Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (80561)	3/8/2010 11:51:14 AM
From: JakeStraw	1 Recommendation Read Replies (1) of 224749

A Big Snow Job investors.com In February, the Gallup report shows, some 19.8% of Americans reported that they were underemployed or not employed at all. That's one out of five workers — and even more than the 15 million unemployed estimated by the government. What's troubling is the obliviousness of Washington to this problem — the utter cluelessness they have about the most basic economic principles that guide our economy. With businesses struggling and fearful about the future, all the talk in Washington is about more reckless spending and taxing. They push ahead with a $2.5 trillion plan to take over 17% of the economy, while both Social Security and Medicare run on fumes and hover near bankruptcy. Meanwhile, Democrats think of the tax bonanza they'll get from letting President Bush's 2003 tax cuts expire at the end of this year, but don't consider that it will devastate the economy. Add to that cap-and-trade, new "fees" levied on banks, and the Obama administration's pledge to hammer those with incomes above $200,000 — that is, our entrepreneurial class — with higher taxes, and it's not hard to see why new jobs aren't being created. Talk of a business-killing "value-added tax" emerging from President Obama's deficit commission isn't helping, either.

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