Blogmocracy in Action!
Guest post by: Mars!

How is the President Planning on Paying for his Hilariously Misnamed “Jobs Bill”? On Your Backs of Course.

Today the breakdown was released for how President Change plans on paying for this asinine jobs bill. It is clear of course that this bill is a waste of time and will cause more damage than even his previous economy crippling policies. Not only that but conservative estimates say that his 400+ billion cost is a severe underestimate of actual costs. Any estimate of costs, though, needs to include the damage to the economy that his payment method will obviously cause.

Here’s the breakdown:

1. $405 billion will be paid by limiting the itemized charitable contributions taken by individuals making over $200,000 a year and families making over $250,000 a year.

2. $41 billion from closing tax loopholes for oil and gas companies.

3. $18 billion from requiring fund managers to pay higher taxes on certain income.

4. $3 billion from changing that tax treatment of corporate jets.

Anyone with half a brain can see this is damaging right when we need it least.

1. I and several people I know have needed assistance from charity recently. The charities are out of money. It just isn’t there, they are barely squeaking by on what they have. This move by the President will take even more money from the charities at a time when they can least afford it.

2. Energy costs are already at an all-time high. The costs trickle down into every area of the economy. Food prices are already out of control, jobs are lacking, less trucking of products is taking place, all this guarantees is further destruction of the economy and the destruction of the poor.

3. Any money taken out of the economy and given to the government is lost forever. By taking this $18 billion, that is $18 billion in jobs, products, and services not being paid for.

4. The airplane manufacturing industry is one of the last areas where the United States is ahead in the manufacturing industry. This will ensure that comes to an end.

It’s obvious this isn’t about boosting the economy, this entire bill and it’s payment method are clearly another attempt by this President to force “social justice” onto the masses no matter what the damage that is caused. This man is becoming a third world dictator that will soon rule over a third world country unless we get the needed change in 2012.

-Mars