jujuman13
DP Veteran
- Joined
- Jun 1, 2006
- Messages
- 4,075
- Reaction score
- 579
- Gender
- Male
- Political Leaning
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Hillary Clinton for President - WSJ.com
Quote(America's economy is failing to produce jobs, increase growth or raise confidence, and it will likely get even worse next year. Our federal government's spending has increased to $3.7 trillion this year from $2.98 trillion in 2008. Publicly held national debt is up by $2.4 trillion in less than two years, to about 63% percent of GDP from 40%, and is expected to reach 70% by 2012. Add in the unemployment rate, which has remained above 9.4% for over a year, and America is clearly failing economically.
Next January the economy will be further depressed by increasing tax rates. The top income tax rate will rise to 39.6% from 35%, and the phase-out of itemized deductions and personal exemptions will effectively lift the top bracket to about 40.8%. On New Year's Day the tax on dividends is scheduled to go up to 39.6% from 15%, and come 2013, ObamaCare will add another 3.8%.
Other bad public policies will further drag down the economy. ObamaCare will increase individual costs and expand the deficit. Failing energy policies, from Washington's inept response to the Deepwater Horizon oil spill to its effort to limit tapping America's oil supplies, will drive up our use of imported foreign oil beyond the current 67% of our country's oil consumption.)
I am not a natural Democrat, I could never support someone like H. Clinton for president as in my own estimation this woman is nothing other than a thief.
Having said that, the twirp currently occupying the oval office in the White House cannot command the respect that should be due to the Holder of that office is causing almost irepairable harm to the US.
Certainly the idea of another 4 years after 2012 is abhorrent, some other person must be elected President, one that can adequately do the job, one that has the experience to be able to tackle that job.
Hillary Clinton for President - WSJ.com
Quote(America's economy is failing to produce jobs, increase growth or raise confidence, and it will likely get even worse next year. Our federal government's spending has increased to $3.7 trillion this year from $2.98 trillion in 2008. Publicly held national debt is up by $2.4 trillion in less than two years, to about 63% percent of GDP from 40%, and is expected to reach 70% by 2012. Add in the unemployment rate, which has remained above 9.4% for over a year, and America is clearly failing economically.
Next January the economy will be further depressed by increasing tax rates. The top income tax rate will rise to 39.6% from 35%, and the phase-out of itemized deductions and personal exemptions will effectively lift the top bracket to about 40.8%. On New Year's Day the tax on dividends is scheduled to go up to 39.6% from 15%, and come 2013, ObamaCare will add another 3.8%.
Other bad public policies will further drag down the economy. ObamaCare will increase individual costs and expand the deficit. Failing energy policies, from Washington's inept response to the Deepwater Horizon oil spill to its effort to limit tapping America's oil supplies, will drive up our use of imported foreign oil beyond the current 67% of our country's oil consumption.)
I am not a natural Democrat, I could never support someone like H. Clinton for president as in my own estimation this woman is nothing other than a thief.
Having said that, the twirp currently occupying the oval office in the White House cannot command the respect that should be due to the Holder of that office is causing almost irepairable harm to the US.
Certainly the idea of another 4 years after 2012 is abhorrent, some other person must be elected President, one that can adequately do the job, one that has the experience to be able to tackle that job.