A president for ALL the people and not just the rich might have to make that decission.

 

Why? We have had many recessions and depressions in our history and no President saw the need to do this. While we are in a slowdown the unemployment rate is 5 1/2%, it has been far worse in many other times and we have weathered them. We will help those in need, but higher taxes is the wrong thing to do.

 

I have been reading up on economic downturns today and an economics professor by the name of Anderson said that one of the reasons the Great Depression lasted as long as it did was taking investment money from business owners in the form of higher taxes. And it still would be the wrong thing to do. Our economy will turn it self around, it always does, just leave it alone. We will also help those in need to get by.

And do we thank your Dems for this article from the Murray State News?

 

BTW for what's it worth, my daughter lost her job as did her boyfriend due to the increase of the minimum wage!

 

 

Amanda Crider

Staff writer

 

An increase in minimum wage is usually something to celebrate, but for several Murray State students the increase is coming with a decrease in hours.

 

As of July 24 the federal minimum wage increased from $5.85 to $6.55 an hour. Although the increase may not seem large to some, the University employs hundreds of Federal work-study and University-study students to work across campus.

 

Federal work-study students are allowed to work up to 12 hours a week depending on their package and at the new hourly wage, the University potentially could be paying an additional $436.80 per student over the course of one year.

 

Lori Mitchum, director of financial aid and scholarship, said many departments on campus have to either cut student positions or cut student hours this year to stay within their budgets.

 

"Every office had federal work study slots reduced," Mitchum said. "We don't want to cut students' positions, but we have to."

 

Mitchum said the students are not the only ones suffering from the new changes.

 

"The University is going to have to work around it too because they have less students working the same amount of hours … less students have to cover the same area."

 

Additionally, there is another problem looming in the distance. According to laborlawcenter.com, another minimum wage increase will take affect July 24, 2009, which will increase the federal hourly wage to $7.25.

"Students are making a lot more money," Mitchum said. "(Minimum wage) went up 70 cents and we're going to have to experience this change again next year when it goes up again

 

What??? I can't hear you. The silence from the left is deafening!

Why? We have had many recessions and depressions in our history and no President saw the need to do this. While we are in a slowdown the unemployment rate is 5 1/2%, it has been far worse in many other times and we have weathered them. We will help those in need, but higher taxes is the wrong thing to do.

 

I have been reading up on economic downturns today and an economics professor by the name of Anderson said that one of the reasons the Great Depression lasted as long as it did was taking investment money from business owners in the form of higher taxes. And it still would be the wrong thing to do. Our economy will turn it self around, it always does, just leave it alone. We will also help those in need to get by.

 

When income tax rates were first imposed, they were something like 90% on anything over 75,000.00. 75 K was a lot of money then, but we have came a long way. Keep in mind taxes are based on adjusted income and if you are wealthy and can't find a CPA that can hide at least 25% of your income, you probably inherited your money and don't know how to grow it anyway.

 

I would rather see the tax rates remain the same and the loopholes closed.

Doesn't Mr. McCain own enough homes to help alleviate this situation?

What??? I can't hear you. The silence from the left is deafening!

 

With the economy being in such an excellent shape and all, they shouldn't have any trouble finding a job elsewhere.

Doesn't Mr. McCain own enough homes to help alleviate this situation?

 

He's not sure, but maybe. :laugh:

With the economy being in such an excellent shape and all, they shouldn't have any trouble finding a job elsewhere.

 

BTW where is anyone working for the min wage in NKy? Even the local fast food places/hotels workers .etc make $7.00 plus dollars an hour or more and that was prior to the min wage increase!

 

The colleges were caught in the middle! They were forced by the Dem's min wage increase to pay the students more money, but they weren't given any additional money to pay the students by a Dem controlled Ky state government, and as the article I posted noted, it will be even worse next year!

BTW where is anyone working for the min wage in NKy? Even the local fast food places/hotels workers .etc make $7.00 plus dollars an hour or more and that was prior to the min wage increase!

 

The colleges were caught in the middle! They were forced by the Dem's min wage increase to pay the students more money, but they weren't given any additional money to pay the students by a Dem controlled Ky state government, and as the article I posted noted, it will be even worse next year!

 

 

Then wouldn't it be smarter to work off campus if you can make more money??

Edited September 1, 200818 yr by rockmom
R13

Then wouldn't it be smarter to work off campus if you can make more money??

 

Not really! Working for the University saved her money on transportation, gave her more exposure to former alums (meaning great job contacts for later in life) the University worked around her schedule, she worked at a job that hopefully she might land one day in the real world meaning true job experience not just working at a job (big difference to me at least), she also had the opportunity to speak with Professors that taught her daily and this gave her a chance to ask question that she might not have asked in a classroom setting. The money wasn't great (spending only) but the experience, the training, and the contacts were worth a whole lot more!

Being a student labeled homeless is somewhat vague.

You could be living with a relative and be considered homeless.

Being a student labeled homeless is somewhat vague.

You could be living with a relative and be considered homeless.

 

That's what I'm trying to figure out. If there are so many thousands in each city that this article is talking about, where are the huts, cardboard houses, and abandoned cars with people living in them. If this is true, every city should look like a shanty town.

When income tax rates were first imposed, they were something like 90% on anything over 75,000.00. 75 K was a lot of money then, but we have came a long way. Keep in mind taxes are based on adjusted income and if you are wealthy and can't find a CPA that can hide at least 25% of your income, you probably inherited your money and don't know how to grow it anyway.

 

I would rather see the tax rates remain the same and the loopholes closed.

 

First, I'll have you know the inheritance I have from my parents I still have, it is called the family farm.

 

Second, when taxes were first imposed the rate was 1%, yes 1%, on anything over $5000. The higher rates came along as we had wars and depressions.

I would like to add to post #27.

 

Third, I have taught for 31 years, I raised a tobacco crop to put myself through college, I continued to grow tobacco, raise cattle and hogs after I started teaching , because the early years of teaching were not that well paid, plus my wife was finishing her last 2 years of college, with no government handouts. After I quit raising tobacco I turned mowing grass for a summer job, I refer to it as getting paid to exercise.

 

Fourth, my family helped each other out when the need arose. Because of all of this is the reason I do not believe in many government programs. We need to help people on a temporary basis, but not for lifetime. Also people must be made to realize they have to suffer from the consequences of their actions, when you make poor decisions, you usually get poor results.

Raise taxes on the wealthy and use the revenue generated to open up some more section 8 housing to destroy neighborhoods.

 

Uh huh......

Edited September 2, 200818 yr by sportsfan41

Yep....how dare a polititian raise taxes on the CEO of Exxon so more kids can have a home.

 

Exxon is but one company, people commonly use it because of gas prices. So then the prices can be relayed back to citizens through the cost of gas. So then you have kids w/out homes still, and now kids that can't afford to commute to college as well.:irked: