Obama Wins the Prize or Political Climate Change — Recession Baby!
Posted by Jeff Id on August 4, 2016
Well folks, we have started a new recession. It look pretty deep this time, rather like 2008. Maybe not though as reductions in gas price will moderate the problem but it isn’t looking pretty. Very fast decline in production across a wide variety of markets.
What Id? Have you lost your mind…. CNN didn’t report that. Is this another Lewandowsky paper setup?
Well, turns out I don’t need CNN or MSNBC to know what is going on with the economy. I have another way. I have the advantage of owning a large enough company which is well distributed across America which provides me the truly awesome opportunity to talk to other businesses leaders.
It could still turn around in which case I will post a different story — god I hope to write that one next week… but I waited for over a month prior to posting and it does not look good. More to come from our crack network news outlets — after the election of course and then we will have — BREAKING NEWS!!!!
So if you want less cigarettes — tax the hell out of em! — everyone gets that — totally makes sense.
If you want less guns — tax them to bejesus! — got that too.
If you want less soda pop — tax it — everyone knows that!
We have the highest business tax in the world and it is primarily taxed at a personal income tax rate. Yet we mouth the words “we want more jobs” while at the same time support even higher taxes – for business owners.
It is the height of ignorance to be angry at business when jobs move overseas.
It is the height of stupidity to expect them to stay.
Like it or not, Liberals and RINO’s own this one. They will blame the election, others who are actually producers will recognize that the instability of the business environment in a financially stressed economy is the real issue.