In an interview with Investor’s Business Daily (IBD), Marcus blasted Obama and his policies, saying “even brain-dead economists understand that when you raise taxes, you cost jobs.”
IBD: If you could sit down with Obama and talk to him about job creation, what would you say?
Marcus: I‘m not sure Obama would understand anything that I’d say, because he’s never really worked a day outside the political or legal area. He doesn’t know how to make a payroll, he doesn’t understand the problems businesses face. I would try to explain that the plight of the businessman is very reactive to Washington. As Washington piles on regulations and mandates, the impact is tremendous. I don‘t think he’s a bad guy. I just think he has no knowledge of this.
I know that most liberals on here won't understand this thread. But when one of the most successful companies in the country says that taxes WILL cost jobs, you still want to believe a community organizor who has never run any business or balanced any budget, knows what is best for you. :bash :bash
The Viking wrote: In an interview with Investor’s Business Daily (IBD), Marcus blasted Obama and his policies, saying “even brain-dead economists understand that when you raise taxes, you cost jobs.”
IBD: If you could sit down with Obama and talk to him about job creation, what would you say?
Marcus: I‘m not sure Obama would understand anything that I’d say, because he’s never really worked a day outside the political or legal area. He doesn’t know how to make a payroll, he doesn’t understand the problems businesses face. I would try to explain that the plight of the businessman is very reactive to Washington. As Washington piles on regulations and mandates, the impact is tremendous. I don‘t think he’s a bad guy. I just think he has no knowledge of this.
I really don't have time to read the article but exactly what are these "regulations and mandates" -Steve Wynn also referred to this is that video in Mayhem's post-that Marcus is speaking of?
Really nothing new here to those of us who understand common sense and Business.
This quote is very troubling to me if it is true. Can you spell Dictator?
According to him, CEOs are scared to speak out for fear of retaliation:
IBD: Why don’t more businesses speak out?
Marcus: They are frightened to death — frightened that they will have the IRS or SEC on them. In my 50 years in business, I have never seen executives of major companies who were more intimidated by an administration.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
Joe wrote: Really nothing new here to those of us who understand common sense and Business.
This one is very troubling to me if it is true. Can you spell Dictator.
According to him, CEOs are scared to speak out for fear of retaliation:
IBD: Why don’t more businesses speak out?
Marcus: They are frightened to death — frightened that they will have the IRS or SEC on them. In my 50 years in business, I have never seen executives of major companies who were more intimidated by an administration.
Yes that is the EXACT definition of a dictator and when the largest employers in our country start seeing out President like that, there is no where to go but up with unemployment!
http://finance.yahoo.com/blogs/daily-ti ... 28219.html
And in other uplifting economic news:
Mass layoffs are making a comeback
Oil near 100 again
No debt ceiling deal yet
State and local governments laying off workers
GDP growth being revised down
I don't know about anyone else, but I am pretty optimistic about hope and change!
Putting pressure on an already lousy job market, the mass layoff is making a comeback. In the past week, Cisco, Lockheed Martin and Borders announced a combined 23,000 in job cuts.
If these trends continue, we may soon be talking about losses in the monthly employment data -- not just disappointing growth