My Daddy's Common Sense

Is common sense no more?

Archive for the tag “economy”

THE TRUTH, and NOTHING BUT THE TRUTH, I SWEAR!!!!!

Well, here we are once again sitting at my computer fixing to try to explain to “liberals” the folly in their ways. Guess I will never learn that I’m fighting a “never-ending battle” as the “COMMON SENSE” that I write about just flies “right over their heads”.  As my Dad and Mom always said, “in one ear and straight out the other”. But, I feel so sorry for them that I just have to keep trying; so, here I go once again.

I heard a “liberal” on TV the other day say that “President Trump was leading us toward the end of democracy”.  I, as a “COMMON SENSE” type of guy, perked up at that and decided to give it some thought.  Remember now, it only makes “COMMON SENSE” to listen to both sides of the argument and try to think it through. The following is just a partial list of the pros/cons of the last administration and the current one.

During the Obama administration we had the following:

  1. Lois Learner and the IRS scandal.  Does anyone know the results? Well she retired and receives full benefits and was never charged although she seemed more than guilty. Democracy?
  2. Obama, himself, went after Fox News and James Rosen and his family with unjustified warrants trying to shut him up. Democracy?
  3. Did Obama not put a video maker in prison? Is he still serving time and he is an immigrant? Democracy?
  4. Obama and nine of his staff, including himself, approved of the “Uranium Deal”. Democracy?
  5. Obama and his administration released more “illegals with criminal records than any President. Democracy?

This is but a short list so that you will start to think thru and discover for yourself all the ways that Obama and his administration were making us a third world type of country by not following Constitutional laws.

Now lets look at a partial list of accomplishments of the Trump administration. This as above is just a partial list so as to make you research for yourself.

  1. The appointment of Supreme Court Justice Neil Gorsuch. This will have a positive effect on our democracy for years.
  2. The record appointment of 12 Federal Appeals Court Judges. Again positive effect for years.
  3. Individual mandate repeal from Obamacare.
  4. Deregulation of restrictions to free up the business climate to produce more jobs.
  5. The travel ban to restrict bad people from  bad countries to help keep us safer.
  6. Tax Reform which has inspired corporations to bring money from oversea destinations to our shores helping to develop more jobs.  Also, it has inspired thousands of companies to offer bonuses and pay raises to hundreds of thousands of employees.
  7. Defeating the hell out of ISIS.  They are no longer the “JV” team as they are no team at the present time.
  8. And, they have the economy growing at a rate of 2.6 % instead of what we were told to get used to, a rate of 1 to 1.5 %.

The “stock market ” is on fire and everyone’s 401-Ks are up. Yes, even you Trump haters retirement accounts are on the rise.  Please “liberals” review this info and then do a little research on your own. Be “brutally honest” and use some “COMMON SENSE” and you will have to admit that even though we all dislike how he might handle some situations–we have to also admit he is doing a “pretty handsome” job on the economy, foreign affairs and JOBS, JOBS, JOBS. And, there is a good chance that he might get this immigration mess fixed.  Border wall, border security, visa lottery, chain migration and ANCHOR BABIES. Yes sir, Trump, keep on keeping on!!!!!

Just for grins:

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The Real Truth About the Demise of the Economy and Who Was at Fault!

Why did things go so bad at the end of Bush’s term?

The day the Democrats “took over” was not January 2009; it was actually January 2007. That is when the Democratic party took over the House of Representatives and the Senate, at the very start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995. (Americans messed up!)

For those of you who are listening to the fallacy that everything is “Bush’s Fault”, think about this:

January 3, 2007  was the day the Dems took over the Senate and the Congress. At that time: The DOW Jones closed at 12,621.77. The GDP for the previous quarter was 3.5% and the unemployment was 4.6%.  And, George Bush’s economic policies had set a record of 52 straight months of job growth. These are facts…Dems read ’em and weep or maybe learn from your mistakes. (I don’t think you will because you are still singing the same tune today.)

Remember that Day….

January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.

The economic meltdown that happened 15 months later was in what part of the economy? Banking and Financial Services.

Unemployment…adding to this Crisis (among many other things) was the dumping of 5 to 6 Trillion Dollars of toxic loans on the economy from Fannie and Freddie fiascos!

Bush asked Congress 17 TIMES to stop Fannie and Freddie, starting in 2001 because it was financially risky for the U S Economy.

And who took the THIRD highest pay-off from Fannie and Freddie?  OBAMA

And who fought against reform of Fannie and Freddie? The DEMOCRATIC CONGRESS.

So when someone tries to blame Bush…..

Remember January 3rd, 2007 as THE DAY THE DEMOCRATS TOOK OVER!

Budgets do not come from the White House. They come from Congress and the party that has controlled Congress (and the budgets) since January 2007 is the Democratic Party. Furthermore, the Democrats controlled the budget process for 2008, 2009, and 2010 and 2011.

In the first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush finally and somewhat belatedly got tough on spending increases. However, in 2009, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barrack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budget.

And where was Barrack Obama during this time?

He was member of that very Congress that passed all of these massive spending bills and he signed the omnibus bill as President to complete the 2009 budget. (By the way, THE LAST BUDGET PASSED BY THIS ADMINISTRATION!!!)

If the Dems inherited any deficit at all, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, the Democrats in Congress had control of spending and the rest is history…HUGE DEFICITS,  AND A CREDIT RATING DOWNGRADE.

If Obama inherited anything, he inherited it from his own Democratic Senators and Representatives led by Harry Reid and Nancy Pelosi. but don’t forget Barney Frank, Chris Dodd, Frank Reams and Jimmy Johnson at Fanny and Freddie.

Common Sense says that you replace the ones theat were at fault– “THE DEMOCRATS’ !!! These are the real facts, forgotten by most, lied about by democrats, but facts are facts.

Public Sector vs. Private Sector

Since the 2008 election, the public sector, or government jobs, has expanded by some 140,000 jobs. That would be a very large company by any standards. It has been published that the average salary for government employees is $77,000 and the same job in the private sector is $52,000.  Hmm, Hmm, that is a pretty good spread!

For the sake of this example, let’s say, the public sector is $80,000 and the private sector is $55,000, just to work in round numbers. Here we go:   A.  We hire person “X” in the public sector (gov. job) and we will pay him $80,000; and for the sake of argument, let’s say he is in the 20 percent tax range, which may be high, but let’s say. Under that example the person would pay $16,000 in taxes, leaving a $64,000 drain on the US economy.  B.  Now lets hire that same person “X” in the private sector and we will pay him $55,000, and let’s assume he also is in the same 20 percent tax range, which may be high, but let’s just say. Under this example the person would pay $11,000 in taxes, thereby being a positive in cash flow for the US economy.

Simply by hiring more government employees instead of private sector employees, we go from an $11,000 profit to the Government to a $64,000 liability. That is a $75,000 turn around at the end result. Any idiot can stand on the corner and give money away as the Government is doing; but, it takes some real skill to manage and hire people, produce a product and sell it at a profit. Should I mention here that might be called Common Sense?

It just makes my blood boil to think that we could have an $11,000 asset, but instead opt for a $64,000 liability. Remember, that has been done 140,000 times since President Obama assumed the responsibility for the hiring and firing.

If you aren’t smart enough to follow this, then please break it down to how much money you have in your pocket now vs. back then, and vote accordingly using “Common Sense“.

Disclaimer: This is for example purposes only. My Daddy never claimed to ba a great mathematician, just a common man with Common Sense.

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