Everyone seems to have missed 2 major point here when it comes to change. The first is that few Presidents have ever been in such an enviable position as Obama when it comes to actually implementing policies. Clinton and even Bush for instance had to fight tooth and nail get changes passed in both houses- Obama and the Democrats however have a majority in both the Senate & Congress.
The second is equally as important. The younger members of this forum will not obviously remember it but those of my generation will know that it was the all powerful students movements that brought the White House to book during the Vietnam war and we haven't seen such protests on such a scale since.
That is until this last election when inspired by Obama some 25 million streetwise youngsters to use their vote. That is a powerful army who don't want wars. They know too that the future is theirs and where the White House used to be full of small self-interest lobbyists I rather suspect that Obama and his team with be taking just as much notice of what is on the Internet and sites like face book.
Who can doubt then that Obama has the ultimate mandate when it comes to making changes and when it comes to those on the worldwide stage he has already proved himself somewhat of a genius at diplomacy by appointing a chief of staff with a Jewish heritage while at the same time insisting that he Barry Hussain Obama is prepared to sit down and talk to the Muslim Afghans without any pre-conditions.
I'll settle for that. After all what we got. A conservative party leader who must have piles after riding that bike of his trying to prove that he is green and a miserable git of a prime minister called Gordon Brown. Sounds a bit like that movie doesn't it except I don't remember a Mr Pink and yet Mr Browns right hand man is Mandy of course. Rob
**Genius stroke number two - and remember Old Eagle Eye saw it coming first. To date Germany have refused to send any troops to Irag. Expect an announcement soon that Germany will now make such a commitment following Obama's visit. After that it is a breeze to pull the USA out and replace with a much tougher United Nations force.
The second is equally as important. The younger members of this forum will not obviously remember it but those of my generation will know that it was the all powerful students movements that brought the White House to book during the Vietnam war and we haven't seen such protests on such a scale since.
That is until this last election when inspired by Obama some 25 million streetwise youngsters to use their vote. That is a powerful army who don't want wars. They know too that the future is theirs and where the White House used to be full of small self-interest lobbyists I rather suspect that Obama and his team with be taking just as much notice of what is on the Internet and sites like face book.
Who can doubt then that Obama has the ultimate mandate when it comes to making changes and when it comes to those on the worldwide stage he has already proved himself somewhat of a genius at diplomacy by appointing a chief of staff with a Jewish heritage while at the same time insisting that he Barry Hussain Obama is prepared to sit down and talk to the Muslim Afghans without any pre-conditions.
I'll settle for that. After all what we got. A conservative party leader who must have piles after riding that bike of his trying to prove that he is green and a miserable git of a prime minister called Gordon Brown. Sounds a bit like that movie doesn't it except I don't remember a Mr Pink and yet Mr Browns right hand man is Mandy of course. Rob
**Genius stroke number two - and remember Old Eagle Eye saw it coming first. To date Germany have refused to send any troops to Irag. Expect an announcement soon that Germany will now make such a commitment following Obama's visit. After that it is a breeze to pull the USA out and replace with a much tougher United Nations force.
Upvote
0
K
Kernelpower_Ltd
monster corporations and old banking / oil money rules the world , this president will do exactly what he is told to do , it has been this way for many years.
Peace in the MIddle East/ an end to horrible wars , the US is a war nation , it seems to try and sort its own problems out on other peoples turf, I hope Obama pulls the troops out but at the end of the day it really doesnt matter if he wants in or out of Iraq because he doesnt have the power to make these decisions.
Peace in the MIddle East/ an end to horrible wars , the US is a war nation , it seems to try and sort its own problems out on other peoples turf, I hope Obama pulls the troops out but at the end of the day it really doesnt matter if he wants in or out of Iraq because he doesnt have the power to make these decisions.
Upvote
0
E
Esk247
the problem with iraq is that america is running out of money to fund it...at the start of the bush administration (second bush) the account was at '0' with regards to over spending (or something along those lines, i can't remember what the official term is) its now reached nearly £500 billion and is tipped to reach 1 trillion over the Clinton administration's final total of expenditure.
the americans are war weary...they have finally experienced another vietnam...iraq is a giant country, millions of inhabitants, thousands of insurgents. they are getting better armed, better trained and even more dynamic in attacking coalition forces.
the youth generation want out...they see obama as the change....he's an inspirational leader and that is exactly what young and black americans need right now..after the tsunami...after afghanistan and iraq.
remember that he is not surrounding himself with gulf war veterans like the bush administration! i'm still not 100% sure he can do anything at all but on first impressions he appears to be less error prone, less likely to trip over or walk in to a closed door. he can restore some kind of normality and he can reach out to different minorities where bush over the last 8 years has totally and utterly failed.
the americans are war weary...they have finally experienced another vietnam...iraq is a giant country, millions of inhabitants, thousands of insurgents. they are getting better armed, better trained and even more dynamic in attacking coalition forces.
the youth generation want out...they see obama as the change....he's an inspirational leader and that is exactly what young and black americans need right now..after the tsunami...after afghanistan and iraq.
remember that he is not surrounding himself with gulf war veterans like the bush administration! i'm still not 100% sure he can do anything at all but on first impressions he appears to be less error prone, less likely to trip over or walk in to a closed door. he can restore some kind of normality and he can reach out to different minorities where bush over the last 8 years has totally and utterly failed.
Upvote
0
E
Esk247
also to note that america has done what it should never have done...it's used 1st world war tactics in the 21st century field of war.
america's capability lies in its warships, aircraft and tanks...not its individual soldiers that are fighting in iraq and afghanistan.
america had the capability to crush any nation if it so desires...its nuclear submarines sit at the bottom of every ocean and it can obliterate half the globe if required. it has chosen not to.
america's capability lies in its warships, aircraft and tanks...not its individual soldiers that are fighting in iraq and afghanistan.
america had the capability to crush any nation if it so desires...its nuclear submarines sit at the bottom of every ocean and it can obliterate half the globe if required. it has chosen not to.
Upvote
0
D
Dawg
Yo Jimminey! Has that writer got ishooes. Seems to be against, in this order, loosely: Obama as an alien, Africans, Protestants and atheists voting for Muslim-turned-radical Christians, (yer wha?), Iraq and Afghanistan, immigrants, (barbarians), Jewish anti Semites, foreigners to 'American values', President Rooseveldt, cosmopolitans, education, Wall Street, radicals, thugs, (well natch really), Russians, and some I may have missed.
It's nice to hear a finely reasoned argument from a quick and incisive intelligence. That ain't one of them.
Waiter! Another large plate of chips for my friends other shoulder please!
Upvote
0
It depends because there are both a federal and state tax component. On average, the business tax is very high - 39.3% - second only to Japan's rate of 39.5%. Once Mr. Obama assumes power, this rate will increase for sure. As I mentioned before, the tax is on revenue, although qualified expenses can be deducted from that total (this is not the same as saying the tax is on profits).
As for personal taxes, they too consist of federal and state taxes. In Georgia, the state tax is about 5%. The bigger component is federal income tax, which is in bands and depends on whether you're single or married. Let me quote the limits for married people who file separately (I took these from Wikipedia):
- Up to $8,000, the rate is 10%
- Up to $32,000, the rate is 15%
- Up to $68,000, the rate is 25%
- Up to $104,000, the rate is 28%
- Up to $186,000, the rate is 33%
- Above $186,000, the rate is 35%
Your taxable total depends on several things, not your gross pay. For example, you can contribute tax-free to a retirement policy; parents can deduct a sizable allowance for each child; homeowners can deduct mortgage interest; and charitable contributions can be deducted too. These things are taken off before you calculate interest.
President Bush introduced some significant tax cuts at the beginning of his eight years. Unfortunately, the Congress insisted they have an expiration date, so there will be a significant tax increase shortly - although the government can get away with saying it's not actually an increase.
Upvote
0
The old fashioned Republican ideal of smaller government has something to be said for it, unfortunately that never ever happens.
What actually happens is that government gets bigger whilst taxes are cut to deliver on the promise. This leads to massive borrowing - which ends in tears about five years later. It's also a very unusal economy that is able to cut taxes then go to war - it was cloud cuckoo land; silly, childish, sloganising stuff.
Regardless who got elected, US taxes were going to increase to pay for the wars and the bail outs.
What actually happens is that government gets bigger whilst taxes are cut to deliver on the promise. This leads to massive borrowing - which ends in tears about five years later. It's also a very unusal economy that is able to cut taxes then go to war - it was cloud cuckoo land; silly, childish, sloganising stuff.
Regardless who got elected, US taxes were going to increase to pay for the wars and the bail outs.
Upvote
0
The bailouts are a complete farce right now. Even subsidiaries of foreign companies are lining up for them. GM and Ford are begging, instead of taking the tough management decisions needed to survive a changing world. Now the unions feel empowered, there will be even more begging to government instead of good management.
You're right that President Bush increased public spending at an alarming rate. Some of the examples of 'pork' hidden in spending bills are disgusting. And no one has had the political courage to address run-away spending. The only president in recent history to do it was Ronald Reagan. Sadly, the amount of government spending is about to sky-rocket.
Upvote
0
Latest Articles
-
What Carphone Warehouse, Microsoft and Uber Have in Common: They Started in a DownturnThere's a comforting myth that you need a booming economy to start...- Ozzy
- Updated:
-
What Makes a Small Business Actually Sellable?There's a question that a lot of small business owners never think to...
- Ozzy
- Updated:
-
Why Your Team Keeps Asking the Same Questions (And What to Actually Do About It)Every small business owner knows the moment. You're halfway through...
- Ozzy
- Updated:
-
At What Point Do Courier Losses Just Become a Cost of Doing Business?If you sell physical products online, you already know the feeling. You...
- Ozzy
- Updated:
-
What I Wish I'd Known Before Using AI in My BusinessSomewhere between the headlines promising AI will transform everything...
- Ozzy
- Updated:
