The President Still Doesn't Get It

By
Real Estate Broker/Owner with Oak Creek Realty Group LLC MO# 1999078273

I just got finished listening to the President comment on the country's credit downgrade. What I heard is we've cut all we can cut so we need more money. What a crock! He actually not only stood there and said we need more money but then he started talking about spending even more money. Can we pass a constitutional amendment that says that all presidential candidate, of either party, have to pass a drug test, phsycological test and have a least some minimum level on intelligence?

I don't care on the surface about the tax increases he wants on the rich. The fact is the rich will perhaps have to pay their CPAs and lawyers a few more dollars but they won't pay much, if anymore in taxes. The lets soak it to the rich and make them pay has been in the Dems playbook since at least the 16th amendment if not long before then. The people that will be hurt by increasing taxes in the way that the president has proposed over and over again are the small businesses of the country who  are already in deep trouble. Unless small business is allowed to prosper there will be no recovery! And if you really think that the numb skulls in Washington will actually pass an increase in taxes that they have to pay then you may need to do some looking deep inside because you are way off base.

The answer is apparently too simple for the super intelligent that currently run our country to understand but here it is for you.

1 - Cut spending. There's a lot out there to cut. Need a list? I'm sure there are a lot of us that would be happy to help you in that regard.

2 - Get out of small businesses way so they can and will put people to work. If unemployment was under 6% again you would have more income than you think you can get by raising taxes.

 

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Walter Hayes

Keller Williams Realty of Southwest Missouri

619 S Florida

Joplin, MO 64801

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Walter: (417) 649-6776

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E-Mail: walter@walterhayes.com

Comments (4)

Kym Wright
Prudential California Realty - Olivenhain, CA

Walter - You are so right, this country is founded on the entrepreneurs... let us do our jobs!  And do not get me started on any of these people in Washington.  Personally I think any person who works in government should have a term limit of 8 years, period!!

Aug 08, 2011 07:18 AM
Nicole Needham
Needham Realty - Winters, CA
SFR (530) 302-5478

Walter, I had to walk away from the television. I could not sit there and watch. He does not have a clue.

Aug 08, 2011 07:37 AM
Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

There are too many people that believe government spending will save us. VP Biden said (paraphrase) "We have to spend our way out of debt", which is as stupid as "We have to pass the bill to see what's in it"

I have seen a lot of homes whose owners tried spending their way out of debt and now the homes are REOs.

Aug 08, 2011 07:49 AM
Daniel H. Fisher
www.FisherHermanRealty.com (704) 617-3544 - Charlotte, NC
MCRP - Charlotte Real Estate, NC or SC

Count on someone from the "show me" state to write such a post.  Some of our representatives and senators should submit a bill to defund pet projects and pork.  Some of the cuts seem pretty good - but they are coming on too slowly. 

Keynesian economics has not worked.  Treasury Secretary, Tim Geithner on July 10, 2011 Meet the Press

We don’t have the ability (because of the overhang in housing and the problems in the financial sector) to artificially engineer  a stronger recovery.


Imagine that! Geithner acknowledges. The structural issues in the economy trump the government’s ability to engineer a recovery.

Since 2009 we have had $1.2 trillion of fiscal stimulus measures, TARP and the bailouts of Fannie and Freddie. But the evidence is mounting that it has not worked. Unemployment is today near a record and the more important measure, U6, is at 16.2% (about where it was a year ago) Nothing that has been done has moved the needle.

Aug 08, 2011 08:42 AM