Tuesday, 23 April 2013

Why does anyone vote for either of the two joker parties?


99% of the population are worse off under both the Democrats and the Republicans. 
Only the top 0.1% have been doing well in the last 12 years. 

And yet people still voted for these jokers in their millions. 
It's quite incredible when you step back and think about it. 

Incredible in it's most literal sense. 
As in it is absolutely ******* unbelievable. 

About 120 million people voted for one of the 2 joker parties. 
Over 90 million people could see there was no difference between them and didn't bother to vote. 
About 1 million people voted for someone else to try and make a difference. 

And things are about to get even worse.
There is a major and prolonged recession coming, starting in 3rd Qtr 2013. 
And it wouldn't matter one iota which party is in power - both parties have almost the exact same economic policies and both will end up in exactly the same place. 
Everybody is going to be worse off, real unemployment will rise, tax receipts will decline, the number of bankruptcies of small businesses will increase. 

See this :-
http://ian56.blogspot.co.uk/2013/03/cbo-projections-of-future-gdp-growth.html 

By 2020 spending is projected to be $5tn a year. 
The deficit will be well over $2tn. 

By 2023 spending is projected to be nearly $6tn a year. 
The deficit will be well over $3tn a year. 
The National Debt will be over $40tn. 

The CBO numbers are assuming that GDP growth will be 3.5% from 2014 onwards. 
Even during the boom period 1950 to 2000 average growth was only 3.3%. 
Since 2001 GDP growth has averaged just under 2%. 
The CBO is assuming growth that is double the most optimistic forecast that there could possibly be. 

But it gets worse. 
Current government and Federal Reserve policies are actually encouraging contraction in the economy. 
Obamacare full implementation - the middle class will be worse off by about $300bn a year.
Fiscal cliff payroll tax hike - middle class worse off by $100bn a year.
Fiscal cliff tax loopholes closures - middle class worse off by $100bn a year
Fed printing - middle class and poor worse off by $100bn+ a year (it might be a lot more)

Then of course there is Europe's worsening recession and the rapid slowdown in the rest of the world's economy.  

If you try and tell me that the Republicans wouldn't implement Obamacare - Romney most certainly would of. 

No comments:

Post a Comment