ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Are We Ready For Obama Hood?

Updated on November 9, 2012

Obama and the Merry Men

Remember Robin Hood? Well, meet Obama Hood. After his historic re-election, Mr. Obama has targeted the rich in order to get the economy moving. I do not believe he has any idea what he is doing. It's like killing the cow that supplies the milk!

Think about this. Who creates jobs?

Right! Companies!

Who invests in companies and owns them? The rich!

Now, when you suddenly start taxing the rich, the get annoyed. That means they look for other ways to invest their money so they do not get stung by the tax man! Here are the consequences:

1.) Decreased investment for companies to expand (which creates jobs)
2.) Money is pulled from the markets
3.) Companies stagnate
4.) When companies stagnate, they look for ways to economize
5.) No new jobs
6.) They lay off people

So, you may be one of those that are happy the rich is getting the shaft, but you will be out of work!

Now, I did not have an MBA or a PHD, but it takes neither to figure that one out!

I personally do not care that Obama is the president. I have nothing against him personally. However, he has an old school approach when it comes to stimulating the economy. He has proven that printing money and taxing the rich do not work, yet he is lined up to do it again. Why?

Simple. So he can appease the minority of Americans that voted him in. So they are happy! So they can say, "yes, give it to those rich b----". We'll show them!

The fact is that those rich people pay 80% of the taxes ALREADY paid in this country. Would it make everybody happy if they paid 100%? Would that make America strong? I saw a billboard the other day that said:

"You do not make anything strong by weakening the strongest part"

To top that, I saw another one that said:

"You cannot further the brotherhood of man by encouraging class warfare"

Can't you see what is happening in America? Our politicians are dividing us. The middle class is all but gone. Soon it will be rich vs poor. They have a way of taking our eye off what they are doing by making us fight amongst ourselves!

I am not all complaining about the situation. I have a few solutions. Here they are:

1.) Get America back to work by making things here! We have become a nation of consumers and spoiled people. We are unwilling to work for certain wages and companies are forced to send jobs overseas to keep the prices low. The president should be looking at ways to make this happen.

2.) Get rid of the income tax all together! Yes! Abolish the IRS and institute a national sales tax on all goods and services. Therefore, those that consume more, will pay more in tax. Simple. You would carve out about 10 layers of government fat right there!

3.) Start drilling for oil and natural gas in America. If half of America would understand that we are at war over oil and natural gas, they would flip! Start using our own countries resources instead of making the Arab countries rich.

Any more? Feel free to comment.

Tired of paying tax? Put your email in the comments and I will send you a site!

Don't wait for the government to lower your taxes! It ain't happenin!

Comments

    0 of 8192 characters used
    Post Comment

    • createmyeconomy profile imageAUTHOR

      createmyeconomy 

      5 years ago from USA, Australia

      Thanks for the comment allexia26!

    • allexia26 profile image

      Puroney 

      5 years ago

      Great Hub, I agree with what you said about taxing the rich, it is definitely a bad, idea because in the end the little people will suffer.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)