He is extremely smart, for sure. He knows exactly what to do to DESTROY this country. He hates what the USA stands for (not to say he hates the USA), and he believes we need to be cut down to European size.Facts:1. 45% of Americans pay no taxes[/citation]
Yeah, sucks when you're below the poverty line ($10k a year for a single person, $25k a year for a family of 4)
[citation][nom]fball922[/nom]2. European countries have enormous taxes and weaker economies. They have entitlement programs that Obama can only dream of, but many are cutting them because they are not possible to achieve in reality.[/citation]
You realize that Greece's retirement age was 50 right? You realize that Portugal and Ireland have extrememly loose tax systems right (look up the Google Double Irish to see what I mean). When you a small tax base, of course you're going to have issues.
[citation][nom]fball922[/nom]3. There is a reason tax cuts don't need to necessarily be funded. Reagan proved that when you cut taxes, government receipts GO UP. Increasing taxes on the wealthy only forces them to sit on their money and/or find more ways to avoid paying taxes (there are very legal ways of doing this). Taxing businesses is stupid to begin because you cannot tax a business at all... the cost is just passed on to consumers anyway. That's why the Fair tax makes so much sense, but people like Obama would never give up the punitive power in our 17,000 page tax code.[/citation]
Trickle down didn't work. You seem to forget what happened when taxes were raised on the ultrawealthy, they shelter their income in dividend paying stocks as dividends are taxed a a very low rate (around 15%) which means the ultrawealthy invent their money into companies which causes the economy to grow. Want proof of this, look at Clinton's presidency where he raised the taxes further (after GW Bush raised them initially which cost him a second term) thus starting one of the biggest economic growth periods for the US in decades and eventually led to budget surpluses that started to eat away at the debt of prior presidencies (going back to FDR, but mostly from what Reagan had done, prior to Reagan, the US had some debt, but it wasn't too bad, after Reagan it was OMG huge).
[citation][nom]fball922[/nom]4. Given the ramifications of raising/lowering taxes in 3, Obama has implemented spending programs with no hopes of paying for them.[/citation]
One has only to look back at the Clinton presidency to realize what raising taxes can do. Where programs can be paid for and debt can be lessened with budget surpluses.
[citation][nom]fball922[/nom]5. Obama didn't get us in to a "protracted war"? He has had no plan on how to handle it from the beginning. The great leader who got the Nobel Peace Prize is out bombing a sovereign nation. GASP. Do you realize that with both Iraq and Afghanistan, there were coalitions and UN statements in support of it? [/citation]
Yet if Bush and Chenney weren't so gung ho to try and finish the job that Bush Sr and Chenney should have done over 10 years prior, when the world would have been behind us all the way, we wouldn't have had the expenditures we have from a war that was started under false pretences where intelligence showed otherwise.
[citation][nom]fball922[/nom]6. Obama certainly has added jobs to the economy, the majority in the form of Federal government jobs. He has done very little for the private sector, but what does he care about that?[/citation]
Bush lost most of the jobs. Likewise, you need to learn history and realize that sometimes the government needs to step in and create the jobs. Look back to how FDR got Americans working again during the Great Depression; hint - it was from start various civic projects like the building of Grand Coulee, Boulder (now Hoover), and various other Dams in the west along with other infrastructure projects. Obama tried to get infrastructure repaired and brought back up to speed and it did create jobs and help the economy move (realize that the last time there was any large scale infrastructure done in the US was back during the Eisenhower presidency).
[citation][nom]fball922[/nom]7. Obama certainly has decreased unemployment, but have you ever heard of UNDERemployment? Look it up and see where we stand. The economy is getting WORSE.[/citation]
Really? Funny, the GDP has been actually growing over the past two quarters, something it hasn't been doing since around 2007. There have also been companies hiring to put people that have been out of work, like myself, back to work.
[citation][nom]fball922[/nom]8. Obama is intentionally choking our energy supply. The EPA has forced Shell (I think) to stop drilling in Alaska and arbitrarily stopped all drilling activity in the Gulf following the accident, without plausible cause. This cost the region a number of jobs and economic activity. They have given ONE new drilling permit off the coast (I think...), yet complains about how GREED and PEOPLE WORKING THE SYSTEM are to blame for high oil prices... HA. The silly idea of green energy being a viable solution now is a complete sham, and he knows it.[/citation]
Do you realize what kind of effect the gulf oil spill had, both above and below the surface? Do you realize that where people are wanting to drill will effect wild life, but the oil companies are unwilling to do side drilling to get to the oil which would lessen the effect to the protected areas while only increasing costs a small amount on the extraction of oil that is considered low to mid quality oil compared to other oil reserves? Do you realize that Oil companies charge 65% of the cost of a gallon of gas to just pull up the oil in question, not talking about refining or the like, but the actual extraction which costs much less of a percentage per gallon thus allowing them to make huge profit margins *and* them getting subsidies from the US government on top of those profit margins?
[citation][nom]fball922[/nom]9. As for the national debt, here's a nice little analogy: http

/www.youtube.com/watch?v=P5yxFtTwDcc[/citation]
I refer you back to the bloat in the debt caused by the deficits under Reagan and the surpluses created under Clinton thanks in part to Bush Sr's and Clinton's raising of taxes against the ultrawealthy and the like.