Question:

Has anyone study what Burack Obama tax proposals may do to this nation?

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He is proposing a top tax rate increase to 39.9 percent higher social security taxes and much higher capital gains tax. The last time in American history when we got this massive of a tax increase was during the Hurbert Hoover administration he did the same thing becoming one of the worst presidents in US history…. The result of similar policy were massive unemployment record federal dificits plunging us in to the great depression which took WWII to get us out of.

I think Barack is a example of our failed public school system not teaching economics or history making many in the younger generation feel that their ideas are fresh and new, no checking of history to observe what works and what doesn’t, hence the term those who fail to study and observe history are doom to repeat it. It will be a pity if many Americans will suffer from the lack of leadership and disregarding historical facts.

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5 ANSWERS


  1. Obama is an emloyee of the super wealthy who want to drain this nation's wealth through taxation.


  2. You should at least learn to spell his name.

    thanks

  3. I agree completely. I realized today that America is more than likely going to fall within the next 5 years. When I say fall, I mean serious depression. People think it will fall and "bounce back" but a depression today would be much worse than in the 30's. People in the 30's were at least self sufficient enough to grow their own food and had some moral decency about them. Could you imagine if today's population had a depression. There would be so much killing amd stealing and chaos. And don't worry, everyone in congress and upper power would flea to their homes on islands and leave us to fend for ourselves. What a sad place we have gotten to.

  4. do you mean Barack?

  5. You are correct. His social policies could do long term damage, this guy is bad news.

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