mmouto

mmouto

1p

5 comments posted · 0 followers · following 0

15 years ago @ Big Government - Why Didn't the Democra... · 3 replies · -2 points

However, while Zakaria agrees with you that big business is afraid of more regulation and taxation, from my perspective. regulation will ultimately bring more stability and accountability to the economy and big business in a way that will give consumers more confidence in the economy. Moreover, big companies do not need tax cuts, subsidies and other ways to avoid paying their fair share of taxes that only contribute to important yet underfunded (and thus ineffective) govt agencies (like border patrol) but the exploding national deficit/debt. I also believe most of this fear about regulation and taxation is unwarrented and cynical. Big business has paid more taxes in the past than they are paying now, and yet they still survived and prospered.

15 years ago @ Big Government - Why Didn't the Democra... · 0 replies · -3 points

While I agree with you on small businesses being afraid, and rightly so, I don't agreee with you about big business feeling they can't make a profit. According to Fareed Zakaria: "The Federal Reserve recently reported that America’s 500 largest nonfinancial companies have accumulated an astonishing $1.8 trillion of cash on their balance sheets. By any calculation..., this is higher than it has been in almost half a century. And yet, most corporations are not spending this money on new plants, equipment, or workers. Were they to begin loosening their purse strings, hundreds of billions of dollars would start pouring through the economy. And these investments would likely have greater effect and staying power than a government stimulus." Newsweek article July 6, 2010 And I believe it will bring more confidence into the market, futher securing a more stable economy.

15 years ago @ Big Government - Bachmann: Obama Worst ... · 1 reply · +2 points

Wow. Worst president in history? A govt so anxious to damage, degrade and ignore its constituents? May I remind you all that over 50% of Americans voted for him and we still adamently support him--mind you, we are now the silent majority, no matter what any poll says. He is the best thing that has ever happened to this country in decades. Finally, we have some intelligence and sanity in the presidential office. Bachmann is an uneducated and hysterical loon playing to a base who wallow in blind hubris in order to make themselves feel better because they lost the 2008 election. The Obama administration's policies are cleaning up the damage, degradation and ignorance of the last administration and its constituency. Moreover, Bachmann is also a manipulative pied piper who prefers to arrest true democracy and bipartisanship with whiny rhetoric instead of intelligence and patriotic cooperation.

15 years ago @ Big Government - Why Didn't the Democra... · 7 replies · -11 points

For the record, the Obama administration's push for continued unemployment benefits is already deficit-neutral. In the stimulus package, $40 billion is originally set aside (not in an extra slush fund) to provide extended unemployment benefits through Dec. 31, and increase them by $25 a week. And if you guys haven't noticed, unemployment benefits are not welfare, but a bridge to get from the Bush economic failure to a healthy new economy where jobs are available again. As an unemployed independent voter myself (who is not getting unemployment benefits), this hand up is supporting our economy because receivers are spending that money, much of which goes to corporate profits--to companies holding on to their profits for fear of what the administration will do next. How paranoid and anti-economic recovery is that? The Obama administration has been supportive of the business community, providing them several tax cuts, including those in the stimulus package ($51 billion). Yet big business still refuses to put that money into the economy to create jobs.

15 years ago @ Big Government - Obama The Pro-Gun Pres... · 0 replies · +1 points

How can you people be so paranoid? Have you all forgotten to take your lithium? Whose kool-aid are you drinking? Neither Obama nor his appointed judges have any intention to do anything anti-gun. The Obama administration has more important things to do.