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About LinkBacksOMG Obama is considering tax breaks to encourage businesses to begin hiring again. Duh, did a light bulb just come on.
BEIJING – President Barack Obama says he's worried that spending too much money to help revive the economy could undermine a fragile U.S. recovery and throw the economy into a double-dip recession.
That's when the economy begins to recover briefly from a recession only to be dragged back under. Obama told Fox News in an interview Wednesday that his administration is weighing tax breaks that could encourage businesses to begin hiring again.
But he added that it's important to recognize that if the nation keeps adding to deficit spending through tax cuts or more stimulus spending, at some point people could lose confidence in the U.S. economy and that could "lead to a double-dip recession."
http://news.yahoo.co...s_obama_economy
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18th November 2009 01:13 PM #1Senior Member Array
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18th November 2009 01:26 PM #2Senior Member Array
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Post Turtle.
....'nuff said.You cannot help the poor by destroying the rich.
You cannot strengthen the weak by weakening the strong.
You cannot bring about prosperity by discouraging thrift.
You cannot lift the wage earner up by pulling the wage payer down.
You cannot further the brotherhood of man by inciting class hatred.
You cannot build character and courage by taking away people's initiative and independence.
You cannot help people permanently by doing for them, what they could and should do for themselves.
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18th November 2009 01:29 PM #3Don't Drone Me Bro!
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[quote name='Forplay' date='18 November 2009 - 12:13 PM' timestamp='1258575186' post='62524']
OMG Obama is considering tax breaks to encourage businesses to begin hiring again. Duh, did a light bulb just come on.
BEIJING – President Barack Obama says he's worried that spending too much money to help revive the economy could undermine a fragile U.S. recovery and throw the economy into a double-dip recession.
That's when the economy begins to recover briefly from a recession only to be dragged back under. Obama told Fox News in an interview Wednesday that his administration is weighing tax breaks that could encourage businesses to begin hiring again.
But he added that it's important to recognize that if the nation keeps adding to deficit spending through tax cuts or more stimulus spending, at some point people could lose confidence in the U.S. economy and that could "lead to a double-dip recession."
http://news.yahoo.co...s_obama_economy
[/quote]
Double dip recession my ass, hell that is the PR term for depression, the type these criminals can't hide!
He blames debt, no shit, but does he say he created massive debt and in the words of my friends on the left "give him a chance, he is just getting started"!
RAGEBecause Banning Propaganda “Ties the Hands of America’s Diplomatic Officials, Military, and Others by Inhibiting Our Ability to Effectively Communicate In a Credible Way”
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18th November 2009 05:40 PM #4Rigid Member
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Sweet... my business rolled right thru the 1st recession... and now I'm getting a tax break?
Bring it on Obama!Waterboarding Republitards since 2005...
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18th November 2009 05:45 PM #5Don't Drone Me Bro!
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[quote name='Inkslinger' date='18 November 2009 - 04:40 PM' timestamp='1258591238' post='62785']
Sweet... my business rolled right thru the 1st recession... and now I'm getting a tax break?
Bring it on Obama!
[/quote]
Meanwhile millions of children sleep in shelters, and go hungry.Because Banning Propaganda “Ties the Hands of America’s Diplomatic Officials, Military, and Others by Inhibiting Our Ability to Effectively Communicate In a Credible Way”
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18th November 2009 05:50 PM #6Rigid Member
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[quote name='michaelr' date='18 November 2009 - 07:45 PM' timestamp='1258591541' post='62789']
Meanwhile millions of children sleep in shelters, and go hungry.
[/quote]
...and this is suddenly a republican concern why?Waterboarding Republitards since 2005...
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18th November 2009 05:57 PM #7Don't Drone Me Bro!
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[quote name='Inkslinger' date='18 November 2009 - 04:50 PM' timestamp='1258591811' post='62792']
...and this is suddenly a republican concern why?
[/quote]
You would need to ask a republican. It has always been a concern of mine however. You go ahead on and support the economic destruction of this country inky, hell I bet you celebrate the illegal occupations as well, I could care a less, but you better know this, soon war will be the only job in town, and your kid(s) have to live with that.Because Banning Propaganda “Ties the Hands of America’s Diplomatic Officials, Military, and Others by Inhibiting Our Ability to Effectively Communicate In a Credible Way”
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18th November 2009 06:04 PM #8Schaden My Freude Array
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[quote name='a777pilot' date='18 November 2009 - 03:26 PM' timestamp='1258576004' post='62535']
Post Turtle.
....'nuff said.
[/quote]
Not really.As a Democrat, I take solace in the fact that the Republicans have nominated the guy who lost the nomination to the guy who lost the presidency to the guy who is now the President.
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18th November 2009 06:32 PM #9Senior Member Array
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[quote name='TennesseeRain' date='18 November 2009 - 07:04 PM' timestamp='1258592689' post='62795']
Not really.
[/quote]
Strange. Most people on these various sites would be happy if I would just shut up. Now you want me to expand my thoughts ? Strange.You cannot help the poor by destroying the rich.
You cannot strengthen the weak by weakening the strong.
You cannot bring about prosperity by discouraging thrift.
You cannot lift the wage earner up by pulling the wage payer down.
You cannot further the brotherhood of man by inciting class hatred.
You cannot build character and courage by taking away people's initiative and independence.
You cannot help people permanently by doing for them, what they could and should do for themselves.
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18th November 2009 06:34 PM #10Schaden My Freude Array
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[quote name='a777pilot' date='18 November 2009 - 08:32 PM' timestamp='1258594338' post='62816']
Strange. Most people on these various sites would be happy if I would just shut up. Now you want me to expand my thoughts ? Strange.
[/quote]
If by "expand on your thoughts," you mean "make sense" then yeah, I'm all for it.As a Democrat, I take solace in the fact that the Republicans have nominated the guy who lost the nomination to the guy who lost the presidency to the guy who is now the President.
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