ST Alpha - "BO is initiating the largest money-grab on record from the private sector to the public. If businesses don't spend, the money grab is futile. " (Reading a Post)

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In response to "what does business spending have to do with a balanced government budget?" by ty97

BO is initiating the largest money-grab on record from the private sector to the public. If businesses don't spend, the money grab is futile.

Posted by GJOSHGREEN Aug 3 '09, 11:00

The idiots on the Hill continue to spend and it spirals downward from there.

Responses:

I *know*! Woohoo, Obama! -- nm - David Aug 3, 11:04
business spending is an indicator of economic growth. They're not expanding because all the work for profits is going to taxed to death. - GJOSHGREEN Aug 3, 11:04 10
- If you're getting taxed at that high of a rate, chances are most of your income isn't from "working" in the first place, in the conventinoal sense of - znufrii Aug 3, 11:09 9
  - [deleted]
  - are you still in NY state? -- nm - GJOSHGREEN Aug 3, 11:12 7
    - sure am. -- nm - znufrii Aug 3, 11:12 6
      - taxes alone would eat up >$22k of a $65k salary...and that's before the health care tax hike/cap and tax/expiration of Bush cuts in '10 - GJOSHGREEN Aug 3, 11:19 5
        
        the accuracy of that number aside... - znufrii Aug 3, 11:24
        
        If taxes are too high, and the deficit is killing us, what's your solution? -- nm - ty97 Aug 3, 11:21 3
        
        quit spending money...quit bailing out private companies...quit starting new programs when we can't fund the old. - GJOSHGREEN Aug 3, 11:23 2
        
        [deleted] 1
        
        I agree....but people will continue to hoard cash if they think they have to brace for something. - GJOSHGREEN Aug 3, 11:26
oooo....kkkkk. Again, what does that have to do with a conversation about a need for a balaned budget? - ty97 Aug 3, 11:02

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