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Obamanomics in action

Letter from Granddad:

John is 63 years old and owns his own business. He is a
Life-long Republican and sees his dream of retiring next
Year is now all but gone. With the stock market crashing and
All the new taxes coming his way, John knows he will be
Working for a good number more years.

John has a Granddaughter. Ashley is a recent college grad.
She drives a late model car, wears all the latest fashions,
And also likes going out and eating out a lot. Ashley
Campaigned hard for Obama, and after he won the election she
Made sure her Grandfather (and all other Republican family
Members) received more than an earful on how the world is
Going to be a much better place now that Obama won the election.

Ashley recently found herself short of cash and cannot pay
Her bills, again. As she has done many other times in the
Past, she e-mailed her Grandfather asking for some financial
Help. Here is his reply:


I am replying to your request for more money. Ashley, you
Know I love you dearly and am sympathetic to your financial
Plight. Unfortunately, times have changed. With the election
Of President Obama, your Grandmother and I have had to set
Forth a bold new economic plan of our own....the 'Ashley
Economic Plan'. Let me explain. Your grandmother and I are
Highly productive, wage-earning tax payers. As you know, we
Have lived a comfortable life and in return have forgone
Many things like fancy vacations, luxury cars, etc. We have
Worked hard and were looking forward to retiring soon. But
This plan has changed. Your president is significantly
Raising our personal and business taxes. He says it is so he
Can give our hard earned money to other people. Do you know
What this means, Ashley? It means less income for us. Less
Income means we must cut back on many business and personal
Expenditures. One example is, we were forced to let go of
Our receptionist today. You know her. She always gave you
Candy when you visited my office. Did you know she worked
For us for the past 18 years? I can't afford her anymore.

That is a taste of the business side. Some personal economic
Affects of Obama's new taxation policies include none other
Than you. You know very well that over the years your
Grandmother and I have given you thousands of dollars in
Cash, tuition assistance, food, housing, clothing, gifts,
Etc., etc. By your vote, you have chosen another family over
Ours for help. Judging from your Email requesting more
Money, I recommend you call 202-456-1111. That is the direct
Telephone number for the White House. You yourself
Repeatedly told me I was foolish vote Republican. You said
Mr. Obama is going to be the people's president and is going
To help every American live a better life. Based upon
Everything you have told me and things we heard from him as
He campaigned, I am sure Mr. Obama will be happy to send a
Check or transfer money into your checking account. Have him
Call me for the transaction and account numbers, which by
Now I know by heart.

Perhaps you now can understand what I have been saying for
All my life: those who vote for the president should
Consider what the impact of an election will be on the
Nation as a whole, and not just be concerned with what they
Can get for themselves (welfare, etc.). What Obama voters
Don't seem to realize is all of the "government's" money he
Is 'redistributing' to illegal aliens and non-taxpaying
Americans (deemed "less fortunate") comes from tax money
Collected from income tax-paying families. Remember how you
Told me, "Only the richest of the rich will be affected"?
Guess what, honey? Because of our business, your Grandmother
And I are now considered to be the richest of the rich. On
Paper, it might look that way. But in the real world, we are
Far from it. But, as you said while campaigning for Obama,
Some people will have to carry more of the burden so all of
America can prosper.. You understand what that means, right?
It means that raising taxes on productive people results in
Them having less money. Less money for everything, including

Congratulations on your choice for "change". For future
Reference, I encourage you to attempt to add up the total
Value of the gifts and money you've received from us over
The years, and compare it to what you expect to get over the
Next four years from Mr. Obama.

Remember, we love you dearly... But from now on you'll need
To call the number referenced above when you need help.

Good luck, sweetheart.

PS: How was your recent trip to Jamaica ? I have never been
there but I hear it is lovely this time of year."

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Ashley's problem is that she doesn't know how to budget her money and live within her means - a problem many Americans have had for years. This has nothing to do with President Obama. In fact, poor old Grampa enabled Ashley to continue living her irresponsible, lavish lifestyle rather than learn how to budget her money by giving her "thousands of dollars in Cash, tuition assistance, food, housing, clothing, gifts, etc., etc.." I'm glad he finally came to his senses. Maybe he should have saved more of that money for his retirement. Grampa has been doing the same things he now accuses Obama of doing.

The fact that Grampa is now going to have to work more years is because his retirement investments have shrunk due to the crash of the stock market and the real estate bust - all due to Bush's lack of regulation of the financial industry.

Obama will have to raise taxes because Bush spent trillions of dollars on the Iraq war, and trillions more on bailouts of the very financial institutions he deregulated - and didn't raise our taxes to cover it, leaving us a huge national debt.

Taxes in 2009 aren't going up for most people, and even for those people for whom they are, they haven't yet paid any higher taxes until their first quarterly estimated tax payment, due tomorrow.

What all of the Bush/McCain voters don't seem to realize is all of the "government's" money Bush was 'redistributing' to Iraq and the same crooks in the financial industry who got us into this mess will come from tax money that will now have to be collected from income tax-paying families.

Messages like the above may be amusing and somehow comforting to those who are still bitter about having lost the last election, but they really don't have much basis in reality.

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