Wednesday, September 14, 2011

“So Much for Job Creators”

Recent polls show President Obama’s chances for a second term will not necessarily be assured. Factoring in the debt-ceiling fight, Standard & Poor's subsequent downgrade of the nation's credit rating and even extending the Bush tax cuts for the super wealthy; the president’s approval rating has slipped under 50%. On the economy, only 19% of the citizenry think the country is headed in the right direction. However, with the aforementioned stinging data, here is a poll question that I pose to the citizenry:

"How can President Obama get meaningful legislation passed that will benefit every citizen from a group of elected officials whose allegiance belongs to 1% of the population aka, the super wealthy and no loyalty to the middle class, working poor and poor American?"

Do you really want to give the Tea/Republican Party another opportunity at destroying America? The Tea/Republican Party version of job creation is to damage the United States economy. Time and time again, the Tea/Republican Party members have shown that the party is more important than the Republic.

Not that any of you need an economics lesson, but the actual economy is based on money changing hands --I pay you, you pay the other person, etc. More tax breaks for the wealthy and putting more money in their pockets has little or no effect on the "real" economy. The economy has always blossomed when the middle class and working poor have more money. This is largely because we spend most of what we earn.

If you look at most large United States companies, there’s absolutely nothing about taxation preventing their economic growth. Apple Inc. for example, has accumulated more than $70,000,000,000 just in cash, and that’s the case for many of America’s big businesses. Record profits by big businesses in the Republic have never been higher and yet, layoffs at these companies are staggering. So much for the job creators! Small business--the backbone of America is similarly affected; only they don’t have the option of building up cash reserves. When the consumers, i.e. the working poor and middle class are not there--they simply fail.

I believe that President Obama must remain at the helm and that is why he must be re-elected in 2012, and continue moving forward despite the current economic crisis infecting the Republic. I sincerely believe that beyond this economic stupor we’ve endured since 2007 awaits an economic rainbow of prosperity. President Obama’s $447,000,000,000 job’s plan will be beneficial to the citizenry and the economy will recover. It will!

If President Obama is defeated in 2012 and replaced with Romney, Perry or Bachmann, whose track records on job creation in their states is so pathetic—they make George Bush’s 5,000,000 created jobs in his 8 years look like Bill Clinton; it will most assuredly accelerate the Republic’s demise.


"Progressives will bring balance to the Republic"
Anthony P. Johnson, Candidate for State Representative 180th District, 2012