10 Absurd Conservative Myths About Obama's Recovery Plan

It the same fundamental lines as before - more government wealth redistribution, more government control, and more aversion to taking personal financial responsibility. The proposed "tax cut" baloney is the usual gimmickry of giving back some token amount of what was collected in complete disproportion to how it was collected. The big proposed "jobs" program is focused on dumb public works projects like road building - something states and cities should deal with - and propping up businesses like the big three automakers that would and should otherwise adjust themselves or fail because of poor response to the market demands. The proposal is loaded with silly "green" projects that don't amount to but a few percent of energy needs and cost more than they save - ethanol being a classic example - instead of drilling, mining, and harvesting. The proposal makes much of labor protection which is nothing more than trying to secure the big labor union support instead of facing the fact that they are a big part of the problem. The proposal suggests a rating system for credit cards to protect the consumer from themselves - apparently something the government schools haven't been able to accomplish in several generations - and, thereby along with the foreclosure protection, transferring the blame for irresponsible personal financial management of some onto the backs of all. It's all about socialism, more government control, and more government babying sitting of "adults" who seemingly just can't be responsible for themselves.

 

If you compare your tax bill with their tax bill, you will see you aren't paying much. It's a fact. Even if there were a flat tax, the rich would pay way more than you do. The fact that it's a graduated tax means they pay more than their fair share.

 

The "specifics" are the same generalities proposed before. They don't make up a detailed plan of action. They don't explain the realities of the cost verses benefits. They're just "make work" projects and money shuffling. Obama has no plan except the same "we need change", "we have to do something now", and "government action is needed". They are not specifics. He can't show how these ideas will actually stimulate the economy by the real exchange of goods and services that people willingly want to buy and sell. There are no quantifiable projections of improvement, there is no schedule for attaining results, there's no evaluation of risk verses benefit, there's not "what if" analysis or alternate courses, and, like all such "plans", it is open-ended for more future government control. No reasonable investor would part with their money on such non-specific proposals. It's high-risk "investment" much like the social re-engineering mortgages forced on the banks to "make housing affordable to everyone". It is typical of government "plans" that end up costing much more than estimated and never delivering the promised results in a timely manner with an ultimate end to the program. It is a perpetual sink-hole for money to be taken from productive parts of our society and grossly mismanaged by our government.

 

Well ... No, in a word.

Once you pass the SS/Medicare cut off, there is a small slice of wage earners whose percentage would be slightly lower, but the graduated income tax quickly makes up for that. And their dollars are always higher. The truth is that the rich pay way more ... disproportionately more.

Beating up on the people who pay for the police and firemen to come to your house (along with all the other public services) is not a grateful thing to do. If it weren't for the rich, you wouldn't have them because you couldn't afford them.

Now, if you want to beat up on them for paying Congress, that is an entirely different issue.

 

Your not suggesting we start a war to save the economy are you?

 

You can't honestly believe that we had either. They may have been Republican, but they were nowhere near conservative.

I will freely admit that the Republican's are responsible for at least a part of this financial meltdown. Many of them walked step in step with the Democrats, they all spent money that was not there on projects that should have never been, and those who did know better did nothing to stop it.

Don't make the mistake of thinking Republican=Conservative.

 

Absolutely. It is the government's job to punish success. That way, we'll all be broke.

By the way, you might want to start working on a solution to an upcoming problem: we've had difficulty figuring out how poor people are supposed to give jobs to folks.

 

Exactly.

Class envy is simply coveting. Last time I checked, it was prohibited in Scripture.



Also, two things come to mind that are completely ignored by many:

1. It is constitutionally not the government's job to "create jobs," nor is it beneficial in our system for the government to do so on a wide scale. The jobs "created" by government should be for that and only that which is necessary.

2. The government is going to be printing massive amounts of money. This will lead to inflation. It's a basic economic principle...one that apparently has escaped Obama and his folks.

 

That is the real nasty little secret about this entire bailout, and I don't think it has escaped Obama and his economic advisers. They have to be either stupid or deceitful, but I don't think they are stupid. The problem is we have created a situation where our government will benefit from high inflation and skyrocketing housing costs. Double digit inflation will shrink the size of that national debt (not in dollars of course, but in the amount of real wealth), and it will make all those bad home loans easier to pay back.

If the banks foreclose on all those homes in delinquency and then home prices double, who do you think comes out a winner.

And we the people get stuck with the bill one more time, only this time it won't be in something we can see like tax increases or bailouts, it will be in the higher cost of living and the fact that we will be paying more for everything we buy.

If the government plays it right they can even cut the tax rates because they will be taking in more money. When you have a graduated tax scale like we do and inflation causes everyone's income to rise then everyone gets pushed into a higher tax bracket. Because general inflation has resulted in a higher cost of living the amount of real wealth you take home has actually decreased, but because you are taking home more dollars you pay a higher percentage in taxes. Then the government rolls out tax cuts to help us in this time of economic trouble and they look like saints when the truth is they are manipulating everything to take more.

 

Amen NCT, amen!!!:thumbs:

 

I think the subject should be: Does O'bama have a recovery plan?

 

No! He has a plan - one without meaningful specifics - and it's not going to bring about recovery! It is going to grow the government and siphon more money from the productive segments of society to feed the hogs lining up for their share of "free" feed.