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Progressives waking up to New Year’s economic hangover

Progressives waking up to New Year’s economic hangover

I don’t normally prowl the threads of Democratic Underground, but was interested to read comments regarding one of their complaints about an increase in social security withholding tax after Rush Limbaugh remarked on it today.

Surprise! The author self-deleted the comment.

Deleted by author

I guess being featured on Limbaugh’s program was more shame that NCTraveler could bear. However, she is not the only one shocked to discover that they are counted among the “1 percent”, the “wealthy”, and the “privileged” by Team Obama today.

Twitchy has a compendium of tweets
that show a complete lack of understanding about the impact of progressive policies and federal fiscal irresponsibility on the individual level. My personal favorites are from the employers who have to hand out the smaller paychecks to their unhappy employees:

Employers comments

It must be especially frustrating to those who got a raise in 2012, to find they will actually be taking home less real pay in 2013. Happy New Year!

But the news gets even grimmer. December’s employment numbers remain weak, and Business Insider published a fairly scary chart comparing today’s employment situation to other post World War II era.

Job Chart

“This shows the depth of the recent employment recession – worse than any other post-war recession – and the relatively slow recovery due to the lingering effects of the housing bust and financial crisis,” writes Bill McBride of Calculated Risk.

I suspect that these will not be the only fiscal shocks progressives will be in for over the next few years. Obama truly has a golden touch!

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Comments

How the ‘fiscal cliff’ bill will work and who is actually taxed and who is not vary greatly.

Here’s one take on the Fiscal Cliff bill:
“And as it turns out, workers making $30,000 will take a bigger hit on their pay than those earning $500,000! ” http://wyblog.us/blog/economy/memo-from-hr-yes-taxes-went-up.

Rush Limbaugh said the very rich are not affected and Buffett’s secretary will still pay more taxes than he does.

And it will raise the deficit.

Here’s a graph that puts it in perspective:
http://directorblue.blogspot.com/2013/01/chart-putting-senate-cliff-deal-in.html

There is a twitter hashtag going around today:

#WhyIsMyPaycheckLessThisWeek

My tweet: #WhyIsMyPaycheckLessThisWeek – because you voted for fool’s gold.

    JackRussellTerrierist in reply to Lady Penguin. | January 5, 2013 at 12:09 pm

    “I suspect that these will not be the only fiscal shocks progressives will be in for over the next few years. Obama truly has a golden touch!”

    I hope every last one of them suffers a reversal of fortunes and that their lives are harder and less joyous as a result.

Relax, that smaller paycheck was a victory for Barack Obama and the Democrats in Congress

I got a text from my 22 year old daughter, “Aw man, Obama taking $20 more from me than before.” I texted back she should thank all her “free birth control” friends. I can’t wait till they get the bill for that birth control.

    Browndog in reply to Mary Sue. | January 4, 2013 at 9:17 pm

    Another gem from Iowahawk:

    David Burge ‏@iowahawkblog

    #WhyIsMyPaycheckLessThisWeek because you voted to keep Mitt Romney from outlawing tampons.

      Mary Sue in reply to Browndog. | January 4, 2013 at 9:25 pm

      No kidding, these brain dead young women bought that nonsense completely. It makes me want to scream.

      Observer in reply to Browndog. | January 5, 2013 at 9:31 am

      That stupid tampon rumor was beyond ironic. Mitt Romney never proposed any law that would impact tampons. But Obama, on the other hand, advocated and signed a law (the Affordable Care Act, aka Obamacare) that imposes a new tax on tampons (as a “medical device”).

      All these Obama-voting nitwits who voted against Romney because they believed the silly rumor that he wanted to outlaw tampons are getting exactly what they deserve: less money in their paychecks to pay for the tampons that will now be more expensive for them to buy, thanks to Obama.

    Somewhere Sandra Fluke is smiling

The post of the day comes from Iowahawk

David Burge‏@iowahawkblog#WhyIsMyPaycheckLessThisWeek because before Nov 6, you were a useful idiot. Now you’re just an idiot.

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FWIW Nathan Wurtzel has a pretty good understanding of the effects of liberal policy. His tweet was merely reflecting his actions and thanking the responsible parties. Not ignorant.

I wouldn’t suggest holding your breath waiting for a Come-To-Jesus moment among Democrats. Show ’em something shiny (read: “free”) and they’ll forget all about their current dissapointment.

[…] Economics -Progressives waking up to New Year’s economic hangover […]

OT but in the ballpark: Instapundit has linked to a piece stating Obama will nominate Hagel to run the Pentagon.

Some American Jews and gays are unhappy because of Hagel’s perceived bigotry against them. Since these groups voted overwhelmingly for Obama, my reaction would be a gleeful howl of schadenfreude—if not for the implications for Israel.

My reaction wrt the Republicans and Real Conservatives™ who blundered away the Senate (or at the very least facilitated a comfortable cushion for the Democrats) is less printable than ‘gleeful howl’.

The above has taken Instapundit and other Internet posts at face value. Hagel has yet to be nominated, and I have yet to see a convincing assessment of the evidence against him.

Yep, Obama’s #40dollars disappeared. The sick dishonesty of calling it a ‘tax holiday’ when in fact what it meant was they weren’t paying into their own Social Security, even when it is going broke defies human decency. The stupidity of the gullible public defies belief.

But those who are expressing sympathy for these uniformed voters need to stop and watch – just wait til they are ALSO going to have to start paying for their own healthcare.

Oh, when it was all just pie-in-th-sky, it was all so hope-n-change, so lovely, so someone-else-is-going-to-pay-for-it, but now the butchers bill is due and the cold hard reality sets in.

And they did it to themselves. Even thought of him as a demi-God, while he drove the knife into their backs.

Sorry, I’m too mad to feel sorry for them.

This is just the beginning. Every time the socialists decide to build their Grand Society by taxing the rich, it is invariably the middle class that pays the bill. Welcome to Socialist Utopia, have a nice day.

The White House’s What $40 Means to Americans Across the Country (from 2011-2012). My, my, my, they have a short memory.

Maybe the progressives regressives could remind them of that little campaign, create a petition on the White House’s “We The People” petitions web site, and revive the #40dollars hashtag.

    Sanddog in reply to donb. | January 4, 2013 at 10:51 pm

    It was interesting to see the DU members telling poor little NCTraveler that 2% of her check is nothing. It can’t really buy anything and she needs to just suck it up and pay for the good of the collective.

    It’s always amusing when the mask drops.

SoCA Conservative Mom | January 4, 2013 at 9:45 pm

It’s Boooooshe’s fault in 3, 2, 1…

Seriously, Dems will delude themselves into thinking it’s the Eeavil Republican/Conservatives fault, because they are rich and so tight with their wallets. What’s that you say? The middle class is paying more in taxes, well, they are rich too, Eaavil Middle Class with your jobs, you suck! /sarc

BannedbytheGuardian | January 4, 2013 at 9:47 pm

The bigger concern is the PRE emotive spin that the debt ceiling is about America’s & primarily congress caused debts . The public is so stupid it will work.

The fact that they are needing to borrow to pay their debt would in normally IQed people ring a distress bell.

One of the things in the USSR is that people actually knew everything the politburo said was crap. When it fell apart few were surprised .

Conservative Beaner | January 4, 2013 at 9:57 pm

The price of stupidity is high. The morons who voted for Obozo are going to find out how expensive it is.

The Republicans never made the most telling point: that the tax increases were never going to be confined to the very wealthy.

Screw ’em. They wanted Obama and they can have Obamanomics, without lube or foreplay.

TrooperJohnSmith | January 4, 2013 at 10:27 pm

Well… in Prez-O-Bama Land, he can now say that, yes, he did something to save Social Security, by letting the payroll tax cut lapse.

If it is “Progressive”, let’s get rid of it. Start with 16 and 17.

Badger Pundit | January 5, 2013 at 12:29 am

In case people are interested (e.g., if you want to read the comment thread and understand what’s being commented on), the self-deleted comment was available in Google cache earlier today, and I preserved it for the historical record here:
http://twitter.com/ToddKincannon/status/287300297079009280

It read: “My paycheck just went down by an amount that I don’t feel comfortable with. I guarantee this decrease will hurt me more than the increase in income taxes will hurt those making over $400,000.”

    two.bit.score in reply to Badger Pundit. | January 5, 2013 at 1:22 am

    Thanks for your informative post. That is what it was all about for the Obama voters, about how they were going to ‘hurt’ the ‘rich’ instead of finding a way to help themselves through greater opportunity.

I’ve always thought that the payroll “tax holiday” was a bad idea: after all, the SocSec system is in bad enough shape already without taking away half its income. But at least there’s a silver lining: when the tax holiday eventually ends, somebody gets blamed for the “hike”.

Amazing, now all the useful idiots can now “wade” in their “Hope and Change”. LMAO, progressives bought it now they own it! No money back guarantee on their purchase.

Obama does have the “golden touch” — if that touch is to turn the US into Venezuela.

It is amazing to see how passively the sits by GOP and allows this maniac to use the enormous power of the presidency to wreak absolute havoc in the face of absolute and complete corruption of the media.

I’ve joked about Boehner being akin to Germany’s Paul von Hindenburg, but frightening parody has turned into complete horror with his re-election.

Remember, this is just the beginning: Considering the passivity and corruption of the GOP, Obama has 4 years of absolute discretion. I believe the GOP will lose the house in 2014, just as Bush’s passivity gave us Obama. Then Obama’s discretion will be absolute.

Sorry to be negative, but better forewarned: political violent is going to become the norm, with ideas such as “New Hampshire Democrat Seeks to “Restrict Freedoms” of Conservatives” being so openly floated. (See link below.)

The left’s dream is to do away with the Constitution while they hold power. And they are going to accomplish it with the imposition of marital law. They have just the man in power to do it, and they have been working hard to set up the circumstances for it to happen. We’re following German history to a tee. I believe our only hope was to replace Boehner with a fighter, but tragically, that did not happen.

This nightmare is really happening. I believe the only way out is to fight for control of the GOP as if our very freedom depended on it, for those that head it now are truly blind to the threat we face. We’re going to have to do it at the grass roots level, a step at a time.

The New Hampshire story:
http://www.rushlimbaugh.com/daily/2013/01/04/new_hampshire_democrat_seeks_to_restrict_freedoms_of_conservatives being openly floated

ha ha ha ha ha ha ha ha ha ha *snort* ha ha ha ha ha ha ha

[…] Eastman finds that liberals don’t like the new tax hikes. Legal […]

“wakey wakey eggs and bakey”

Despite what the Obama Pilot Fish Media suggests..the Jobs Report was not positive. What the Media disnt mention, was to complete the spell November’s rate was “revised” to 7.8% as well so to give things the appearance of “steady” 7.8%.
You know. Revise the past to make the present seem better that it actually was.
Weve come to believe 155,000 job adds for a month is good news. Guess what: At best its break even when we consider new folks entering the job market.
Weve come to believe 360,000 pink slips a week is improvement.
I want some of what the Administration is obviously smoking.

I just saw this today. It’s called “10 Things to Say to an Obama Voter Who Just Got Laid Off”.

It would also apply to Obama voters who just realized that they are apparently “millionaires and billionaires.”

http://erickbrockway.com/2012/12/09/10-things-to-say-to-an-obama-voter-who-just-got-laid-off/

I grabbed the tweet before it was deleted and posted it on my own site. Feel free to copy it from there.

It’s a great list. They should have added, “You’ll be getting 4 more years of this.”

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