Skip to comments.Obama's Election Day "Holiday" Will Cost $55+ Billion
Posted on 10/29/2008 8:03:49 AM PDT by TommyDale
Based on a $14.5 Trillion Gross Domestic Product, if the U.S. shut down on November 4th as Barack Hussein Obama suggests, it will cost over $55 Billion in Gross Domestic Product.
Stupid ... on so many counts!
Can the mandated 35 hour work week (a la France) be far behind?
To tell you the truth I think Election Days should be federal holidays so that people CAN get out and vote.
We are happily making arrangements for all of our employees to have time to vote, but if any of them took the whole day off, I would fire them. We have work to do!
Obama’s motive for the day off IS NOT to get people to the polls to vote. It IS to mobilize and cause disruptions every from thoroughfares to polls. It is instigation and control. People who are at work, can’t storm the palace!
3: Barack H. Obama
I guess it would cost that much if you assume that none of the lost productivity and purchases would be made up on other days. And of course a good bit of it WOULD be made up. I don’ know what it would cost, but it wouldn’t be $55 billion.
That money will pale in comparison to the number of people who take early retirement if Obama is elected.
Personally, I am one of them.
Why work if they want to spread the wealth.
My statement is that it would cost that much on that day.
If Obama is elected, the entire nation should take at least one day off a week. Yes, you earn less money, but then again, there is less money to tax. Send an economic message.
I guess it would cost that much if you assume that none of the lost productivity and purchases would be made up on other days.
That would be the manditory “Day of Socialist Labor” every
third sunday of the month.
Right from the soviet history...
“They pretend to pay us, we pretend to work.”
But it would not. Your are making far too many assumptions in your $55 million figure that are not factual. There would certainly be a cost to an election holiday, but it would be no where near $55 million.
LOL!!! -- It would be ROTFLMAO, but it is now hitting too close to home.
Can I still get the day off if I mail in the ballot?
There’s actually a lot of people that think election day should be a holiday. Unless they find a way to make it mandatory I won’t get it off though, with Thanksgiving and the day after already in the month nobody not tied to the government or financial sector is getting another November holiday.
If everyone took the day off, and America closed down for one day, it would be 1/260th of a year. One workday out of the entire year. Simple arithmetic. No need for you to complicate it unless you are trying to defend the Socialist Obama.
But much of the value of consumption, production and other aspects of the economy would be made up in other days. All other things constant, much of the economic activity would even out over the year.
As another way to put it, by your logic, adding Sunday to the workweek would increase our GDP by approximately $2.8 billion or so, which is not the case
Again, I never said anything about making it up. It is one day, with the assumption of everything closing down. Of course it isn’t logical, nor is Obama’s suggestion. The fact is that it COULD cost AS MUCH as that.
Seems like Obama’s egging on of his minion thuggery—’get in your neighbors faces’—is evidence enough why we shouldn’t have to put up with a national election holiday that would make it especially easy for them to harrass and intimidate.
But no facts support that it would. Every day worth of economic activity is not an isolated bubble. Even if every single economic activity were to cease on one day, it would not cost us $55 million to GDP as that activity, investment, consumption, government spending, etc. that would normally occur on that day would simply occur on other days. $55 million would not be lost.
There are some arguments that could be made against an election holiday (personally I like the idea of moving election day to a weekend) but your idea that it would cost $55 million is simply absurd.
Are you assuming that nobody would work that day? That, of course, wouldn’t happen.
I said IF everyone stayed home that day. Of course it won’t happen. It is hypothetical, just like Obama getting everyone to take the day off.
Another reason Obamanation should not be the President!
Obama should just declare 140 days of games and slaughter about 5000 unborn babies to celebrate.
In Canada it's national law that all business’ allow for up to 3 hours time off on an election day.
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