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View Full Version : Obama Business Understanding stays at zero in White House


HonestChieffan
02-10-2010, 12:19 PM
This was discussed last week regarding a tax credit for hiring people...it just is unerscored to a greater degree when he wants people in business to go deeper in debt..

Obama's Lack of Business Sense
By Robert P. Kirchhoefer on 2.9.10 @ 4:40PM

http://spectator.org/blog/2010/02/09/obamas-lack-of-business-sense

Some baffling comments by President Obama in today's press conference.

Asked how how and why small business loans would help small business, President Obama replied:

"If [small businesses] can get the bank loans to boost their payroll... they will do so." He further claimed that in his "travels" he has spoken with small business owners nationwide, and they see optimism and new customers.

I'm curious where these travels took him? A land inhabited with a fairy, children, and a flying boy in a green suit?

Unfortunately, a Presidential decree that small businesses are ready to hire, even from this President, does not make it so. In truth, small businesses are not excited about their 2010 prospects. They need to be. As a Wall Street Journal economic report states, small businesses are stymied:

"Optimism has clearly stalled in spite of the improvements in the economy in the second half of 2009," said William Dunkelberg, chief economist for the lobbying organization. "Small-business owners entered 2010 the same way they left 2009 -- depressed."

Yet, our President advocates taking loans for the purpose of boosting payroll -- in the middle of an economic draught. It just makes no sense. Unnecessary risk is not what strengthens and repairs the backbone of our economy -- small business.

Going into debt for the purpose of maintaining payrolls you cannot afford is not how capitalism works. It's not how industries recover.

It was how the Soviet Union worked, however -- before it imploded.

And to think McCain was the one who claimed a weakness in economics. Would that other leaders were as honest.

Small businesses need a long term commitment to conditions necessary for growth -- long term. They need to be shown that their taxes will stay low, and they need to be shown that their government will help them, by getting out of the way.

They don't need false hope, and neither do we.

wild1
02-10-2010, 12:33 PM
"If [small businesses] can get the bank loans to boost their payroll... they will do so."

What the hell is he talking about? He thinks they will borrow short-term money to "boost their payroll"?

alanm
02-10-2010, 12:34 PM
You don't borrow money to boost your payroll.
How f*cking stupid is this guy?:spock:

wild1
02-10-2010, 01:02 PM
Does anyone believe he has talked to anyone on his "travels" about this stuff, and they've said what he says they said? What a bunch of malarkey.

mlyonsd
02-10-2010, 01:36 PM
You don't borrow money to boost your payroll.
How f*cking stupid is this guy?:spock:

You do if you're the government. Maybe that's why he's confused.

HonestChieffan
02-10-2010, 01:45 PM
Phoney then. Phoney now. Phoney forever.

Like he chats up the little people.

donkhater
02-10-2010, 01:56 PM
Does anyone believe he has talked to anyone on his "travels" about this stuff, and they've said what he says they said? What a bunch of malarkey.

His speeches are becoming so cliche it's boderline ridiculous. He almost can't make it through one without setting up some sort of strawman.

ChiTown
02-10-2010, 02:26 PM
His speeches are becoming so cliche it's boderline ridiculous. He almost can't make it through one without setting up some sort of strawman.

The problem:

He doesn't lead, he never has and never has had to. He ONLY campaigns (it's what orators do). That's what this asshole knows how to do - it's ALL he knows how to do!

petegz28
02-10-2010, 04:17 PM
The problem:

He doesn't lead, he never has and never has had to. He ONLY campaigns (it's what orators do). That's what this asshole knows how to do - it's ALL he knows how to do!

Um....this...

petegz28
02-10-2010, 04:18 PM
Ok, so let us say I own a small business and like most others at this time, business is not so good. So this guy thinks I will take out a loan to boost my payroll???

Mr. President, you fucking idiot, higher payroll + no new business = I go out of business faster than I already was.

Chief Henry
02-11-2010, 07:36 AM
The liberal lovers on this board have stayed away from this thread....hmmm

We have a president that can't pronounce corpsman and he doesn't know the first thing about bsn. 101. He wants small bsn. owners to borrow money to add or maintain payroll.

Are you kidding me...:facepalm:

wild1
02-11-2010, 09:33 AM
His speeches are becoming so cliche it's boderline ridiculous. He almost can't make it through one without setting up some sort of strawman.

The entire first year was based on straw men.

The total illiteracy on these topics, such as where jobs come from, is just shocking.

stevieray
02-11-2010, 09:35 AM
The problem:

He doesn't lead, he never has and never has had to. He ONLY campaigns (it's what orators do). That's what this asshole knows how to do - it's ALL he knows how to do!

yup.

banyon
02-11-2010, 09:48 AM
The problem:

He doesn't lead, he never has and never has had to. He ONLY campaigns (it's what orators do). That's what this asshole knows how to do - it's ALL he knows how to do!

So far through his term, I am unfortunately inclined to agree. He has turned agendas over to those who know even less about leadership, Pelosi and Reid.