You should be aware that Romney, Paul Ryan, and other conservatives such as Sarah Palin and Michelle Bachmann and Mia Love keep talking about how this election is critical. In it we choose the destiny of America forever. We either choose to return to a path of freedom and prosperity by limiting government so we can regain a growing economy, or we stay on current course to morph into a socialist state with big government sucking the life-blood out the economy through taxes, which leads to high unemployment and produces a welfare state while Obama gets rid of work requirements for government assistance with already more people added to food stamps and disability than find jobs.
This "47%" issue is precisely why we are at a crossroads, and 75% of CNBC readers agree with Romney about the 47%.
Ann Coulter, being her plain-spoken and instructive self, says it this way:
There's going to come a time, in the not-distant future, when it's 51 percent paying no income tax. And when that happens, the party of big government will never lose another election. America will become indistinguishable from Western European nanny states -- except there will be no America to protect us.As a reminder, all socialist countries share misery equally. It's not sharing prosperity. I've spent time in a country like that, my husband has too, as have many of our friends. If you don't understand that Obama's high spending of taxpayer dollars and high financial burdens on the taxpayers are why our economy is still struggling, then allow me to explain. Economic growth is only created in private industry, if given sufficient freedom from government to grow businesses and jobs and incomes without financial hardships from complying with regulations (Obamacare and 11,237 other new pages of regulations under Obama) and taxes.
The media happen to love the party of big government with all their heart, so from now until the election, no matter what Romney says, they plan to be scandalized.
The government doesn't produce money or add to wealth or grow the economy, because it feeds off of private industry and takes all the money it has from private industry in the form of taxes. The only exception is their money printing press that guarantees inflation and higher costs of living across the board for taxpayers, thanks to QE3 and the earlier QEs. And our government is spending $1T annually more than it takes in for the past five years (no, I don't approve of Bush's high spending either). Meaning that they are not good stewards of our tax dollars and are not careful to spend them wisely.
Thanks, Obama for over $5T more in debt for programs that didn't create jobs and didn't restore the economy or do anything but funnel money to your friends the unions and big donors, some of which went bankrupt like Solyndra; and for growing government at compensation levels completely bloated above the private sector.
No, Obama, government isn't the best entity to choose winners and losers in the business world. That isn't how things work in reality, where markets will eventually decide the fate of any company if taxes don't break them first. What a waste of all of our hard-earned money. Romney, who understands these principles well - having worked in the private sector and cut budgets where necessary to save businesses and created jobs and wealth - has my unwavering support.
The media doesn't tell you these kinds of things. They bury them. They tell you everything is fine when it is not. All of these links in my post today are the conservative news sites' reports about what was hidden by the liberal media at the time or currently.
The future of our country is at stake. Please take your voting responsibilities seriously enough to educate yourselves. Even if you plan to vote Obama, please plan to do so with your eyes wide open. A democracy depends upon the education of its constituents. We have six weeks left before Election Day.