Off-Topic: CBO valuing Romney tax plan
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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   CBO valuing Romney tax plan
Date:   3/8/2012 2:34:29 PM


Don't disagree ... but if it does not come back a 5%, it is sure as heck not coming back at 35%.  So Oblamer and the CBO using 35% based on about $700,000,000 that could be repatriated is nuts ... they must be smoking something. 

That is why Oblamers "proposed budget", that even dems will not get behind, is far far worse than it even shows on paper.  He proposed all these tax increases and new tax collections, with no impact to the economy, in fact higher growth than anyone has projected.  And he still has a $2 trillion deficit.  Unbelievable.

Bernake has warned about the impact new taxes could have and against letting any of the current tax rates sunset for anyone ... he keeps printing money to pump liquidity and offset the distruction Oblamer is causing. 

That is what is fueling the stock market.

We should have a good jobs report tomorrow (I hope so), but we are not making a dent in the hard core unemployed, companies are still afraid to expand.  The best projection is 2% GDP growth and that will not create enough jobs to absorb new workers in the workforce.  So under Oblamer we are stuck at 8-9% reported unemployment and 15% real unemployment counting all those he chooses not to count any more.
Other messages in this thread:View Entire Thread
CBO valuing Romney tax plan - water_watcher - 3/8/2012 6:22:13 AM
     CBO valuing Romney tax plan - roswellric - 3/8/2012 2:11:54 PM
          CBO valuing Romney tax plan - water_watcher - 3/8/2012 2:34:29 PM



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