Jobs and the campaign

Oy!

Obama likes to talk about the American people seeing “their jobs” sent overseas.

First of all, let’s get this out of the way. American workers are not seeing “their jobs” go overseas. They are seeing their former employer’s jobs going away. The jobs belong to the employers, not to the workers. Workers don’t create jobs, businessmen and women do.

Now we have Barack Obama telling us that Obama is oh so very concerned about jobs. Well, if that’s so, they why is he talking so proudly about his plans to raise taxes on the very people who create and provide those jobs?

Right now about 70% of existing jobs in the American economy are in small businesses. Eighty percent of all new jobs are now being created by small businesses. If we want our economy to turn around we need these small business men and women to do the heavy lifting. These small business owners generally report their business income on their individual income tax returns.  So we have small businesses creating eight out of ten new jobs … and along comes Barack Obama who promises to raise income taxes on these people! This amazing super-human wants to bring back jobs by raising the taxes on the very people we will depend on to create those jobs!

Now Barack Obama knows he’s vulnerable here … so he cranks up the teleprompters and tells the people he is going to cut capital gains taxes on America’s small businesses. Well isn’t that just so very special? The problem is, these small businesses don’t pay capital gains taxes. They pay income taxes … the taxes The Chosen One wants to raise!

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