Senate OKs tax break for car buyers
The 71-26 vote came as President Barack Obama said he lies awake nights worrying about the economy, and signaled opposition to congressional attempts to insert "buy American" provisions into the legislation.
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“I am listening.......”
Since: Jun 08
#1 Feb 4, 2009
"The 71-26 vote came as President Barack Obama said he lies awake nights worrying about the economy, and signaled opposition to congressional attempts to insert “buy American” provisions into the legislation." lol
They really don't understand how an economy works and that is the problem that SHOULD keep him up at night.
1. Prior to deciding what you are willing to spend on the economy, abortions for foreign countries, etc......calculate what is expected to be received in revenue and from what source.j
2. Consumer are smarter than you. Even at their worst..........they won't plan to buy a car when they are un- or under=employed regardless of tax laws. They recognize that an automobile isn't an investment. It will depreciate the moment it's tires hit the ground.
3. In capitalism, the consumer will buy the most quality product at the least expensive price. Fill their need and no tax incentives are necessary. This, of coursee, isn't a function of the government.
YOU ARE IN THE WRONG SEGMENT OF CONSUMER SPENDING.
It's real estate, Saxby. Move the real estate and everything else will fall into place.
#2 Feb 4, 2009
obama lies awake worrying about the economy because he doesn't have a clue how to fix it. So far, he's doing everything wrong. America needs products and services that will sell for a profit. That's what creates jobs and national wealth. Social programs don't produce anything. No products, no services, no wealth, nothing but government debts.
China is kicking our butts by copying the industrial model that made America the richest country on earth. Cheap energy, efficient labor, low taxes, few government restrictions on business.
America no longer has cheap energy due to government regulations and government taxes.
America no longer has efficient labor due to government regulations like affirmative action, OSHA, workmen's comp, unemployment comp.
America taxes industry on every piece of equipment, every inch of real estate, taxes every employee, and every dime of profits.
obama will fix none of this!
#3 Feb 5, 2009
Pelosi and obama. A tag team of losers!
Since: Feb 09
#4 Feb 5, 2009
Is this for any car or American cars. This is to help our economy right?
Tos solve our problems you need to give businesses a large tax break, drill for oil, and have a stimulus package for 400 billon dollar for infrastructure only. Also, have welfare become a hand up, not a hand out, and finally GET RID OF THE ILLEGAL aileans wich are bleeding (look at California) this economy dry.
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