- Barack Obama’s tax increases and protectionism would put the economy at high risk of a deep recession.
- Barack Obama will increase government spending by 1.2 trillion dollars in 4 years.
- Barack Obama will raise taxes on small businesses.
- Barack Obama will raise capital gains taxes.
- Barack Obama will raise dividend taxes.
- Barack Obama will eliminate private health insurance and put government in charge of your health care.
- Barack Obama was 10 months behind John McCain in warning about Fannie Mae and Freddie Mac.
- Barack Obama did not support legislation that would have prevented the credit crisis.
- Barack Obama will increase the federal budget deficit.
- Barack Obama will unilaterally withdraw from NAFTA.
- Barack Obama will raise gas prices with his “higher taxes on oil.“
- Barack Obama will “virtually guarantee that every company becomes unionized.”
- Barack Obama gave $800,000 to a group that pressured banks to make subprime mortgages.
- Barack Obama will fix Social Security by raising payroll taxes.
- Barack Obama will implement prescription drug price caps that will reduce money for drug research.
- Barack Obama will make mortgages more expensive by allowing bankruptcy courts to renegotiate mortgages.
- Barack Obama will increase energy prices by placing limits on carbon emissions without the approval of congress.
- Barack Obama will “increase the disincentive for work” for higher income Americans by increasing their income taxes.
- Barack Obama’s “refundable tax credits will raise the share of those making no contribution to the funding of general government to 48% from 38%.”
- Barack Obama will increase the minimum wage which will reduce the employment of the least skilled.
- Barack Obama will give an average of $2,000 to over 10 million people who pay zero federal taxes.
- Barack Obama appointed as his White House chief of staff a person who was responsible for overseeing Freddie Mac when Freddie Mac deliberately “misrepresented” it’s income which lead to pressure from the government to justify it’s implicit backing of Freddie’s debt which caused Freddie to increase it’s purchase of subprime mortgages which lead to the credit crisis which is responsible for the negative economic growth which is the main reason Barack Obama was elected president.
- Barack Obama will stop oil and gas drilling on 350,000 acres in Utah, therby putting upward pressure on energy prices.
- Barack Obama will bailout Detroit automobile manufacturers with at least $50 billion of taxpayers money.
- Barack Obama will waste 150 billion dollars of other people’s money on ineffective efforts to stop global warming.
Economic Reasons To Vote Against Barack Obama
October 11th, 2008 | Barack Obama
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