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Topic: Private Sector Troubled,
Bailing Out After Obama Win |
Private Sector Troubled,
Bailing Out After Obama Win
Investor´s Business Daily, by Editorial
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Original Article
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Posted By:PageTurner, 11/13/2012 4:21:34 PM
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| Free Enterprise: The left has had its fun with the hapless teenager who tweeted her desire to move to Australia after President Obama was re-elected. But the reality is, the private sector isn´t doing fine. Sure, it was a barrel of laughs to ridicule 18-year-old Kristen Neel, who expressed her displeasure with President Obama´s re-election on her Twitter account: "I´m moving to Australia because their president is Christian and actually supports what he says." Technically, Neel was wrong because Australia is now led by a left-leaning female, Prime Minister Julia Gillard.
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Comments:
Voting with its feet.
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Reply 1 - Posted by:
Mr. Know-It-All, 11/13/2012 4:27:56 PM (No. 9012005)
Unexpectedly.
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Reply 2 - Posted by:
RancherJack, 11/13/2012 4:30:41 PM (No. 9012009)
A group of business men I was part of - we were ready to sign to build a high tech state of the art gun range and training facility - we were only waiting to be assured Obama was out, and Romney in.
The Day After all but two of us pulled out.
22 jobs gone. $4 million in investment dead in the water. Etc.
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Reply 3 - Posted by:
bobgray2, 11/13/2012 4:36:03 PM (No. 9012023)
Australia is still not as socialist as the US has become, so more power to her. My daughter is already planning to escape as soon as she graduates, and I can´t blame her. She and the rest of the young people have had no say in the amount of debt that they are going to find themselves responsible for. I am leaning toward Uruguay myself.
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Reply 4 - Posted by:
thethirdruffian, 11/13/2012 4:46:04 PM (No. 9012050)
I own a small business with 49 employees.
Our insurance rates went up 30% because of ObamaCare. I am passing 100% of the cost to my employees in a line-item.
It will probably go up 100% in 2014. Same thing.
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Reply 5 - Posted by:
navybrat, 11/13/2012 5:20:52 PM (No. 9012124)
I cannot relocate. Instead I am cutting back everywhere I can. I am trashing all the Christmas catalogs from blue states that I receive, goodby LL Bean. I am letting my subscription to home decorating magazines drop. The home office and editors are in New York, they have offices in Detroit and on the west coast. They are distributed from Iowa, another blue state. It may not hurt them but at least they will not have my money.
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Reply 6 - Posted by:
penelopewaits, 11/13/2012 6:35:32 PM (No. 9012273)
Seems like a gun range and training facility would do very well in the post-election climate.
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Reply 7 - Posted by:
nonsense, 11/13/2012 7:34:38 PM (No. 9012383)
It´s the Obama/ValJar/Axelclod economy. It´s exactly what the communists wanted. Government control of a failed country. No golden goose, just a helicopter Ben printing shop.
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Reply 8 - Posted by:
The Advocate, 11/13/2012 7:40:11 PM (No. 9012396)
Obama held off signing FTA with Columbia and American business lost markets share after our pouring 10 b into Columbia to defeat FARC.
Caterpillar was especially hard hit.
Obama doesn´t care about middle class whites- look at Staten Island firefighters and police,- the people that make NYC work.
Australia has hard core Labour- not a great alternative.
They have lost their manufacturing base and are in danger of being a resource pit for China.
A weak US endangers them,as,well as us.
Interesting that hillary is innAdelaide- home to premium Australian wines and corruption.
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Reply 9 - Posted by:
xcenturion, 11/13/2012 7:57:34 PM (No. 9012430)
We must now face the reality that Obamacare is here to stay. In order to offset the costs associated with the mandated healthcare law I plan on laying off at least 20% of my workforce in the next year. Additionally now that California is raising the sales tax an additional.25% I am forced to consider moving my business to a more business friendly environment.
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Reply 10 - Posted by:
JHHolliday, 11/13/2012 8:46:43 PM (No. 9012499)
I agree #5. I like LL Bean but they are gone. So is Orvis, etc. Tell them why when you go. Tell them you have little money and what you do have is going to your local businesses. Even shop Walmart in your hometown...at least they hire your neighbors. They also have low prices and the left hates them. Good enough for me.
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Reply 11 - Posted by:
old dog, 11/13/2012 9:06:37 PM (No. 9012521)
how was that old song "get the money and run"! gotta love them wall streeters they sure love the good old USA!
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