Monday, September 12, 2011
If Obama wanted to do it right...
If Obama wanted to create jobs he would do like Reagan. But don't hold your breath.
Obama has unveiled his Jobs Plan. All it will cost you is another $467 Billion tax increase. His new Stimulus program will fail like the others have already. They are based on a agenda and not reality. Obama pitched his plan by playing up job losses and the stalled economy, ditching his previous claims that economic growth had returned. Perhaps the loss of 500 or more jobs by a company in Texas due to EPA regulations helped Obama to tell the truth.
The majority of the tax increase comes from $400 billion generated from small business across America. His goal to get even more people working for the government means he must take from the private sector. The area that creates jobs will be the first victim of his Jobs Bill.
Back in 2010 The House Ways and Means Committee released a list of the more than $670 billion in tax increases that Democrats have signed into law since January of 2009, when Barack Obama took office. They include “at least 14 violations of the President’s pledge not to raise taxes on Americans earning less than $200,000 for singles and $250,000 for married couples,” totaling more than $316 billion in tax increases for middle class families.
In all truth we will all get the Bill for the massive debt Obama is determined to force on the nation with the addition of even more failed stimulus spending. But what can you expect from a failed leader like Obama.
If Obama wanted to create jobs he would do like Reagan But don't hold your breath.