2) President Obama raised taxes, which hurt the economy.Reality: Obama cut taxes. 40% of the “stimulus” was wasted on tax cuts which only create debt, which is why it was so much less effective than it could have been.
This is a liberal lie.Tax rates have not been reduced AT ALL under Obama.Obama gave tax rebates that ammounted to 13 dollars a week.A liberal lie.
4) The stimulus didn’t work.Reality: The stimulus worked, but was not enough. In fact, according to the Congressional Budget Office, the stimulus raised employment by between 1.4 million and 3.3 million jobs.
A lie.We have lost 3 million jobs SINCE the stimulus was passed.It has created ZERO jobs as UE rates contimue to go up,including losing 94,000 jobs just last month.
Eight) Government spending takes money out of the economy.Reality: Government is We, the People and the money it spends is on We, the People. Many people do not know that it is government that builds the roads, airports, ports, courts, schools and other things that are the soil in which business thrives. Many people think that all government spending is on “welfare” and “foreign aid” when that is only a small part of the government’s budget.
Government wastes money and everything they do,they do poorly.
7) Social Security is a Ponzi scheme, is “going broke,” people live longer, fewer workers per retiree, etc.Reality: Social Security has run a surplus since it began, has a trust fund in the trillions, is completely sound for at least 25 more years and cannot legally borrow so cannot contribute to the deficit (compare that to the military budget!) Life expectancy is only longer because fewer babies die; people who reach 65 live about the same number of years as they used to.
Social security this year will take in less then it pays out for the first time in history.This is a liberal lie.
6) Health care reform costs $1 trillion.Reality: The health care reform reduces government deficits by $138 billion.
And raise premiums and cause companies to drop health care or up the price.Super,just what we want in this economy.
5) Businesses will hire if they get tax cuts.Reality: A business hires the right number of employees to meet demand. Having extra cash does not cause a business to hire, but a business that has a demand for what it does will find the money to hire. Businesses want customers, not tax cuts.
An absurd notion.Buisiness will hire if demand is there AND they have the revenue to hire.If they dont have the revenue they will have one employee do the job of three emloyees.Cutting corporate taxes and/or pay roll taxes will spur hiring.
