Off-Topic: Billary's economic illiteracy
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   Billary's economic illiteracy
Date:   10/28/2014 12:51:08 PM

A quote from the so-called smartest woman in the world, "Don’t let anybody tell you that it’s corporations and business that create jobs."  This might be the most abjectly stupidest comment coming from a left wing nut politician......and that is saying something.  Just a couple of minor points that refutes her assertion in its totality.  There are about 22M people that work for government (2/3rds of which work for local government) and ~142M working for businesses and corporations.  So on the numbers alone she is stupid.

But its even worse.  Not only do businesses and corproations create the vast majority of jobs they also provide the funds by which government is funded either through payroll taxes, income taxes and corporate taxes.  Government creates nothing.....remember that.  But more to the point, according to research done at George Mason University, entrepenuers retain on ~2% of what they create while paying about 40% of all taxes.  That means the rest of us retain 98% of the value created by entrepreneurs.  And what is even more telling is that they earn their 2% voluntarily versus the government taking their portion at the point of a gun.  We the consumers willingly part with our hard earned dollars to buy products and services created by businesses and corporations.  Of course I exclude the parasites that live on the government dole when I use the term "hard earned".

So my thesis that Billary will an economic disaster as we have with Obola is pretty much on target.  Of course she is trying to walk her latest gaffe back but she is definitely provding the GOP with plenty of cannon fodder for 2016.  If she keeps this up she may not even be able to hold onto the nomination.  Her lack of political skills is matched only by her lack of any other skills as evidenced by the fact that she was an abject failure as SOS.  Unless you define success as making the world a much more dangerous place and leaving your employees unprotected so they can be strangled and sodomized by Islamofascists.  Hard to tell what the left considers success these days.

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Billary's economic illiteracy - MartiniMan - 10/28/2014 12:51:08 PM



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