Ruinous Economic Policies


It seems that every day now brings another business owner in the news talking about cutting workers’ hours or making other cost-cutting moves in anticipation of Obamacare’s impact in 2013.

Here are just a few of the business owners’ comments on the health care law:

  • "We've calculated it will [cost] some millions of dollars across our system. So what does that say—that says we won't build more restaurants. We won't hire more people," Zane Tankel, chairman and CEO of Apple-Metro, which runs 40 Applebee's restaurants. >> Tweet this quote

  • "There's no other way we can survive it, because we think it will cost us 50 cents a sandwich. That's just the actual cost. If you have 40 or 50 employees at a restaurant, and the penalty is $2,000, and you're going to pay $80,000 or $100,000 penalty, there goes the profit in your restaurant."—Jimmy John Liautaud, founder of Jimmy John's subs, who said he was considering cutting workers’ hours to come in under the Obamacare mandate threshold. >> Tweet this quote

  • “It’s a great concept. We want to have everyone insured. The problem is, who is going to pay for it and how are we going to accomplish this?” — John Metz, who operates roughly 40 Denny’s locations and five Hurricane Grill & Wings franchises in Florida, Virginia, and Georgia, and has said he may have to add an Obamacare surcharge to his menus. >> Tweet this quote

  • “New unit construction will cease if we have to allocate moneys for that construction to the [Affordable Care Act]. And building new restaurants is how we create jobs.” — Andy Puzder, CEO of CKE Restaurants, which owns Hardee’s and Carl’s Jr.

Heritage’s Alyene Senger explains that these businesses are responding to Obamacare’s employer mandate, which has a job-killing effect:
Obamacare requires all businesses with 50 or more full-time employees to provide health coverage for their workers or pay a $2,000 penalty for each employee after the first 30 workers. The employer mandate creates incentives for businesses to avoid higher costs by, for example, hiring part-time employees instead of full-time employees, since businesses will not be penalized for failing to provide health insurance to part-time employees….Businesses can also avoid penalties by keeping the number of employees under the mandate threshold of 50, which further discourages creating new jobs.

These businesses’ plans are only the effects based on what we know about Obamacare. There are still many, many crucial details that we don’t know. Health and Human Services (HHS) just released some of the new rules that will govern what kind of coverage insurers must offer —and Heritage’s experts are still going through the 300-plus pages of regulations to sort out what they mean.

In the meantime, forget President Obama’s “if you like your plan, you can keep it” promise. Two government agencies have estimated that more than 11 million people will no longer have their employer-sponsored health coverage once Obamacare is fully implemented. Other studies have put that number much higher.

With employers dumping employees into government-run insurance exchanges or Medicaid (which are still unsettled proposals), the future of health insurance will be taxpayers footing the bill. This is a huge money problem on top of the skyrocketing entitlement programs that already exist. But on a personal note, it’s not the best solution for the under-employed or under-insured.

Take Dave Willingham, a 32-year-old interviewed by Huffington Post after taking a job at a community college cafeteria in Washington State. “When he recently accepted his job after a bout of unemployment, he was told up front that he would not be getting more than 19 hours per week. That's because workers who average 20 hours per week qualify for benefits like health care, vacation and sick pay, he said.”

In his cafeteria job, Willingham earns a little more than minimum wage and receives food stamps. But this isn’t the situation he wants for himself:
"That subsidy is a huge blessing for me," Willingham said. "But at the same time, I'd rather have the agency and dignity that would come with actually having more money coming in and getting to make that decision for myself....Ultimately, it would be nicer to feel more in control of my own life and destiny."

Becoming dependent on the government for health care is not a step toward personal control or an improved life situation for workers like Dave Willingham. But sadly, that is exactly where Obamacare is taking hourly workers.



Why Social Security is running out of money

America's largest entitlement program, as we know it, is under enormous threat. Payouts now exceed income 
and Obama has NO PLAN to fix it and  demagogues Republicans who had sensible plan





Obama actually said these things.:supported by DEMS
 If I don't fix the economy in 3 years it will be a one term proposition
  I believe in redistribution
  I will radically transform America
  I will campaign in all 57 states in the USA
  You didn't build it
  Spread the wealth
    I'll cut the debt in half
  Bush's 400 billion annual deficits are unpatriotic
  On 60 Minutes I don't know what the debt total is
  We tried my plan and it worked
  So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted."
If you don't have a record to run on, then you paint your opponent as someone people should run from. You make a big election about small things. 
The Private sector is doing fine
The stimulus would get unemployment under 5.6 percent

   Obama promising Medived he'll be more flexible
And the guy a heart beat away from the Presidency? said these things:
The Middle class have been buried the last 4 years
yes we want to raise taxes a million dollars
Biden the racist They want to put you all back in chains
I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man." --Joe Biden on Barack Obama
"You cannot go to a 7-11 or a Dunkin' Donuts unless you have a slight Indian accent.... I'm not joking." --Joe Biden
I always mean what i say
  (Maybe its not his fault. He just plagiarized the points? )
Biden Also Plagiarized, Padded His Resume | Sweetness & Light
sweetness-light.com/.../biden-accused-of-plagiarism-in-law-sch...Share
Aug 23, 2008 - Biden Was Accused of Plagiarism in Law School. By E. J. DIONNE J

-said to Dad of dead Navy Seal from Bengazi-did you son always have b...s the size of ,,,
- Romney wants 500 TRILLION dollar tax  cut to rich
- We had soldiers fight in Iraq and Iran.




 Democrats policies caused the mess we're in but Obama blames Bush. . They took over Congress Jan 2007. The day the democrats took over was not January 22nd 2009, it was actually January 3rd 2007, the day democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress.The Democrat Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995. On Jan 3 2007, At the time they took over
The DOW Jones closed at 12,621.77.The GDP for the previous quarter was 3.5%.
The Unemployment rate was 4.6%.
George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH. Remember the day...
January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.
The economic meltdown that happened 15 months later was in what part of the economy?
BANKING AND FINANCIAL SERVICES!
It started with Jimmy Carter and his Housing and Community Investment Act of 1977, broadened by Bill Clinton, enforced by Janet Reno, then sent over the cliff by Frank & Dodd. Oh, Obama, as an attorney in Chicago working on behalf of ACORN, successfully sued Citibank for loan discrimination under Reno's tenure!
Unemployment... to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!
Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy.
And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA
And who fought against reform of Fannie and Freddie?
OBAMA and the Democrat Congress.
So when someone tries to blame Bush..
REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"
Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 is the Democrat Party.
Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 & 2011.
In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budgets.
And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009.
If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.
If Obama inherited anything, he inherited it from himself.In a nutshell, what Obama is saying is I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th.

 Why is Obama the WORST PRESIDENT IN US HISTORY  100+ reasons supported by the DEMS
1. National debt has climbed from $10 trillion to over 16 trillion since he took over.  Romney took over budget deficits in Masachussetts and left office with a surplus. 2012 DEBT SURPASSES 2011... 
However, when it comes to deficits, the debate is over.  The CBO spells it out.  The war accounted for just 3.2% of federal government spending while it lasted. The last year Republicans were in charge of the budget was 2007.  Deficits exploded after Democrats took over.  The biggest culprit is Obama's stimulus package which will cost far more than the Iraq War ever did. http://drudge.tw/VlcBLJ 
Obama debt gets worse and worse but he tells 60 minutes he doesn't know what it is  OBAMA SAYS HIS PLAN REDUCES THE DEFICIT BY $4 TRILLION
THE CLAIM: Obama: "I've Proposed A Specific $4 Trillion Deficit Reduction Plan."OBAMA: "I've proposed a specific $4 trillion deficit reduction plan. ... The way we do it is $2.50 for every cut, we ask for $1 in additional revenue." (President Barack Obama, Presidential Debate, Denver, CO, 10/3/12)
THE FACTS: "Virtually No Serious Budget Analyst Agreed With This Accounting." details?http://rabbisforromney.blogspot.com/2012/10/obamas-promise-to-cut-deficit-is-bogus.html 
2. UNEMPLOYMENT, 23 million un and underemployed. Obama promised 5% unemployment with the stimulus. Unemployment is actually over 8% 43 straight months. Obama will be the first President ever to end his term with fewer Americans working than when he started.  Romney took state 47th in job growth, stimulated job creation and ended with 4.7% unemployment, near full employment.
"Obama administration to contractors: Hold off announcing layoffs until after the election and taxpayers will cover your fines and costs" Support from liberal economist that Obama's Labor dept. cooked books on September job report to help reelection http://www.aei-ideas.org/2012/ 10/ why-gallups-chief-economist-say s-the-big-drop-in-the-unemploy ment-rate-should-be-discounted / \\. 1,035,000 Construction Jobs Lost Under Obama.  http://rabbisforromney.blogspot.com/2012/10/obama-job-destroyer.html
U.S. Bureau of Labor Statistics: 8.3 million Americans worked part-time in Oct. because they couldn’t find full-time employment. 
  
3. gas prices more than doubled since Obama took over. Raising our energy costs and increasing our dependence on foreign oil, forced closing 200+ coal plants, killed Keystone pipeline, hindering fracking
  
4. Romney turned failing Olympics into wild success. What has Obama turned into wild success? a litany of failed promises 
5. Romney created hundreds of thousands of jobs through Bain capital.

7. The budget he submitted to Congress received 0 votes, not even one vote from HIS party.  
8.  US second quarter growth estimate revised down to 1.3% as recovery slows as we head to another recession out of this awful, poor, supposed recovery.
www.reuters.com/.../us-usa-economy-idUSBRE88O0VM2012...
4 days ago - WASHINGTON (Reuters) - Orders for long-lasting U.S. manufacturedgoods fell sharply in August, suggesting the main engine of the economic .
  
10. 400 economists recently said Romney's plan would work, Obama's would not. 
11. Obama has grown government so much so that now 25% of the GDP is federal government spending.

15. Obama has NO PLAN to save social security from bankruptcy and cynically attacks the thoughtful Republican plans to do so. He is immorally kicking the can down the road and avoiding any solution, while just scaring seniors with lies.

21. He advocate cuts in defense are so horrible and deep that his own Sec. of Defense says it will jeopardize us. We will have the smallest Navy since 1916. 

25. Record levels of poor now, 1 out of 6 Americans, Bureau: U.S. poverty rate as of 2011: 15%--same as 2010 and up from 14.3% in 2009. This was the highest poverty rate since 1993 
26. Record numbers on food stamps 48 million. Increased over 15 million. Directly conflicting with Jewish law on decreasing dependency among the poor,  he works hard at encouraging people to go on food stamps. , 15% of Americans receive food stamps, an increase of 45% since President Obama took office.  Food Stamp Growth 75X Greater than Job Creation... . 
27. After Bill Clinton and the Congress worked so hard on welfare reform and established tough work rules,he gutted them, increasing dependency. Result?Welfare Spending Shattering All-Time Highs
It's been a pretty big year for welfare-and a new report shows welfare is bigger than ever.
The Obama Administration turned a giant spotlight on the welfare system in July when the Department of Health and Human Services (HHS) proclaimed it had the authority to gut the work requirements from the welfare reform that had helped lift so many people out of poverty after 1996.This morning, a new report by the nonpartisan Congressional Research Service (CRS) shows the staggering reality of the growing welfare state-echoing Heritage's own research that reveals welfare spending is approaching the $1 trillion mark. Roughly 100 million people-one-third of the U.S. population-receive aid from at least one means-tested welfare program each month. Average benefits come to around $9,000 per recipient. If converted to cash, means-tested welfare spending is more than five times the amount needed to eliminate all poverty in the United States. 
      
28. The average middle class family has lost 40% of their wealth in Obama's presidency. November 2012 Incomes Continue to Decline... 
29. Average household income has decreased under him, $55,000 to $51,000 devastating the middle class. U.S. Debt Now $136,260 Per Household-Up 50%
30.  Record number home forclosures. 
31. He promised Obamacare would reduce premiums by now which it has not, and he promised it would cost $900 billion more as a new entitlement,   when it was recalculated recently to add 2.7 trillion more to the deficit. 

  34. He took credit for saving the auto industry but actually in my 60 billion loan to GM, they ripped off the real investors and shareholders, lost half, the money which we will never get back, just paid off his union cronies, and should have let them go through normal bankruptcy which would have saved them without costing us 30 billion. The auto bailout was nothing more than a union payoff:
35. He has spent  billions on paying off his campaign contributors with huge loans to energy companies which went bankrupt. 

Obama bowing to Saudi King  
  
  
40.Had control both Houses of Congress first 2 years. What did he accomplish?

43. He has outsourced millions of jobs
44. first ever credit DOWNGRADE of USA under his watch
45. It was leftist buddies Barney Frank, Pelosi and Reid whose banking policies of forcing banks to lend to credit unworthy, led to the housing collapse which CAUSED the mess we are in
see observation at to[.   
46. Upon taking office, George W. Bush inherited an economy heading for recession and championed policies that made things better; upon taking office, Barack Obama inherited an economy in a deeper recession and championed policies that have made things worse. That is a key different between the two. Reagan inherited a worse economy than either  and turned it mightly around in less than 4 years,
  47. We are facing looming massive tax increases across the board as Bush tax cuts expire. 



62.  Its slips that Obama is encouraging new International tax on income subject to UN authority http://congressmantomtancredo.com/category/hillary-clinton/

73. Decline in employment at start-up companies, which has hit record lows. ... Historically, start-ups have continuously created new employment in the ...and Congress want to encourage entrepreneurs to start new businesses .
13th: Where U.S. ranks in ease of starting a business in the world according to a World Bank report. In 2007, the U.S. ranked 3rd.
  

78.  Biden acknowledges they have plans for trillion dollar tax increase
79. Support from liberal economist that Obama's Labor dept.  cooked books on September job report to help reelection http://www.aei-ideas.org/2012/10/why-gallups-chief-economist-says-the-big-drop-in-the-unemployment-rate-should-be-discounted/
  
94 OBAMA Has advocated. implementation of my civilian army (http://askmarion.wordpress.com/2012/07/10/obama-gets-civilian-army-in-healthcare-bill/)
95. His New EPA regs will destroy the economy http://rabbisforromney.blogspot.com/2012/10/obama-plans-on-economy-destroying-new.html
96. http://rabbisforromney.blogspot.com/2012/10/david-axelrod-top-advisor-marxist-world.html

100. 2nd quarter GDP growth revised down to 1.25%. Less than Pakistan and Cuba
101.Oliver Stone rips Obama: 'Took a bad situation and made it worse'...
102. Obama saves Chrysler? Sold to Italians. to make Jeep in China. Outsourcer in chief

109. http://rabbisforromney.blogspot.com/2012/11/obama-did-nothing-for-gay-rights.html

113.http://rabbisforromney.blogspot.com/2012/10/obama-ignores-russia-as-threat.html
114.http://rabbisforromney.blogspot.com/2012/10/obama-plans-on-economy-destroying-new.html


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