Big business is doing awesome right now, it just isn't trickling down for some reason. Could it be that they like us happy just to have a shitty no raise ever job rather than homeless and destitute?
The problem is obvious: Obama.
Consider the facts....under Obama, unemployment, stagnant recovery, over regulation, and ObamaCare.
Compare that to the policies of Ronald Reagan....tax cuts, encouragement of business, and astounding recovery!
1. ... the tax cuts of the Economic Recovery Act of 1981 stimulated economic growth. “As a 1982 JEC study pointed out,[1] similar across-the-board tax cuts had been implemented in the 1920s as the Mellon tax cuts, and in the 1960s as the Kennedy tax cuts. In both cases the reduction of high marginal tax rates actually
increased tax payments by "the rich," also increasing their share of total individual income taxes paid.”
http://www.house.gov/jec/fiscal/tx-grwth/reagtxct/reagtxct.htm
2. “As inflation came down and as more and more of the tax cuts from the 1981 Act went into effect, the economic began a strong and sustained pattern of growth.”
US Department of the Treasury
The benefits from Reaganomics:
a. The economy grew at a 3.4% average rateÂ…compared with 2.9% for the previous eight years, and 2.7% for the next eight.(Table B-4)
b. Inflation rate dropped from 12.5% to 4.4%. (Table B-63)
c. Unemployment fell to 5.5% from 7.1% (Table B-35)
d. Prime interest rate fell by one-third.(Table B-73)
e. The S & P 500 jumped 124% (Table B-95)
FDsys - Browse ERP
f. Charitable contributions rose 57% faster than inflation. Dinesh D’Souza, “Ronald Reagan: How an Ordinary Man Became an Extraordinary Leader,” p. 116
These are the facts.
As is this: Obama and his socialist policies don't work.
When will you realize that?