Sunday, August 29, 2010

Examiner Editorial: Think the economy is bad? Worse is coming | Washington Examiner

Posted by Frank Smith at 29.8.10

7 comments:

Anonymous said...

The Democrats have done a good job portraying the "Bush Tax Cuts" as only benefiting the rich, but in reality, a person only making $1 a year saw a 50% tax cut, and January 1st will see a 50% tax increase:

The really bad news, however, is that things are going to get worse before they get better unless President Obama and the Democratic Congress reverse course and abandon their plan to impose a huge tax increase on Jan. 1, 2011. That's the day the 2001 and 2003 Bush tax cuts are scheduled to expire. Tax rates on all five income brackets, not just those paid by "the rich," will increase by 2 to 4 percentage points

August 29, 2010 at 5:24 PM
GOP guy said...

All part of the Cloward and Piven Strategy and Osamabama's marching orders from billionaire progressive globalist George Soros to fundamentally transform America into just another weak European-style welfare state with no sovereignty left under a new one-world order. Progressives are a serious cancer in America, and November starts the cure.

August 29, 2010 at 6:44 PM
Anonymous said...

The Obama liberal policies are failing. It is quite evident that their utopian society is crumbling. I feel for the great Americans that are hurting because of the Obama regime's insistence on socialist policies. I do, however, find some comfort in their failings. Socialism does not not work and they are helping to confirm this. We and thank Rep. Chris Murphy for supporting all of these socialist policies. Chris and the Democrats just will not listen to their constituents. I look forward to a move back to capitalism and restoring our country to greatness!

Vote for Sam Caliguiri and send Chris Murphy to join the millions of Americans he helped to put in the unemployment line!

August 29, 2010 at 6:53 PM
the history teacher said...

The Great Depression was called that because it lasted so long. The foolish economic policies of Democratic Government trying to spend it's way out of the Depression, only prolonged it. It was eventually ended by the second world war some 14 years later. President Harding inherited a Depression from Woodrow Wilson in 1920. Why don't we hear much about the Depression of 1920, because it didn't last long. Harding and his Vice President, Calvin Coolidge collectively cut taxes and spending by 50%. That ended the DEPRESSION of 1920 in 18 months! The Obama administration chose to use the failed policies of FDR instead of the successful policies of Harding. We are at the start of what will be known in history as "The Greatest Depression" thanks to Obama following the failed policies of one of America's worst Presidents ever--FDR.

August 29, 2010 at 7:02 PM
Anonymous said...

I guess Obama learned alot from that book he was seen reading: "The World After the United States."

August 29, 2010 at 7:57 PM
Anonymous said...

Think these liberals will ever be capable of learning? Socialism is failing all over the world and it has never worked anywhere it has been tried, but they think they know something new?

August 30, 2010 at 12:46 PM
Anonymous said...

Wait until Obama-FU-Care starts - folks there has never been such a disaster in the history of the world !!!!

August 30, 2010 at 5:28 PM

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