And I agree with Ron’s point that we need these wealthy people to invest, expand and create jobs. That was the key point in my original letter. What Mr. Murray fails to acknowledge, however, is that many, if not all, of the economic policies of our current administration discourage this type of behavior. Small business owners, who constitute a significant majority of the ‘wealthy’ in this country, are simply not going to risk their capital in such an uncertain economic environment.
With the potential elimination of the Bush tax cuts (in other words, a potential tax increase), the uncertain impact of the new health care bill on employers, continuing legislative maneuvering on regulating carbon emissions, card check and other anti-business legislation, companies are taking a very conservative approach with respect to their future plans. The result of these policies are plain to see – near double-digit unemployment and stagnant private-sector employment growth.
If Mr. Murray truly wants job growth for all Americans, he should temper his criticism of those who create job opportunities and do more to support policies that encourage business activity and growth in the private sector.
American citizens are guaranteed the right to life, liberty and the pursuit of happiness. Wealth … well, that we must earn.
Joe Douglas Carter
Rockingham
I always answer questions and explain in detail. You just ignore the responses of those who don't agree with you.
The rest of the world is watching our nation go down the drain and they are very concerned while you continue to cling to the ideology of those who are causing it.
I would like to "tweek"it a bit if you don't mind.The economic policies of this administration do not discourage investive behavior,it stifles it.Tax increases alone will cause small business owners and other wealthy investers to halt because of incertainty and potentially less cash on hand.Notice I said a"tax increase" and not "potential"tax increase.The Obamma administration fully intends to increase taxes and cite the deficit as a major cause.What many people fail to realize is that in order to pay off a debt,especially of this magnitude,we must have a strong economy.
For example;Clinton in his first term raised taxes.In the middle of his second term,we had the".com" boom and the economy got really strong and He left office with a small surplus but surplus nonetheless.Now Bush created tax cuts and had a new war on his hands in his first term.In the first year of His second term,we had a "housing"boom and the economy got really strong and the deficit came down 3 years in a row;not ending in a surplus but decreasing nonetheless even with the astronomical cost of a war.
What I am saying is that a tax increase or a tax cut will not cause the deficit to go down;only a strong economy on a global market will.Without investment from those who can invest,our economy will STAY stagnant,just like it has been for a few years now.A tax increase right now would be economical suicide,however,if the tax cuts are extended for 2 more years and the"rich" invest due to NEW found certainty verses the aforementioned uncertainty,then our economy will grow.Tax increases can come later when there is more money on hand for businesses and independently wealthy individuals to pay.Tit for tat in a way I would say.
Definitely,wealth HAS to be earned by those who do not start out wealthy and it takes economically sound investments to stay that way!!
Hamletresident..?You have absolutely NO idea what you are saying.I mean about ANYTHING!If you do NOT research or know history,then why do you recite it like you have it in black and white right in front of you?You speak in PART so your knowledge is in PART.
As far as Kevin1 is concerned,"Don't be hat'in!"Not only is he on point with his comments,he jokes around some and it makesyou and others mad.He's funny as Hell and you know it.The comedy is welcome as far as I am concerned and his comments most certainly are also.Your question for Mr.Carter,if you would learn to read,was answered before you asked it in the letter itself.If that goes over your head, then get the answer from my post(up a few paragraphs).If you are still confused,I say give up,take some REMEDIAL grammar and vocabulary classes,then come back at a later time.
ONCE AGAIN,VERY GOOD LETTER MR.CARTER
/gets hamletresident's teeth out of glass
//feeds her some pudding
Hamlet resident would like to ask the journal how many names Kevin is blogging under!
/i'll wait for your answer
I really don't care for either party. My thing is, use the brain and common sense that the good Lord has given you. I have been saying this for a long time and especially since Obama took office. He says that there will be more jobs created. My question is...where are they at? I know Richmond County isn't what it use to be and it probably won't be that again. But come on now...Obama said what the American people wanted to hear and yet (and I know, he can't do without having Congress to back him and vis-versa) he hasn't done a thing for the American people or the economy.
He said he was going to go for those who came for a bail out and used it for BOUNUES...haven't seen him go after squat. When is this going to happen? I think he is full of hot air. He talks the talk and that is all he does.
All I can say is....GOD HAVE MERCY ON THOSE WHO ARE RUNNING THIS COUNTRY!!!!