Posted on 05/23/2012 10:54:12 AM PDT by Chris in VA
Despite liberal protestations to the contrary, the economy will not get better under Obama. All historical and economic indicators point to, at best, a stagnant economy propped up by an administration willing to bankrupt the country to maintain hold of political power using failed progressive policies.
(Excerpt) Read more at americanlivewire.com ...
But the possibility of Obama's re-election will hang as a sword over small business. Once it is clear he will not be re-elected, we should see some rebound. Might be quite strong, actually, as I think there are a lot of business expansion ideas sitting on the shelf because people are afraid to hire.
But the possibility of Obama's re-election will hang as a sword over small business. Once it is clear he will not be re-elected, we should see some rebound. Might be quite strong, actually, as I think there are a lot of business expansion ideas sitting on the shelf because people are afraid to hire.
Maybe that’s the intent...
-—I think there is a small chance we may see a re-bound if the Supreme Court strikes down ObamaCare entirely.-—
I’m sure of it. The defeat of Bozocare would mean Obama’s defeat in November, leading to a bull market... which could help him get reelected.
Ugh.
The economy isn’t government. It is private enterprise that Obama is working to destroy. The only way the economy is going to turn around is through policies that make it easier for private enterprise to operate in this environment. Lower corporate taxes to encourage businesses to return to America. Lower capital gains taxes, or eliminate them, eliminate unnecessary regulations that delay progress. Do everything possible to lower energy prices and create an abundance of energy, real energy, not pie-in-the-sky, defaulting green energy. ...But that’s only the beginning. Obama will never figure it out.
Don’t sweat it ... if Obama starts to rise in the polls, the markets will take a nosedive.
Good point.
It is possible for the economy to improve, simply because it had hit rock bottom. No doubt that it would be MUCH BETTER if Obama was not at the helm, but I think there could be improvement, despite the man.
Obama is about the most anti-business president I have seen in my lifetime. Yet, businesses have to still consider the possibility that they have to deal with him — talk about a catch 22.
It will rebound if he is defeated in November.
Talk about a catch 22 — but Bozocare has to go.
Now that I could see happening — unfortunately.
Thought I would share something —
According to the DOL BLS, the following states had unemployment rates 8.1% or higher (which I believe is the current unemployment rate) as of April 2012:
•Nevada — 11.7% (Went for Obama in 2008)
•Rhode Island — 11.2% (Independent Governor – Went for Obama in 2008)
•California — 10.9% (Democratic Governor – Went for Obama in 2008)
•Washington, DC — 9.5% (Democratic Mayor – Went for Obama in 2008)
•North Carolina — 9.4% (Democratic Governor – Went for Obama in 2008)
•New Jersey 9.1 % — (Governorship changed parties in 2010; Went for Obama in 2008)
•Georgia 8.9% —
•South Carolina 8.8% —
•Illinois — 8.7% (Democratic Governor – Went for Obama in 2008)
•Florida 8.7% (Went for Obama in 2008)
•Mississippi 8.7%
•New York — 8.5% (Democratic Governor – Went for Obama in 2008)
•Oregon 8.5% (Democratic Governor – Went for Obama in 2008)
•Michigan — 8.3% (Governorship changed parties in 2010 – Went for Obama in 2008)
•Kentucky 8.3% (Democratic Governor)
•Arizona 8.2
•Washington 8.1% (Democratic Governor – Went for Obama in 2008)
Some interesting stats —
•10 of the 17 states had Democrat governors at the time Obama was elected. Only 2 changed parties after his election.
•12 of the 17 went for Obama in 2008
But the Democrats are the ones who know how to create jobs — note sarcasm.
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