Showing posts with label joe biden. Show all posts
Showing posts with label joe biden. Show all posts

Stand Up Economy!

 

as much as i would like to just joke on biden for his erroneous call for action for the poor senator to stand, that's not what this is about (though extremely amusing). and, as much as i would like to go passively through this presidential race while my moderately left to extremely left blog counterparts are commenting on the state of affairs of our economy, i must give my two cents worth while still creating original artistic content. 

 

the capital gains tax will not help our economy.  it may help the national deficit. whoopty friggin' doo.  as businesses who have invested in their business plans and properties finally get a glimpse at a returning market, the profit margin will be limited by the increased taxes and will give little incentive for others to again invest in the housing market.  also, the increased capital gains taxes will decrease the amount that americans can put away into the banks.  as sbb so eloquently described it, if there is no money in the bank, credit will not be given and the economy again is crippled.  mccain who offers a plan of options for the tax payers, does not encourage creating future loop holes for businesses while having a less skewed tax curve that supports economic growth of small and large businesses. 

 

more to come.  bailouts and nuts.  yes, nuts.  acorn is both nuts and a questionable organization. discuss amongst yourselves. i'm feeling a bit verklempt.


Free Blog Counter