Thanks a heap, Mr. President. You and your anti-business party are really tops at prolonging this recession. My 401K pension was almost back to where it was before last year’s big plunge. Then you had to go and take swipes at the banking industry and Wall Street while your tax plans remain uncertain. Now our 401ks are headed for the cellar again. And you wonder why you’re losing independent voters. Duh.
Via Instapundit.
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Posted in Obamalot
Tagged 401K pensions, anti-business, Obama, Obamalot
Thomas Sowell wonders if facts are obsolete in Democrat politics? Afterall, Baby Barry’s current popularity seems dependent on such old "change" mantras as raising capital gains taxes to make the privileged pay more so government can spend more. But teachers, nurses and mechanics are among the almost half of Americans whose 401K pension income programs depend on involve stocks, and they will take the hit along with the wealthy.
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Posted in Scribbles
Tagged 401K pensions, capital gains taxes, Obama, Thomas Sowell
THE TEXAS SCRIBBLER 