Originally posted by sconner755
reply to post by ValentineWiggin
The economy is already terrible.
Many of the burdensome aspects of Obamacare are around the corner.
The US just elected a socialist-leaning President, and we're facing the fiscal cliff, or a solution that is based on raising taxes.
So is there one reason NOT to expect job losses?
Plenty of reasons not to expect job losses (at least, not "net" job losses - there's always jobs cut and jobs created obviously.)
1) The economy is NOT terrible, in fact, in many measures, we bottomed out about a year ago after about 3 years of slowing down the tumble that
started late in 2008. Very few people (and fewer among those who understand macro-economics) thought we would come this far just 4 years after the
collapse. The economy continues to grow - the only real major threat on the horizon being staying ahead of inflation. Most real economists (meaning
not the ones who are little more than right or left-wing drones) believe the recovery will continue slowly for some time, but will eventually begin a
rapid rise. That's the point where the "Federal" Reserve needs to be ahead of the game by 3-6 months to keep the economy from overheating.
2) burdensome aspects of Obamacare? Are you referring to the tax breaks for small businesses who contribute to employee health insurance? Since most
small businesses in the US won't be required to provide coverage, only those who will, or already choose to do so will see tax benefits of doing so.
Those who don't will notice no change. Very few successful businesses with more than 50 employees don't offer employee health coverage already -
they stand to gain as well. So what are these alleged burdensom aspects? (for real, not just the fantasy stuff we've been seeing in forwarded
3) when did the US elect a socialist-leaning president? I mean, I'd you mean compared to a fascist-leaning president, then maybe, but even then, no.
Obama is more center-right than those who don't actually understand politics would ever grasp.
The economy is building strength. There is no dollar collapse imminent. There is no $5,000/oz gold right around the corner. Those are all just lies
meant to stir up fear and cause suckers to invest poorly. Why do you think the BIG investors have been continuing to build up their investment in the
US, which had been moving overseas during the 2000's? Is it because, for the first time, they're all wrong? Or could it be, as always, that
right-wing mouthpieces are still talking in opposites, and their lemmings and buying it, like a hungry fish, hook, line, and sinker?