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jaeger19;1062533536]Certainly possible.. But that would be your issue. Certainly I met a number of management that didn't have a business clue but knew how to play the corporate game. I can however speak to your posts regarding this economy and you are absolutely in fantasy land. "worst recovery in history"... and next "no reason for a person to be out of work"...
the disconnect is obvious.
Actually the disconnect is yours and I will put my resume and 35 years of business experience along with street smarts up against yours any time. Maybe you ought to take up the issue with Forbes and the WSJ
Obama Wins The Gold For Worst Economic Recovery Ever - Forbes
Edward Lazear: The Worst Economic Recovery in History - WSJ.com
Nope.. what you don't understand is that the underlying reasons for the recession were vastly different. Reagan inherited a strong economy that had high inflation due to a oil crisis (which could resolve due through political intervention) and because the Fed raising interest rates ( which Reagan could over time lobby the Fed for easing as inflation went down)... In addition Reagan had a free reign to spend like a madman..
Strong economy? LOL, it was a double dip recession and your rhetoric if fueled by media spin. Economic policies of Carter caused the recession that Reagan inherited. For someone who claims to have started many companies and turned them around you certainly don't show any understanding of leadership.
Obama inherited a vastly different economy. First and foremost its an economy that was built for the last 15 years on nothing but free credit. Its a false economy. Secondly, the underpinnings of the economy, wages, middle class, manufacturing base, and international competition, and globalization are vastly different than thirty years ago.
Regardless of what Obama inherited what did he do to improve it? Stimulus? ACA? Massive entitlement growth? Redistribution of wealth? demonizing individual wealth creation? What economic policies has Obama created that stimulated and grows the private sector?
Reagan would have not done any better in this economy than did Obama.. in fact, he likely would never have even made it out of the republican primary. Its not leadership, its the fact that government cannot solve the economy
That is your opinion but I will put the Reagan leadership skills far above our Community agitator. It is a fact that leadership is what brought us out of the double dip recession of 80/81/82 recession, leadership that you appear to not understand
Unfortunately its you that don't understand. The point is.. that the economy didn't go bad because of Obama, or Bush.. it was not because of an issue the government deals with. (in 1981 the Fed increasing interest rate WAS a government issue).. The point being.. and you keep missing this.. is that if the cause is not a government issue or controlled by the government.. its less likely that the answer will be government intervention...
Again, the economic recovery is the issue here or lack of economic recovery. Economic policy was established by Obama so tell me what economic prediction Obama made that has been accurate?
Your position regarding the " victim mentality" you accuse me of having is ironic. Because its you that that have the "victim mentality". You think you are a victim of "Obama". Its your expectation that the government will be able to turn this economy around once.. "Obama is out of there"... But such is simply not the case. Its not about leadership.. its about facts, its about the reality of the economy. You think government is the answer.. that all we need is some republican president to swoop in on a white unicorn shooting rainbows out its butt, wave a magic wand and make all our troubles go away.
But the fact is that our economy didn't get this way because of a government issue and government is ultimately NOT going to be the answer.
I have never been a victim of any President, totally self made, never cared about what someone else made or paid in taxes. Never believed that my wealth was created at the expense of someone else. Was always taught personal responsibility, a trait missing by far too many. I know the govt. isn't the answer but better tell that to Obama who is trying to micro manage the economy and create that massive central govt. that liberals believe is utopia.
The govt. didn't get this way because of govt. action but is staying this way because of poor leadership and economic policies
Now.. how much of a tax cut did I and my family get? A HUGE tax cut. Not only did I get the Bush tax cuts that were continued under Obama, but under the stimulus program my business as did other businesses get huge tax cuts.. from out right tax credits, to increased depreciation schedules to lower of the FICA taxes, so on and so forth. In fact, my relative tax rate was the lowest that it had ever been after the stimulus bill tax cuts.
No, sorry, you got to keep the tax cut from Bush, you got nothing else. How did your business tax cuts result in economic growth and job creation since we have 3 million fewer people working today than we had when the recession began in December 2007. FICA taxes fund SS and Medicare but you would never know that with the education today. Interesting how people like you support the LBJ unified budget and you call someone else a liberal?
But here is the problem with tax cuts for business... THEY DO NOT SOLVE THE FUNDAMENTAL BUSINESS ISSUE WHICH IS FEWER CUSTOMERS BUYING FEWER PRODUCTS... Sure, I kept more of the money I made.. but the money I made those years was LESS because there were fewer people with money coming through the door. I am not going to expand my business because of a tax cut.. that would be stupid.. only when I have increased DEMAND would I expand to meet that demand.
There are four components of GDP with each contributing to the economy. Personal tax cuts are the ones that drive our economic growth. When people keep more of what they earn that benefits economic activity whether they save it, spend it, invest it, or pay down debt. You are going to expand your business when your business grows and that isn't going to happen until Obama resigns or is fired.
The single biggest thing that the Stimulus bill did for business was to extend the unemployment benefits because it helped and probably continues to help prop up businesses by having more folks through the door with money to spend. And that's the irony.. because its those unemployment benefits that republicans like yourself are so against.. even though they were probably the best thing the government could do in the short term.
Yes, what we got out of that expansion of unemployment benefits are millions of long term unemployed who are now almost unemployable. It promoted laziness which we are seeing today. Now we have 7.9 million long term part time employees seeking full time jobs as part of the 22 million unemployed/under employed/discouraged workers and that is a big thank you for almost 2 years of unemployment benefits. What the govt. should have done is show some tough love, like I am sure you have done over the years in your business.