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John Boehner, on Sunday, suggested that he might be willing to support a tax package that included Barack Obama’s tax increase on job creators — those making more than $250,000.00 a year.There are some important points to consider.First, this tax increase is, according to the Democrats, a tax increase on the rich. This is code for “job creators.” Neither you nor I have ever met a poor man writing a paycheck. It is the rich who write paychecks. They are the job creators.Second, the Democrats insist upon equality. It is, even more so than tolerance, their chief virtue. Apparently, however, the Democrats are perfectly happy to treat job creators as something less than equal by raising the percentage they pay in taxes.Third, whether the Democrats like it or not, and they routinely try to deny it, it is from this pool of people the Obama tax increase would affect from which we see the most hiring, whether it be an employee for their business, a nanny, a gardener, or some other service provider. This Obama tax increase will cause trickle down unemployment.Fourth, the Republicans, out of necessity, need to stop talking about this as a Bush tax cut expiring and talk about an Obama tax increase because that is what it is.Lastly, and most importantly, Democrats respond to all of this and ask where all the jobs are if those tax cuts worked so well. The jobs were there until the Democrats took back Congress in 2007 and created gobs of uncertainty as to the fate of the tax cuts and, due to the uncertainty, sent the economy in the tank.Democrats, in their support of the Obama tax increase on job creators, are showing they have learned absolutely nothing about creating jobs.Please click here for the rest of the post.
- Thanks to the Democrats, we spent 800 billion on a stimulus package that didn’t work.
- Thanks to the Democrats, we allocated 92 billion of that money (meant to be spent on, well, things that would stimulate the economy) on renewable energy policies.
- Thanks to the Democrats, we’ve managed to spend only about 20 billion of that money in a year and a half (remember; this was supposed to be emergency spending).
- Thanks to the Democrats, our best-case scenario (via those mad optimists in the White House) is that the money spent netted us 191K jobs, or $105K a job. The Department of Energy estimates 82K jobs, or $244K/job.
- And, thanks ever so much to the Democrats, “as much as 80 percent of some green programs, including $2.3 billion of manufacturing tax credits, went to foreign firms that employed workers primarily in countries including China, South Korea and Spain, rather than in the United States.”
You know, it used to be that you could count on the Democratic party to be provincial and short-sighted obstructionists when it came to putting the brakes on international trade, sure – but at least they used to know how to be competent provincial and short-sighted obstructionists. This is embarrassing.Please click here for the rest of the post.
With the backing of the Obama Administration, the U.S. Export-Import Bank intends to guarantee $1 billion in loans to PEMEX, the Mexican government’s national monopoly oil company. The reason for the loans is to encourage PEMEX to buy supplies and services from American providers.Please click here for the rest of the post.
November 2nd, 2010, will be a big day in American history. It’s the day we vote in the midterm elections that will likely see historic Republican gains in both houses of Congress. It’s also the day that the United States Supreme Court considers the case of Schwarzenegger v. Entertainment Merchants Association.This case stems from a 2005 California law that prohibited the sale of “unsuitable” video games to minors. The Entertainment Software Rating Board has long helmed a voluntary industry endeavor to rate the appropriateness of video games — and it’s been an acknowledged success, with the Federal Communications Commission citing it as a model for other creative-content efforts to protect families and children. According to the FCC, “the video game industry … provides one of the most robust voluntary rating systems available.” That’s good news if you’re a believer in private and voluntary initiatives rather than government-mandated standards.Unfortunately, that wasn’t enough for the Democrats and liberals who control Sacramento.Please click here for the rest of the post.