Interesting new plan on reducing the debt/deficit

• believer

  

  Con_Alma;557577 wrote:..and look what those companies are doing with their cash. They are sitting on it. They won't expand or reinvest because of the policies in place and or the uncertainty of what me be coming..
  
  We won't have real, sustained growth until we see expansion and reinvestment of capital.

  And with that comes jobs growth. Expansion and reinvestment of capital won't happen until DC stops spending beyond its means, cap & tax goes away, and the teeth are taken out of ObamaKare.
• Con_Alma

  I agree believer. I agree.
• Manhattan Buckeye

  gut;557316 wrote:The main reason for the improved profits is bare-bones staffing levels. Sales have come back, a little, but hiring hasn't. Many companies are hoarding cash, rather than hiring more workers, because of the uncertainty with economic policies from the Annoited One. And citing historic earnings growth off a rather deep and prolonged recession is misleading at best.

  
  This is 100% correct. FIL works at Honeywell, by all accounts they had a pretty productive year, other than they slashed jobs and salaries and are expecting more of their 'legacy' employees.
• ptown_trojans_1

  

  gut;557316 wrote:The main reason for the improved profits is bare-bones staffing levels. Sales have come back, a little, but hiring hasn't. Many companies are hoarding cash, rather than hiring more workers, because of the uncertainty with economic policies from the Annoited One. And citing historic earnings growth off a rather deep and prolonged recession is misleading at best.

  
  Eh, I'd also say companies have been able live with far fewer staff members than before the recession. Now, companies do not need as many workers to do the same amount of work and hence I doubt those jobs will ever come back.
  
  It is not just uncertain fiscal policy from the "anointed one" (which come on, drop that name, it makes no sense and no one uses it), it is the overall overseas market situation as well as a whole host of fiscal and monetary policies.
  
  I agree on your last point. But, we are slowly, slowly getting out of the mess.
• believer

  

  ptown_trojans_1;558167 wrote:It is not just uncertain fiscal policy from the "anointed one" (which come on, drop that name, it makes no sense and no one uses it),....

  It makes perfect sense. BHO was showered with praise and accolades from the media, Hollyweird, and many other sources during his campaign. He was touted as the next JFK; a veritable black Lincoln. Women fainted (lmao) in his presence. Hell he even "won" a Nobel Peace Prize simply because he campaigned on a promise to close Gitmo and withdraw troops from Iraq and Afghanistan in 18 short months...right?
  
  He rose from nowhere to wrestle his party's nomination from shoe-in Queen Hillary. That just doesn't happen. But it did.
  
  Obama is hardly a black Lincoln or even JFK. A black Carter perhaps but even that would be a compliment. BHO is in way over his head.
  
  Therefore, if anyone deserves the moniker Anointed One it's Obama.
  
  For me it's not necessarily intended to be a personal slight on Obama but more of a slam on the douche bags who were convinced this guy was the Second Coming.