Obamanomics - Really?
Some people wonder what is so bad about the folks currently running our country.
Let me give you my two cents on the subject.
This little game of creating a bill that only the House will pass, or only the Senate will pass, is childish. Our government officials act like they are two years old most of the time.
I have said this before, and I'll say it again. Create bills that are small and do not have a bunch of extra special interest crap in them. One bill, one problem to solve. Get things done and stop trying to make a political statement.
Obamacare is crap legislation, but it does have some good parts to it, and we all agree that things must be done to help improve our healthcare system.
Trash Obamacare, then work on improving the healthcare system a piece at a time, with individual legislation that is void of special interest crap. (Do you see a pattern here?)
My next point. Stop spending money!
We give billions of dollars to other countries constantly. Stop it!
Tell these other free-loaders they're going to have to survive without our money until we get our own house back in order. I suggest they do the same.
Then, only when we have got our act together, and have paid down our debt, and are moving things in the right direction, can other countries reapply to see if we can help them.
They had better have a great reason to ask though, because it's about time they started fending for themselves!
The current administrations plan is to tax the holy bat crap out of people, then give the money to other people. This is a broken thought process. As Mr. Spock would say, That's illogical.
For example I present to you the situation where unions demand higher wages and more freebies from a company for their members. They do this relentlessly and constantly.
Sure their members love all of the cool benefits and higher pay, until the whole thing comes crashing down because they have driven the company out of business.
Nice strategy. It's like a parasite that eventually kills the host.
Employees need to have a more symbiotic relationship with their employers, not a parasitic one.
People need to except the fact that their employers NEED TO MAKE MONEY. This is how our economy thrives, and how they actually got hired in the first place.
Those of you who are too stupid to understand this raise your hand and I'll get a little more detailed for you.
Then the same people complain that companies are moving out of the country, or stashing their funds in offshore accounts.
We have a shortage of companies growing and thriving in this country. It's not because they are run by evil rich people you idiots. These companies are run by business folks who become successful by...wait for it...making money!
If you tax the crap out of them, screw them to the wall for benefits and pay, then tax them again, why the hell should they be in business in the first place?
Have many American people (Yes I'm talking to those who support Obama) become so blind that they actually believe that the policy to spend more money then we have, then try to tax every last ounce of income from the people who have made this country great, is a winning policy?
Obama's administration has spent more money then they have taken in. This does not mean that they need to take in more. There is no more folks. We're on the ropes! The only answer is to stop spending money.
All of the people getting food stamps, free health care, free education, free government loans to research the mating habits of the South-American Swamp Rat, need to be cut off.
The way our country is designed there are those that have worked hard and have money to show for it, and those that are free-loaders and just whine because they are not getting even more free stuff from the government.
You are not entitled to have the government take care of everything for you. Work hard, or live like someone who doesn't.
We should go to a flat-tax system where everyone pays a percentage of their income. No loopholes, no sneaky back room deals to get out of it. Everyone pays "their fair share".
All of the leeches will cry, but this is THE ONLY FAIR WAY TO TAX PEOPLE. Poor folks will pay very little, and rich folks will pay in a ton of money.
People ask why I don't want another four years of Obama. It's because his plan is to tax people more, then distribute the money to who he wants to help. I have news for you, it's not the American people.
Is Mitt Romney any better?
Every four years it's a crap shoot. When Barak Obama was elected I hoped he would do what he promised, and yet he let down the country. Many people who were behind him, and helped him get elected, have realized what a mistake it was.
Someone should have given him a "President For Dummies" book.
I don't know if Mitt Romney will do what is needed to turn this country around, but he is a businessman, and understands finances and dealing with money issues much better then Barak Obama ever has.
If President Obama was hired to run a company, he would have been fired for how he has run this country. I'm willing to let someone else give it a try. I hope it can't be any worse.
I COMPLETELY agree about the childish games being played with bills and all the added on special interests that destroy them. By EVERYONE who introduces them. But there are some parts where I disagree, and I'm going to find sources to back up what I say.
ReplyDeleteAbout the wages and taxes, 1) the GOP tax plan is planning to expire the tax cuts for the middle class, while extending the tax cuts for the upper class, which means that the GOP is actually planning on taxing at least twenty million more people than the Obama administration was planning on, for more than $2,000 per person, while Obama's plan would expire tax cuts that increase their taxes by less than 10% (proportionate to the current/after value).
How about the fact that the employers are making record profits while, adjusted for inflation, employees are actually making less than they were back in the 90's? People are working hard if not harder, spurred both by work ethic and the recent history of corporate layoffs at the drop of a hat. The problem is, they're not getting compensated for their hard work nearly like they used to.
Whatever stupid tax plan either side whips out is not really my concern.
DeleteAs I stated, unless it is something simple like a flat tax it will be full of loopholes and unfair advantages for somebody.
I don't care what side of the aisle you're on. The current tax code is a complete an utter nightmare, passing silly things to plug some holes and open a bunch more is a joke.
How about the fact that we spend as much money on defense as our 25 allies (and the 25 next top spenders) COMBINED, of which a small fraction could instead be spent on healthcare, education, and loans for the millions of AVERAGE Americans (Most of which are below poverty level $30k now, by the way), who struggle with funding higher education, medical bills, and even putting food on the table, and for all the schools that are struggling from lack of funding...
ReplyDeleteDon't bash the good causes just because the occasional, sleaziest can't-find-a-job student who makes up something bogus just to stay in the system, and gets away what little bit of money was available for everybody else. Why should everyone else be screwed just because there are a small handful who are bad apples? Don't destroy the system; close the loopholes!
About companies struggling to make money... companies are actually making record profits, and a record amount of it also is going to their CEOs, but their employees got downsized, laid off, etc, and you bet they were working hard and fearing for their families' welfare, and they're getting paid less than they ever did before, because companies can get away with it. Just how much of that multi-million salary does a CEO need that they couldn't reduce it by a little bit to invest in their company's future, invest in their employees, and help out with the dwindling budget in hard times?
Employees NEED to make money to support their families, buy the things made by the corporations, and keep the economy going. It's EXACTLY because people have less spending money than ever before that they aren't spending it, because they can't afford to. Or they spend it by getting loans, and the loan system was bunk and now there's all these disasters, precisely because people could NOT afford the things they should be able to afford! And that precisely is what ground our economy to a halt. CEOs do not buy enough volume of the majority of goods produced in this country; the common people do. That's what they are made for, and the common people should be able to reasonably afford them.
Defense is pretty much one of the main things our government IS supposed to spend money on. Until this country is 100% safe from all of the lunatics and wacky governments in the world, it's one thing I don't want them to cut back on.
DeleteShould we stop being the world's police force? Now that I would agree with in certain situations.
What we spend on defense is not the problem, it's what we spend on EVERYTHING else. That, is where the trouble begins.
Bluntly put, unless they are doing something illegal, how a business runs their business is none of our business.
What I mean is, businesses live or die by things like investors, workers, products, etc...
Regardless of what touchy-feely people think, the only reason for a business to exist is to make money. Sure, some of them started off with lofty goals in making the best widget, but once they get big those goals are trampled on by the stock holders and board of directors.
Understand that the CEO of a company is not a monarch appointed by God and ruling until they die. The CEO is hired by a board of directors because they feel they will move the company in the most profitable direction.
Based on the company, that same board of directors decides what the company can afford to pay the CEO, and what they feel the new CEO is worth.
I don't care what a company pays their CEO, because it's none of my business. If they feel a CEO is worth a salary of 10 million dollars, more power to them. Do I wish I was worth 10 million dollars to a company? Sure!
The important part here is that I have not worked my life in such a way where it has made me worth that much. I can live with that.
Why is it your place to whine about what a CEO makes?
If you want to change things, invest in that company, become a member of their board of directors, and fire the CEO. Other then that, go get a box of tissues and squirt some tears.
The founder of Apple and Cisco both got booted from their companies because they were not steering the company in the right direction according to their respective board of directors. This is how life works. If you don't perform, you're fired.
The problem we currently have is that President Obama has mucked up the economy so bad that companies are not hiring. They are watching and waiting for something to stabilize in our messed up government before they extend themselves too far.
As a result of this very intelligent course of action by these companies given the current situation, unemployment has skyrocketed. Obama over-promised that if his "stimulus" bill passed the unemployment rate would never go beyond 8%, and would actually drop to around 5.8%. He is on record in an interview stating, "If I don't have that done in three years, then this is going to be a one-term proposition."
Get the government to back off the companies, and actually give the companies more breaks and you will see businesses return to, or stay in, this country, wages will increase, and unemployment will decrease. Keep pissing off the companies, and the current situation you are so concerned about will only get worse.
Regarding Mitt Romney, yes, he is a businessman. A successful one. But his business was successful by using tax loopholes, exploitation, and by leeching off of failing companies in a way that made it make profits while those companies went out of business. That is his business model. That is how he has stayed successful. I would elect any one of the CEOs I interviewed for my thesis because they all showed shrewd business sense, a strong willingness to continually invest in training, education, and research / development, and a great diplomatic tact that helped them navigate any situation with the best possible outcome. I don't see Romney having ANY of these traits, especially not the last two. And it's very, very dangerous for him to run a country without having the last two. The US is not a business.
ReplyDeleteAnd, let's not forget, Congress and the House have both gummed up the works of the recovery, whether it was proposing their own failed bills, or blocking something to add their own special interests. They single-handedly have caused so many problems over the past four years, that it is reasonable to blame them for the majority of our recovery woes. Because they blocked almost everything Obama proposed, so there was no way to see if it would work or not. What kind of basis is that for judging Obama, if almost nothing he proposed for the economy got passed?
It could get worse. We could turn out just like Europe, which is exactly what the GOP's planning on. Spain has a 30% unemployment rate right now, by the way. And they plan on making workers work 12 hours a day 7 days a week to make up for it, while their CEOs make record profits. Is that right?
News flash. Every company works by exploiting loopholes. As far as leeching off failing companies, that was his business.
DeleteCompanies fail for one reason or another. This means that they are being run incorrectly and are now crashing hard. Many companies make it their business to purchase those companies and part-them-out. It's a sound business model, and encompasses a certain amount of risk and skill. It's not evil or illegal as some would like people to think.
Obama had free reign of both the House and the Senate for long enough to introduce the problems he has. We can thank his stimulus and healthcare bills for that time period. The only reason the House has blocked everything else is to prevent him from doing any more harm to this country. If they had not blocked his additional idiotic plans he may very well have single-handedly completely destroyed this country.