www.obamasucks.tv

"And it's not surprising then they get bitter, they cling to guns or religion or antipathy to people

who aren't like them or anti-immigrant sentiment or anti-trade sentiment

as a way to explain their frustrations."

-- Barack Obama, April 2, 2008





Understanding "jobs created" and generational theft - for lawyers


When someone steals a $100 piece of junk from Walmart that has a 10% profit mark up, that person has stolen $90 worth of material stock and $10 of profit. To break even, Walmart now has to sell nine more of that product to cover just the loss of the stock, with overhead and such, it really is ten more items. So, for every item stolen, 10 more have to be sold to just break even on the stolen item. Those costs (shrinkage in industry terms) are passed directly back to the consumer in higher prices.


It works the same way when you hear a Congress man such as Hank Johnson (Democrat GA District 4 - Decatur - Stone Mountain ) or Obama brag about all the jobs created, when they are jobs paid for by taxpayers, so it is actually NEGATIVE job creation.


I created a job using profits


When someone begs me for a job and to work with me, and then I decide to pay them out of my own profits and labor, even though I am dirt poor myself, and to take my profit and give it to them instead, like I did this summer, that is job creation. They did not have a job, so I took my personal money, gave it to them to perform a task, so I created a job. When I should have kept it for myself.


Negative job growth results when jobs are paid for with taxes


If a public employee (police officer as an example) is paid $50,000 a year in wages and benefits, and you collect $2,000 in taxes from each WORKING state resident, you have to collect taxes from twenty five people to pay for that one job ($50,000 divided by $2,000 of taxes).


This is negative job growth because if you created a job from business profit instead, you would have added a tax payer to that pool of state revenue for vital services. +1


When you create a public service job, you actually remove twenty five tax payers from that pool of state revenue for vital services. -25


When you keep doing this, you run out of enough tax payers to support the government jobs you have created. Sooner or later, you have more Chiefs then Indians, so there is no one left to fight or earn, only people to tell you what to do.


When this happens you run a deficit. If you borrow money (from China) to pay for the budget and then use the borrowed money (Stimulus) to extend and create more public supported jobs, you have made the situation worse.


BECAUSE you have not added a new tax payer to help pay for the BUDGET, you have done worse, for every public employee added, you have taken 25 more tax payers from the existing pool, that pays for the government you already have, that you already can not pay for.


Then you tax the people more that create jobs, so they have less money to spend to create a job. Then unemployment rises because that rich person you keep taxing more looks into their wallet and says "I have to save money for my own family", I can get by doing more stuff myself.


This is when unemployment really rises, because most of the jobs are created by small businesses that can decide to not hire and can do the work themselves or work longer hours unpaid. Or have their children and relatives do the same. To then make it worse the government creates more public jobs, removing even more tax payers from the pool that pays in to support government. Business owners see this, get more worried, and decide not to expand or compete harder and to take risks, just to "hold the fort", this creates even more job losses.


Then those "rich" folks, small business owners that make $250,000+ a year, then decide they can get by without buying that new car with cash, or that new boat, or that newly constructed house. That maybe they should invest their money in inflation proof things such as gold or to buy assets overseas where it will not be taxed. So, all the poor people that might have created that car, that boat, or washed it, or fixed it, are now out of jobs.


Simple math for elected lawyers


Obama has now created more Federal jobs then any other president in history. I am going to round these figures out to make the math simple.


2.5 million federal employees that make on average $75,000 a year = $187,500,000,000


$187,500,000,000 divided by $5,000 worth of Federal income taxes means you removed 37,500,000 tax payers from the tax income pool. Or roughly 1/5 - 1/6 of the total.


But, it gets worse. Why? Because they used the "stimulus" funds to prop up existing public jobs and worse to create new jobs at the state and local city level. Using the "stimulus" funds they were able to infect at the local level, the same thing killing the country at the Federal level. QUISLINGS !


Generational Theft


Margret Thatcher, the former Prime Minister (president) of Britain (our home country) said this "The problem with socialism is that you eventually run out of other people's money. "


This is why the government, running socialist programs coupled with immoral and insane spending, has run out of money and why we are borrowing money to prop up the government and selling our grand children's future, for our own short term comfort.


By leaving them a debt that can never be paid off, without God's help. This is generational theft that the people that founded our country warned against, directly.


So, when your local quisling brags about all the pork they have taken home for you to eat, remember God's health laws to prevent you from being poisoned within by not eating swine, and remember you are leaving your unborn (if they are not aborted) grand children a debt that can not be paid off. When you die and your children are sold into virtual or real slavery, coupled with living the rest of their lives at a lower standard of living that you enjoyed, they will have you to thank for their misery.


So, when your local Census worker comes to your door, with hidden homosexual messages in the "art work" (click here)


think about how much you are sticking up your own kid's bum, by allowing the government to waste your money and to borrow against God's good instruction, because you are screwing them good.


So, the real question to ask yourself, are you going to be a incestuous Sodomite and Quisling or are you going to turn back to God, the Bible, and the Constitution, and fight for your children's future instead?



www.obamasucks.tv


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"There are two ways

to conquer

and enslave a nation.

One is by the sword.

The other is by debt"

President John Adams


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Last updated 2010-01-26a

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