Comments on: Early Voting At Record Pace
Politico: The Shift To Early Balloting Has Made Election Day More Of A Final Deadline Than A One-Day Event
Add a Comment See all 71 Comments
- The well respected right wing econbomics magazine "The Economist" endorses Obama''s economic thinking over McCain. Check it out here:
http://www.economist.com/world/unitedstates/displayStory.cfm?source=hptextfeature&story_id=12342127
non-economists would do better to stop talking about things you dont really know about and check out the comments of the experts. - Reply to this comment
- velma179...
Four: Nobody has said anything about "an agenda taking care of welfare recipients". Even in the recent "economic stimulus plan" that our current administration paid out (those $300, $600, and up for families) checks ONLY went to people who had INCOME.
When Obama talks about giving tax credits to 95 or 98% of Americans... he must be excluding the $250k and INCLUDING the people on welfare. This is why Barack "tax break" comes in the form of a check to Americans instead of "actually reducing their taxes".
If Barack actually "reduced taxes I pay every year" fine....but if Barack (as what I heard suggests)... then people not even interested in getting a job will get a check in the mail.
If that is the case...I hope we can agree...this is pure socialism Barack is purposing. - Reply to this comment
- velma179...
Three: Taxes are not the only indicator of economic loss or growth, stability or weakness.
Yes I agree...but at the same time...if businesses are closing down, jobs being lost....then the laws of "supply and demand" kick in...allowing the remaining businesses to drive up the price due to the competition having closed thier doors.
Higher taxes and the domino effect of businesses closing, fewer new businesses opening, and people out of work...I think would have a devastating effect on our economy...without even considering future growth. - Reply to this comment
- it ain''t over until it''s over and the fat lady sings. obama does not have the election won and neither does mccain. it is going to be a close one. as of today anyway, it looks like a race to the finish. obama does not have it won by a long shot.
- Reply to this comment
- velma179...
Two: Most companies of a size to generate this profit level will not endanger their revenue stream by "immediately" raising prices. They will compete as they always have -- in a FREE MARKET.
Maybe...but then again...why wouldn''t they start driving prices up with the excuse that "this is the only way we can stay in business" or "this is the only way we can avoid firing our employees"....?
We have see this happen with the oil companies... and we continue to "foot the bill". - Reply to this comment
- velma179...
One: Taxes are paid on PROFIT -- not sales and revenues.
My question to you.... if I am a owner of a company making $250k profit a year and living to my means (as 98% of Americans do)...then...why would I give up a higher percentage of my profits each year instead of firing someone and keeping my profit margin...?
I mean... if I am a successful business owner... I am not going to pay "uncle sam" when I can fire an employee to make up the extra tax burden. - Reply to this comment
- I am praying hard to God that Wall Streets will dive to 1000 points on November 3, 2008.
- Reply to this comment
- slayrre...
Your gloom and doom prediction misses some very big points.
One: Taxes are paid on PROFIT -- not sales and revenues; profit is determined by adding revenue and subtracting expense (to put it VERY SIMPLY).
It takes a company with much BIGGER revenues than $250,000 to make a profit of $250,000. This would rarely qualify for a "small business".
Two: Most companies of a size to generate this profit level will not endanger their revenue stream by "immediately" raising prices. They will compete as they always have -- in a FREE MARKET.
Three: Taxes are not the only indicator of economic loss or growth, stability or weakness.
Four: Nobody has said anything about "an agenda taking care of welfare recipients". Even in the recent "economic stimulus plan" that our current administration paid out (those $300, $600, and up for families) checks ONLY went to people who had INCOME. The amount was determined by whether they had a tax liability or not in the preceding year (meaning the lowest WAGE EARNERS who got their tax refunded back in full as well as possibly had earned income credit only got the lower amount).
I have not read anywhere that any tax break or proposal is planned for people who do not earn income. It IS called INCOME TAX.
Think about it. - Reply to this comment
- Hear is the plan. Tax the hell out of rich republicans give it to the working people so they can spend to get things going again. the thing is to get rid of all republicans
- Reply to this comment
- Posted by slayrre007 at 05:48 PM : Oct 24, 2008
The only reason USA got rich in the last century was because USA was an Economic Monopoly around the world. After WWII, all world economies were in Ruins and Destroyed except for the USA Economy. Consequently, everyone around the world had to purchase from America at our High Asking Price.
Today, nobody needs to purchase from USA as USA got absolutely no monopoly. Instead, Americans must now compete with the rest of the world.
If Americans were so smart back then, why are they so Idiots today? - Reply to this comment
