The Associated Press headline read, "[Obama] warned of a 'massive blow to the economy' if Republicans block a payroll tax extension."*
See, this is how socialists and the mis-educated "understand" economics. Economies are not held up or fueled indefinitely by govt taxation and govt spending. It's precisely the opposite. Look at the socialist democracies of Europe and Canada and how AFU their economies are. Look at their dismal GDPs and crushing costs of living, etc. (How much is a liter of gas in Europe? How much does a hamburger cost in Canada?) And look at the money crisis all these countries are currently in. Their continued adherence to socialist policies - like govt-run health care, for one - are to blame for their mediocrity.
Don't fall for these lies, my friends. No country has ever taxed itself into long-term prosperity. However, more than one economy in history has been taxed into long-term stagnation, REcession or DEpression through taxation. For example, what good did Obama's multi-trillion dollar "stimulus" package** do the economy? NOTHING. Recessions typically last 18 months. This one is going on its 4th year. We still have nearly double-digit unemployment and we're still a hair's breath from going down further into a DEpression and every attempt to implement further socialist policy into our economy has only made it worse and pushed any hope of recovery farther out of sight.
Countries reach prosperity by easing tax burdens and other blocks to people investing capital into productive parts of society - starting businesses, investing in businesses, having enough money in their pocket to go out and buy goods and services. This is BASIC real economics! Not these lies Obama & cronies are trying to pull over on us. Why are they lying to you? It pains me to say this, but it's because they do NOT have American prosperity as a goal. They can't and continue to force this stuff onto our American economy, culture and way of life. Rather, they demonstrate more with each crazy idea they shove on us that they really want to keep us on the downhill slide so they can get as many people as possible in this country down and out and therefore dependent on the govt cradle-to-grave.
See, this is how socialists and the mis-educated "understand" economics. Economies are not held up or fueled indefinitely by govt taxation and govt spending. It's precisely the opposite. Look at the socialist democracies of Europe and Canada and how AFU their economies are. Look at their dismal GDPs and crushing costs of living, etc. (How much is a liter of gas in Europe? How much does a hamburger cost in Canada?) And look at the money crisis all these countries are currently in. Their continued adherence to socialist policies - like govt-run health care, for one - are to blame for their mediocrity.
Don't fall for these lies, my friends. No country has ever taxed itself into long-term prosperity. However, more than one economy in history has been taxed into long-term stagnation, REcession or DEpression through taxation. For example, what good did Obama's multi-trillion dollar "stimulus" package** do the economy? NOTHING. Recessions typically last 18 months. This one is going on its 4th year. We still have nearly double-digit unemployment and we're still a hair's breath from going down further into a DEpression and every attempt to implement further socialist policy into our economy has only made it worse and pushed any hope of recovery farther out of sight.
Countries reach prosperity by easing tax burdens and other blocks to people investing capital into productive parts of society - starting businesses, investing in businesses, having enough money in their pocket to go out and buy goods and services. This is BASIC real economics! Not these lies Obama & cronies are trying to pull over on us. Why are they lying to you? It pains me to say this, but it's because they do NOT have American prosperity as a goal. They can't and continue to force this stuff onto our American economy, culture and way of life. Rather, they demonstrate more with each crazy idea they shove on us that they really want to keep us on the downhill slide so they can get as many people as possible in this country down and out and therefore dependent on the govt cradle-to-grave.
They can't be this misguided by accident. But, a good measure of how "dumbed down" our population has become is measured by how many people believe Obama's point about the impact of this or any other - tax cut
* Kuhnhenn, J., Associated Press, "Obama: 'Massive blow' if GOP blocks payroll tax," November 30, 2011, Retrieved from http://news.yahoo.com/obama-massive-blow-gop-blocks-payroll-tax-202222616.html#ugccmt-post-frm-container December 1, 2011.
** Officially known as the American Recovery and Reinvestment Act of 2009
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