- Joined
- Dec 9, 2009
- Messages
- 134,496
- Reaction score
- 14,621
- Location
- Houston, TX
- Gender
- Male
- Political Leaning
- Conservative
President Obama should have let all the Bush tax cuts expire when they were designed to... back to the Clinton rates. Low marginal tax rates do not produce good economies... they produce bubbles that eventually burst. The tax rate when the stock market crashed in 1929 was at 24%.
Today's jobs report actually says 184,000 private sector jobs were created, the loss of 13,000 public sector jobs brought the net total non farm total down to 171,000. Also the total nonfarm jobs was upgraded for August and September by 50,000 and 34,000 respectively. Not spectacular, but in my opinion it may cause more people to vote for President Obama rather that Romney.
Oh by the way Conservative, did you see Governor Chris Christie give President Obama much praise yesterday? lol. I think he wants to run for president in 2016, so he doesn't want Romney to win now.
Wouldn't it be something if Romney/Ryan lose and Ryan loses his seat in the House? lol
I cannot believe that someone like you can support Obama. The economic results do not warrant four more years nor does his lack of leadership skills at all. This country is in quite a mess and Obama isn't the person to get us out of it. There is no indication that the next four years will be any better than the last four and you should know that.
Do you have any idea what Reagan job growth was three years after the end of a similar recession? How can anyone get excited about the jobs numbers when there are 22.7 million unemployed/under employed/discouraged workers?
If you want to go back to the Clinton tax rate then let's also go back to the Clinton Budgets adjusted for inflation