Oh, YES the Gov. benefits will stop...it is NOT sustainable, that will be where the first cuts begin. Getting people dependent on benefits is the start, take take take, and then the bottom drops out from all of those people riding the gravy train. Then what? This is then plan folks, getting people all cozy comfy feeling good with all the entitlement handouts....then BAMMmmmm. S.O.L. Lots of people will be holding the bag (of feces) with NO pot to Pi$$ in... watch and see.
WAIT until next year... Obama does not want to extend the Bush tax cuts which means a TAX INCREASE for everyone across the board. It is a FACT that everyone will pay higher taxes, not just the evil 1% fat cats entrepreneurs as Obama claims. THIS EFFECTS EVERYBODY, and yes it will effect those who do not want to work because there will be even less money in circulation, and those who do collect government benefits will also pay more. I will NOT hire anybody NEW due to this increase, I can't afford it and nobody else will either.... so money will get even tighter
It wasn't so much investing in infrastructure and providing jobs, was a bad idea, provided the understanding they were temporary was taken into account.
But any 5 year old could tell you, that you don't hand over $800 billion to cash strapped states first, knowing they divert the money to balancing their budgets. That's like having a 16 year old boy owing for parking tickets, handing him $100 cash on a Friday night, expecting him to use the money to pay the fines Monday morning
We are a consumer based economy, now that so much of our manufacturing jobs have left. As a consumer economy, we can only have economic growth if consumers have increased money to spend. That money will not magically appear, it needs to come from somewhere. That is where government programs such as the American Jobs Act come in. That act is forecast to create 1.9 million jobs, and pay for itself over the next 10 years because of increased tax receipts. It includes tax breaks for small businesses, which had been proposed several times by Republicans.
But Republicans blocked it, so it has not passed. They want the economy to be terrible because they think that helps them win votes.
America couldn't afford his first election. If Broke OWEBlamer (Jimmy Carter 2.0) is elected for a 2nd term, he can reach his goal to keep unemployment at record highs while America's GDP growth remains at 1.3% which is UNBELIEVABLE since it was growing at 11% when he was elected. There's no way he could be any more of an EPIC FAILURE.
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I lost my job. My life lost her job. All my friends lost their jobs. Doubt I can stand much more of this recovery. I remember the good old days.
Average annual unemployment rate for George W. Bush
Year..............Average
2001.............. 4.8
2002.............. 5.8
2003.............. 6.0
2004.............. 5.5
2005.............. 5.1
2006.............. 4.6
2007.............. 4.6
2008.............. 5.8
Oh, YES the Gov. benefits will stop...it is NOT sustainable, that will be where the first cuts begin. Getting people dependent on benefits is the start, take take take, and then the bottom drops out from all of those people riding the gravy train. Then what? This is then plan folks, getting people all cozy comfy feeling good with all the entitlement handouts....then BAMMmmmm. S.O.L. Lots of people will be holding the bag (of feces) with NO pot to Pi$$ in... watch and see.
https://www.fidelity.com/viewpoints/spec%E2%80%A6
WAIT until next year... Obama does not want to extend the Bush tax cuts which means a TAX INCREASE for everyone across the board. It is a FACT that everyone will pay higher taxes, not just the evil 1% fat cats entrepreneurs as Obama claims. THIS EFFECTS EVERYBODY, and yes it will effect those who do not want to work because there will be even less money in circulation, and those who do collect government benefits will also pay more. I will NOT hire anybody NEW due to this increase, I can't afford it and nobody else will either.... so money will get even tighter
It wasn't so much investing in infrastructure and providing jobs, was a bad idea, provided the understanding they were temporary was taken into account.
But any 5 year old could tell you, that you don't hand over $800 billion to cash strapped states first, knowing they divert the money to balancing their budgets. That's like having a 16 year old boy owing for parking tickets, handing him $100 cash on a Friday night, expecting him to use the money to pay the fines Monday morning
We are a consumer based economy, now that so much of our manufacturing jobs have left. As a consumer economy, we can only have economic growth if consumers have increased money to spend. That money will not magically appear, it needs to come from somewhere. That is where government programs such as the American Jobs Act come in. That act is forecast to create 1.9 million jobs, and pay for itself over the next 10 years because of increased tax receipts. It includes tax breaks for small businesses, which had been proposed several times by Republicans.
But Republicans blocked it, so it has not passed. They want the economy to be terrible because they think that helps them win votes.
As of now some dollar store items will be worth a small fortune in food stuffs to the right person.
America couldn't afford his first election. If Broke OWEBlamer (Jimmy Carter 2.0) is elected for a 2nd term, he can reach his goal to keep unemployment at record highs while America's GDP growth remains at 1.3% which is UNBELIEVABLE since it was growing at 11% when he was elected. There's no way he could be any more of an EPIC FAILURE.
http://www.dailyfinance.com/2012/09/27/u-s-gdp-gre...
http://www.politifact.com/truth-o-meter/promises/o...
It's too bad the liberal mainstream media continues to ignore the FACTS!!!!!!!!!!!
He is recovering the USA back to the primitive land it once was, inhabited by people who never invented the wheel....
many Obama supporters
government check
government food stamps
public housing
public transportation
or
union jobs
government jobs
both will large benefit packages.
THEY CAN AFFORD THE OBAMA RECOVERY
the rest of us can't.....
Well, until the Yellow Credit Card is maxxed out. Or would you prefer soup kitchens for the 47%??
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