Wednesday, September 22, 2010

Ironic state of the times...

How about this for irony?

15 million Americans unemployed....supposedly can't find jobs....and over the past week I've seen at least 5 signs in storefronts saying they are HIRING....McDonald's, Subway, Pizza joint, Chinese restaurant(cook), etc...

Mismatch in job skills?  Or mismatch in government policy allowing people to live off benefits for 99 weeks?  If you didn't have to do anything to get a $600 check every week why would you take a fast-food job?  You wouldn't, nor are any other Americans...

Sign of the times...government not allowing market forces to re-shape the economy...Long-term Structural mismatch will continue.

How about this for Irony #2?

Caught President Obama on the Tube again the other afternoon campaigning for another democrat up for re-election....

He went right after the RICH or people who make more than $250k, and was adamant that they need to pay more taxes.  He then said "We" can not give them $700 billion in Tax breaks anymore, because it is too expensive for "Our Country"....funny how these "Rich people" PAY the retirement/Pensions of our fine elected officials and former Gov't employees at an annual clip of $800 Billion!  Not to mention they have to fund their own retirement as well!  Seems to me you could just cut these "Rich Pensions" (My new term) and you could actually make out $100 billion ahead from Barack's goal.  But...not surprisingly...No mention about cutting these Rich Pensions....just continued rhetoric blasting the rich. 

Irony at it's Peak:

Rich people "supposed" tax breaks = $700 billion  *estimated figure, but not proven, I'm just using it for this exercise*

Annual Gov't Pensions = $800 Billion

First glance...Pensions look to be getting the better deal....right?

Now I propose one very simple question:  Who is richer?  An individual who has to fund ZERO Retirements or TWO Retirements?

I would love to get my paycheck without having any retirement contributions withheld...i'd be instantly richer!

For any republican leaders now reading this blog...please feel free to use this question...I think even irrational people maybe able to understand it....well on 2nd thought....adding Zero and Two in your head might be too difficult.

Rant over.

1 comment:

  1. The $700 B was quoted by Obama himself last week. He also said that the total cost of extending the tax cuts across the board would be $3.7 Trillion, therefore $3 TRILLION is the cost for the Middle Class! But don't forget, that does NOT include the cost for extending all the tax cuts and credits for the 47% of Americans that PAY NO TAX WHATSOEVER! Obama is nothing better than a dog.....just keeps being fed by his owners, free of charge.......

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