Monday, October 20, 2008

McCAIN MIDDLE CLASS' HERO AND OF JOE THE PLUMBER

I haven't heard a financial expert yet say that Obama's plan to displace wealth to lower income families would stimulate the economy, but rather may indeed hurt it




With so many businesses fleaing to China, Mexico or even Canada due to high taxation on businsses as is and "displacing jobs" How could Obama's plan help?



most experts don't think it can

http://money.cnn.com/2008/10/20/news/economy/stimulus_take_two/?postversion=2008102017

http://healthcare.zdnet.com/?p=1139






I saw something intresting in the LA Daily News
..where a woman from Jamaica Queens was complaining about fed aid to the banks
(I underlined it)




"The feds need to give that money to the middle class so we can pay our bills"



  • How telling is this statement? if all that money goes to "the working class" as you suggest Catherine, who will you be paying your bills too?




  • Catherine, You'll bankrupt the oilheating company that heats your home "thus laying jobs off"'



  • You'll bankrupt you're electric utilities company forcing them to lay off 1000 of jobs, perhaps............instead of creating new jobs with money as stimuli


&

if their are no banks or credit cards (to bail out) or retailers, what's "all that money worth" that you want to give back to the working class?





..............
now I understand the middle class need tax breaks, affordable mortgages and competitive salarys, but giving handouts and taxing the pioneers of industry is NO WAY of doing it!





...... But if Joe the Plumber cannot hire 3 more workers and grow because everytime he try's to he gets taxed that much higher than that's 3 more people without a job AND 3 more people we need to help





.............
A wiseman once said: give a man a fish he eats for today, teach a man to fish he eats for a lifetime
.............





















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