Decline of Middle Class Not Obama's Fault

CNN ^ | September 5, 2012 | LZ Granderson

[CaspersGh0sts]

Obama’s volumes of regulation are all free and not taxes at all. The probably save us all money, right?

/sarcasm

[Son House]

That same-ness of political parties is where you get the manifestation of Free Republic and TEA party, where people who know what is in the Constitution, and most importantly why it is there, are going to stand up for what is right. Is it too late if Obama wins or Romney ends up being too liberal? No, it’s just going to be a longer road because we will continue to do the right thing.

[Sgt_Schultze]

I agree. For too long we have placed no premium of foreign manufacturing access to American consumers. We've gone the opposite direction by creating tall obstacles for US manufacturers to stay onshore through environmental restrictions, wage requirements, lawsuit exposure and high taxation. It makes more sense for a company to export the pollution, pay slave wages and avoid the tax consequences of operating as an American company.

But we still have high costs. Part of the defense budget is used defending the world's trade routes. That's an uncompensated expense. The rest of the world extorts low prices on American pharma through implicit threats to not protect patents on drugs. That shifts the world costs to develop a new drug onto the backs of the American taxpayer who pays the full rate on drugs.

Our defense agreements with Europe allowed them to shift protection of their own borders into the payment of socialism. Our leftists admired the level of social spending in Europe, forgetting that their burden for defense had shifted to the backs of the American taxpayer. We are so screwed going forward maintaining existing trade and defense agreements. Until we cast off all foreign entanglements, and reevaluate our place on this sphere, we both know where this game ends.

[Sgt_Schultze]

I agree. For too long we have placed no premium of foreign manufacturing access to American consumers. We've gone the opposite direction by creating tall obstacles for US manufacturers to stay onshore through environmental restrictions, wage requirements, lawsuit exposure and high taxation. It makes more sense for a company to export the pollution, pay slave wages and avoid the tax consequences of operating as an American company.

But we still have high costs. Part of the defense budget is used defending the world's trade routes. That's an uncompensated expense. The rest of the world extorts low prices on American pharma through implicit threats to not protect patents on drugs. That shifts the world costs to develop a new drug onto the backs of the American taxpayer who pays the full rate on drugs.

Our defense agreements with Europe allowed them to shift protection of their own borders into the payment of socialism. Our leftists admired the level of social spending in Europe, forgetting that their burden for defense had shifted to the backs of the American taxpayer. We are so screwed going forward maintaining existing trade and defense agreements. Until we cast off all foreign entanglements, and reevaluate our place on this sphere, we both know where this game ends.

[dennisw]

Agree with you on all points. We should have been enforcing our borders years ago and had an intelligent industrial policy that included tariffs. But the libertarians and free traitors won out. Now due to open borders immigration the white conservative voters have less and less power each year and the 3rd world immigrants (who vote 80% Democrat) have more and more. So open borders Republicans figured out a way of screwing their children and grandchildren......eternally because they will be out voted

[longtermmemmory]

CNN covering for Obama.

Obama created the housing mess from his lawyer activist years, refusal to arrest bank pushing garbage, and preventing the free market from working to find a free market solution.

[cherry]

the poor liddle teachers again, not making enough money to suit their massively difficult degrees while having far superior health coverage, and PENSIONS....and we won't say for the upteeth time that they work half of the year, which means they have HALF OF A YEAR OFF....

how about the rest of us not subsidizing the teachers health care and benefits, let alone every public/govt employee or retiree who gets premium health care paid for by TAXES....

same for cops...same for firemen....

maybe the govt should investigate why the education business has stolen billions and billions away and never had to explain where it all went...