"Recovery Summer"

[kalm]

Oh, and believe me, I wasn't referring to $200K/year earners.

Well, then perhaps there needs to be another tax level for those of us not getting rich, but who are going to be impacted if these tax cuts expire.

I agree, and that seems to be the trick.

For all of my "supposed" wealth envy, I get the fact that many people in that range are exactly the main street/small business owner types that need help. Raise their taxes, and they are more likely to assume a greater share of the work load rather than hire more workers (ie: get by with less).

That's why the tax cuts need to start at the very top.'

Remember, Clinton raised taxes on the top 2%, and the economy did not suffer. On the other hand, we're still waiting for the Bush tax cuts to provide meaningful growth.

[death dealer]

Well, then perhaps there needs to be another tax level for those of us not getting rich, but who are going to be impacted if these tax cuts expire.

I agree, and that seems to be the trick.

For all of my "supposed" wealth envy, I get the fact that many people in that range are exactly the main street/small business owner types that need help. Raise their taxes, and they are more likely to assume a greater share of the work load rather than hire more workers (ie: get by with less).

That's why the tax cuts need to start at the very top.'

Remember, Clinton raised taxes on the top 2%, and the economy did not suffer. On the other hand, we're still waiting for the Bush tax cuts to provide meaningful growth.

That's exactly what is going to happen in my case. It's sad really. I'd love to expand my business and add onto my building, bring in an associate to do some of the day to day grunt work, and allow me to focus more on some of the niche specialty stuff that I really want to work on. But there is some risk to that move, and it would require a significant investment, and a period of time to develop my referral base. None of which I want to do in this current anti-small business atmosphere. So I think I'll stand pat for now, until BO exits stage left in a few, and a more friendly administration takes power. Sucks for the people that I would have employed, and the people that would have gotten all that money I would have spent on the upgrades. Oh well, maybe they can get in on the next stimulus.

[kalm]

I agree, and that seems to be the trick.

For all of my "supposed" wealth envy, I get the fact that many people in that range are exactly the main street/small business owner types that need help. Raise their taxes, and they are more likely to assume a greater share of the work load rather than hire more workers (ie: get by with less).

That's why the tax cuts need to start at the very top.'

Remember, Clinton raised taxes on the top 2%, and the economy did not suffer. On the other hand, we're still waiting for the Bush tax cuts to provide meaningful growth.

That's exactly what is going to happen in my case. It's sad really. I'd love to expand my business and add onto my building, bring in an associate to do some of the day to day grunt work, and allow me to focus more on some of the niche specialty stuff that I really want to work on. But there is some risk to that move, and it would require a significant investment, and a period of time to develop my referral base. None of which I want to do in this current anti-small business atmosphere. So I think I'll stand pat for now, until BO exits stage left in a few, and a more friendly administration takes power. Sucks for the people that I would have employed, and the people that would have gotten all that money I would have spent on the upgrades. Oh well, maybe they can get in on the next stimulus.

Agreed as long as you admit that much of the anti-small business atomosphere also comes from big business.

[Grizalltheway]

I agree, and that seems to be the trick.

For all of my "supposed" wealth envy, I get the fact that many people in that range are exactly the main street/small business owner types that need help. Raise their taxes, and they are more likely to assume a greater share of the work load rather than hire more workers (ie: get by with less).

That's why the tax cuts need to start at the very top.'

Remember, Clinton raised taxes on the top 2%, and the economy did not suffer. On the other hand, we're still waiting for the Bush tax cuts to provide meaningful growth.

That's exactly what is going to happen in my case. It's sad really. I'd love to expand my business and add onto my building, bring in an associate to do some of the day to day grunt work, and allow me to focus more on some of the niche specialty stuff that I really want to work on. But there is some risk to that move, and it would require a significant investment, and a period of time to develop my referral base. None of which I want to do in this current anti-small business atmosphere. So I think I'll stand pat for now, until BO exits stage left in a few, and a more friendly administration takes power. Sucks for the people that I would have employed, and the people that would have gotten all that money I would have spent on the upgrades. Oh well, maybe they can get in on the next stimulus.

My sister has a pretty hot friend who's in dental school down in Denver right now. I'm sure she'd love to take care of some of the "grunt work" for you.

[death dealer]

That's exactly what is going to happen in my case. It's sad really. I'd love to expand my business and add onto my building, bring in an associate to do some of the day to day grunt work, and allow me to focus more on some of the niche specialty stuff that I really want to work on. But there is some risk to that move, and it would require a significant investment, and a period of time to develop my referral base. None of which I want to do in this current anti-small business atmosphere. So I think I'll stand pat for now, until BO exits stage left in a few, and a more friendly administration takes power. Sucks for the people that I would have employed, and the people that would have gotten all that money I would have spent on the upgrades. Oh well, maybe they can get in on the next stimulus.

Agreed as long as you admit that much of the anti-small business atomosphere also comes from big business.

I don't have a problem lumping them in with the rest of the schmucks. It's no mystery why small business's get fucked the way we do. We don't have as much money to throw around to pay off politicians like Rangel and Waters or their Repuke opposites. Its easy to pick on us, we're low lying fruit. Meanwhile, the politicians continue to pander to the breeders that witlessly fall into line to vote for them as if it might make some real difference in their pathetic little lives, and then turn around and wallow in the flood of money from the big boys.

[native]

Let me see if I've got this right... for my own edification.

The democrats want to allow the Bush tax cuts to expire yet they want more stimulus spending????????????

So is what I just typed code for tax and spend/income redistribution?????????????????? Or perhaps code for "the government knows better how to spend the money of hard working tax paying americans than the producers, earners, and business owners than they do?" Or perhaps "lower taxes on small business doesn't help the economy but higher taxes and government spending does??????????????"

The arrogance...

[BDKJMU]

What a joke. Double dip is on the way...

Yep:
"Bad news on homes, goods adds to air of recession"

"Businesses are ordering fewer goods. Home sales are the slowest in decades. Jobs are scarce, and unemployment claims are rising. Perhaps most worrisome, manufacturing activity, which had been one of the economy's few bright spots, is faltering.

"The odds of a double-dip are rising and uncomfortably high," said Mark Zandi, chief economist at Moody's Analytics, referring to the possibility that the nation will tip back into recession. "Nothing else can go wrong. There is no cushion left."

On Wednesday, the government offered the latest dose of grim news about the economic recovery: Companies cut back last month on their investments in equipment and machines. And Americans bought new homes at the weakest pace in nearly half a century.

Earlier this week came news that sales of previously occupied homes fell last month to the lowest level in 15 years.

Unemployment remains near double digits because job growth in the private sector has slowed.

The economy has grown for a full year now, and many experts believe the recession technically ended in July 2009. But the pace of expansion has slowed significantly in the past six months.

Economists are predicting the government will announce Friday that the economy grew from April to June even more slowly than previously thought, at an annual rate below 2 percent — weak for normal times and especially anemic right after a recession......."
http://news.yahoo.com/s/ap/us_economy" onclick="window.open(this.href);return false;

"Recovery Summer"- Obama, Biden and the rest of the dems who gone around talking about a "recovery summer" are a bunch of f'ing morons for going around using that term. Its like the emperor has no clothes..

[kalm]

What a joke. Double dip is on the way...

Yep:
"Bad news on homes, goods adds to air of recession"

"Businesses are ordering fewer goods. Home sales are the slowest in decades. Jobs are scarce, and unemployment claims are rising. Perhaps most worrisome, manufacturing activity, which had been one of the economy's few bright spots, is faltering.

"The odds of a double-dip are rising and uncomfortably high," said Mark Zandi, chief economist at Moody's Analytics, referring to the possibility that the nation will tip back into recession. "Nothing else can go wrong. There is no cushion left."

On Wednesday, the government offered the latest dose of grim news about the economic recovery: Companies cut back last month on their investments in equipment and machines. And Americans bought new homes at the weakest pace in nearly half a century.

Earlier this week came news that sales of previously occupied homes fell last month to the lowest level in 15 years.

Unemployment remains near double digits because job growth in the private sector has slowed.

The economy has grown for a full year now, and many experts believe the recession technically ended in July 2009. But the pace of expansion has slowed significantly in the past six months.

Economists are predicting the government will announce Friday that the economy grew from April to June even more slowly than previously thought, at an annual rate below 2 percent — weak for normal times and especially anemic right after a recession......."
http://news.yahoo.com/s/ap/us_economy" onclick="window.open(this.href);return false;

"Recovery Summer"- Obama, Biden and the rest of the dems who gone around talking about a "recovery summer" are a bunch of f'ing morons for going around using that term. Its like the emperor has no clothes..

Actually jobless claims fell last week. But I agree that we're still in deep trouble.

[Cap'n Cat]

You Chicken Little fvcks always make me laugh. As with Hurricane Katrina, this downturn (precipitated by Conks and Conky behavior), is unprecedented in American hisotry and there ain't anyone who knows how to deal with it, Conk or Donk. I give Obama points for doing something. No Conk woulda done any better or worse.

To me, it's kinda like World War II, during which we had to feel our way around, mobilize and suffer some significant setbacks before realizing any success and eventually triumphing. Conks prefer to make shrieking girlie noises rather than have anything substantive to offer as an alternative, other than their tired old mantra of tax cuts for their wealthy buds. It's born out of jealousy and racism.


Fact is, most of you Konk klowns still can't get over the black President thing.

Shame..........

[Ivytalk]

Fact is, most of you Konk klowns still can't get over the black President thing.

I got over him tonight when he wore that tacky homey outfit on the Vineyard .

[native]

And the ruling class of Dems and Reps are stilling living with champaigne wishes and caviar dreams while the rest of us wait for a recovery........................

...which is why the Tea Party, with all its flaws, is the best thing gong right now.

[AZGrizFan]

You Chicken Little fvcks always make me laugh. As with Hurricane Katrina, this downturn (precipitated by Conks and Conky behavior), is unprecedented in American hisotry and there ain't anyone who knows how to deal with it, Conk or Donk. I give Obama points for doing something. No Conk woulda done any better or worse.

To me, it's kinda like World War II, during which we had to feel our way around, mobilize and suffer some significant setbacks before realizing any success and eventually triumphing. Conks prefer to make shrieking girlie noises rather than have anything substantive to offer as an alternative, other than their tired old mantra of tax cuts for their wealthy buds. It's born out of jealousy and racism.

Oh, you mean kind of like 9/11 and Katrina? (I know, Hen & Ursus...bad analogy).

[D1B]

Sounds like you're confusing the stimulus bill with TARP, oh bald one.

Both baldy and myself have gone on the record many times as being against both TARP AND the massive stimulus packages. I'm fairly certain (given the industry he's in) he knows way more about TARP than you do (or ever will).

Nice post Joltin Joe!

[TheDancinMonarch]

You Chicken Little fvcks always make me laugh. As with Hurricane Katrina, this downturn (precipitated by Conks and Conky behavior), is unprecedented in American hisotry and there ain't anyone who knows how to deal with it, Conk or Donk. I give Obama points for doing something. No Conk woulda done any better or worse.

To me, it's kinda like World War II, during which we had to feel our way around, mobilize and suffer some significant setbacks before realizing any success and eventually triumphing. Conks prefer to make shrieking girlie noises rather than have anything substantive to offer as an alternative, other than their tired old mantra of tax cuts for their wealthy buds. It's born out of jealousy and racism.


Fact is, most of you Konk klowns still can't get over the black President thing.

Shame..........

An honest difference of opinion over policy does not constitute racism and calling people names is not likely to draw them to your side of the argument. You would be well served to leave both out of the discussion. And the large font does not make you seem smarter.

[AZGrizFan]

You Chicken Little fvcks always make me laugh. As with Hurricane Katrina, this downturn (precipitated by Conks and Conky behavior), is unprecedented in American hisotry and there ain't anyone who knows how to deal with it, Conk or Donk. I give Obama points for doing something. No Conk woulda done any better or worse.

To me, it's kinda like World War II, during which we had to feel our way around, mobilize and suffer some significant setbacks before realizing any success and eventually triumphing. Conks prefer to make shrieking girlie noises rather than have anything substantive to offer as an alternative, other than their tired old mantra of tax cuts for their wealthy buds. It's born out of jealousy and racism.


Fact is, most of you Konk klowns still can't get over the black President thing.

Shame..........

An honest difference of opinion over policy does not constitute racism and calling people names is not likely to draw them to your side of the argument. You would be well served to leave both out of the discussion. And the large font does not make you seem smarter.

Allow me to respond for Cap'n Cat:

I KNOW I AM BUT WHAT ARE YOU???

[Cap'n Cat]

You Chicken Little fvcks always make me laugh. As with Hurricane Katrina, this downturn (precipitated by Conks and Conky behavior), is unprecedented in American hisotry and there ain't anyone who knows how to deal with it, Conk or Donk. I give Obama points for doing something. No Conk woulda done any better or worse.

To me, it's kinda like World War II, during which we had to feel our way around, mobilize and suffer some significant setbacks before realizing any success and eventually triumphing. Conks prefer to make shrieking girlie noises rather than have anything substantive to offer as an alternative, other than their tired old mantra of tax cuts for their wealthy buds. It's born out of jealousy and racism.


Fact is, most of you Konk klowns still can't get over the black President thing.

Shame..........

An honest difference of opinion over policy does not constitute racism and calling people names is not likely to draw them to your side of the argument. You would be well served to leave both out of the discussion. And the large font does not make you seem smarter.

Shut up, Junior. The boys know I love 'em.

[GannonFan]

"Recovery Summer" is going about as well as the "Summer of George"

Funny stuff!!!! The first time I heard the "Recovery Summer" the first thing I thought of was Seinfeld. Seriously, who comes up with this stuff and don't tell me I'm that old now that the people in Washington coming up with these slogans are too young to remember Seinfeld.

[mainejeff]

Seems like people that are secure in their jobs and their homes are against any type of stimulus spending.......makes sense, no?

[Col Hogan]

Seems like people that are secure in their jobs and their homes are against any type of stimulus spending.......makes sense, no?

Show me someone....anyone...who has been opposed to "ANY TYPE" of stimulus...

I'm opposed to the type passed by Congress and signed by the President...a series of gifts to partisan supporters...

If the vast majority of the money went into rebuilding the infrastructure of this country that has been neglected for decades...I could get behind that...

But if you look at where the money really went...Yea, I'm opposed to that...

[Skjellyfetti]

Most of the money went to tax breaks and infrastructure. Why can't you get behind that, Col.?

[native]

Most of the money went to tax breaks and infrastructure. Why can't you get behind that, Col.?

Less than 10% went to infrastructure. Most was nothing but political payola and redistribution of wealth. I know full well how YOU can get behind such buggery, skelly.

[Col Hogan]

Most of the money went to tax breaks and infrastructure. Why can't you get behind that, Col.?

10. A $427,824 research grant to design better video games for senior citizens based on their unique “game-play needs”.

9. Funding of a Dartmouth College study involving “sexual arousal in anesthetized female rats” ($9,870).

8. Funding of a $168,300 SBA loan to the Escape Massage parlor in Midlothian, VA.

7. Funding a $447,492 Univ. of North Carolina study on the development and use of “African American English” amongst 70 adolescents.

6. $10,346 for a heating and cooling company to provide “escort services” for other companies performing a laser scanning survey at a courthouse in Honolulu, Hawaii.

5. An academic study comparing outcomes of the concurrent and separate use of malt liquor and marijuana ($389,357).

4. A $225,000 study at Ohio State University on the relative and combined impacts of air pollution and a high fat diet on obesity development.

3. A $712,883 research grant to develop “machine-generated humor“. Project will design artificially intelligent “comedic performance agents”, and will “deploy them both on and off-line for the enjoyment and illumination of everyday citizens”.

2. A $54 million project to relocate one bridge for the Napa Valley Wine Train (!) in order to mitigate the possible impact of a “100 year storm event”.

And the number one most ridiculous use of stimulus funds…

1. $9.3 million (!) to fund the design and development of a “coordinated colony of robotic bees“!

http://www.verumserum.com/?p=11141" onclick="window.open(this.href);return false;

[Skjellyfetti]

Most of the money went to tax breaks and infrastructure. Why can't you get behind that, Col.?

10. A $427,824 research grant to design better video games for senior citizens based on their unique “game-play needs”.

9. Funding of a Dartmouth College study involving “sexual arousal in anesthetized female rats” ($9,870).

8. Funding of a $168,300 SBA loan to the Escape Massage parlor in Midlothian, VA.

7. Funding a $447,492 Univ. of North Carolina study on the development and use of “African American English” amongst 70 adolescents.

6. $10,346 for a heating and cooling company to provide “escort services” for other companies performing a laser scanning survey at a courthouse in Honolulu, Hawaii.

5. An academic study comparing outcomes of the concurrent and separate use of malt liquor and marijuana ($389,357).

4. A $225,000 study at Ohio State University on the relative and combined impacts of air pollution and a high fat diet on obesity development.

3. A $712,883 research grant to develop “machine-generated humor“. Project will design artificially intelligent “comedic performance agents”, and will “deploy them both on and off-line for the enjoyment and illumination of everyday citizens”.

2. A $54 million project to relocate one bridge for the Napa Valley Wine Train (!) in order to mitigate the possible impact of a “100 year storm event”.

And the number one most ridiculous use of stimulus funds…

1. $9.3 million (!) to fund the design and development of a “coordinated colony of robotic bees“!

http://www.verumserum.com/?p=11141" onclick="window.open(this.href);return false;

All that adds up to ~65 million dollars. That's a SLIGHT fraction of the stimulus money. Compare that to 223 BILLION for tax breaks.

[eagleskins]

Baldy is right about one thing. Eminem is killing it this summer.

[BDKJMU]

Released last Fri economic growth was revised downward for the 2nd qtr from 2.4 % to 1.6% , and its probably going to be worse the 3rd qtr. Some recovery.