Monday, July 9, 2012

Obama tells America "If you are successful I will punish you for it."

Apparently President Obama thinks success is a bad thing, something to be punished.

Obama to call for Bush tax cut extensions for those making less than $250,000

The Bush tax cuts (the only thing he ever did right) were for dividends and capital games which are now taxed at 15% for everyone. Middle class investors who work hard and are trying to save for their retirement by buying dividend paying stocks will be harmed if the dividend tax goes up for wealthy people. Those making more than a quarter million dollars a year will dump their dividend paying stocks, then the price of those shares will go down, including the shares owned by the middle class.

It's very simple but of course liberal loons won't understand. Liberals are like creationists who are unable to understand simple concepts like natural selection. Both liberals and evolution deniers are morons.

Who does most of the hiring in this country? The poor? The middle class?

Of course it's only wealthy people, for example the owners of small businesses, who are able to hire and fire employees. If their taxes go up they will get the money for it by throwing out some of their employees, then our terrible unemployment problem gets worse.

Understand Mr. President? No, of course he doesn't understand. Obama has zero experience in business. He knows nothing about it. Obama is totally unqualified to be president of a capitalist country like America.
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Obama wants to extend the Bush tax cuts (for everyone except the people who do the hiring in this country) for one year. What Obama would do if he wasn't a liberal loon who knows nothing about capitalism is make the tax cuts permanent (and for everyone). This reader's comment from the Wall Street Journal explains why temporary tax cuts make planning for the future impossible, making the economy worse instead of better. Please notice that BO means Barack Obama. Also "one year extension for this" is about the Bush tax cuts.

One year extension for this two years for illegal immigrants, 2014 for Obamacare. Doesn't this man understand that people plan for the future and when there is ambiguity, people stop planning. And that planning includes hiring.

Another reader's comment from the Wall Street Journal (a wealthy person who creates jobs):

In addition to already paying more than my fair share, the healthcare act will add several more taxes that I have to pay. But that still isn't enough, now he wants even more. I create jobs, but not now. No more hires as I just don't know the impact all of this will have. Nice job BO, no wonder the job numbers continue to be horrible as you continually attack the job creators.
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Another Wall Street Journal comment:

The old Communist fairness ploy. Fairness is where everyone pays the same. Fairness is where one keeps and spends what they earn. Fairness is where the lazy and indifferent learn the errors of their ways. Fairness is getting rid of the the Marxist in Chief and placing an American free market loving individual in office. Hope there are enough real Americans left to pull it off.

President Obama, who only knows how to make the economy worse, spends a lot of time criticizing Mitt Romney's wealth, as if there's something wrong with being successful.

This country needs somebody like Romney who has business experience. Obama has never created a private sector job in his life. Obama is incompetent and he needs to be thrown out.

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