The orange didn't do shit....he's riding on Obama's wave, he is busy tweeting and campaigning.....I have never seen a president busy campaigning for other politicians like this fool.
An "Obama" wave? Tell me
WHY would businesses want to hire more people if with just this ONE example of how Obama was so ignorant of how businesses worked as exemplified by the attached.
Obviously you and your uninformed NEVER heard about these two aspects of many aspects that stifled economic growth.
1) Were you aware that tanning salons were taxed an additional 10% for one reason? Supposedly tanning caused cancer. Well the ignorant people of
Obamacare thought that by TAXING an industry MORE that would reduce cancer because of why? People wouldn't pay more to be taxed to be tanned!
It certainly wasn't a tax revenue generator:
There were twenty new or higher taxes in Obamacare. The very first one to go into effect--on July 1, 2010--was the tanning tax. What is it, and how has it fared?
According to the
American Suntanning Association, nearly 10,000 tanning salons have closed since the tax went into effect.
This has resulted in the loss of nearly 81,000 jobs, according to industry estimates.
Prior to Obamacare, there were over 18,000 tanning salons in America--now there are just over 8500.
Prior to Obamacare, over 164,000 people worked for tanning salons, including the self-employed proprietors. Now that number is down to 83,000, almost exactly half of what was there before.
When Obamacare was passed, the tanning tax was
expected to raise $2.7 billion over the first decade of its existence.
Five years into that decade, it has raised less than $500 million. For the decade, the industry projects it's on pace to throw off only $840 million--about a third of what was expected. Annual compliance costs are estimated by the industry to run over $11 million per year, so the tax yield from this is pretty pathetic.
Obamacare's Tanning Tax Turns Five
So this is how Obama incentivized at least this one industry? Wow... the geniuses at Obamacare said OH it will spin off $2.7 billion...
Hmmm... 164,000 people worked before in the tanning industry... after 5 years down to 83,000! Hmmm... I wonder what kind of federal income taxes coming Payroll taxes that was lost?
Average Tanning Salon hourly pay ranges from approximately
$8.62 per hour for Sales Associate to
$10.43 per hour for Customer Service Representative.
Tanning Salon Salaries in the United States | Indeed.com
So if 81,000 tanning employees were laid off and they and their employer paid annually 12.4% of their wages: that meant payroll taxes revenue loss/year
$180,084,902! And this also doesn't count the fact those 18,000 tanning salons paid income taxes also and now there are 9,500 FEWER tanning businesses!
So not only did the 10% tax NOT work, but it cost 81,000 people's jobs who then went on to unemployment benefits!
Cost 9,100 small businesses to quit and not pay payroll taxes or income taxes.
Yea really brilliant planning and you idiots think Obama's economic plans helped in the recovery?
READ further in the above article by Forbes want the net effect of the other 19 tax programs were!
Then READ the attached to see how "business savvy" Obama was!
Even his architect of Obamacare said it required the stupidity of voters(evidently like you ISSA...) to pass this idiocy!