How can Obama improve the economy if he is not pro-business?
How can an Obama presidency help the American economy if he doesn't believe in helping and working with corporations and businesses to keep jobs for Americans and the value of the American dollar from hitting rockbottom. Obama plans to heavily increase taxes on corporations and businesses, what kind of impact will this have on business operations, jobs, consumer prices, consumer spending and the economy itself if it relies on all of these factors. Remember business activity is what keeps the money flowing and whether you agree with them or not, they must survive and so how will Obama help the economy and keep Americans from pinching pennies?
Asked By: u can't stop me!! - 10/5/2008
Best Answer - Chosen by Asker
Realistically he will NOT help the economic situation. His theory of taxing the rich to give to the poor is in effect a contradiction. Before people vote everyone MUST look at the whole picture. Obama plans to tax "the rich" however one must remember that this will also include those people who have small business... More
Answered By: Mary S - 10/6/2008
Additional Answers (11)
Answered By: mr p - 10/5/2008
He won't. Expect your 401k to take another big hit if he enacts his tax increases on corporations.
Answered By: portnoy25 - 10/5/2008
what difference does it make? they are the same party! why has every Bush Idea passed when there was a democrat controlled congress ? - what more proof do you need after Iraq and the Bailout? Vote 3rd party enough is enough!
Answered By: rooster - 10/5/2008
Obama wants to TAX THE RICH ~ ~ More... More
Answered By: Nurse Molly - 10/5/2008
all he wants is for big business to be regulated with proper over site, there has to be a system of checks and balances.
Answered By: lv_consultant - 10/5/2008
Why do you think that an overwhelming majority of the economists in this country support Obama and say that he is better at handling the economy than John McSame... More
Answered By: Linda - 10/5/2008
osama is a lier sorry Obama is a lier
Answered By: Country is a way of life!! - 10/5/2008
What I like about Obama plan is that he is not asking anyone else to do what he is not doing hisself! I am positive that his taxes will increase also.So you want the poor to pay taxes for the businesses. Let them continue to get rich while poor pay their taxes.It is poor people that keep these business open. If they... More
Answered By: coffee.taylor - 10/5/2008
A poll done by the magazine, "The Economist," shows that an *overwhelming* percentage of economists believe Barack Obama will be able to do more for our economy... More
Answered By: crystal - 10/5/2008
If he wants to tax the rich more,won't he tax himself more? lol
Answered By: CutePrincess05 - 10/7/2008
Obama is against BIG BUSINESS like the Oil Companies who get huge tax breaks and amass substantially record breaking profits on the backs of the middle and lower classes who pay at the pumps for the billionaires to live like kings in this time of economic crisis... More
Answered By: Neha - 10/8/2008
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