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re: How will Obama's policies affect me as a college student

Posted on 11/7/12 at 11:04 pm to
Posted by djmicrobe
Planet Earth
Member since Jan 2007
4970 posts
Posted on 11/7/12 at 11:04 pm to
If you choose not to have healthcare, you will be "taxed" 4% of your salary. If you make $50,000, then your tax will be $2000. If you choose a healthcare plan, it will cost you much more than $2000.
If his policies cause a recession, then there will be lower gas prices. His policy to not allow the Keystone pipeline to be built from Canada to Nebraska will cause gas prices to be higher. His energy policy that prevents oil companies from drilling in certain locations are preventing the discovery of new oil which causes less supply available which increases fuel prices.
His energy policy that wants to create a CO2 tax on CO2 emissions will cause electricity prices to rise. Thankfully, that policy has not been implemented.
Obama has NO policies that are good for America whether young or old. All of his policies cause prices to rise. He wants tougher regulations except for Too Big To Fail (TBTF) banks.
That's not good. The Frank/Dodd bill punished mid-sized banks, and created an automatic bailout of the TBTF banks if a financial crisis occurs. This bill has an automatic trigger to bail them out. Mid-sized banks can fail with no help.
The same should be true for all banks.
There are NO good policies from Obama, Reid, or Pelosi. They are incapable of getting anything right because they are so anti-life. If one does not get the issue of life correct, then one can not get any issue correct because ALL issues flow from life. Obama is destructive and his policies are destructive because he thinks from a life-destroying perspective.
The solutions our nation needs are a reduction in environmental regulations. That could jump start the economy, but Obama is against that; therefore, jobs won't be created that could be created.
Posted by Bayou Tiger
Member since Nov 2003
3659 posts
Posted on 11/8/12 at 6:06 am to
Good points. Going forward, finance and politics will become increasingly intertwined.

That certainly makes me feel even less equipped to make long-term investment decisions, but hopefully I will get a gauge on the "new normal" over the next couple of years.
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
8976 posts
Posted on 11/8/12 at 8:02 am to
quote:

Obama has NO policies that are good for America whether young or old


I know right, what are half of the college educated Americans and the majority of American's with post graduate education thinking? Can they not see that the "One World Government" people have planned all of this out? Remember, the mind control devices wont affect us so long as we wear our protective devices.


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