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Obama 2nd term! Be careful what you wish for ...

It's the economy stupid in Obama Second term!

President Obama just reclaimed a narrow victory over Mitt Romney to get his second term. Just 2 million votes separated the candidates in the entire nation. But in Obama 1st term in a bad economy he wasted too much, focus too little on the economy & jobs and that decision will cost him and the country dearly in his second term. 

Businesses have now read the tea leaves and decided overwhelmingly that the United States is now a bad investment. Conservative Michelle Milkin warned in a recent column prior to the election that the LAYOFF BOMB would explode if Obama got a second term. Business has been put in a position where Growth was a bad idea. This over bearing administration taxed, regulated and demonized business. The Layoff Bomb has went off.

Heres a list of companies who have just announced significant lay offs in the past 48 hours:

Westinghouse,

Research in Motion,

Boeing, US Cellular,

Commerzbank,

Iberia,

ING,

Ericsson,

Bristol-Myers,

corning,

Boston Scientific,

Abbott Labs,

St. Jude, 

Caterpillar,

CVPH Medical Center,

Lightyear

Hawker Beechcraft

Energizer

The list will grow because of Obama's anti business Politics do not help expand the economy and revenues. So incomes cant grow and jobs shrink. GDP  is clearly sputtering and we are heading backwards not Forwards. I voted for Mitt Romney because the only way to save america is to reign in spending and GROW GDP so that revenues inheritly expand. There is no better program in this country than a Job , but that appears to be the only Program this administration wants to eliminate. 

Be careful what you wish for folks......You might have just cut this nations throat. It will be a long 4 years because when business in mass start withdrawing from the economy . The ship can only sink . We cant tax and spend are way out of this one . We are already to far behind the 8 ball and are credit rating will be lowered again . I truly hope President Obama will Pivot to embrace Capitalism , but I just dont think he gets it . I know his supporters dont get it . Thats bad news for us all. 

God bless the United States of America ....we're going to need that more than ever!

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The Anti-Alinsky November 12, 2012 at 02:57 AM
The Real Randy1949 wrote: "...Or maybe, just maybe, our high standard of living had something to do with the fact that we had an entire continent with almost untouched natural resources to exploit..." No, business owners are just smarter than you give them credit for. The Real Randy1949 wrote: "... Do we want to head back to the system that most of us left Europe to avoid?..." You, B.O., and the other Liberals have all been pushing the Socialist system MANY Americans came over to avoid.
skinnyDUDE November 12, 2012 at 04:54 AM
@ Craig . Obama is like the know it all we all knew at work. He has a high opinion of himself.. But when you match up his skill set with the job results. He has failed the economy miserably. I suspect that will continue as he likely will continue his extreme left wing agenda which will only further kill the economy, jobs and revenues. I truly hope I am wrong, but I am bearish on the economy. It dont take a rocket scientist to figure out Business is retreating from this economy. Survival Mode is not growth. Its a very bad sign. We need the economy to grow about 3% a year no matter who is President if we expect to turn this around. I am not holding my breathe . GDP is declining from last year to this year. So a smaller economy with less jobs and lowered revenues is the reality. I hope It turns around but that would take a HUGE pivot from the President to address the reality over his death spiral agenda.
Luke November 12, 2012 at 05:50 AM
@skinnyDUDE It was either Bob M. or Jay S. that rightly mentioned that the average person has yet to understand what the affect of ObamaCare will be. Only the largest businesses understood a year ago, and the smaller ones understood only recently, if at all. As planned by the Administration, it was $5,000 more than anyone understood. The cost will grow and grow as business take the only way out in order to be competitive.
The Anti-Alinsky November 12, 2012 at 08:15 PM
Randy (the real one), Bren, Lyle, Tao, Billy and Johnny, Can we at least agree that from this point in time, Barack Obama owns this economy, that he can no longer blame Bush43 for things that go wrong?
skinnyDUDE November 14, 2012 at 05:54 AM
Obama owns this economy as his solution was the Failed Stimulus, greater regulation, higher taxes and a crippling energy policy. I would not bet against American Ingenuity but it doesn't take a Rocket Scientist to see the economy is heading in the wrong direction because of Obama's Awful mismanagement.

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