Have you ever heard someone refer to democrats and republicans as “tweedledee and tweedledum?” When they do, they're claiming that these is no real difference between the two parties. Sometimes that’s certainly true, but fortunately, not always.
One of the big differences between to two parties has to do with the way they think about RaisingTaxes and Tax Collections; in this regard, they are generally as far apart as you can get.
Democrats believe that increasing tax rates or adding new taxes will increase tax collections on a dollar for dollar basis. If they need another $300 billion to fund some program, just raise the top income tax by 3% and voila – you get the money and you can call yourself “fiscally responsible.”
Now that the house has passed Obamacare, it seems reasonable to ask the question: “what does this do to my career.” President Obama assures us that it will create jobs, but will it really?
I think not, in fact, I think it virtually guarantees that the current recession will end up becoming another great depression.
A cursory review of industries that project economic stress as a result of the passage of Obamacare indicates that millions of private sector jobs will either be lost or placed at grave risk by this massive new government program.
1. Four Years of Taxes with No “Benefits” -- 2.5 Million More Jobs Lost: In order to pass off the big lie that Obamacare will reduce the deficit; the program is structured to fool the American people into thinking the numbers “look good” for the first 10 years (which is the measurement period that gets “scored” by the Congressional Budget Office -- CBO). But, the dems used a dirty little trick of raising taxes for ten years, but only providing benefits for the last 6 years of that period (beginning in 2014).
There is so much wrong with the one year debacle known as Obama Care, it's hard to know where to begin. One of the things that drives me (and most intelligent people) crazy is the way the democrats keep attributing benefits to this wretched legislation that don't actually exist in the either of the bills.
So, here are the true FACTS behind the bill at hand:
The director of the nonpartisan Congressional Budget Office (CBO), Douglas Holtz-Eakin reported that 25 percent of people earning $200,000 a year would see their taxes rise under the Senate health care bill.
“This analysis makes it clear that the Administration’s assertions that its health care proposal will not raise taxes on people making under $200,000 a year are simply not true,” said Orin Hatch. “At a time when people are struggling and we are trying to shore up our fragile economy, we should not be punishing middle-class families with higher taxes."
Holtz-Eakin also found, through an analysis of data by the congressional Joint Committee on Taxation, that only about 7 percent of Americans would actually receive a government subsidy to help pay for mandatory health insurance.
93 percent of Americans would NOT be eligible for a tax benefit under the bill.
52 percent of all Americans will see their taxes rise including small business owners. This tax increase would take place even after taking the government subsidy into account.Source: The Main Street Business Journal -- Click here to read
Regardless what you may hear Obama, Pelosi, and others claim to be the benefits of Obama Care, the truth is the truth, and there is almost nothing in this 2700 page monstrosity that helps the average American. It will result in massive tax increases during a recession and that will kill the economy and jobs.
And that's the reason why anyone with a brain is questioning Obama's true motivation for pushing this legislation through at all costs.
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The New America - We take a critical look at the change being foisted on America by the ruling party and what it could mean to the economy and your career. Our guests are Tom Woods, author of the best selling book: Meltdown: A Free-Market Look at Why the Stock Market Collapsed and Brad O'Leary author of The Audacity of Deceit : Barrack Obama's War on American Values
“The Times They Are A Changing” -- After almost 50 years of Affirmative Action, diversity has become deeply engrained in the workplace culture. This week we’ll be joined by noted affirmative action expert and author of the book “The Diversity Machine” Dr. Fredrick Lynch, a New England firefighter – who will be with us incognito, and Jim Craig, the Olympic hockey legend for the 1980 miracle team that beat the Russians about the similarities between 1980 and today.
Anger Management and Your Career -- We'll examine anger and conflict resolution from all angles. Our guests are Gary Harper, author of The Joy of Conflict Resolution: Transforming Victims, Villains & Heroes in the Workplace and at Home, Vivian Scott who is the author of the upcoming book Conflict Resolution at Work For Dummies, and Lynn Taylor author of Tame your Terrible Office Tyrant.
The New, New Economy -- What will the post recession economy look like; where are the best new careers? Our guests will be Bruce Richardson, Senior Vice President of AMR Research and David Banfield who is the CEO of a company that sits on the leading edge of the post-recession economy.
Saving The Reluctant Retiree -- When the dust settles, the people who have been hurt the most by the recession of 2009 might be the “50 something” baby boomers who were laid off and discovered that no one wants to hire them because their too old, too expensive, or whatever. This week Dave talks with Chicago Tribune reporter Ann Meyer who recently published a story on this trend; an out of work Baby Boomer who is now going it alone, and Dan Byrd, CEO of a company that helps out-of-work Baby Boomers find an entrepreneurial second career.
The Soul of the Serial Entrepreneur -- The Wall Street Journal has finally cried foul to Obama’s claim that “saving” jobs is the same as creating them. And people everywhere are starting to point out that “The Stimulus” is not creating any new jobs at all. Unemployment has hit 9.4% and doesn’t look like it will be slowing down soon. But there is still hope as long as we have Entrepreneurs in America. This week, Dave and his guests will look inside the soul of the entrepreneur. Dave will be joined by venture capitalist Bob Fleming, entrepreneur and author Jon Yates, and Max Levchin -- the brilliant young entrepreneur who cofounded Paypal and sold it to eBay for billions.
The Careers of the Best and the Brightest in America: Our guests are business school guru David Petersam , who works with the top b-schools in America and coaches the business people of tomorrow on how to get in! And Janet Farley, a career and life coach on careers in the Military and author of the new book the Military-to-Civilian Career Transition Guide.
Job Search 2010: Our guests are Laurence Shatkin, the author of The 200 Best Jobs for Renewing America and Martin Yate, author of Knock ‘em Dead 2010: The Ultimate Job Search Guide.
Promotionology;The Art of The Raise:We join Colin Gautrey, author of “21 Dirty Tricks at Work” and the web site Politics at Work to talk about the dark side of office politics and getting ahead in the corporate world. We will also talk with Susan Whitcomb, who wrote the book the “30-Day Job Promotion” and how to establish a strategic promotion plan in just one month.
The Future Of Auto Industry Careers In America: Our guest are Tamara Davish, Vice President of one of the largest car dealers in the country and a political activist fighting for the rights of the dealers who’s were terminated as part of the auto bailout. And Mark Perry, the author of leader business blog Carpe Diem and professor of Economics at the University of Michigan.
Living for Tomorrow Starting Today: Our guests are John de Graaf, author of Affluenza:The All-Consuming Epidemic and Phil Fragasso, co-author of Your Nest Egg Game Plan: How to Get Your Finances Back on Track and Create a Lifetime Income Stream.
Career Makeover: Our guests are Gail Geary, founder of the Atlanta Career Transition Center and author of the new book Your Next Career; Do What You’ve Always Wanted To Do, and BJ Gallagher, career coach and author of the book It’s Never Too Late To Be What You Might Have Been.
“Health care is complicated and it’s very personal, and it’s easy to scare folks.
And it’s no surprise that some of the same folks trying to scare people now are the same folks who’ve been trying to sink the Affordable Care Act from the beginning.
And frankly, I don’t understand it. Providing people with healthcare, that should be a no-brainer. Giving people a chance to get health care should be a no-brainer.”
Barack Obama October 30, 2013 Faneuil Hall Boston, Massachusetts
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