September 5, 2008
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Obama wants to cut taxes while giving healthcareto EVERY American. Oh and outsourcing is evil. HAHAH
“As President, he’ll cut taxes for 95% of all working families, provide
affordable health care to every American, end the tax breaks for
companies that ship our jobs overseas, and eliminate the oil we import
from the Middle East in ten years,” -Obama campaign spokesman Bill
Burton.Okay first of all, end tax breaks for companies that outsource. The reason companies outsource is because it is CHEAPER to do so. If you end tax breaks savvy companies will STILL outsource, thus you’re taxing companies who are trying to stay competitive by cutting costs. They want to give tax breaks only to those who keep jobs in America? Any graduate of a college level economics course knows that giving economic incentives to keeping jobs we suck at inside the U.S. can only hurt our industries. OMG. We will get more and more and more non-competitive in relation to the rest of the world. In the end, no one will take those government tax breaks because the costs of a U.S. workforce are simply too high in comparison to going to say China, India, Romania, etc.
Okay, so like. Cut taxes for 95% of all working families, WHILE providing affordable health care to EVERY American. Obama will cut taxes and somehow spend more than any other administration has ever done before it on health care. AND eliminate imported oil from the Middle East. Right. And maybe he’ll stop global warming and dodo’s will unextinct. Yeesh. I mean, I’m all for educated political commentary and I can appreciate that yes, universal health care would be nice, and a little energy independence will be nice, but shoot… there’s some funny math here.
Cut taxes, which are the only way to pay for universal health care. Hm. Eliminate all middle eastern oil in 10 years. Wait, why do we want to eliminate middle eastern oil? Iran’s really the only real bad guy out there? Or so I thought?.Or that we’ll shift more than 12% of our dependence on middle eastern oil… to where… the US? Without drilling? Hah. The last time oil doubled in price, it only took a 3% blip in supply to exact that nasty toll on our pocketbooks. So the middle east people are the bad guys right? Because any of them could cut supply and double our gas prices. Then again, so could Venezuela. Oh yeah they hate us too. I just kinda don’t see this eliminating oil thing working out. Not in this generation at least.
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edit:world’s most ridiculous way to save money on food. read on, if you dare. hahahahah
http://www.xanga.com/ScottLee77edit 2:
Chad Ocho Cinco AHAHAHAHHAHA.
Comments (2)
i have to agree, the economic plan is faulty. i just came back from canada, who have socialized healthcare, and get taxed UP THE BUTT. seriously, when you have dinner there, there are 3 separate taxes – 4 if you get alcohol! i think our meal ended up being taxed about 25%. it was INSANE.
so as nice as i think socialized healthcare is, unless you wanna be paying 25% in taxes, i don’t think it’s gonna happen. and it’d probably be more in the US since we have too many frickin people.
outsourcing may help “savvy companies” but not the average american worker. the spending power of the average american worker has steadily decreased over the last 50 years and globalization has only exacerbated the trend. despite the last boom cycle, median income is lower now in 2007 than it was in 2000. meanwhile exeutive pay keeps growing by leaps and bounds. so much for trickle down economics. the growing discontent from middle america isn’t just populist demogaguery. the numbers say it’s a real problem.
ceo’s keep talking about the need to outsource to stay competitive globally. there’s truth to that but they’re faceitious when they talk about it as if it there’s no cost to american society. i’ve read “the world is flat” too. Note friedman does a good job describing the phenomenon but his solution to it is pretty lame. simply telling american workers to get better skills isn’t exactly a foundation for govt policy. retraining the american workforce is a decade long process and govt needs to help do things to help the middle class in the interim.
i don’t like obama either but he’s just doing his job, selling snake oil like every other politician