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Thursday, July 7, 2011

We Are at War

I really wish I could write about more pleasant, non-controversial things, but there's too much going on.

I've been thinking for a long time that we are in another war. The frightening thing about this war is that it is on our soil. It is a form of class warfare. This president seems to think that it is important for everyone to have a share of our wealth. I agree with this point, but it's his method of ensuring this that I disagree with.

He seems to think that the wealthy should pay more taxes to support those not as fortunate or ambitious as CEO's and COO's. I've seen the work ethic of major executives. They do not work a 9-5 day. It is more likely an 8-9 day and this includes their secretaries. What he doesn't realize is that it is the wealthy who create jobs. When was the last time that a poor person had the ability to hire staff.

From what I heard, one of the reasons for companies not hiring is the uncertainty in the market. These companies don't know what their tax bill, health care expenses will be next year. Most companies plan their operations two or three years in advance. They also now have to worry that the National Labor Relations Board will interfere with their expansion into states where employees are not forced to join a union.

The president's latest kick is to tax corporate jets. This tax could cause the companies to move their manufacturing facilities overseas resulting in the loss of another industry and the resultant layoffs.

If the president thinks the wealthy should pay more taxes, he should go after his friends at GE. This company took full advantage of tax loopholes and paid no taxes for 2010. There is no law against wealthy individuals paying extra if they feel the country needs more money. The president, himself, took advantage of deductions while telling everyone else to pay more.

I feel very sad about all this class warfare. When I was young, many, many years ago, we wanted to succeed at our jobs so we worked hard at whatever job we could get; we saved our money to buy our homes, we didn't buy what we couldn't afford. The current thinking seems to be that the government (we taxpayers) should take care of us. If we buy a house we can't afford, we can try to readjust our mortgage or just file bankruptcy and walk away from our debts. We just have to have the latest car or gadget and then we have to have the most elaborate vacation. No wonder so many wives HAVE to work.

I worry about our country if this class warfare takes off.

Maybe tomorrow I'll have something good to write about.

3 comments:

Snooty Primadona said...

Amen sister! I couldn't have said it better myself...

Mary P said...

This was an interesting and nicely written sharing of your thoughts. Thank you! Truthfully, I just don't know how to suggest solving these serious problems. God willing, we'll come up with a solution before leaving this mess in the laps of our innocent Children and Grands!
Mary P ms/sss

Anonymous said...

Yes, you are on target again. But I really fear that OBama will be reelected. This country cannot stand four more years of this. I just read an article saying that Mr Johnson maid a 100 million on the real estate market after Clinton wanted everyone to be able to own a home.