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gyp

Posted: Sat Apr 21, 2012 1:47 pm
by ryan costa
http://www.morningjournal.com/articles/ ... de=default

Republican de-facto nominee Mitt Romney visted an empty National Gypsum plant in Lorain, OH. It closed in 2008. He cited its failure to re-open as a result of the Obama Administration's policies.

The Obama Administration's policies are essentially the same as the previous administration's policies. The WTO, NAFTA, CAFTA, the tax rates, the federal reserve interest rates and federal funds requirements rates. And so, they are largely the same as anything Mitt Romney will manage to get done.

You see, the Obama administration did not change much of anything in terms of law. the tax rates, the trade policies, etc. it is the same policies we've had for 30 years. His time was spent mostly on the Quixotic mission of an enormous ball of health careful reform legalese.

Lowering taxes on the rich and corporations does not increase industrial
production and employment.
Taxes on the rich and corporations were lowered greatly in the 1980s;
Factories and Mills closed faster than ever! Leveraged buyouts and easy credit and windfall commissions and liquidation of assets to pay back some of the bonds they issued/borrowed for the leveraged buyouts.

Re: gyp

Posted: Thu Apr 26, 2012 12:35 pm
by Stephen Eisel
Budget! According to the CBO Obama's budgets have hurt the US economy...

Re: gyp

Posted: Thu Apr 26, 2012 12:41 pm
by Stephen Eisel
Taxes???

http://www.atr.org/files/files/020711pr ... s_Once.pdf

President Obama’s entire claim of being a net tax-cutter rests merely upon the temporary tax
relief he has signed into law. The tax increases Obama has signed into law have invariably been
permanent. In fact, Obama signed into law $7 in permanent tax hikes for every $1 in permanent
tax cuts
• Over 90% of the dollar value of the tax cuts Obama signed into law are only temporary
• 100% of the tax increases Obama signed into law are, however, permanent
• Permanent changes to tax law signed by Obama amount to a net tax hike of $618.7 billion

Re: gyp

Posted: Thu Apr 26, 2012 4:39 pm
by ryan costa
all tax increases and decreases should be "temporary".