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Barackonomics103 (the fall of the Lower & middle class')

Posted by ConservaBliss on Sunday, October 19, 2008 10:01:35 PM
Barackonomics will tax the hell out of the successful and stick a knife in the back of lower and middle class citizens.  This is a concept that noone is talking about in the mainstream media, talk shows or news outlets.  The whole emphasis is on the rich and how they deserve to "spread their wealth around".  After all, to 95% of Americans, this system sounds wonderful......but wait......is it?
 
Lets keep it simple and get to the point.
 
Take any small, medium or large business you want....let's say the home of the Big Mac...McDonalds.  As you should know, tax liability is one of many costs of doing business along with payroll, rent, fuel, etc....and every company has a profit margin or percent that it must sell its product for in order to make money.   If any of these costs goes up, one of two things must happen.
 
1.   McDonalds can cut other costs, i.e. lay off workers, to make the same profit margin ......or
2.  McDonalds can raise their prices to make the same profit margin.
 
One thing is for sure, they are not going to send more money to the government and not make up for it somewhere else...period!
 
So you see, either option McDonalds chooses to take will hurt the lower and middle class the most.  Think about this concept in everything you do daily....groceries...prices going up, fuel...up, new car...higher price, new home....same thing, utility bills....price up...
 
Get the picture.  It's very basic but for some reason, kept very quiet.  If you learn one lesson studying Barackonomics learn this...businesses and corporation DO NOT pay taxes....they pass that cost on to you....the consumer.  So raising their taxes may sound good.....but you'll pay for it.
 
The next time you roll up to McDonalds and the $.99 menu is now the $1.50 menu, you can thank Barackonomics.
 
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Barackonomics 102

Posted by ConservaBliss on Sunday, October 19, 2008 10:05:11 AM
Ok so if you read my first blog, Barackonomics101 and could not believe that any of the three scenarios were true....the correct answer was C....really!
 
   Let's get both very serious and very basic.  When the idea of class warfare comes out via words, it always sounds so great. Almost heroic. Robin Hoodish.  We will take money from the rich and give it to the poor, or in this case, the middle class.
 
These words so elegantly spoken by Senator Obama sound wonderful to the millions of people it targets.  95% of the people will get tax cuts under his plan.  If you don't make over $250,000 a year, you'll get a tax break.  That's right...this targets a large majority of U.S. voters...THAT'S THE PLAN!  Quick anaogy.......
        
       Little Johnny comes to school with $20 in his pocket.  His classmates find out about it and complain to the teacher.  In fairness, the teacher tells the class....let's take a vote, all in favor of Little Johnny keeping all his $20 raise your hands....one hand is raised....or all those in favor of Little Johnny giving every student  (20 students) one of his dollars raise your hand....19 hands go up.... Little Johnny, welcome to Barackonomics!
 
   Ok...back to serious.  This year's economic plan presented by Obama aims directly at the citizens who have been griping for years that this kind of plan is dead wrong.  For years the middle class has been sending tax dollars to the government just to see the government send it to non-working, welfare recipients.  The middle class has been furious about having to support the do-nothings in this country.  That's right... the middle class, the hard-working, blue collar people that work hard every day just to see their tax money filtered to their non-working counterparts are now going to be the new "welfare via tax cut" recipients.
 
So here comes Barackonomics!  Let's take all of that anger in the middle class pointed to the do-nothings and aim it at "the rich".  We'll give you, the hard working middle class a small tax break, and we'll take it from the people you once aspired to become....the successful.  WOW, when did we as middle-class Americans become the group of entitlement?
 
   We work hard, we don't need the rich to be overtaxed for us.....we need the rich ...uh....to employ us! Remember that!!!
 
Want to know how Barackonomics will hurt the poor and middle-class the most?....read Barackonomics 103.
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Barackonomics 101

Posted by ConservaBliss on Sunday, October 19, 2008 9:03:00 AM

Listed below are three outrageous scenarios and only one is true: Can you find the true statement?

A. Beginning in 2009, the PGA has announced that Tiger Woods, one of the best golfers of all-time, will be penalized strokes in each tournament to make the season more competitive. One-half of all Wood's birdies and eagles will be taken from him and distributed to last place finishers of each day to allow more "weaker, less talented" golfers make the final cut. A PGA spokesman explains " it's nothing personal against Tiger, he has worked hard all of his life to become the highly successful player he is today, but we feel he has been too successful, and this is the only way weaker golfers can compete."

B. In an effort to restore confidence in our public education system, the National education board has instituted a new grading method called the "CtoC Program." This system will shave points off the strongest students and slide them to the weakest students. The smartest kid's A grade will slide down to a solid "C", while the failing student's "F" grade will jump up to a passing "C". Officials say in some cases, if the smart students study extra hard, the failing students grade could even catapult to a whopping "B", allowing the do-nothings a chance to feel more successful than there hard-working counterparts. Under this system, schools would have zero failures to report and millions of instant success stories to display to the world.

C. Presidential hopeful Barack Obama has released details his economic plan to save our country. Under Obama, successful citizens and small businesses will be taxed at an extremely high rate to compensate for the less fortunate, under-achieving portion of our society. The plan is designed to overtax anyone making over $250,000 annually, all these proceeds will go to Obama and the government and then will be distributed via more government programs (i.e. welfare) and small tax breaks for the middle class. Obama says "its not that I want to punish your success...I think when you spread the wealth around it's good for everybody."

As I said at the top of the page, one of these scenarios is really true....really! Read Barackonomics102 for the answer!

 
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