In economic speech, Obama reveals true colors (and reveals he is insane)
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I think his point about "you didn't make that" is that your business was built on the backs I your employees.
Cost of living has gone up about 20%-30% in the last 15 years... Wages... Not so much.
Must be that mental illness again Posted from my iPhone/Mobile device
I think his point about "you didn't make that" is that your business was built on the backs I your employees.
Cost of living has gone up about 20%-30% in the last 15 years... Wages... Not so much.
Must be that mental illness again Posted from my iPhone/Mobile device
Speaking in terms of minimum wages:
Minimum wage in 1997 = $5.15
Minimum wage in 2012 = $7.25
That is a 29% increase over the last 15 years and appears to be on par with cost of living...............
"I know a taxidermy man back home. He gonna have a heart attack when he see what I brung him!"
I think his point about "you didn't make that" is that your business was built on the backs I your employees.
Cost of living has gone up about 20%-30% in the last 15 years... Wages... Not so much.
Must be that mental illness again Posted from my iPhone/Mobile device
(1) Your assumption of what he meant is quite a leap, if you look at what the man actually said. Obama said business folks benefit from folks who build roads and bridges, and they benefit from sacrifices made by schoolteachers. (All that is true, by the way. But it's also pointless, because business owners continue to support that infastructure by paying taxes. I don't know why Obama felt the need to point out that we benefit from roads and bridges and schools, because I have never heard an influential conservative say otherwise)
(2) Do employees break their backs at work for free? I sure don't. Your point assumes that business owners are exploiting their employees. Where's the evidence of that? Unfortunately for liberals, not every wealthy American is a sinister, cartoonish version of Mr Potter from "It's A Wonderful Life" or Mr Burns from "The Simpsons". Liberals can beat the "blame the rich" drum all they want, and I'm certain they believe it's a valid point, but it's stupid nonetheless.
Eben, you sarcastically throw around the term mental illness. What do you call it when a President consistently blames succesful people for the challenges faced by others?
One person's wealth does not cause another person's poverty. Wealth is not finite, it's not like a pizza. If Bill Gates earns another million today (and he probably will), that does NOT mean there's a million less for the rest of us. In fact, it's better for all of us if he earns another million, because he pays a high tax rate on that, which lessens the burden on the rest of us.
To claim otherwise is, well, a mental illness. The irrefutable fact is, the existence of wealthy people is a good thing for the non-wealthy. As a group, they pay a hugely disproportionate share of taxes, they create jobs, and they give a lot to charity. Yuo never hear Obama say these things. Because it's easier for him to blame them for his idiotic decisions.
I think his point about "you didn't make that" is that your business was built on the backs I your employees. Posted from my iPhone/Mobile device
"Yes, that is part of the point he was making. And "built on the backs [of?] your employees" is the kind of class warfare rhetoric he may well have wished to imply. Everybody's backs are being "ridden" in a business, including, and especially, the backs of those who start and run the business. The employees are riding the backs of the employers whose backs created and maintain the business that creates the jobs to which the workers voluntarily donate their backs for the remuneration that enables them to have a functional, if not a good, life. And a free enterprise system REQUIRES that there be entrepeneurs. They are its life blood. It requires individual effort from top down and bottom up. It's purpose is to make possible individualism and individual liberty, as opposed to a socialistic system which requires collective effort (whatever that is) to maintain Woodrow Wilson's concept of society as a well functioning beehive. Socialism's benefits are to the hive not the drones.
So the entrepeneur does not owe anything more to society than his effort. The society depends as much, or more, on him than he depends on society. He has already contributed greatly and more meaningfully than his employees to a society whose purpose is individual liberty
I think his point about "you didn't make that" is that your business was built on the backs I your employees.
Cost of living has gone up about 20%-30% in the last 15 years... Wages... Not so much.
Must be that mental illness again Posted from my iPhone/Mobile device
Just left a business where many of the employees made the same or more than I did in an average year. They also had less responsibility and worked fewer hours.
Then there's my current business with one employee (me) and the occasional Boston freelancers that I'll hire.
Because he's pandering to "the working man", Obama intentionally neglects to mention that 99% of all businesses are small businesses and they employ half of all working people in this country. Not to mention that 52% of those small businesses are home-based - meaning that the owner is likely working harder and longer hours than their employees. Frequently Asked Questions
Obama intentionally neglects to mention that the business world is made up of more than just Goldman Sachs, Microsoft, JPMorgan Chase, Citigroup and other massive businesses (that also happen to be top Obama Donors). http://www.opensecrets.org/pres08/co...?cid=N00009638
Obama prefers to paint any person who owns a business as someone that has to find time between golf at their country club and trips on the yacht in order to make business decisions and decide on how best to screw over the average worker. Unfortunately because of this philosophy being preached by Obama, anyone who owns a business is assumed to be part of some secret society that has members that have never known a hard day's work.
I guess I should get started writing thank you letters to all those employees that worked for free in order to keep me propped up in high society.
How about you Nebe? Have you written thank you letters to all the employees of yours that have kept you propped up so The Glass Station can continue functioning?
Obama prefers to paint any person who owns a business as someone that has to find time between golf at their country club and trips on the yacht in order to make business decisions and decide on how best to screw over the average worker. Unfortunately because of this philosophy being preached by Obama, anyone who owns a business is assumed to be part of some secret society that has members that have never known a hard day's work.
Bingo.
I couldn't help but notice that when Obama (you know, the one who sympathisizes with the little guy) vacations on Martha's Vineyard, he's not pitching a tent or staying in a youth hostel. So it's OK, I guess, for him to pursue the rewards of wealth and prestige. But if anyone alse does it, we are the enemy.
I also notice that when Obama goes to fundraisers in Hollywood, he doesn't lecture Barbara Streisand and Steven Spielberg about the fact that their servents (employees) make a lot less than they do..
So if you are wealthy and vote Democrat, then you are a swell guy. If you are wealthy and vote Republican, you are a sinister crook hell-bent on screwing your employees.
That's "hope and change"?
Unfreakinbelievable. And here in CT, the only unknown this November, is how badly my side will lose to these people.
Going back 5-7 years a small business worked 4 months for the fed & state before the business saw one dime of profit.
Now a small business works 7 months a year for the state & fed.
Quote:
Originally Posted by Nebe
I think his point about "you didn't make that" is that your business was built on the backs I your employees.
Cost of living has gone up about 20%-30% in the last 15 years... Wages... Not so much.
Must be that mental illness again Posted from my iPhone/Mobile device
Going back 5-7 years a small business worked 4 months for the fed & state before the business saw one dime of profit.
Now a small business works 7 months a year for the state & fed.
Posted from my iPhone/Mobile device
Source? I can't say if you are right or not, but a quick search shows this from the CBO as reported in the wall street journal
"Total corporate federal taxes paid fell to 12.1% of profits earned from activities within the U.S. in fiscal 2011, which ended Sept. 30, according to the Congressional Budget Office. That's the lowest level since at least 1972. And well below the 25.6% companies paid on average from 1987 to 2008."
and this:
"Small business sole proprietorships pay an average
effective tax rate of 13.3 percent. Sole proprietors
make up 84 percent of businesses with gross
receipts of less than $25,000 (13.5 million out of
15.9 million)." http://archive.sba.gov/advo/research/rs343.pdf