The International Monetary fund has stated China's economy will exceed the US by 2016 .Thats right China will be #1 in the world in just 5 years.What else is surprising India will put us in the #3 spot not soon after.
Dude, what if Amerika gave a tax break to the poor? I get $9400 from SS minus $2000 a year for taxes and insurance......nobody can live $7,400 a year.........
Your correct Bud you can't live on $7400 per year .We paid un- skilled labor a starting wage of $14 per hour .If they aren't making $16 within 6 months we let them go .
This country can't thrive with low pay jobs ,it needs a balance that we don't have .We need a manufacturing industrial base which we gave up to NAFTA and most favored nation status to China .Hell China get US foreign aid .China and India are turning out well educated engineers and highly skilled labor .
Raising taxes on the rich might not be all that bad except what is rich ? A small business that is a sub chapter "S" with a gross of 250.000 is considered rich .The small S corps are the ones that supply the bulk of jobs and Obama only supports union businesses .
We employed 31 people in 2008 ---in 2010 we employed 4 .There are a lot of reasons for this but they all lead back to the Govt .Those people we paid a decent wage to3 years ago are now making a third less if there working at all .Thank God the Govt says there is no inflation.
Everything is a mess in this country any more for sure and with Barrack at the helm it will get even worse. We are headed to a One World Government under OB.
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