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Thread: Under Obama, Poor, Middle Class Incomes Fall Sharply

  1. #21
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    Re: Under Obama, Poor, Middle Class Incomes Fall Sharply

    OK, maybe I can lear something here.

    If I had a business idea, and I confess that I don't, I would be opening a business with very few employees. I've always started businesses very small because I'm paranoid and I don't want to get wiped out if I screw up.

    So, at what point does Obamacare affect me? Is there a minimum number of employees or if I hire 3 people do I have to cough up medical insurance? In my 40 year business history, I only had one business that had over 100 employees and we DID offer medical insurance, split 50/50.

    So, this is a real question. Why would Obamacare affect opening a new business?



    Quote Originally Posted by apdst View Post
    Over-reaching government regulations made it harder for the lower classes to advance and discourage those that do have money from spending it.

    Who's going to start a business with Obamacare in place?

  2. #22
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    Re: Under Obama, Poor, Middle Class Incomes Fall Sharply

    Quote Originally Posted by specklebang View Post
    OK, maybe I can lear something here.

    If I had a business idea, and I confess that I don't, I would be opening a business with very few employees. I've always started businesses very small because I'm paranoid and I don't want to get wiped out if I screw up.

    So, at what point does Obamacare affect me? Is there a minimum number of employees or if I hire 3 people do I have to cough up medical insurance? In my 40 year business history, I only had one business that had over 100 employees and we DID offer medical insurance, split 50/50.

    So, this is a real question. Why would Obamacare affect opening a new business?
    You woulsn't want to grow your business?

    You're making my point for me.
    Last edited by apdst; 10-03-12 at 06:10 PM.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  3. #23
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    Re: Under Obama, Poor, Middle Class Incomes Fall Sharply

    President Clinton does it again...


  4. #24
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    Re: Under Obama, Poor, Middle Class Incomes Fall Sharply

    [QUOTE=The Prof;1060977288]Under Obama, Poor, Middle Class Incomes Fall Sharply, Rich Get Richer - Investors.com

    highly unusual "recovery," alright

    ap, aug 15:

    Thanks for more proof of the severity of the Bush recession. Actually middle class income had begun to fall well before the recession even started in 2007 as is the norm for republican Administrations

    BUSH TAX CUTS DID NOT PRODUCE INCREASE IN REAL INCOME (1.6 PERCENT) COMPARED TO CLINTON POLICIES (14.7 PERCENT). “Real income for the median American household went from $51,356 in 2001 to $52,163 six years later—an increase of just 1.6 percent. Under President Clinton’s tax rates, real median household income went from $45,839 in 1993 to $52,587 in 1999—an increase of 14.7 percent.” [Center for American Progress, 7/29/10]
    Killer Facts on Failure of Bush Economic Policies | Americans for Responsible Taxes



    [

  5. #25
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    Re: Under Obama, Poor, Middle Class Incomes Fall Sharply

    middle class income had begun to fall well before the recession even started
    middle class income fell twice as fast AFTER the beginning of the obama "recovery" (summer 09) than it declined DURING the darkest days of the actual recession

    Household income fell 4.8% during economic recovery - latimes

    middle class income fell an additional 1.1% in august alone

    Household Incomes Fall 1.1% In August, Down 8.2% Under Obama - IBD

    the median is now $50,678

    things are getting worse---fast

  6. #26
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    Re: Under Obama, Poor, Middle Class Incomes Fall Sharply

    Americans for Responsible Taxes
    that'd be like the prof linking breitbart

    LOL!

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    Re: Under Obama, Poor, Middle Class Incomes Fall Sharply

    Quote Originally Posted by Navy Pride View Post
    Its true the economy was not in good shape when Obama took office but how you lefties can keep blaming Bush 4 years later is mind boggling because Obama has taken a bad economy and made it 10 times worse...Just keep sleeping my left ing friend............
    I specifically said I wasn't blaming Bush. Also 10 times worse is a really hard argument to prove, in what aspect has the economy gotten worse by that much? O you're exaggerating.

    derp.

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    Re: Under Obama, Poor, Middle Class Incomes Fall Sharply

    Quote Originally Posted by specklebang View Post
    If the rich are getting richer then what does that say about the trickle down theory?
    Now here is the really important question. what would it mean if the rich were not getting richer?

  10. #30
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    Re: Under Obama, Poor, Middle Class Incomes Fall Sharply

    Quote Originally Posted by Guy Incognito View Post
    The current crisis can really be traced back to the creation of the Federal Reserve and the fractional banking system. It's been a long time coming, and nothing can stop it. We can either institute policies that hasten the inevitable, like Romney wants, or delay it and make things worse later, like Obama wants.

    Personally, I prefer Obama for president because, all else being equal, he will appoint liberal justices and judges, and that is what we need in the upcoming decades as things like human cloning become supreme court issues. Medicine cannot afford a conservative court for the next generation.
    well given liberal judges gave us the New Deal you pretty much have proven your claim to be a libertarian is really a joke.

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