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Obama will make economy far worse.
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<blockquote data-quote="wkmac" data-source="post: 457809" data-attributes="member: 2189"><p>[media=youtube]4sZKlKEU2do[/media]</p><p></p><p>3 mil new jobs with 80% being in the private sector. If my math is correct that would suggest 600k jobs will be in the public sector. Since I've not heard of massive layoffs in the public sector, this would suggest gov't will grow in size. Where does the money come from to pay for these new 600k gov't jobs?</p><p></p><p>Since everyone is already tapped out, what we can do is tax directly the new 2.4 million private sector jobs at a level high enough to pay for the 600k gov't jobs. This means that every 4 new private sector job holders, they pay an amount equal to the total costs of 1 new public sector job hold. This would work as it would also allow the new budget expenditure to balance and would negate the need to borrow money and inflate the debt as Bush did. I mean, Bush was rightly condemned for his fiscal irresponsibility in both out of balance budgets and massive debt increases. Taxing the new private sector jobs directly to pay for the entire cost of the new public sector jobs would be a great way for the new President and his party to show real fiscal repsonsibility and setting an example of not living beyond one's means.</p><p></p><p></p><p>I look forward to watching our new President set such a wonderful example!</p><p></p><p></p><p>Did I ever tell you guys just how long I can hold my breath?</p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/sick.png" class="smilie" loading="lazy" alt=":sick:" title="Sick :sick:" data-shortname=":sick:" /><img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 457809, member: 2189"] [media=youtube]4sZKlKEU2do[/media] 3 mil new jobs with 80% being in the private sector. If my math is correct that would suggest 600k jobs will be in the public sector. Since I've not heard of massive layoffs in the public sector, this would suggest gov't will grow in size. Where does the money come from to pay for these new 600k gov't jobs? Since everyone is already tapped out, what we can do is tax directly the new 2.4 million private sector jobs at a level high enough to pay for the 600k gov't jobs. This means that every 4 new private sector job holders, they pay an amount equal to the total costs of 1 new public sector job hold. This would work as it would also allow the new budget expenditure to balance and would negate the need to borrow money and inflate the debt as Bush did. I mean, Bush was rightly condemned for his fiscal irresponsibility in both out of balance budgets and massive debt increases. Taxing the new private sector jobs directly to pay for the entire cost of the new public sector jobs would be a great way for the new President and his party to show real fiscal repsonsibility and setting an example of not living beyond one's means. I look forward to watching our new President set such a wonderful example! Did I ever tell you guys just how long I can hold my breath? :sick::happy-very: [/QUOTE]
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