Here's yet another installment of all that "change" people were so hungry for. A change back to the Carter years. These taxes will hurt businesses, and new business creation (created by those evil rich people, grr, tax 'em more). High taxes discourage anyone from investing in business in America, which "trickles down" to people being unemployed and dependent on gov't, which further increases the need for higher taxes. Get the picture?
We need to be sharply cutting taxes to encourage entrepreneurship and investment and stop punishing the achievers and propping up the losers by taxing the snot out of company profits and those "evil rich people" and burying our grandchildren with debt they had no say in. Heck, they rigged this up now where the People can't even stop the printing of money now to bail out the losers, which breeds more losers.
We need to get all able-bodied people on welfare and government assistance off of it and stop rewarding bums for being bums. Obama's policies reward the losers by removing the work requirement for welfare from the 1996 Welfare reform. They also reward states for increasing their SCHIP and welfare rosters. Breeding slaves to gov't and a dependable voting base.
Does anyone think about the future progression of consequences from all this "Change" or is everyone content to trust "His Majesty" to whisper sweet sounding rhetoric in their ears and trust that everything will be ok. That man is lying every time he speaks. No earmarks? Every spending bill they pass IS an earmark. Everything he is doing is historically proven to make a recession into a depression. FDR's New Deal extended the depression by seven years. His own treasury secretary, seven years into the New Deal, admitted deficit spending doesn't fix a depression. That history has been hidden by the leftist textbooks, all of academia, and his swooning media.
We are losing our country to a bunch of power hungry, self-obsessed, socialists. They love a crisis and benefit from keeping it going, because they use it to pass legistlation that is advertised to fix the crisis but is actually a cover for increasing their power and control over people and the markets.
Read the following definitions from Merriam-Webster and tell me we aren't implementing elements of these poisonous ideologies that have caused incalculable human suffering and millions of deaths in the recent history. This is the flavor of "Change" Obama wants, which may be a little different than what his followers were thinking. It's coming in little bits and pieces, well, now it's chunks.
Fascism
1 often capitalized : a political philosophy, movement, or regime (as that of the Fascisti) that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition
2: a tendency toward or actual exercise of strong autocratic or dictatorial control
Statism
concentration of economic controls and planning in the hands of a highly centralized government often extending to government ownership of industry
Socialism
1: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
2 a: a system of society or group living in which there is no private property
b: a system or condition of society in which the means of production are owned and controlled by the state
3: a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done
These ideologies have led to great human suffering in history. Not a good idea for America.
Educate Yourself,
Ben
