Re: Stop Welfare….. and all Government taxing that is out of contr
Posted by: “Dawn”
Wed Nov 3, 2010 9:03 am (PDT)
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i thought this was an IT roundtable discussion group. if we want to talk about job opportunities then ok. I don’t understand the political tone this has taken.
This should be apolitical, focusing on jobs, not politics.
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Dear Ms. Dawn:
Taken off the mailing list to calm the off-topic traffic down.
Unfortunately the political meddling has taken it’s toll on the economy. Many, including myself, are casualties of the bad economy. It doesn’t take long to realize that there are ‘structural reasons’ why businesses are not hiring:
* Uncertainty — with Obamacare — no one knows how much an employee is going to cost in 2011 and beyond;
* Higher taxes — with the expiration of the Bush tax cuts, the Gooferment is going to take a bigger cut of any profits. That increases the ‘hurdle rate’ as well as the implied rate of return required for any new project. That gets factored into the risk calculation. So business is “frozen”
* Higher political risk — Gooferment Motors demonstrated that the politicians and bureaucrats will seize the assets of bondholders, like it was a two bit South American dictatorship, for the benefit of the powerful labor unions, the brokerage houses, and the banks. Why would you ever loan money to anyone when it can lost in the blink of a politician’s eye.
I have a bunch more examples of the chilling effect that the Gooferment has had on the economic climate. But three’s enough.
The reason that the firestorm started is some deluded fool suggested that more unemployment benefits was a good thing that Washington should do. And, implied that the Democratic Party was the more charitable organization. A lot of folks who’s nerves are frazzled, like mine, just descended upon that. Neither Party is “charitable”; nor should they be “charitable” with stolen wealth. Fiscal austerity in the Gooferment is what is needed. Less welfare, and less warfare, and less Gooferment is the bitter pill.
That’s why the political tone. Jobs, the economy, and prosperity are now in the political arena. To think that you can now separate them is naive. It’s like looking for a deck chair on the Titanic … as it’s sinking.
imho, trying to change opinions, one person at a time,
fjohn
the big fat old turkey hisself
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