Barack Obama has a trend going. He gets a lousy jobs report because his economic policies are wildly failing. So he trots out and suddenly discovers he was lying when he ran for president in 2008 and he’s really FOR gay marriage. The next month, Obama gets a lousy jobs report because his economic policies are wildly failing. So he trots out and decides that as emperor he can ignore the law and arbitrarily decide that more Hispanics will vote for him if he abrogates the law and refuses to detain illegal immigrants. Obama gets a lousy jobs report because his economic policies are wildly failing, so he announces that he will only support the Bush tax cuts be extended for people who make less than $250,000 a year.
Some might begin to see an incredibly cynical and disgraceful pattern here.
Obama is the most genuinely evil man who has ever held the office of president of the United States. But I’m not here to talk about his incredibly cynical timing for a policy that many DEMOCRATS have publicly opposed.
As an example, here’s what liberal Sen. Charles Schumer said about people earning $250,000 a year:
“They are not rich, and in large parts of the country, that kind of income does not get you a big home or lots of vacations or anything else that’s associated with wealth in America,” Schumer said in October. “They are firmly in the middle class. Same with small-business owners in that level.”
By the way, one of the Democrats who says that Barack Obama is an idiot who is doing the absolute last thing we ought to be doing is a guy named Barack Hussein Obama:
“The last thing you want to do is raise taxes in the middle of a recession, because that would just suck up, take more demand out of the economy and put businesses in a further hole.” — Barack Obama, August 5, 2009. Obama had repeatedly made that argument, in fact.
The next year, in 2010, during a quarter in which GDP growth was actually four times higher than it is now, Obama said this:
“I am just listening to the consensus among people who know the economy best. And what they will say is that if you either increased taxes or significantly lowered spending when the economy remains somewhat fragile, that that would have a destimulative effect and potentially you’d see a lot of folks losing business, more folks potentially losing jobs. That would be a mistake when the economy has not fully taken off.” — Barack Obama, January 29, 2010
Barack Obama – in an exchange with ABC anchor Charles Gibson – documented that his taxation has nothing to do with economic growth and everything to do with a Marxist notion of “fairness.” Because as Karl Marx infamously put it, “From each according to his ability, to each according to his need.”
That was before the before mentioned lousy jobs report for June 2012 because Obama’s economic policies are wildly failing.
I have on several occasions compared government stimulus – which sucks money out of the productive private sector and doles it out to politically connected boondoggles – to giving a diabetic kid sugar. Sure that diabetic kid will run around for a little bit and it will look like maybe it’s working. But it isn’t, because that kid is going to fall down and pass out. And Obama’s answer is to pump more sugar into that poor kid. Obama has done the largest stimulus in history ($862 billion that will ultimately cost the American people over $3.27 TRILLION); he did the second largest stimulus in history ($447 billion). Neither did anything but hurt the economy. As Ronald Reagan put it, “You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we are not bound by that same limitation?” Barack Obama says piss on that. And now Obama is demanding son of the son of a wildly failed stimulus that is doing nothing more than burdening our children’s children’s children’s children with more debt and guaranteeing the collapse of America in a much shorter timeframe than anyone is talking about.
The economy is going into a diabetic coma because of Obama’s policies. And Obama wants more sugar.
Obama’s and Democrats’ policies amount to nothing more than a naked government takeover of the private sector. It has failed miserably, but these people are fools of an astonishing magnitude and after doubling-down and tripling-down they will quadruple-down until this nation collapses.
I’m here to talk about the rape of small businesses under this wicked president.
Please take a look at the US government census information on small businesses. The latest data they have on file comes from 2008:
Out of 27,281,452 total firms, 21,351,320 are listed as “nonemployer firms.” Which means that 78.23 percent of all small businesses hire ZERO employees. So when Obama says that 97% of small businesses won’t be affected by his tax hike, please understand that the whopping majority of those businesses that won’t be affected aren’t hiring anybody. Another 3,617,764 small businesses have no more than four employees. Those small businesses that hire zero workers plus those small businesses that hire no more than four workers constitute 91.5% of ALL small businesses.
Here’s a more relevant way to look at it. When you consider the businesses that employ more than four people, you are looking at businesses that hire 94.97 percent of ALL the workers who work for small businesses. And while not all of the small businesses that hire between 5-9 employees are going to be paying higher taxes as a result of Obama’s class warfare on small businesses, most of them do. And virtually none of the businesses that hire more than ten employees are going to earn less than $250,000 a year.
So, yeah, the kid who is an “independent contractor” working his paper route won’t be paying more taxes under Obama’s class warfare plan. That’s great. But the overwhelming majority of small businesses (defined as businesses employing 499 or fewer workers) are going to get the crap beat out of them.
And why are they going to get the crap beat out of them? Because the Hussein got yet another crappy jobs report for the month of June because his economic policy is wildly failing.
So when Obama or fill in the name of your Democrat lying weasel says garbage like “97 percent of small businesses won’t be affected,” realize the bait-and-switch that’s going on and point out that 95% of the small businesses that actually hire workers WILL be affected. The businesses that actually hire workers are going to get clobbered. And the fact that those businesses that actually hire workers only account for a few percent of the total number of small businesses – most of which don’t do any hiring at ALL – is utterly irrelevant IF YOU CARE ABOUT JOBS.
If you are one of the half of all American workers who work for small businesses, realize that most of you are basically voting to lose your damn job if you vote for Obama in November.
This is largely how class warfare always works. All you have to do is demonize “the rich” and get people to hate them and want to attack them and punish them and confiscate and redistribute their stuff. You don’t get to find out until later that those people you just destroyed were the ones who had given you your job. Until after it’s too late.
As a final point, Obama is rhetorically going back to the Clinton years when his policies are really the rebirth of the Carter years. And he is trying to frame Romney as another Bush – never mind that Bush’s overall unemployment at 5.26 percent was as good as Clinton’s – when Mitt Romney ought to be comparing his policies to the Ronald Reagan who saved us from the Carter years. Obama says he wants the top income tax rate to go back to the Clinton levels. But Bill Clinton himself recently advised Obama to extend ALL the Bush tax cuts including for the upper brackets. And when Bill Clinton was president, not only did America not have the curse of ObamaCare, but Clinton had numerous tax cuts such as capital gains tax rate that were considerably lower than where Obama wants them.
Barack Hussein Obama wants to hurt the people who create jobs. He wants a society in which people have to go to government (i.e. liberals who are the high priests of government) if they want to be able to work or if they want to get welfare benefits. That’s the bottom line.
Tags: class warfare, small businesses, small businesses that hire workers
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