5 Economic Flubs That Will Cost Democrats Most

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We need to find a new gene pool to get our politicians from. From Democrats, Republicans and Tea Partiers, all we get is gridlock! It would be nice if our politicians would put America first and their own selfishness aside! It would be nice to see them truly serve this great country before it collapses like previous ones. This country needs to make some hard choices especially when it comes to immigration. It's time to quit being a bleeding heart about the poor immigrant and take care of the citizens that are here legally. Fruits and vegetables are not cheap anyway, especially when you add the cost of having illegals here. We need to close our borders and stop the handouts to people that are not Americans (demanding special considerations, like free medical, schooling, housing subsidies, that we speak languages other than English and denounce God, etc). It is bankrupting this country more than anything else. Then we need to start addressing how to get this country back to the leader of the free world where it belongs. Put America First should be the battle cry as we look at everything from education, to how we regulate business to find the happy medium that will promote a strong middle class, not weaken it as the past decades have done. We need to get a national plan that will work for the majority, not only the few. Being Politically Correct doesn't serve the masses, only the few. If you don't like it here, please leave and go fix the country you came from. I personally don't believe our Congress has the guts to put their personal agendas aside for the good of the country and look for the common ground (America first) that would put us back on top in everything. Wouldn't it be great for the likes of Rush Limbaugh to actually put forth a plan that would bring America together, instead of continuing to bash it. Lets bring a POSITIVE approach to fixing America so it is a better place for all of us. We need to promote what is good about America and find a common sense approach to fixing what is wrong that works for the majority of us. The silent majority needs to become vocal and tell Congress to stop gridlock and get this great country back. America First!

Bob of CA 1:25PM November 18, 2010

Intervening and special groups with this administration caused this to happen. In a business, if it goes down hill, everyone in management is booted out. Owners may even go as far as emptying out hourlies as well to come into recovery. All this borrowing was by this President was like giving a 12 year old a credit card with no stipulations and promising it had no credit card limit. Then the bank starts getting suspicious and finds out the parent can't make the payments and closes the account. What does the 12 year old say then when things have to be returned?
The best thing to do is let a business fail. Instead we had these beautiful car dealetrships with inside sales areas that was like fancy hotels. They did nothing wrong but SELL cars as what they were intended to do. Then this administration sends out letters of new ownership (taxpayers???!!!) taking them over like they are practicing "New London", Connecticutt take over. It makes an area start to look run down.
These democrats with their connections to ACORN (though filed for bankruptcy) are now 300 different organizations. The labor unions, such as SEIU got the Stimulus money for getting their candidate in as President.
Add to that Clov and Pivens, John Ayers, Jay Jones, George Soros ("Spooky Dude"-richest socialist in the world and on the Tides Foundation) with no bottoms in his pants pockets, and the "hopy, changy thingy" to socialize the country. This administration made it seem they were working on National Health Care (why couldn't we all have theirs?) while behind the scenes doing other devastations to our country. It's the old card game trick. NO jobs were created, so they changed it to jobs saved which didn't happen anyway. Illegals were hired at lower wages to all of a sudden replacing bridges and redoing roads (roads are fixed every year especially in the rust belt states!). The bridges ARE the biggest joke of all. WE have one that goes over a small river started in June which will take another 3 years to finish!!! In Pittsburgh, PA and suburbs most are shut down and under repair to the point of having to drive 10-20 miles out of the way to get across to the other side of the river to work when it would have taken a mile or 2 to get there!!! There is NO LOGIC to ANY of this whatsoever BUT to destroy this country and it's people and redistribute wealth. Those who have money and businesses small and large ARE the life blood of this country and jobs!
All I have heard is the insulting words from this administration is the "RACE" card word and name calling and saying a certain party is a party of "NO". This one is the proven SOCIALISTIC lovers from the 1960's. I'm happy to not belong to any party! Let's see how these "lame duck people" want to take the newbies by the hand with their staff to poison them. This new group coming in doesn't need anyone BUT their OWN staff to bring with them!

Anonymous of PA 10:25PM November 03, 2010

I really don't believe your last statement, government is wasting our tax dollars on there own personel projects, greed has taken over the White House, and if you don't see that, we are really in deep trouble.

Ruth of MI 12:09PM October 25, 2010

Gosh darn, I may be old school but did they quit teaching grammar in the schools during the past couple of decades. Some reasonable points are being made but they don't work if you can't get the point across. It's like applying for a job with a resume full of mis-spelled words. You ain't gonna' get it! This place is going to hell in a handbasket if this is a true reflection of our ability to communicate!

Dave of OR 6:47PM October 22, 2010

Most people think their Republicans but have nothing ion common with this Rich Corrupt party. They are the party of take no responsibility and shrink Government so there is no responsibility but for some reason politically uneducated people thought they would be better then other people if they claimed they were Republicans. Now all they can do is blame the poor for the Rich stealing all the money and selling the Country to China. If Republicans get in I look for years of stagnation. Who's top blame then? This was all their mess.

Rob Sandera of MI 7:09PM October 21, 2010

Every time taxes are increased on the rich, Tax income goes down. This is particularly true whenever captial gains taxes are increased.
Why? The rich are actually very few, and they like to spend their money on things other than taxes. They're smart that way (which is why they are rich). When Captial Gains (investment) taxes go up, investment by the rich goes down. That hurts everyone.
Remember when they raised taxes on luxury yachts? The Democrats thought they'd be "sticking it to the rich", but all they did was drive hard working yacht builders out of business when no one bought them.
Oh, and Steve from IN, remember Bush tried to fix social security, but the Dems and their geriatric constituents wouldn't let him. Instead we have a ludicrous national Ponzi scheme that will leave you and I without benefits in 20 years -- and the Democrats wouldn't have it any other way.
Obama knows all this, but he'd rather buy votes with my tax money than fix a problem. In fact, the only thing Obama has shown himself competent at is getting elected.
It's sad that most of this country doesn't know how the economy works, and they'd rather cut off their nose to spite their face.
If more people had saved and invested their money wisely, instead of buying crap on credit they can't afford, we wouldn't be in this mess.
If everyone paid their mortgage on time there would be no recession.

Etienne of CA 6:15PM October 10, 2010

Every time taxes are increased on the rich, Tax income goes down. This is particularly true whenever captial gains taxes are increased.
Why? The rich are actually very few, and they like to spend their money on things other than taxes. They're smart that way (which is why they are rich). When Captial Gains (investment) taxes go up, investment by the rich goes down. That hurts everyone.
Remember when they raised taxes on luxury yachts? The Democrats thought they'd be "sticking it to the rich", but all they did was drive hard working yacht builders out of business when no one bought them.
Oh, and Steve from IN, remember Bush tried to fix social security, but the Dems and their geriatric constituents wouldn't let him. Instead we have a ludicrous national Ponzi scheme that will leave you and I without benefits in 20 years -- and the Democrats wouldn't have it any other way.
Obama knows all this, but he'd rather buy votes with my tax money than fix a problem. In fact, the only thing Obama has shown himself competent at is getting elected.
It's sad that most of this country doesn't know how the economy works, and they'd rather cut off their nose to spite their face.
If more people had saved and invested their money wisely, instead of buying crap on credit they can't afford, we wouldn't be in this mess.
If everyone paid their mortgage on time there would be no recession.

Etienne of CA 6:13PM October 10, 2010

Joanne,
The Fed gov't is not the one who lost the trillions of dollars that disappeared on Wall Street. How do you propose to pay for services to citizens that are provided by the government? "Free enterprise" is not the answer to everything. Free enterprise is based on making a profit, not on providing a community for the nation. The only thing wrong with the Fed gov't is that they have allowed the corporations to rape and pillage the American people. CEO's walk away with hundreds of millions of dollars while their stockholders lose their shirts.
Secondly, quote: "The real blame for this goes to President Bush and Congressional Republicans who passed the "temporary" tax cuts in 2001 and 2003, without cutting spending or accounting for the lost government revenue at all." AMEN! But then you want to blame Democrats for not extending the tax cuts. If they extend them the GOP screams about the deficit and God forbid that those who have millions of dollars should pay even 1% more than those who can barely make ends meet. I don't think that the rich should be unfairly taxed, but face it, many of them hide money overseas or use tax loopholes to lower their taxes even more than what it's supposed to be. How many in the "middle class" can do that?
Anyone who owns a home, or even rents, who eats and buys clothes now that someday you must pay your bills. So how does America think that we can keep going without tax increases? The Fed debt must be paid, so if you don't increase taxes then you decrease spending. The Tea Party would say, do away with the government, don't spend until the debt is paid. How realistic is that? Wacko! Talk about foreclosures and depressions. It would be more like annihilation. And when these TPs get into office, when they won't compromise, again, the government will accomplish nothing. When the TP's get something they want it will be taking away jobs as well.
And let's get rid of social security. Sure, never mind that I've paid into it since I was 16, just make me work until 70 instead of 66.5. I can see that getting passed. Simply for the fact that the gop/tp congress is composed of millionaires who don't need social security. The only thing for certain is that when they crumble social security I will stop paying taxes equivalent to what I should receive.

Steve of IN 4:21PM October 08, 2010

250K for a family living on two incomes in NYC or parts of California is not wealthy. It does not afford a Lamborghini or a villa in the south of France. These types of excesses are for people making much more. 250k in these expensive to live places, where this kind of many is more common and where a lot of people live, affords a 2 bedroom one bath apartment and some savings into a 401K. in other parts of the US 250K is very rich. This broad brush approach is flawed.
Also this idea that taxes on these folks has no impact on jobs is crazy even if it seems convenient. If you run a small successful family business with 5 employees and you get your income from the firm as salary or as proceeds from the firm it is all the same money but it is not taxed the same and in this type of firm you are best to pay a salary to yourself rather than take it as company income because you get taxed on it twice then. The company pays taxes from its profits and then you pay dividend taxes. Well if you hire a 6th person and pay them salary plus benefits you are out money in company profits and you can not afford to take as big a salary. So it does impact the small business owners choices. Also if they live in a high cost area, they have fixed expenses. Ex: Their 2 bedroom apartment does not cost less to rent, it is still 5K a month. People who do not understand how there are "secondary effects" in economics should take some courses in economics or should leave such assessments to those who have. Raise taxes on individuals particularly the wealthy and jobs will be less this is an economic truth. Also this idea that wealthy people got that way from some process that is undeserving is also flawed. Sure there are crooks out there at the top and the bottom of the income ladder but those are the exceptions. macro econ has actuall proven tax increases slow the economy because the money is taken out of the private sector where real and sustainable jobs are created and instead it gets used less efficiently in government. This is true of all tax increase regardless of who pays the increase. We can not afford to have this economy contract at this time and we can not afford to consider raising taxes on anyone at this time.

Rich of NJ 3:09PM October 08, 2010

The myth that is being passed as truth is that tax rate "cuts" costs income to the government and that a tax rate "increase" will provide funds. This myth leaves out the critical "human behavior" factor. In 2001, before the Bush "tax cuts" federal revenue was $1.8 trillion. By 2004, after the "tax cuts" federal revenue was at $2.4 trillion. High income tax payers alter their behavior based on tax rates. So, don't count on that $700 billion that Obama claims will come from the "rich" when rates go up in January, 2011.

Lowell McClanahan of AR 2:19PM October 08, 2010