The Dow Jones Industrial Average has lost a third of its value since Obama's been in office.

Mar 06, 2009 23:48

"Okay, let's see. We had a $1 trillion stimulus package, and today Barack Obama proclaimed that it saved 25 jobs. So that means we spent $40 billion per job. Yes, I know it's worth it. I mean, those people will eat for a year ( Read more... )

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katibear March 7 2009, 20:25:20 UTC
I want people to be able to keep their money that they earn so that they can make the choice to give it away to charitable organizations who do a lot better job at taking care of the hungry than the government ever has or will. Since not all people are necessarily that generous with their money, offering a tax cut for giving to these organizations seems like the best way to get the money to the people who can use it most efficiently without removing the people's choice in where that money goes ( ... )

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katibear March 9 2009, 09:13:14 UTC
And the money that comes from NYC to fund that program comes from the people... and many of the wealthy in NY are considering moving out of the city due to the proposed raise on taxes. So that would leave a shortage of funds for these programs. So maybe we can agree that it is a bad thing for the government to be raising the tax at all right now, especially for those wealthy people who would otherwise be staying in the city, paying the current high tax rate, and donating money if not for the raise in taxes. I'm not for taxes, but at the very least we shouldn't be raising them right now, for anybody! It has a trickle down effect that will affect everyone in the end ( ... )

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