Obama frustrated with lack of job growth

[slackjawed]

Are there not Republican Governors?

Where are the statistics showing that states with Republican leadership are showing surging job growth?

Where are all the jobs created by Republicans?

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

I'm trying to figure out how corporations operate basically tax-free in the country already and how every move made this year has been to further reduce taxes, and yet somehow, it's claimed by the right that the economy is not doing well because Obama has raised taxes skyhigh.

A coorperation is not 'tax-free'. A corperation is an entity set up to protect one against personal liability for the actions of the company. Corperations pay lots of taxes.
The claims that taxes have been cut have not been truthful. The extra money you got all year in your paycheck will likely have to be repaid at tax time, along with a penatly for 'late payment'. Corperations and companies operate not just in the present, but also plan for the future (an example lost on our so-called leaders). The fear of high taxes in the future to pay for tax and trade, healthscare and the non-stimulus has businesses planning for a bleak future.

 

[manu1959]

Are there not Republican Governors?

Where are the statistics showing that states with Republican leadership are showing surging job growth?

Where are all the jobs created by Republicans?

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

I'm trying to figure out how corporations operate basically tax-free in the country already and how every move made this year has been to further reduce taxes, and yet somehow, it's claimed by the right that the economy is not doing well because Obama has raised taxes skyhigh.

well if you run your corporation correctly your corporation won't pay any taxes....all the profits will be disbursed to the employees corprate sharholders public and private....then the individulas will pay personal income tax on those wages....

obama has not raised taxes yet.....he altered the tax withholding so you get a couple of extra dollars per pay check but you will get to give that back in april as the tax tbales of not changed....

the economy is not doing well because of poor government regulation of the lending and investment markets.....

the economy is flat...why...fear.....some fear he won't do enough and others fear he will do too much.....

i do find it interesting that he he is spending money like it grows on trees...same as bush did.....and he is ramping up another war.....

in my opinon we just have a well spoken idiot this time.....

 

[rightwinger]

They have not been in power in the house of representatives for a few years and if you know your government you would know that none of the republicans voted for the no stimulus stimulus bill. This is all controlled by the democrats that's why the panic you see going on in the above link that I posted.

Here is another link about Obama's top economic advisor Larry Summers who was responsible for losing 1.8 billion dollars of Harvard's money.

Obama's Economic Genius - Wall Street Survivor Forums

Are there not Republican Governors?

Where are the statistics showing that states with Republican leadership are showing surging job growth?

Where are all the jobs created by Republicans?

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

Where is your proof?

Look at all the states with Republican Governors. Their policies of getting out of the way, lowering taxes, and providing no social programs have not resulted in increased jobs in those states.

Where are all the jobs being created by Republicans? Is the idea of Republican policies leading to job growth just a myth?

 

[California Girl]

Here is another link about Obama's top economic advisor Larry Summers who was responsible for losing 1.8 billion dollars of Harvard's money.

Obama's Economic Genius - Wall Street Survivor Forums

It's Larry Summers's fault that Harvard invested their endowment just like every other university does?

He was President of Harvard, and he's an economist.... so, basically, yea. He was responsible. The Buck's gotta stop somewhere. It's not like he wasn't warned by others of the incredibly risky nature of that type of investment. Get your facts before you make stupid statements.

 

[Polk]

Are there not Republican Governors?

Where are the statistics showing that states with Republican leadership are showing surging job growth?

Where are all the jobs created by Republicans?

great question, however I can show you the top 10 cities with the most poverty and economic downturn have been democratic controlled for 30 years +

Right now businesse's are leaving California & New Jersey by wagon trains. These two states have the highest state tax rates in the country--while also showing the highest budget deficits. IOW-the more they tax the more they spend. They have been run by democrats for decades--regardless of one single Republican governor--their state legislatures have been all democrat big spending majorities.

It hasn't been "one single Republican governor". Both New Jersey and California have only recently shifted to the Democratic column.

From 1968 to 1988, the Republicans won New Jersey in every presidential election and it was one of the closest state in 1992. The Republicans have held the New Jersey governorship for most of the last quarter-century (14 years).

California had been even more strongly Republican. From 1952 to 1988, the Republican presidential candidate carried California in every election except 1966. The state has also favored Republicans for the governor's mansion. In the last 25 years, the Republicans have held the governorship for 21 for them.

 

[DiamondDave]

Are there not Republican Governors?

Where are the statistics showing that states with Republican leadership are showing surging job growth?

Where are all the jobs created by Republicans?

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

I'm trying to figure out how corporations operate basically tax-free in the country already and how every move made this year has been to further reduce taxes, and yet somehow, it's claimed by the right that the economy is not doing well because Obama has raised taxes skyhigh.

$395,536,000,000 collected in 2007 from corporate income taxes... HARDLY 'tax free'

 

[Maple]

Are there not Republican Governors?

Where are the statistics showing that states with Republican leadership are showing surging job growth?

Where are all the jobs created by Republicans?

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

I'm trying to figure out how corporations operate basically tax-free in the country already and how every move made this year has been to further reduce taxes, and yet somehow, it's claimed by the right that the economy is not doing well because Obama has raised taxes skyhigh.

We have the 2nd highest corporate taxes in the world, in some cases 35%. I don't know where you got your information, but it's erroneous. Ireland reduced it's corporate taxes to 11% and corporations are rushing to get there and creating a demand for new hires.

I don't know where you see anyone's taxes being reduced, I have not seen any information indicating that. Could you provide a link, please? If you are talking about the payroll tax of app $15.00 per week on witholding, that's the only thing I have seen. Remember too, that the Bush tax cut which is considerably larger than the $15.00 payroll tax will expire next year, thereby creating a tax increase.

As far as raising taxes, he is going to have to in order to pay for his health care plan and cap and trade. What you are witnessing is a definite fear in this country because of his very radical proposals.

 

[DiamondDave]

Are there not Republican Governors?

Where are the statistics showing that states with Republican leadership are showing surging job growth?

Where are all the jobs created by Republicans?

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

Where is your proof?

Look at all the states with Republican Governors. Their policies of getting out of the way, lowering taxes, and providing no social programs have not resulted in increased jobs in those states.

Where are all the jobs being created by Republicans? Is the idea of Republican policies leading to job growth just a myth?

Do you know even the basics of how a job is created? Do you know what drives the need for an entity to hire someone? Are you seriously that ill informed that you need to go back and study basic economics again?

 

[2Parties]

We should decrease productivity to increase jobs. We can only use rocks (not sharpened) and sticks to create what we need to survive.

 

[Polk]

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

I'm trying to figure out how corporations operate basically tax-free in the country already and how every move made this year has been to further reduce taxes, and yet somehow, it's claimed by the right that the economy is not doing well because Obama has raised taxes skyhigh.

A coorperation is not 'tax-free'. A corperation is an entity set up to protect one against personal liability for the actions of the company. Corperations pay lots of taxes.

They don't pay a lot of taxes. They pay a lot of taxes in theory, because our corporate income tax is the second highest in the developed world, but after deductions, it's one of the lowest.

The claims that taxes have been cut have not been truthful. The extra money you got all year in your paycheck will likely have to be repaid at tax time, along with a penatly for 'late payment'.

That's not accurate.

Corperations and companies operate not just in the present, but also plan for the future (an example lost on our so-called leaders). The fear of high taxes in the future to pay for tax and trade, healthscare and the non-stimulus has businesses planning for a bleak future.

The possibility of future taxes doesn't change the fact that they can now use current losses to offset taxes on the past five years of profits (instead of two under the previous law) or the bonus depreciation.

 

[Polk]

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

I'm trying to figure out how corporations operate basically tax-free in the country already and how every move made this year has been to further reduce taxes, and yet somehow, it's claimed by the right that the economy is not doing well because Obama has raised taxes skyhigh.

well if you run your corporation correctly your corporation won't pay any taxes....all the profits will be disbursed to the employees corprate sharholders public and private....then the individulas will pay personal income tax on those wages....

obama has not raised taxes yet.....he altered the tax withholding so you get a couple of extra dollars per pay check but you will get to give that back in april as the tax tbales of not changed....

the economy is not doing well because of poor government regulation of the lending and investment markets.....

the economy is flat...why...fear.....some fear he won't do enough and others fear he will do too much.....

i do find it interesting that he he is spending money like it grows on trees...same as bush did.....and he is ramping up another war.....

in my opinon we just have a well spoken idiot this time.....

The tables haven't changed, but they'll qualify for the Making Work Pay credit, which would off the difference. So basically, the withholding changes give them the money upfront for a credit they could claim on their taxes for this year. It's the same way the tax rebate issued in 2008 by the previous administration worked.

 

[Polk]

Here is another link about Obama's top economic advisor Larry Summers who was responsible for losing 1.8 billion dollars of Harvard's money.

Obama's Economic Genius - Wall Street Survivor Forums

It's Larry Summers's fault that Harvard invested their endowment just like every other university does?

He was President of Harvard, and he's an economist.... so, basically, yea. He was responsible. The Buck's gotta stop somewhere. It's not like he wasn't warned by others of the incredibly risky nature of that type of investment. Get your facts before you make stupid statements.

Except that the investments weren't incredibly risky based on what as known at the time. Look at the decline in Harvard's endowment and compare it to other institutions. Virtually all university endowments have lost money during this recession.

 

[logical4u]

Are there not Republican Governors?

Where are the statistics showing that states with Republican leadership are showing surging job growth?

Where are all the jobs created by Republicans?

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

I'm trying to figure out how corporations operate basically tax-free in the country already and how every move made this year has been to further reduce taxes, and yet somehow, it's claimed by the right that the economy is not doing well because Obama has raised taxes skyhigh.

Businesses must pay taxes. Payroll taxes and benefits (that are increasing at an alarming rate) are expensive. If you believe in wealth distribution, just send your wealth my way, I'll take care of you, trust me (what gov is telling citizens).

 

[Polk]

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

I'm trying to figure out how corporations operate basically tax-free in the country already and how every move made this year has been to further reduce taxes, and yet somehow, it's claimed by the right that the economy is not doing well because Obama has raised taxes skyhigh.

We have the 2nd highest corporate taxes in the world, in some cases 35%. I don't know where you got your information, but it's erroneous. Ireland reduced it's corporate taxes to 11% and corporations are rushing to get there and creating a demand for new hires.

I don't know where you see anyone's taxes being reduced, I have not seen any information indicating that. Could you provide a link, please? If you are talking about the payroll tax of app $15.00 per week on witholding, that's the only thing I have seen. Remember too, that the Bush tax cut which is considerably larger than the $15.00 payroll tax will expire next year, thereby creating a tax increase.

As far as raising taxes, he is going to have to in order to pay for his health care plan and cap and trade. What you are witnessing is a definite fear in this country because of his very radical proposals.

Meanwhile, back in the real world, even people who agree with you that corporate income taxes should be reduced know you're playing a dishonest shell game.

Between 2000 and 2005, U.S. corporate taxes amounted to 2.2% of the GDP. The average for the 30 mostly rich member countries of the Organization for Economic Cooperation and Development was 3.4%.

...

According to one study, corporate taxable income has increasingly diverged from the (much higher) financial profits reported to shareholders. Another more recent analysis estimates that the effective corporate rate in the U.S. peaked at nearly 32% in 2000 but has declined to 25% by 2005.

High Corporate Tax Rate Is Misleading (Page 2 of 2) at SmartMoney.com

 

[rightwinger]

Again, government DOES NOT create jobs in the private sector, government needs to promote job growth by getting the hell out of the way and quit penalizing them with ever increasing taxes to support their socialistic agenda. Then you will have job growth, until then you won't.

Where is your proof?

Look at all the states with Republican Governors. Their policies of getting out of the way, lowering taxes, and providing no social programs have not resulted in increased jobs in those states.

Where are all the jobs being created by Republicans? Is the idea of Republican policies leading to job growth just a myth?

Do you know even the basics of how a job is created? Do you know what drives the need for an entity to hire someone? Are you seriously that ill informed that you need to go back and study basic economics again?

Of course I do..

Jobs are created by giving tax cuts to wealthy individuals and big business. The wealthy then turn around and excess money they don't want gets trickled down in the form of jobs.

Did you think I was born yesterday?

 

[2Parties]

The wealthy then turn around and excess money they don't want gets trickled down in the form of jobs.

What?

 

[Maple]

It's Larry Summers's fault that Harvard invested their endowment just like every other university does?

He was President of Harvard, and he's an economist.... so, basically, yea. He was responsible. The Buck's gotta stop somewhere. It's not like he wasn't warned by others of the incredibly risky nature of that type of investment. Get your facts before you make stupid statements.

Except that the investments weren't incredibly risky based on what as known at the time. Look at the decline in Harvard's endowment and compare it to other institutions. Virtually all university endowments have lost money during this recession.

Polk, I respectfully disagree with your philosophy. Corporations in this country pay app 35%of their profits to the government. We are the second highest tax rate in the world. That's alot of the reason they take their business and go to India with it. Yes, labor is cheaper and that's also a plus, but our high tax rate adds into that. In order for business to want to stay here and employ Americans government needs to get out of the way, tighten their own belts, and reduce taxes and regulations on them so that they can expand and grow.

 

[manu1959]

great question, however I can show you the top 10 cities with the most poverty and economic downturn have been democratic controlled for 30 years +

Right now businesse's are leaving California & New Jersey by wagon trains. These two states have the highest state tax rates in the country--while also showing the highest budget deficits. IOW-the more they tax the more they spend. They have been run by democrats for decades--regardless of one single Republican governor--their state legislatures have been all democrat big spending majorities.

It hasn't been "one single Republican governor". Both New Jersey and California have only recently shifted to the Democratic column.

From 1968 to 1988, the Republicans won New Jersey in every presidential election and it was one of the closest state in 1992. The Republicans have held the New Jersey governorship for most of the last quarter-century (14 years).

California had been even more strongly Republican. From 1952 to 1988, the Republican presidential candidate carried California in every election except 1966. The state has also favored Republicans for the governor's mansion. In the last 25 years, the Republicans have held the governorship for 21 for them.

and claifornia's legislature which creates and passes all the budgets and social programs has been in the firm contol of democrates for decades.....if you remeber davis was tossed for running the state into the ground with his dem legislature.....arnold has done nothing to alter that...

 

[DiamondDave]

Where is your proof?

Look at all the states with Republican Governors. Their policies of getting out of the way, lowering taxes, and providing no social programs have not resulted in increased jobs in those states.

Where are all the jobs being created by Republicans? Is the idea of Republican policies leading to job growth just a myth?

Do you know even the basics of how a job is created? Do you know what drives the need for an entity to hire someone? Are you seriously that ill informed that you need to go back and study basic economics again?

Of course I do..

Jobs are created by giving tax cuts to wealthy individuals and big business. The wealthy then turn around and excess money they don't want gets trickled down in the form of jobs.

Did you think I was born yesterday?

Try to actually fucking answer the question and not spout off leftist slogan material

 

[rightwinger]

The wealthy then turn around and excess money they don't want gets trickled down in the form of jobs.

What?

Of course...don't you understand our economic system? We have 10% of the people controlling 90% of the wealth. The only way the rest of us can obtain wealth is to give more money to the upper 10% and hope they trickle it down to us.

Giving money to the 90% of the population with 10% of the wealth is called socialism and we don't want that