Paul Ryan: Class Warfare - Effective Politics, Bad Economics

Last night we wrote about how the White House and Democrats in general are purposely pursuing policies which will kill jobs by raising taxes on small business owners. Congressman Paul Ryan explains on CNBC that not only are the Democrats raising taxes on job creators, they are being very nuanced with the facts  - inaccurately explaining that the tax increases will not kill jobs.

You see Democrats will tell you that only 2% of filers are affected by the tax increases - but what they don't say is it is half the income of small business will be hit with this tax increase! You see, the way the tax rules are set up, if you sell something on eBay and report it, you are considered a small business. That is why this argument is so divisive and why many on the left are able to twist the facts to their advanatage - knowing full well, they will be killing US jobs by raising taxes on small business owners.



While we attributed what the Democrats are doing to purposely killing jobs to increase government dependency - since government dependents generally vote Democrat. Congressman Ryan takes a slightly different view when saying, "Class warfare is effective politics because it prays into the emotions of fear and envy, but its really bad economics."

During the healtchcare debate where the White House said they would be trying to work with Republicans, Congressman Ryan explained to President Obama that the American people don't want Obamacare in its present form and he went on to say that Obama was not listening to the people. He went on to make suggestions about how to improve the plan. Obama's response was not to incorporate the ideas but instead to say, "That's what elections are for."

This turned out to be one of the most accurate predictions of the year as American citizens used the election to quite clearly tell Obama, Pelosi and Reid that their policies are way too far to the left.
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