Tuesday, November 8, 2011

Adam Smith on Taxes





Is this how it is in the USA?








Obama and Seniors

When Obama came into office, for two years he cut the yearly raise on social security checks, which is very small to begin with. It only comes to about $30.00/mo. He said that everyone, across the board, has to help in the recession by cutting back. He also said that since the cost of living hadn't gone up, there would be no cost-of-living raise, which was totally bogus, because every time one went to the grocery store the prices were higher. What contribution was required from the 1% rich? What contributions have they made for the good of this nation in these hard times? I don't see any cutbacks for them.  They just keep getting richer. I'm afraid that Obama doing that lost him the senior vote. Now this year he has re-installed the cost-of-living raise for the social security checks, which will only be about $30.00 more per check on the average. Maybe since it's election time again, he wants to get the seniors back on his side, but I think it's too late.  Obama has only widened the gap between the rich and the poor, which is why people are taking to the streets in protest.  Many seniors are participating in the Occupy Wall Street protests.

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