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September 03, 2011
Unemployment: Obama, "I Created 2 Million Jobs" ~ Love How This Man Speaks Out!
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Wild Thing's comment.....
This man is wonderful LOL. Watch it all the way through.
Posted by Wild Thing at September 3, 2011 03:47 AM
Comments
He sure does understand basic business. I also like his rant against welfare addicts.
Posted by: TomR, armed in Texas at September 3, 2011 11:51 AM
The funny thing is that the technology has so reduced the percentage of labor in products that the difference between Kentucky and India does not exist. The Kentucky workers are productive enough to wipe out the labor difference.
All it takes for the better run states in America to out compete the rest of the world is to not have the heaviest taxes on capital in the world!
Communist Chinese have a ZERO capital gains tax rate and Barack Obama wants to raise ours.
Of course states like California, Illinois, New York, and Connecticut would still be sinking because of their state Governments. The difference is that Wisconsin and Indiana would be sucking up the jobs and the tech support people would not have to report to work at 3:00 AM in Manila.
Posted by: Avitar at September 3, 2011 04:45 PM
Tom, I agree, his rant was good.
Posted by: Wild Thing at September 3, 2011 11:58 PM
Avitar, thanks for your input, well said.
Posted by: Wild Thing at September 3, 2011 11:59 PM
Avatar is spot on. Our system of taxation is one of the main forces crippling our economy. The income tax was a bad idea in the 19th century when it was proposed by Karl Marx and is a horrible idea in the 21st century. Replace the income tax with the Fair Tax and watch this economy soar!
Posted by: harry at September 4, 2011 09:21 AM