Sunday, 22 November 2009

Obama Fails Again at Employment while Destroying the Tax Base

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Obama is the perfect example of why professors teach and don't doAs if small businesses needed another reason not to hire, consider their latest financial burden: The cost of rising unemployment itself.  Another systemic Tax made worse!

Gee, Mr. Presidente, do you think you could hire some forecasters for your commerce czar's policy panel?

Employers already are squeezed by tight credit, rising health care costs, wary consumers and a higher minimum wage. Now, the surging jobless rate is imposing another cost. It's forcing higher state taxes on companies to pay for unemployment insurance claims.

Now I realize Comrade Obama that getting the $4 Trillion dollar Healthcare legislation and the as yet unaccounted for (more than $10 Trillion dollars I'm certain) Cap and Trade bill passed has been foremost on your agenda.  I totally understand your conundrum, to please your global masters or help your fellow countrymen out.  And I suppose given the 100's of millions of reasons you were given during your campaign run its clear who you decide to serve first.

It's really to bad that the tax base that has so long fueled the federal governments year round christmas spending spree has pretty much collapsed in upon itself because of your ill informed choice.

As always Comrade Obama.... Keep the change.

 

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Posted by sentiant at 3:59 PM in Obama's Employment Fail
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