Don't get me started... I can feel my bloodpressure rising just thinking about where things are about to go. Our only real hope is if enough Democrats wake up from their honeymoon and realize they just married someone who wrote a bunch of fraudulent vows. How in the heck phasing out mortgage and charitable deductions, getting rid of farming subsidies for the most productive farms, forcing banks to modify mortgages for people who should have been renters in the first place (and thereby forcing banks to raise rates for the rest of us), and increasing taxes for the group of wage earners who already pay more than 90% of the nation's taxes is supposed to stimulate the nation? I feel stimulated to stop working myself to death, stop paying my bills, and stick my hand out for a piece of the bailout Obamanation. Is that the way to get things going? Reward non-productivity and penalize the ones who work the hardest so that wealth can be 'redistributed' to those who made bad decisions?
I am blessed to have a job where we're backlogged with work. I'd absolutely LOVE to hire a few more people to take care of business, but instead my employees and I are so freaked out at where things are going that we'd rather work double time to build up a cash reserve than increase headcount and burn rate. I've talked to other business owners and executives, and this is getting to be a common scenario. No, my friends, this is NOT the way to stimulate the economy.
...Dave
Good post
