President Obama doubled down on his broken promises and failed economic leadership in an interview with CBS News today, where he figured his biggest mistake as President was not telling a better story. Unfortunately, the 23 million Americans currently unemployed or underemployed need action instead of words, and on that President Obama has clearly failed.
Meanwhile, here in Arizona...
"Since President Obama took office, 67,000 more Arizonans are unemployed despite Republican efforts for pro-growth reform in the face of his disastrous economic policies. President Obama clearly doesn’t understand that empty promises and stories will not get Arizona back to work.” –RNC Spokesman Ted Kwong
Jobs: Since Obama Took Office, Arizona Has Lost 67,200 Jobs And The Unemployment Rate Has Decreased From 8.3 Percent To 8.2 Percent. (Bureau of Labor Statistics, Accessed 7/11/12)
In May, Arizona Lost 6,200 Jobs. (The Bureau of Labor Statistics, Accessed 5/18/12)
Unemployment: Arizona Has 245,867 Unemployed Seeking Work. (Bureau of Labor Statistics, Accessed 7/11/12)
Median Household Income: Since 2008, Arizona’s Median Income Has Fallen $4,169. (U.S. Census Website, Accessed 10/17/11)
Food Stamps: Since Obama Took Office, The Number Of People In Arizona Receiving Food Stamps Has Increased By 47 Percent. (“Supplemental Nutritional Assistance Program: Number Of Persons Participating ,” Food Research And Action Center, Accessed 7/2/12;"Supplemental Nutritional Assistance Program: Number Of Persons Participating,” USDA Food And Nutrition Service, Accessed 7/2/12)
Poverty: Between 2008 To 2010, 155,325 More People In Arizona Fell Into Poverty. (“Poverty: 2007 And 2008,” U.S. Census Bureau, 10/11;"Poverty: 2009 And 2010,” U.S. Census Bureau, 10/11)
College Tuition: The Average Student Graduating From A Four-Year College Institution In Arizona Has $18,454 In Debt. (Project On Student Debt, Accessed 5/4/12)
Home Values: As Of April 2012, Arizona Has Had The Second Largest Peak-To-Current Decline In Home Prices In The Nation, Dropping 46.5 Percent."The five states with the largest peak-to-current declines including distressed transactions are Nevada (-58.9 percent), Florida (-46.5 percent), Arizona (-46.5 percent), Michigan (-43.6 percent) and California (-41.0 percent).” (Press Release,"CoreLogic April Home Price Index Shows Year-Over-Year Increase Of Just Over One Percent,” CoreLogic, 6/5/12)
Foreclosures: In The First Quarter Of 2012, Arizona Had The Nation’s Third Highest Foreclosure Rate With One In Every 106 Housing Units Having A Foreclosure Filing."One in every 106 Arizona housing units had a foreclosure filing in the first quarter, the nation’s third highest state foreclosure rate.” (“Q1 2012 Foreclosure Activity Lowest Since Q4 2007,” RealtyTrac, 4/5/12)
Negative Equity: In The First Quarter Of 2012, Arizona Had The Second Highest Percentage Of Negative Equity In The Nation, As 52.3 Percent Of All Homeowners Have Mortgages Underwater. "On a state level, Nevada has the highest percentage of negative equity, with 66.9 percent of all homeowners with mortgages underwater. Arizona (52.3 percent), Georgia (46.8 percent), Florida (46.3 percent) and Michigan (41.7 percent) also have highest percentages of homeowners in negative equity.” (Press Release,"Despite Home Value Gains, Underwater Homeowners Owe $1.2 Trillion More Than Homes’ Worth,” Zillow, 5/24/12)
#obamafail #obamafailure #osgottago #nohopenochange
http://chumly.com/n/15130b4
Showing posts with label nohopenochange. Show all posts
Showing posts with label nohopenochange. Show all posts
Thursday, July 12, 2012
Wednesday, July 11, 2012
Monday, July 9, 2012
Obama, Carmona Want Higher Taxes On Small Businesses
PHOENIX – The Arizona Republican Party today issued the following statement regarding President Obama’s call for higher taxes on job creators, a position that has been echoed by Democrat Richard Carmona:
"President Obama and Democrat Richard Carmona have long supported higher taxes, bigger government and increased spending, so their support for another massive tax hike on Arizona small businesses comes as little surprise. So on the heels of yet another weak jobs report, a massive health care bill that increases taxes on the middle class, and a growing $15 trillion debt, why can’t Richard Carmona answer one very simple question – how does raising taxes on Arizona small businesses create jobs?” -- Tim Sifert, Arizona Republican Party Spokesman
BACKGROUND ...
President Obama: "The Last Thing You Want To Do Is Raise Taxes In The Middle Of A Recession." (President Obama, Remarks During An Interview With NBC, Elkhart, IN, 8/5/09)
OBAMA-CARMONA SOLUTION FOR THE 23 MILLION AMERICANS STRUGGLING TO FIND WORK IS TO RAISE TAXES ON JOB CREATORS AND SMALL BUSINESSES
Roughly 940,000 small businesses will be hit by a big tax hike. According to the National Federation of Independent Business (NFIB),"75 percent of small businesses are organized as pass-through entities meaning they pay taxes on their business income at the individual rate.” The Joint Committee on Taxation (JCT) estimates the tax hike would hit about 940,000 small businesses (see more here from ABC News).
Half of all small business income would face higher taxes. According to Bloomberg News, analysis by JCT also shows President Obama’s plan for massive tax hikes"would mean higher taxes on 53 percent of business income reported on individual returns.”
More than a quarter of American workers’ jobs are at risk."According to U.S. Census data,” says NFIB, small businesses"employ more than 25 percent of the total workforce.” Raising taxes on small businesses threatens these jobs – the last thing we need to do in a weak economy.
Today’s Economy Weaker Than When Obama Extended All Tax Rates
2010 Economic Growth: 3.1%
Real GDP growth over the four quarters before Dec. 2010 tax rate extension: 3.1% (“Table 1.1.1, Percent Change From Preceding Period In Real Gross Domestic Product,” Bureau Of Economic Analysis, Accessed 7/9/12)
2012 Economic Growth: 2.0%
Real GDP growth over the previous four quarters: 2.0% (“Table 1.1.1, Percent Change From Preceding Period In Real Gross Domestic Product,” Bureau Of Economic Analysis, Accessed 7/9/12)
In 2010, Obama Said Tax Increases ‘Would Have Been A Blow To Our Economy’
PRESIDENT OBAMA:"...tax rates for every American were poised to automatically increase on January 1st... would have been a blow to our economy just as we’re climbing out of a devastating recession.” (President Obama, Remarks At Bill Signing, 12/17/10)
OBAMA:"If we allow these taxes to go up, the result would be that a lot of people most likely would spend less, and that means that the economy would grow less.” (President Obama, Remarks, Kokomo, IN, 11/23/10)
www.azgop.org/article/obama-carmona-want-higher-ta...esses
#nohopenochange #osgottago #obamafail #richardcarmona #azsen
https://chumly.com/n/14ffa96
"President Obama and Democrat Richard Carmona have long supported higher taxes, bigger government and increased spending, so their support for another massive tax hike on Arizona small businesses comes as little surprise. So on the heels of yet another weak jobs report, a massive health care bill that increases taxes on the middle class, and a growing $15 trillion debt, why can’t Richard Carmona answer one very simple question – how does raising taxes on Arizona small businesses create jobs?” -- Tim Sifert, Arizona Republican Party Spokesman
BACKGROUND ...
President Obama: "The Last Thing You Want To Do Is Raise Taxes In The Middle Of A Recession." (President Obama, Remarks During An Interview With NBC, Elkhart, IN, 8/5/09)
OBAMA-CARMONA SOLUTION FOR THE 23 MILLION AMERICANS STRUGGLING TO FIND WORK IS TO RAISE TAXES ON JOB CREATORS AND SMALL BUSINESSES
Roughly 940,000 small businesses will be hit by a big tax hike. According to the National Federation of Independent Business (NFIB),"75 percent of small businesses are organized as pass-through entities meaning they pay taxes on their business income at the individual rate.” The Joint Committee on Taxation (JCT) estimates the tax hike would hit about 940,000 small businesses (see more here from ABC News).
Half of all small business income would face higher taxes. According to Bloomberg News, analysis by JCT also shows President Obama’s plan for massive tax hikes"would mean higher taxes on 53 percent of business income reported on individual returns.”
More than a quarter of American workers’ jobs are at risk."According to U.S. Census data,” says NFIB, small businesses"employ more than 25 percent of the total workforce.” Raising taxes on small businesses threatens these jobs – the last thing we need to do in a weak economy.
Today’s Economy Weaker Than When Obama Extended All Tax Rates
2010 Economic Growth: 3.1%
Real GDP growth over the four quarters before Dec. 2010 tax rate extension: 3.1% (“Table 1.1.1, Percent Change From Preceding Period In Real Gross Domestic Product,” Bureau Of Economic Analysis, Accessed 7/9/12)
2012 Economic Growth: 2.0%
Real GDP growth over the previous four quarters: 2.0% (“Table 1.1.1, Percent Change From Preceding Period In Real Gross Domestic Product,” Bureau Of Economic Analysis, Accessed 7/9/12)
In 2010, Obama Said Tax Increases ‘Would Have Been A Blow To Our Economy’
PRESIDENT OBAMA:"...tax rates for every American were poised to automatically increase on January 1st... would have been a blow to our economy just as we’re climbing out of a devastating recession.” (President Obama, Remarks At Bill Signing, 12/17/10)
OBAMA:"If we allow these taxes to go up, the result would be that a lot of people most likely would spend less, and that means that the economy would grow less.” (President Obama, Remarks, Kokomo, IN, 11/23/10)
www.azgop.org/article/obama-carmona-want-higher-ta...esses
#nohopenochange #osgottago #obamafail #richardcarmona #azsen
https://chumly.com/n/14ffa96
Obama's Revisionist History...
(Part 3) Abandoning The Brand Of Hope And Change, Obama Senior Advisor David Axelrod Voluntarily Admitted That Obama Ran A Negative 2008 Campaign And Said He Would Do The Same In 2012. "Axelrod disputed the revisionist notion that Obama ran a strictly positive campaign four years ago - just ask Hillary Clinton and John McCain if they agree that Obama played patty-cake - and said the campaign is doing what it did in 2008, drawing a contrast between Obama and the opposition." (Glenn Thrush, "Obama's Negative Feedback Loop," Politico, 5/30/12)
#nohopenochange #obamafail #osgottago
https://chumly.com/n/14fde91
#nohopenochange #obamafail #osgottago
https://chumly.com/n/14fde91
Obama's Revisionist History...
(Part 2) 76 Percent Of The 68,443 Obama Ads That Have Aired Over The Last 30 Days Have Been Negative. "Off the 68,443 ads that Obama has run on TV (local broadcast, national network & national cable) in the 30-day period ended July 2, 52,016 had an 'anti-Romney message' - 76 percent of the total, according to New York-based Kantar Media's CMAG, which monitors campaign advertising." (Mark Silva, "$10 M Checks, Obama Complains - Yet Look Who's Gone Negative," Bloomberg, 7/6/12)
#nohopenochange #obamafail #osgottago
https://chumly.com/n/14fde6a
#nohopenochange #obamafail #osgottago
https://chumly.com/n/14fde6a
(Part 1) Obama's Revisionist History...
President Obama complains a lot on the stump about the negative tone of campaigns but the reality is he has a history of blurry memories and crying wolf on the subject. In 2008, it was Obama who turned down public financing, set fundraising records and blanketed the airwaves with negative ads against McCain. Politifact said Obama ran more negative ads than any presidential candidate in history. Surprise, surprise, Obama is leading the negative campaign yet again – 76 percent of his ads have been negative and let’s not forget David Axelrod admitting they’d run another negative campaign.
PolitiFact: Obama In 2008 Ran "More Negative Ads In American History" Than Any Other Presidential Candidate. "Rubio said, 'No candidate has run more negative ads in American history than Barack Obama did in 2008, especially in the general.' In sheer numbers, that statement is correct: Obama bought many more ads than McCain did, both positive and negative. Nevertheless, two studies suggest that, overall, Obama's ads were not significantly more negative than his rival. He ran the most negative ads because he ran the most ads. We rate Rubio's statement Mostly True." ("Marco Rubio Said 'No Candidate Has Run More Negative Ads In American History Than Barack Obama In 2008," Tampa Bay Times', "PolitiFact" 2/6/12)
#nohopenochange #obamafail #osgottago
https://chumly.com/n/14fde02
PolitiFact: Obama In 2008 Ran "More Negative Ads In American History" Than Any Other Presidential Candidate. "Rubio said, 'No candidate has run more negative ads in American history than Barack Obama did in 2008, especially in the general.' In sheer numbers, that statement is correct: Obama bought many more ads than McCain did, both positive and negative. Nevertheless, two studies suggest that, overall, Obama's ads were not significantly more negative than his rival. He ran the most negative ads because he ran the most ads. We rate Rubio's statement Mostly True." ("Marco Rubio Said 'No Candidate Has Run More Negative Ads In American History Than Barack Obama In 2008," Tampa Bay Times', "PolitiFact" 2/6/12)
#nohopenochange #obamafail #osgottago
https://chumly.com/n/14fde02
After A Third Straight Weak Jobs Report Showing The Economy Stalling...
Obama's Solution Is To Call For Higher Taxes.
FLASHBACK - President Obama: "The Last Thing You Want To Do Is Raise Taxes In The Middle Of A Recession." (President Obama, Remarks During An Interview With NBC, Elkhart, IN, 8/5/09)
OBAMA'S SOLUTION FOR THE 23 MILLION AMERICANS STRUGGLING TO FIND WORK IS TO RAISE TAXES ON JOB CREATORS AND SMALL BUSINESSES
The Joint Committee On Taxation Found President Obama's Tax Hike Would Raise Taxes On Nearly One Million Households And Small Businesses. "According to JCT, next year 940,000 households within the top 2 percent will report net positive business income and will face marginal tax rates that would be 36 percent or 39.6 percent under Obama's plan, up from 33 percent and 35 percent now. That represents 3.5 percent of taxpayers who have business income and 53 percent of net positive business income, the analysis said." (Richard Rubin, "Obama Plan Means Higher Taxes On Business Profits: Study," Bloomberg, 6/19/12)
Obama's Tax Hikes Would Hit Businesses That Account For 53 Percent Of All Business Income. "President Barack Obama's plan to raise tax rates for the top 2 percent of U.S. households would mean higher taxes on the people who report 53 percent of business income reported on individual returns, according to the Joint Committee on Taxation." (Richard Rubin, "Obama Plan Means Higher Taxes On Business Profits: Study," Bloomberg, 6/19/12)
(Continue reading: www.gop.com/images/research/obama_last_thing_you_w...t.pdf)
#rnc #gop #osgottago #obamafail #azgop #nohopenochange
http://chumly.com/n/14fd9c2
FLASHBACK - President Obama: "The Last Thing You Want To Do Is Raise Taxes In The Middle Of A Recession." (President Obama, Remarks During An Interview With NBC, Elkhart, IN, 8/5/09)
OBAMA'S SOLUTION FOR THE 23 MILLION AMERICANS STRUGGLING TO FIND WORK IS TO RAISE TAXES ON JOB CREATORS AND SMALL BUSINESSES
The Joint Committee On Taxation Found President Obama's Tax Hike Would Raise Taxes On Nearly One Million Households And Small Businesses. "According to JCT, next year 940,000 households within the top 2 percent will report net positive business income and will face marginal tax rates that would be 36 percent or 39.6 percent under Obama's plan, up from 33 percent and 35 percent now. That represents 3.5 percent of taxpayers who have business income and 53 percent of net positive business income, the analysis said." (Richard Rubin, "Obama Plan Means Higher Taxes On Business Profits: Study," Bloomberg, 6/19/12)
Obama's Tax Hikes Would Hit Businesses That Account For 53 Percent Of All Business Income. "President Barack Obama's plan to raise tax rates for the top 2 percent of U.S. households would mean higher taxes on the people who report 53 percent of business income reported on individual returns, according to the Joint Committee on Taxation." (Richard Rubin, "Obama Plan Means Higher Taxes On Business Profits: Study," Bloomberg, 6/19/12)
(Continue reading: www.gop.com/images/research/obama_last_thing_you_w...t.pdf)
#rnc #gop #osgottago #obamafail #azgop #nohopenochange
http://chumly.com/n/14fd9c2
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