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(What A Idiot) Obama : ‘You Can’t Have A Modern Industrial Economy’ With Lower Taxes

USArmyRetired

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First of all, this is what happens when you have a person acting president who was elected with zero executive experience pertaining to balancing budgets and running a business. This usurper named Barack Obama shows in this type of illogical thinking that he is clearly unfit for the job and lacks knowledge of economics. Lower taxes lines the pockets of the working American with more capital to spread his wealth among goods and services spurring growth across the industrial spectrum in the United States. The reason you keep taxes lower for business, is to allow them to invest that money in new hires, and capital
improvements. You are not putting the entire burden on the job creators. Right now it is the opposite and it is is why we have high unemployment under the usurper



Obama: ‘You Can’t Have a Modern Industrial Economy’ with Lower Taxes*|*Vision to America

Obama:
 
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grunt11b

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First of all, this is what happens when you have a person acting president who was elected with zero executive experience pertaining to balancing budgets and running a business. This usurper named Barack Obama shows in this type of illogical thinking that he is clearly unfit for the job and lacks knowledge of economics. Lower taxes lines the pockets of the working American with more capital to spread his wealth among goods and services spurring growth across the industrial spectrum in the United States. The reason you keep taxes lower for business, is to allow them to invest that money in new hires, and capital
improvements. You are not putting the entire burden on the job creators. Right now it is the opposite and it is is why we have high unemployment under the usurper



Obama: ‘You Can’t Have a Modern Industrial Economy’ with Lower Taxes*|*Vision to America

Obama:

I agree with you 100%.
 

Lakhota

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I would guess the Army doesn't brag about USAR or use him for recruiting purposes.
 

Lakhota

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obama.jpg
 

auditor0007

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First of all, this is what happens when you have a person acting president who was elected with zero executive experience pertaining to balancing budgets and running a business. This usurper named Barack Obama shows in this type of illogical thinking that he is clearly unfit for the job and lacks knowledge of economics. Lower taxes lines the pockets of the working American with more capital to spread his wealth among goods and services spurring growth across the industrial spectrum in the United States. The reason you keep taxes lower for business, is to allow them to invest that money in new hires, and capital
improvements. You are not putting the entire burden on the job creators. Right now it is the opposite and it is is why we have high unemployment under the usurper



Obama: ‘You Can’t Have a Modern Industrial Economy’ with Lower Taxes*|*Vision to America

Obama:

Absolutely wrong, wrong, and wrong again. And the proof is in the pudding. We have reduced taxes to the lowest rates in over 60 years, and guess what? Businesses are sitting on over $2 trillion in cash. They are not creating new jobs with all that excess wealth. Just the opposite, they are keeping that money out of the economy. If there were higher taxes, the government would distribute that money back into the economy one way or another, and it would create positive economic activity.

You can't keep spewing the same bullshit that lower taxes is the answer to everything when the proof is right before our eyes in the fact that lower taxes have not worked to create greater economic activity. I supported that idea for many a year, but we took it too far and it is killing us.
 

jgarden

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Total Tax Revenue by country, as a percentage of Gross Domestic Product (2007)

Country - Tax % - S&P rating
*********************
Austrailia 30.8% - S&P AAA

Austria 42.3% - S&P AAA

Canada 33.3% - S&P AAA

Finland 43.0% - S&P AAA

France 43.5% - S&P AAA

Germany 36.2% - S&P AAA

Italy 43.5% - S&P A

Japan 28.3% - S&P AA-

South Korea 26.5% - S&P A

Netherlands 37.5% - S&P AAA

Norway 43.6% - S&P AAA

Sweden 48.3% - S&P AAA

Switzerland 28.9% - S&P AAA

United States 28.3% - S&P AA+

http://squirrelers.com/2010/09/01/1132/
http://en.wikipedia.org/wiki/List_of_countries_by_credit_rating
If the critics actually took the time to research the facts before passing judgment (something conservatives rarely do), they would find that Obama is actually right.

No modern industrial nation that is being operated in a sound fiscal manner (with a S&P AAA rating), has a total tax revenue/GDP as low as the US!
 
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Skull Pilot

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Total Tax Revenue by country, as a percentage of Gross Domestic Product (2007)

Country - Tax % - S&P rating
*********************
Austrailia 30.8% - S&P AAA

Austria 42.3% - S&P AAA

Canada 33.3% - S&P AAA

Finland 43.0% - S&P AAA

France 43.5% - S&P AAA

Germany 36.2% - S&P AAA

Italy 43.5% - S&P

Japan 28.3% - S&P AA

South Korea 26.5% - S&P

Netherlands 37.5% - S&P AAA

Norway 43.6% - S&P AAA

Sweden 48.3% - S&P AAA

Switzerland 28.9% - S&P AAA

United States 28.3% - S&P AA+
If the critics actually took the time to research the facts before passing judgment (something conservatives rarely do), they would find that Obama is actually right.

No modern industrial nation that is being operated in a sound fiscal manner (a S&P AAA rating), has a total tax revenue/GDP as low as the US!

What are those country's ratio of debt to gdp?

We don't have a revenue problem.
 

jgarden

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Total Tax Revenue by country, as a percentage of Gross Domestic Product (2007)

Country - Tax % - S&P rating
*********************
Austrailia 30.8% - S&P AAA

Austria 42.3% - S&P AAA

Canada 33.3% - S&P AAA

Finland 43.0% - S&P AAA

France 43.5% - S&P AAA

Germany 36.2% - S&P AAA

Italy 43.5% - S&P

Japan 28.3% - S&P AA

South Korea 26.5% - S&P

Netherlands 37.5% - S&P AAA

Norway 43.6% - S&P AAA

Sweden 48.3% - S&P AAA

Switzerland 28.9% - S&P AAA

United States 28.3% - S&P AA+
If the critics actually took the time to research the facts before passing judgment (something conservatives rarely do), they would find that Obama is actually right.

No modern industrial nation that is being operated in a sound fiscal manner (a S&P AAA rating), has a total tax revenue/GDP as low as the US!

What are those country's ratio of debt to gdp?

We don't have a revenue problem.
It took me less than 30 seconds to find a source for each "country's ratio of debt to gdp" - but when did it become MY responsibility to hold your hand and research YOUR arguments?

When any government consistently spends more than it receives in taxes, then of course it has a revenue problem.

Before you feed me the Republican/Tea Party reduce spending "party line," keep in mind that Obama is the only Democratic president since the end of WW2 that has actually increased the national debt/GDP ratio.

The major increases in government spending can be directly attributed to Reagan (20.6% debt/GDP increase), GHW Bush (13.0% debt/GDP increase) and GW Bush (27.8% debt/GDP increase). This also coincided with a series major tax cuts (voodoo economics) that was supposed to stimulate economic growth and in turn compensate for lost government revenue - it never happened!

When Obama entered the the White House in 2009, he was faced with 2 wars, an economic meltdown and a national debt that had already skyrocketed to 84% of GDP.

http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms
 
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editec

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First of all, this is what happens when you have a person acting president who was elected with zero executive experience pertaining to balancing budgets and running a business. This usurper named Barack Obama shows in this type of illogical thinking that he is clearly unfit for the job and lacks knowledge of economics. Lower taxes lines the pockets of the working American with more capital to spread his wealth among goods and services spurring growth across the industrial spectrum in the United States. The reason you keep taxes lower for business, is to allow them to invest that money in new hires, and capital
improvements. You are not putting the entire burden on the job creators. Right now it is the opposite and it is is why we have high unemployment under the usurper



Obama: ‘You Can’t Have a Modern Industrial Economy’ with Lower Taxes*|*Vision to America

Obama:


According to the past behavior of both parties, we can have anything we want AND LOW taxes, as long as we're willing to rack up debt.

Hell!~ Bush II put the Iraqi war on a credit card and nobody seemed to mind/


No doubt many of cheered as he borrowed and borrowed for that war.


Profligate much?
 

bripat9643

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Absolutely wrong, wrong, and wrong again. And the proof is in the pudding. We have reduced taxes to the lowest rates in over 60 years, and guess what? Businesses are sitting on over $2 trillion in cash. They are not creating new jobs with all that excess wealth. Just the opposite, they are keeping that money out of the economy. If there were higher taxes, the government would distribute that money back into the economy one way or another, and it would create positive economic activity.

You can't keep spewing the same bullshit that lower taxes is the answer to everything when the proof is right before our eyes in the fact that lower taxes have not worked to create greater economic activity. I supported that idea for many a year, but we took it too far and it is killing us.

The idea that raising taxes improves the economy doesn't pass the last test. You don't improve economic output by giving taking money from productive people and giving it to useless parasites. Money is sitting on the sidelines precisely because employers have no idea how much this president is going to raise their business costs. It isn't because their taxes are too low. Only certified morons believe the government can do a better job of investing that private corporations. Solyndra is the ultimate proof of that.
 

Truthmatters

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First of all, this is what happens when you have a person acting president who was elected with zero executive experience pertaining to balancing budgets and running a business. This usurper named Barack Obama shows in this type of illogical thinking that he is clearly unfit for the job and lacks knowledge of economics. Lower taxes lines the pockets of the working American with more capital to spread his wealth among goods and services spurring growth across the industrial spectrum in the United States. The reason you keep taxes lower for business, is to allow them to invest that money in new hires, and capital
improvements. You are not putting the entire burden on the job creators. Right now it is the opposite and it is is why we have high unemployment under the usurper



Obama: ‘You Can’t Have a Modern Industrial Economy’ with Lower Taxes*|*Vision to America

Obama:

We have had low taxes for over a decade WHERE ARE THESES JOBS YOU CLAIM WILL COME??????


Your ideas have failed, we dont need more years of them to prove they have failed.
 

editec

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When demand is out of balance with supply, the economy will faulter.

We've coddled the supply side for about 30 years.

Time to balance the scale.
 

G.T.

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Except, it would be what AN idiot, idiot.
 

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