Quote:
Originally Posted by Dedicated Mind
name 3 obama socialist policies.
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1. Obamacare
2. Taking over GM
3. Shovel Ready Infrastructure Jobs
As far as BOs record on the economy? He has presided over a record 52 weeks of unemployment at 8% or above. The latest jobs report was lower than expected.
Where is his plan for paying off the debt? The only thing he talks about is taxing the rich but even at a tax rate of 100% the rich don't possess enough wealth to pay off the debt.
When Reagan became President the tax rate on the wealthiest Americans was 70%. After 8 years the rate was dropped to 28%. The income the Federal governement received from taxes in 1981 was $500 billion. In 1988 the Treasury took in almost $1 trillion. Lower taxes means that private citizens keep more of their money which means more economic activity which means economic growth which means jobs which means more taxpayers which means more income for the Federal government. Everyone wins when taxes are cut. My tax bill increased from 2010 to 2011. Yet I'm paying more for groceries, fuel, clothes, utilities and just about every other category.
Kudos to President Obama for bringing an end to Iraq War and taking out Bin Laden. The successes there are combination of the Bush strategy and Obama continuing the strategy. Pretty much most of the heavy lifting was already accomplished by the time BO took office, although Bin Laden was still at large. Bush had eliminated or captured all of the top Al Qaeda guys except Bin Laden. BO made the right call to take him out last year. It may be the only one real accomplishment that history will remember from these four years.
I ask your logic not because I think you can be convinced to vote otherwise, I'm just trying to understand, given the abysmal economic record of the last 3.5 years, what one uses to feel good about reelecting him. I am convinced that either people don't really know the facts, don't understand economics or simply are party line voters who would vote for Jeffery Dahmer if he was the Democratic nominee for president.
My feeling is that you are simply loyal to the liberal/Democrat ideology, and nothing would persuade you otherwise regardless of the dire consequences they are foisting upon our nation and future.