Europ's Economy Down The Drain
Europe's economy is down the drain, let's not copy them. European countries became much socialized; they cared so much for their not working citizens that those who worked paid very high taxes, to support the not working. People preferred not to work and get all the social benefits for the not working. Businesses had to pay very high taxes, so they fired their employees, and moved out of the country, to China & India, where the governments gave them huge tax breaks, so they can hire as many employees as possible.
We all see that the economy in China & India is flourishing. Why not do the same what they are doing? However, Obama plans to copy the European failed system. He “promises” to increase the tax for a business that makes more then 250 thousand a year. In this way if a business owner who makes less then this money, plans to grow and hire more people, he will be punished by Obama. So the owner (remember Joe the plumber?) will do one of the two, or he will stay small, that means less employees and less jobs, or he will go to China or India; where he will get a huge tax break and will create jobs in that country. Just imagine the owner of a small business, working hard 12 and 14 hours a day, and when he is successful; he hires more people and cerates more jobs. Does he deserve to be punished by increasing his taxes?
Let’s face it, President Clinton made a big mistake with his free trading; because since then, goods are coming in to this country, but this plan did not create jobs for us, it created jobs for those who live in other countries! Ladies and Gentlemen, we don’t have exports! Most big companies left us; Obama wants to make the economy to collapse by killing the small businesses which still employ Americans. We need the companies to make America flourish like in the past. Remember when everything was manufactured in the US? Let's go back to these good days. We need a change, but a change to the old good days. If we like the corporations or we don’t; we need them. They and the small businesses are the oxygen of our economy.