All the GOP has to do is support Obama's plan to raise taxes on millionaires.
That's all?
Quote:
Originally Posted by gsoboi78
That will put a big dent in the debt and help balance the budget.
You could take ALL of their money and it wouldn't even make a small dent in the debt. Spending is the problem.
Quote:
Originally Posted by gsoboi78
Millionaires need to pay their fair share. GOP spins that by saying it would hurt job growth. Obama isn't planning to raise taxes on businesses only "individuals" who are millionaires.
Dang, you sound like an Obama teleprompter. You're repeating the crap he says, verbatim. Are you even capable of formulating an original thought?
If you are moving in the right direction there is no need to change course.
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