This Economy SUCKS; by Larry Elder.
Thanks again Chief and JimmyMack!
JM, I appreciate the distinguished history lesson of the south, and particularly the history of the coastal empire and surrounding area's to include the Darsey clan.
Yes PN. As some of us know: It is indeed a New World Charlie Brown.
JimmyMack, posted this statement on Chiefs “Dubya’s 4th Term Revisited” and a starter to talk about “Oh, Yeah, the Economy”
1.Does this mean we should accept 5T of National Debt in 4 1/2 years instead of 8 or pass a balanced budget amendment to the constitution?
2.Does this mean we should continue to have over 7% unemployment levels with the labor participation rate lower than it was over 30 years or instead levels fewer than 5% with the LPR at an all-time high?
3.Does this mean that we should add 17M more to food stamps over the next 4 years or should legislation be passed to allow free markets to do what they do best, grow wealth and add jobs which results in less SNAP?
4.Does this mean the Feds should bankrupt the coal mining industry through regulations to push green jobs that are wasting our money or should we tap into our own natural resources in ANWAR, Colorado, Utah and Wyoming while continuing to develop green jobs until they are refined and processed to actually work?
5.Does this mean that we can continue to pass partisan legislation that affects 1/6th of the Economy without constitutional muster during passage? The Supreme Court ruled the legislation constitutional because of congress power to tax and John Roberts a conservative was the deciding vote; however I think he was wrong now because Article 1 Section 7.7.1 states: All bills for raising revenue shall originate in the House of Representatives; but the Senate may propose or con cur with amendments as on other bills. Obamacare was originated in the Senate and BHO said you can’t pass healthcare with a 50+1 vote and that you need a sizeable majority 60 votes to pass. He never did get the 60 votes because Ted Kennedy died.
6.Is this the New World you are referring to?
1.JM the TP wants the Feds to spend within the allocated budget. Progressives want to spend more money than allocated.
2.Unemployment is 7.6% and the Labor Participation Rate is at a 30 year low. Is this the new world Charlie Brown?
3. With more people working, there would be more people paying taxes (Skin in the game)and less people on food stamps (No skin in the game), thus strengthening the economy and even more support for those who truly cannot help themselves. The wages you earn should only be determined by the experience and skills that an individual brings to the table. As your experience and skills increase, so does your wages. I'm speaking from my personal experiences too.
4. Is that yes for bankruptcy or a balanced approach?
5.This is how history will judge it, the bottom line will be did he follow the rule of law and all we have to do is review the constitution for accuracy in legislation.
6.Can you define what their part is? The top 1% already pay 40% of the federal tax bill and that's about 1.6M out of a working force of about 165M within a country of over 300M. We could take all of their wealth and it wouldn't put a dent in the deficit!