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Obama's Goose is Cooked
Townhall Finance ^ | July 7, 2912 | Larry Kudlow

Posted on 07/07/2012 6:14:31 AM PDT by no dems

Obama needed a filet mignon in the June employment report. But instead he got a rubber chicken.

Only 80,000 new jobs were created last month, way below Wall Street expectations. It’s the fourth consecutive monthly disappointment. For a few months last winter, jobs were rising at an average of 225,000 a month. But that has sloped way down to only 75,000. The unemployment rate continues at 8.2 percent, which is the forty-first straight month above 8 percent. The U6 unemployment rate, which includes discouraged workers, is just under 15 percent.

As voters finalize their election impressions this summer, all of this is bad news for the Chicago incumbent.

In a campaign stop in Ohio on Friday, Obama actually said we’re still “heading in the right direction.” Is he kidding? As a stagnant GDP drops below 2 percent, employment falters, retail sales decline, and the ISM index for manufacturing drops below 50 (signaling contraction)? No objective observer can deny that the economy is headed in the wrong direction.

I don’t like playing the pessimist, but the numbers are the numbers. This is exactly what former Clinton advisers James Carville, Doug Schoen, and Stanley Greenberg have been warning Obama about. People just don’t believe the economy is getting better. So he’s gotta change his message.

But what change? Taxing rich people won’t create jobs. Neither will bashing Bain Capital. Obama is surrounded by leftist campaign advisers. And it’s hard to see them shifting gears to something constructive like making a summer deal to extend the Bush tax cuts for a year, or heaven forbid backing off the 20-some-odd tax hikes embodied in Obamacare.

In other words, Obama’s goose may already be cooked.

The Joint Economic Committee (JEC), spearheaded by Texas congressman Kevin Brady, put out a report saying that the Obama recovery now ranks dead last in modern times. That’s a real milestone in the post-WWII era. It’s ten out of ten for both jobs and economic growth. According to the Bureau of Economic Analysis, real GDP has expanded only 6.7 percent over the eleven-quarter recovery since the recession ended. The Reagan recovery at the same stage had increased by 17.6 percent. The Clinton recovery by 8.7 percent.

As for jobs, the Bureau of Labor Statistics reports that the number of private-sector jobs has grown by only 4.1 percent since the cyclical low point. Reagan’s record was 10.7 percent.

So much for Obamanomics. Didn’t work. Still isn’t working. As the JEC put it, spending stimulus, housing bailouts, auto bailouts, financial bailouts, cash for clunkers, cash for caulkers, and $5 trillion in deficit spending left the Obama recovery dead last in modern times.

Whatever happened to the great boom of the ’80s and ’90s, when the animal spirits were strong and the American economy wasn’t held hostage by Europe or China? In an odd twist, both Obama and his top economist Alan Krueger blame “problems built up over decades.” Does that mean they blame Clinton? Reagan?

For nearly 25 years -- during those bad old decades -- the economy increased 3.3 percent annually. Unemployment dropped from 11 percent to 6 percent to 5 percent to below 4 percent. Obama would swoon for numbers like that. But those statistics come from the era when big government was over, when pro-market forces stopped the expansion of Leviathan, and when marginal tax rates were slashed to grow the economy.

Now the question is, with Obama’s economic goose cooked, does Mitt Romney have what it takes to win the election and provide a pro-growth economic model that will restore prosperity at home and America’s number-one position around the world?

Some powerful figures -- including Rupert Murdoch, Jack Welch, and even my brothers and sisters at the Wall Street Journal editorial page -- have taken shots at Romney in recent days. But I am more optimistic. In response to his critics on the day of the bad June jobs report, Romney talked about expanding energy resources, approving the Keystone pipeline, cutting taxes, and increasing trade with Latin America. He reaffirmed his intention to cut federal spending and eliminate programs.

Basically, Romney is promising a return to free-market, supply-side policies on taxes, trade, regulation, and spending. Hopefully he will embrace a sound and stable dollar as well. I still believe Romney is the most underrated politician in America today, and that he’s the most conservative Republican standard bearer since Ronald Reagan.


TOPICS: Business/Economy; Editorial; News/Current Events; Politics/Elections
KEYWORDS: 2012issues; bho2012; bhoeconomy; economy; elections; goose; kudlow; layoffs; obama; romney; taxes
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Romney is promising a return to free-market, supply-side policies on taxes, trade, regulation, and spending.... I still believe Romney is the most underrated politician in America today, and that he’s the most conservative Republican standard bearer since Ronald Reagan.

WOW! What a ringing endorsement from Larry Kudlow.
1 posted on 07/07/2012 6:14:43 AM PDT by no dems
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To: no dems

OK, all you Romney haters, go ahead. Spew your venom... tell me what a RINO I am for posting something “good” about Romney.... Tell me how you hope my mama’s dies from AIDS...... Go ahead; do your thing.


2 posted on 07/07/2012 6:15:55 AM PDT by no dems (On June 28th, they shoved ObamaCare down our throat. On Nov. 6th, we'll shove it up their ass.)
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To: no dems
The Chickens.....

Have come home...........

To ROOST!

3 posted on 07/07/2012 6:17:32 AM PDT by Paladin2
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To: no dems
...and that he’s the most conservative Republican standard bearer since Ronald Reagan.

Photobucket

4 posted on 07/07/2012 6:18:44 AM PDT by EGPWS (Trust in God, question everyone else)
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To: no dems

OK, all you Romney haters, go ahead. Spew your venom...

This country is 20% liberal and 40% conservative and 40% unorganized. So why has there never been a conservative candidate for the 40%?


5 posted on 07/07/2012 6:19:14 AM PDT by mountainlion (I am voting for Sarah after getting screwed again by the DC Thugs.)
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To: no dems

3.5 years in
the Baraqqi Depression grinds on


6 posted on 07/07/2012 6:22:53 AM PDT by nascarnation
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To: no dems

7 posted on 07/07/2012 6:22:53 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: mountainlion
So why has there never been a conservative candidate for the 40%?

Because 10% say their guy is more conservative, 10% say their guy is more conservative, 10% say their guy is more conservative, and 10% say their guy is more conservative.

8 posted on 07/07/2012 6:23:39 AM PDT by 1rudeboy
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To: no dems
Did you post something good about The Bishop?

Was it actually factually really real?

9 posted on 07/07/2012 6:23:58 AM PDT by rawcatslyentist ("Behold, I am against you, O arrogant one," Jeremiah 50:31)
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To: EGPWS

The guy is doing drugs, seriously. Either that or he’s totally gone off the rails.


10 posted on 07/07/2012 6:24:18 AM PDT by jmacusa (Political correctness is cultural Marxism. I'm not a Marxist.)
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To: no dems

Unemployment 8.2%??

Are all of those people on permanent disability counted?

What would that do to the numbers?

Whereas it might be hard to put an exact number on those who have chosen to drop out of the job market, the permanent disability number is a hard number.


11 posted on 07/07/2012 6:26:11 AM PDT by old curmudgeon
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To: no dems

The country continues to atrophy until DC starts to.....


12 posted on 07/07/2012 6:28:02 AM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: no dems

Not going to trash you,Explain the Promotion of Madden In Romneys CampaIgn,You Know Chief Sarah Palin Destroyer in the 2008 Campaign.
Why does Romney NOT understand this is an Ideological Campaign? Why is it that Rinos are Loath to Wave the Flag and point out that his opponent has done nothing but trash traditional American Values for his entire Term,and that includes his wife. Obama is going to sign on to the UN gun Ban Treaty on July 27th,decimating our second ammendment rights,Is Romney going to mention that or say unemployment is still 8.2percent? Do seniors who are now on Medicare know that their Medicare deduction from thier social security checks is going to Increase from 96. dollars a Month to 248. dollars a Month in 2014 because of obamacare? do you think they would like to Know that? I would think seniors might want to know that but I guess Romney does not think they do.


13 posted on 07/07/2012 6:28:09 AM PDT by ballplayer
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To: jmacusa

Never mind.

It is obvious that it is better to have for president a Muslim who is doing all he can to promote Islam, thereby bringing about the Caliphate than it is to elect a Mormon.


14 posted on 07/07/2012 6:30:16 AM PDT by old curmudgeon
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To: mountainlion

“So why has there never been a conservative candidate for the 40%?”

His name was Ronald Reagan....and the DC RInoCracy will never let his like inside the BeltWay again!!!

Put their nasty agenda back about 20years...between him and Gingrich in the 90’s.


15 posted on 07/07/2012 6:31:08 AM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: no dems

Obama could be marching his zombie supporters to the grave and they would be cheering O-bam-a, O-bam-a...


16 posted on 07/07/2012 6:33:18 AM PDT by dps.inspect (rage against the Obama machine...)
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To: EGPWS
Hmmm,

Was George H. W. a Reagan Conservative?

Was Robert Dole a Reagan Conservative?

Was George W. a Reagan Conservative?

Was John McCain a Reagon Conservative?

Well there you are folks, I don't think one has to be very far Right to be Right of all of the Republican "standard bearers since Ronald Reagan.

17 posted on 07/07/2012 6:34:22 AM PDT by Positive (Nothing is sadder than to see a beautiful theory murdered by a gang of brutal facts.)
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To: mountainlion

Define “conservative”. No way on God’s green earth 40% of the US population is for limiting government to the point of fiscal sanity. There are millions of “conservatives” that fight over public funds subsidizing their livelihoods and “charities” of choice.


18 posted on 07/07/2012 6:36:12 AM PDT by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians)
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To: no dems
Don't believe that for a minute. There are still more than enough fools, parasites, self hating White Liberals,those with a slave mentality to put bama back in the White House. obama is fully aware of this. This is why, in spite of what Limbaugh and Hannity say, he is not worried. Anyway,he knows that if worse comes to worse he has the Supreme Court in his back pocket. If necessary, Roberts, a hero and legal genius to some on this forum, will make another brilliant legal decision and save the day for him.

When obama starts getting nervous, things such as riots, Reichstag fires,and other "crisises" will begin to happen. Congress has already given him toe authority to arrest and detain indefinitely without trial anyone he pleases. All he has to do is declare an area a war or battle zone and those whom it pleases him to be "enemy combatants".

19 posted on 07/07/2012 6:36:12 AM PDT by sport
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To: no dems
The cards a dealt. Romney is our man. We can argue forever about who the best Republican would have been, but it does not matter now. If Obama is the other candidate and he wins our country will be France. Can you imagine Obama in a second term with nothing stopping him from crazy dictates. How about making most guns illegal? Taking the tax exempt status away from the Catholic church? Just a few thoughts. One thing still scares me and that is Hilary. If she somehow ends up on the ticket in either slot we may be finished!
20 posted on 07/07/2012 6:37:30 AM PDT by Plumres
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To: no dems

No trash talking. Romney is better than Bambi, only because he doesn’t intentionally want to destroy the country.

On the other hand I don’t think he will put together a hard core team, and we will end up with RINO output too often.

The Congress will have to be a cost cutting machine and Romney will need to sign a lot of spending cuts and bureau eliminations for the USA to get back on the rails.

The Departments to be eliminated or merged and the federal staff to be fired is huge. You could spend 4 years just on that, and maybe not get us back to pre bambi levels.

And a reminder on how LONG the recovery took after Reagan took office. A delay in action at the start of his term, will delay the recovery.

It doesn’t matter at this point, he has to win first. My vote won’t matter, the area I live in doesn’t even have Democrats on the ballot, the real election was the primaries where we kicked RINOs out and put Tea Party people in. No one here votes Democrat.


21 posted on 07/07/2012 6:39:11 AM PDT by King_Corey (www.kingcorey.com -- OpenCarry.org)
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To: mountainlion

Because the “good” Conservatives don’t run. (DeMint, Palin, Ryan, Jindal......)


22 posted on 07/07/2012 6:39:11 AM PDT by no dems (On June 28th, they shoved ObamaCare down our throat. On Nov. 6th, we'll shove it up their ass.)
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To: 1rudeboy

Exactly!!!


23 posted on 07/07/2012 6:39:46 AM PDT by no dems (On June 28th, they shoved ObamaCare down our throat. On Nov. 6th, we'll shove it up their ass.)
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To: ballplayer

Now how in the hell am I supposed to answer all you friggin’ questions? I don’t know. I’m not inside the head of the Romney team.


24 posted on 07/07/2012 6:41:41 AM PDT by no dems (On June 28th, they shoved ObamaCare down our throat. On Nov. 6th, we'll shove it up their ass.)
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To: mountainlion
Btw, “conservative” and “liberal” are idiotic labels that are designed to confuse the masses as well as neuter debates over specific issues.
25 posted on 07/07/2012 6:43:03 AM PDT by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians)
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To: ballplayer

Since you asked me a litany of question in your Post #13, let me ask you one question:

HOW THE F**K CAN WE SURVIVE FOUR MORE YEARS OF OBAMA?


26 posted on 07/07/2012 6:43:39 AM PDT by no dems (On June 28th, they shoved ObamaCare down our throat. On Nov. 6th, we'll shove it up their ass.)
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To: 1rudeboy

“Because 10% say their guy is more conservative, 10% say their guy is more conservative, 10% say their guy is more conservative, and 10% say their guy is more conservative.”

You nailed it!


27 posted on 07/07/2012 6:48:35 AM PDT by caver (Obama: Home of the Whopper)
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To: All

A simple question:

‘If America were a corporation, would you let this president keep his job?’

http://www.foxnews.com/opinion/2012/07/06/if-america-were-corporation-would-let-this-president-keep-his-job/


28 posted on 07/07/2012 6:52:43 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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To: Paladin2
roooooost....
29 posted on 07/07/2012 6:53:43 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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To: Travis McGee

30 posted on 07/07/2012 6:55:23 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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To: no dems

Im as Frustrated as you are,I have a Beautiful 2 year old Grandaughter and another on the way and I am Beside Myself with Fear and frustration,I could not understand why Romney was Chosen or maybe I do, the Country has been Playing out the String for decades,read Whitaker Chambers Book “Witness” you will see all the Strategies of the Communists being played out,I read it and I see it right in front of me and am Helpless to stop it. Create Chaos,then come riding in on your White Horse and say you have all the Answers,we are Seeing what Obamas answers are and they are ALL ANTIAMERICAN,but no one is saying it.


31 posted on 07/07/2012 6:56:12 AM PDT by ballplayer
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To: King_Corey
"Romney is better than Bambi, only because he doesn’t intentionally want to destroy the country."

So true, but it's good enough for me.

32 posted on 07/07/2012 6:57:11 AM PDT by DeaconRed (My vote in Nov will be dictated by my extreme hatred for ZERO and what he is doing to our country.)
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To: no dems

Im as Frustrated as you are,I have a Beautiful 2 year old Grandaughter and another on the way and I am Beside Myself with Fear and frustration,I could not understand why Romney was Chosen or maybe I do, the Country has been Playing out the String for decades,read Whitaker Chambers Book “Witness” you will see all the Strategies of the Communists being played out,I read it and I see it right in front of me and am Helpless to stop it. Create Chaos,then come riding in on your White Horse and say you have all the Answers,we are Seeing what Obamas answers are and they are ALL ANTIAMERICAN,but no one is saying it.


33 posted on 07/07/2012 6:57:19 AM PDT by ballplayer
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To: no dems
Taxing rich people won’t create jobs. Neither will bashing Bain Capital.

I'd love to see Romney use a line similar to this in a debate. That would be a hell of a lot better than when Clinton bit his lip and quietly said, "No attack ever fed a hungry child" after Bob Dole tore into his record.

34 posted on 07/07/2012 6:58:07 AM PDT by GenXFreedomFighter (Breitbart was right: If you don't vote for the Republican nominee , you are on the other side.)
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To: no dems

“heading in the right direction.”

The Obama said ~5 words.
His opposition is saying millions of words in response.
He has moved on, while his opponents talk themselves to death.


35 posted on 07/07/2012 6:59:05 AM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: no dems
Romney is promising a return to free-market, supply-side policies on taxes, trade, regulation, and spending.

I noticed that Kudlow didn't mention free-market for health care. So why is that? What makes health care different?

The problem with our health care system is the lack of free market policies.

36 posted on 07/07/2012 7:00:01 AM PDT by MulberryDraw (That which cannot be paid, won't be paid.)
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To: no dems

It is like Mark Levin says we have NO CHOICE...it is Mittens or hell....We need a conservative wing in the RINO Party...and that wing must have a convention before the primaries start to pick one candidate to run against the RINO..otherwise we lose every time..Reagan won it was one on one


37 posted on 07/07/2012 7:01:58 AM PDT by Hojczyk
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To: no dems

For a couple of months now, we’ve only been seeing the number of jobs created - no hoopla or reporting of the number of people that have applied for unemployment. I’m not saying it isn’t reported, but prominently in the news? No. Obama just goes back to his “4 million jobs created in 28 months crap” regardless that this number doesn’t even account for population increase....

My guess is those numbers are evern worse. He is probably the epitome of the affirmative action - incompetence bolstered by racial preference.


38 posted on 07/07/2012 7:04:01 AM PDT by Gaffer (NOVEMBER !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!)
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To: ballplayer

“Obama is going to sign on to the UN gun Ban Treaty on July 27th,decimating our second ammendment rights”

Impossible.

Rights cannot be decimated by a simple treaty.

Now, enforcing a treaty is another story. It will need to be clearly stated what any enforcement of said treaty will mean, and the Senate should be smart enough to know they should be keeping their dirty hands off the “rights” of the American people, but I’m not holding my breath on that one.


39 posted on 07/07/2012 7:08:56 AM PDT by wita
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To: mountainlion

You posted in part: So why has there never been a conservative candidate for the 40%?
****

There are two possibilities as I see it: 1) The conservative message is not accepted by enough people or 2) The conservative message has not been accurately or effectively presented.


40 posted on 07/07/2012 7:09:17 AM PDT by NCLaw441
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To: no dems

But conservatives complain about them too. We need to stop behaving like a circular firing squad. There are no perfect candidates, only better candidates and Romney is better than Obama.


41 posted on 07/07/2012 7:10:50 AM PDT by CityCenter
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To: Plumres
According the Klein book (The Amateur), Obama rejected Hillary in 2008 because Valerie Jarrett and Michelle didn't want Hillary to have an office there in the White House. The administration is a three-person operation: Obama, Michelle, Valerie. Everyone else is an underling who serves at the pleasure of Valerie Jarrett. No way they will change in 2012. Look at past Vice Presidents who were seen as a drag on the ticket--Spiro Agnew, Dan Quayle. They still weren't replaced. Hillary might bring in some votes but she would drive away others. Anyway Obama knows that Bill tried to get Hillary to run in 2012.
42 posted on 07/07/2012 7:15:03 AM PDT by Verginius Rufus
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To: no dems
The unemployment rate continues at 8.2 percent, which is the forty-first straight month above 8 percent.

Obama has been in office 42 straight months [including vacations and t-times].

Any wonder several 'journalists' and politicians are using the term new normal to describe several bad numbers -- job creation, unemployment, GDP, etc.? They are trying to head off the negatives as the election approaches.
43 posted on 07/07/2012 7:17:19 AM PDT by TomGuy
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To: sport

Unlikely, Obama is simply “one and DONE”.


44 posted on 07/07/2012 7:19:00 AM PDT by Biggirl ("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
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To: no dems
Of course Romney is better than Obama, but that isn't saying much at all. Obama is one of the most radical leftist in our nation, and every liberal Democrat out there who could possible win the presidency is better than him as well. It's easy to make Romney into something he's not when you are comparing him with Obama.

We were moving in the same wrong direction before Obama was ever even heard of; just at a slower pace. We were living under an unconstitutional federal government that we had proven couldn't be stopped. Obama just stepped it up to an entire new level making the disaster we all knew was coming at some point more inevitable. His actions have caused a greater number of people to finally realize that we are living under a tyrannical government that can't be fixed through federal elections. It's time to do something about it now. Hopefully we have enough support to be successful, but it's getting to the time to find out. Remember we have nothing to lose considering we are living under tyranny right now.

I'm not going to fight tooth and nail to get us back in the same mess we were in before Obama. The federal government is out of control with it's unconstitutional tyranny, and it has been for a long time. We have done all we could within the corrupt system, and it's completely pointless trying to work with this unconstitutional government to make the drastic changes that need to be made.

We will never be able to change our current federal government to be anywhere close to constitutional. It's way too far gone for that ridiculous idea. We have a president making blatant tyrannical decisions anyway he can without having any public support to do it legitimately. It's been done like this for a long time, it's just never been done so obvious and brazenly on such a massive scale like this. We have a supreme court chief justice who basically said he made his decision based on some ridiculous notion that had nothing to do with the constitution. He just surprised everyone with his unconstitutional political activism, but the other liberal judges are just as bad. They can't be dealt with in our unconstitutional system anymore than any of the other obvious unconstitutional tyranny we are enduring can be.

It's time for Conservatives to stop recognizing the authority of the federal government, and start working on electing state governments that aren't afraid to acknowledge, and confront, the federal governments tyranny. All you have to do is take a look at the tyranny our founding fathers endured to understand we are in the same situation now. I will not vote for Romney in a federal election because that does nothing but legitimize the tyrannical entity that would be opposed by our founding fathers. You couldn't solve all these problems electing an extremely conservative president who was willing to do everything he could, because the system is broken beyond repair.

It's time to either accept that you will always live under an unconstitutional tyranny that our founding fathers would not have accepted, or to start looking for alternative ways of achieving our freedom, such as getting states to confront the federal government on obviously unconstitutional mandates. It's time to start ignoring the courts, and everything else when it comes to our unconstitutional government. The most influential Conservatives in the media have basically said we are living under tyranny, but they are still looking at working within our system while admitting their hopelessness. It's time for them to start bringing up new ideas, and openly supporting revolution, while gradually introducing it in the correct time and way.

45 posted on 07/07/2012 7:22:14 AM PDT by ThermoNuclearWarrior (The time for our second revolution has come. It's our Constitutional right to overthrow tyranny.)
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To: no dems
Many are starting to wonder where/who Romney is.

    Take Off the Gloves, Mitt

    Friday, July 06, 2012 5:05:25 PM · by NCjim · 2 replies
    American Thinker ^ | July 6, 2012 | William L. Gensert

      Mitt Romney needs to get in Barack Obama's face. For our President with a compliant press and a multitude of minions, confronting the Republican candidate directly is not a necessity. Scurrilous sycophants will act in his stead as proxies with accusations and personal attacks. Mitt has no such luxury. He must transform himself into a latter-day Patton and "attack, attack, attack!" Nothing should be off the table.

I posted in another recent related thread:

46 posted on 07/07/2012 7:25:29 AM PDT by TomGuy
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To: no dems

If Obama’s goose is cooked, maybe Moochelle will eat it by mistake.

Problem solved.


47 posted on 07/07/2012 7:27:58 AM PDT by Former War Criminal (Who am I? Why am I here?)
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To: no dems

“Obama’s Goose is Cooked”

No: Obama has no goose in the pot, silly rabbit.

Obama is a tyrant. He has bypassed the laws of this country with distain, and shows no regard for Congress, the Supreme Court, or We the People. With all the levers of power at his disposal, and the thugs and Bolsheviks of the Left and the Chicago Way as his enforcers, no one dare keep him in check.

He does not honor the limited role of his position. He certainly will not honor the ultimate limitation of a fair election and a peaceful transition of power.

Kudlow, and most others, are talking about what kind of a poker hand Obama holds. They’re all ignoring the reality that Obama’s holding the dealer’s daughter hostage, and he’s hired a dozen professional gun slingers that have infiltrated the crowd in the saloon, and he’s installed his own corrupt sheriff in office, and he did not check his own .45 at the door. He doesn’t care about his hand all that much. He’s not playing the same game everyone else is playing.


48 posted on 07/07/2012 7:29:41 AM PDT by dagogo redux (A whiff of primitive spirits in the air, harbingers of an impending descent into the feral.)
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To: NCLaw441
There are two possibilities as I see it:

You left out that the Democrats and Republicans are in control and switch ruler ship to con people into thinking that there has been change. Democrats and Republicans hate conservatives and Tea Party. They do not want individual rights they want the power of the government and the fortunes of taxes.

49 posted on 07/07/2012 7:31:40 AM PDT by mountainlion (I am voting for Sarah after getting screwed again by the DC Thugs.)
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To: ballplayer


That is a bit of misinformation.

Per the SS Trustee report of May 2011, the increase will be approximately $5 to $10 per year. By 2020 it is expected to be $158, not $248.

Source, page 218: https://www.cms.gov/ReportsTrustFunds/downloads/tr2011.pdf
50 posted on 07/07/2012 7:39:50 AM PDT by TomGuy
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