Comments on: Will Recovery Pick Up Steam . . . or Peter Out? http://www.gaypatriot.net/2010/07/31/will-recovery-pick-up-steam-or-peter-out/ The Internet home for American gay conservatives. Fri, 10 Feb 2012 19:26:21 -0700 hourly 1 http://wordpress.org/?v=3.1.1 By: Delusional Bill http://www.gaypatriot.net/2010/07/31/will-recovery-pick-up-steam-or-peter-out/comment-page-1/#comment-592537 Delusional Bill Sun, 01 Aug 2010 18:32:58 +0000 http://www.gaypatriot.net/?p=28063#comment-592537 No sane, rational human being is going to wager ANY amount of money on starting/expanding a business, making unnecessary purchases not make any decisions past the next month given the uncertainty of the current administrations policies. When all you read, hear and understand about what they plan to do to your probable future earnings, investments, etc... you'd need a padded cell to invest in the future. To have the average savings rate in this country jump above 6% tells you that Americans are battening down the hatches and trying the best to keep as low a profile as possible. How that can square with all the happy talk coming from Washington about a recovery is delusional at best. Americans will begin to 'risk' their capital when the smoke clears and this Administrations policies are a distant speck in the rear view mirror. No sane, rational human being is going to wager ANY amount of money on starting/expanding a business, making unnecessary purchases not make any decisions past the next month given the uncertainty of the current administrations policies. When all you read, hear and understand about what they plan to do to your probable future earnings, investments, etc… you’d need a padded cell to invest in the future. To have the average savings rate in this country jump above 6% tells you that Americans are battening down the hatches and trying the best to keep as low a profile as possible. How that can square with all the happy talk coming from Washington about a recovery is delusional at best. Americans will begin to ‘risk’ their capital when the smoke clears and this Administrations policies are a distant speck in the rear view mirror.

]]> By: heliotrope http://www.gaypatriot.net/2010/07/31/will-recovery-pick-up-steam-or-peter-out/comment-page-1/#comment-592526 heliotrope Sun, 01 Aug 2010 16:17:58 +0000 http://www.gaypatriot.net/?p=28063#comment-592526 A friend owns a Ford franchise and had his long standing Jeep franchise unceremoniously ripped out from underneath him. This was just after he had completed an entirely dedicated Jeep facility next to his Ford facility. Now he is trying to guess what his health care costs will be, what will happen to him tax-wise and what to do about car sales in a deep recession. To put it mildly, he does not see any light at the end of the tunnel. He was a major mover and shaker in Democrat politics for years, but he is full bore TEA Party now. He has cut his recent hires and cut back hours on his old employees just to try to balance the books. He converted the new ex-Jeep facility into a used car store and he is pushing it with all his might. Ford is still holding his feet to the old floor plan levels and he is moving those units at a loss just to stay even when the recession lifts. The banks have cut way back on floor plan financing and the customers in his used car store are having more trouble getting financing. No, the recovery has not hit the small business man, unless you are one of chosen Obama green windows people. A friend owns a Ford franchise and had his long standing Jeep franchise unceremoniously ripped out from underneath him. This was just after he had completed an entirely dedicated Jeep facility next to his Ford facility.

Now he is trying to guess what his health care costs will be, what will happen to him tax-wise and what to do about car sales in a deep recession.

To put it mildly, he does not see any light at the end of the tunnel. He was a major mover and shaker in Democrat politics for years, but he is full bore TEA Party now.

He has cut his recent hires and cut back hours on his old employees just to try to balance the books. He converted the new ex-Jeep facility into a used car store and he is pushing it with all his might. Ford is still holding his feet to the old floor plan levels and he is moving those units at a loss just to stay even when the recession lifts.

The banks have cut way back on floor plan financing and the customers in his used car store are having more trouble getting financing.

No, the recovery has not hit the small business man, unless you are one of chosen Obama green windows people.

]]> By: Saturday Afternoon – Watching The Driveway Melt – Laundry Time , An Ol’ Broad’s Ramblings http://www.gaypatriot.net/2010/07/31/will-recovery-pick-up-steam-or-peter-out/comment-page-1/#comment-592444 Saturday Afternoon – Watching The Driveway Melt – Laundry Time , An Ol’ Broad’s Ramblings Sat, 31 Jul 2010 22:39:49 +0000 http://www.gaypatriot.net/?p=28063#comment-592444 [...] Will Recovery Pick Up Steam . . . or Peter Out? – Gay Patriot [...] [...] Will Recovery Pick Up Steam . . . or Peter Out? – Gay Patriot [...]

]]> By: Sebastian Shaw http://www.gaypatriot.net/2010/07/31/will-recovery-pick-up-steam-or-peter-out/comment-page-1/#comment-592437 Sebastian Shaw Sat, 31 Jul 2010 21:11:14 +0000 http://www.gaypatriot.net/?p=28063#comment-592437 With punishing taxes & other horrible nasties in ObamaCare, the experiation of the Bush Tax Cuts, & the Dodd-Frank Bank Takeover Law alone is enough to atrophy private job growth for the foreseeable future. All of these must be REPEALED ASAP or our economy will continue to sputter. Obama & the Obama Democrats have not done himself any favors signing such punishing legislation. With punishing taxes & other horrible nasties in ObamaCare, the experiation of the Bush Tax Cuts, & the Dodd-Frank Bank Takeover Law alone is enough to atrophy private job growth for the foreseeable future. All of these must be REPEALED ASAP or our economy will continue to sputter. Obama & the Obama Democrats have not done himself any favors signing such punishing legislation.

]]> By: JP http://www.gaypatriot.net/2010/07/31/will-recovery-pick-up-steam-or-peter-out/comment-page-1/#comment-592426 JP Sat, 31 Jul 2010 18:52:02 +0000 http://www.gaypatriot.net/?p=28063#comment-592426 They also admitted that Tax Cuts improve the economy. They WH said their numbers assume the Bush Cuts, so demonized by 0bama and the rest "For Getting Us Into This Mess" , are not going to be repealed, so that is why their numbers are so much higher than the CBO numbers. They also disregard that the slowdown from "Stimulus" is still ongoing, so that will hurt the recovery well into the next decade. It was by design a long term slow bleed. They also admitted that Tax Cuts improve the economy. They WH said their numbers assume the Bush Cuts, so demonized by 0bama and the rest “For Getting Us Into This Mess” , are not going to be repealed, so that is why their numbers are so much higher than the CBO numbers.
They also disregard that the slowdown from “Stimulus” is still ongoing, so that will hurt the recovery well into the next decade. It was by design a long term slow bleed.

]]> By: TnnsNe1 http://www.gaypatriot.net/2010/07/31/will-recovery-pick-up-steam-or-peter-out/comment-page-1/#comment-592424 TnnsNe1 Sat, 31 Jul 2010 18:45:12 +0000 http://www.gaypatriot.net/?p=28063#comment-592424 The ObamaCare deficit reduction numbers were based on a growth factor of at least 5% per year for the next 10 years. I imagine the people at the CBO laughed out loud at those assumptions. Given this anemic rate of growth so far this year, the deficit is only going to get larger. The ObamaCare deficit reduction numbers were based on a growth factor of at least 5% per year for the next 10 years. I imagine the people at the CBO laughed out loud at those assumptions. Given this anemic rate of growth so far this year, the deficit is only going to get larger.

]]>