Actually if you look at the swings our economy has taken before and since the creation of the Fed it is completely inarguable that it has been a stabilizing force in our economy. It hasn't been perfect, but nothing is. You can argue that stabilizing our economy acts as a limitation that inhibits short term growth, but the Fed has, over all, helped to stabilize our economy and there is no doubt about that. Before you bring up the Great Depression I am talking long term , our economy had much more extreme swings before the Fed than it has had since. This one incident doesn't change the over all effect.
Yeah, I hate to defend this idiot, but it seems pretty obvious that what he was saying is that every bill gets a name designed to make it easy to support the bill even if the contents of the bill and its name don't perfectly align. They called the Patriot Act the Patriot Act because "Law for Stripping Away Some of Your Constitutional Rights" wouldn't have received nearly as many votes. It is a pretty big stretch to say that this guy thinks violence against women is OK.
Pay people more, especially those at the lowest income levels, and they spend more, this increase in demand creates more jobs. Every time a minimum wage increase has been suggested it has been met by claims that the increase will destroy the job market, which never comes true. If you run a business that can't afford to pay its employees $9.00 an hour then you are probably such a poor business person that you ought to go ahead and close down no matter what the minimum wage is.
With the new GOP super majority in Tennessee's legislature the more realistic question might be, which will they push for first? The recriminalization of homosexual behavior or for Tennessee to secede from the Union?
Gilbert, I suspect we have both had similar levels of experience running multi-billion dollar corporations, so if you don't think I have anything worthwhile to say on this matter then you obviously don't either.
The question is would they not be converting full time employees to part time employees even if Obamacare had never passed? During economic downturns companies convert full time employees to part time employees to save money, and they have done this many times in the past before anyone knew who Obama was. It makes no sense to say that they are moving these employees to part time because of a new law that hasn't even taken effect yet. No one would play around with their business like that, it would be stupid to react to something that hasn't happened yet.
They are using Obamacare as an excuse, plain and simple, either that or they are idiots when it comes to running a business.
So Obama has made it impossible for businesses to make money? That's strange since so many corporations have been reporting record profits since Obama was elected and since Obama hasn't raised taxes since he became president. Sounds like this guy is just a bad businessman who can't figure out how to weather an economic downturn and wants to blame someone else for his failings. In other words a typical republican. I'm sure he is all about personal responsibility... until it comes to him personally.
All Comments »
The SouthComm Set
The City Paper |
LEO Weekly |
Medical News Papers
All contents © 1995-2013
City Press LLC, 210 12th Ave. S., Ste. 100, Nashville, TN 37203. (615) 244-7989.
All rights reserved. No part of this service may be reproduced in any form without the express written permission of City Press LLC,
except that an individual may download and/or forward articles via email to a reasonable number of recipients for personal, non-commercial purposes.
Powered by Foundation