Thanks
The media is spinning Rio and Olympics on the worst day of unemployment news in the last 3 decades.
Rio, on the other hand, gained jobs, their economy grew at 1.2% and they’ve turned the corner.
How?
Tax Cuts.
Got to send a message come 2010, clean house America and lets have TAX CUTS!
Lower taxes, AND Brazil taps their own natural resources. We, on the other hand, in the name of being environmental and progressive, do not.
Unemployment in the States will go beyond 10%. Count on it, especially if they raise taxes on people and business.
And I do not think they terrorize businesspeople. After a brief spell with Communism and millions dead the Chinese have in essence learned not to hate people who make money and succeed. Third World countries very quickly learn the value of hard work and I am sure they are already forming a business plan to host the Olympics and make a fortune out of it.
How?
Tax Cuts.
Hence the reason why for my tagline.
Even communist/marxist countries have learned how communism/marxism/socialism fails economically. So what do they do? They adopt the free-market, captialistic principles that once made America great. Now, they are still totalitarian regimes. But, because their economies are healthy, they have less threat of revolt and overthrow from their serfs.
Meanwhile, back at the ranch, Obammie the Commie is busy installing the old failed SOVIET economic policies of the last 80 years.