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Linn Energy, LLC (LINE) Message Board

  • norrishappy norrishappy Feb 13, 2013 12:19 PM Flag

    No person has magic economic wands

    WASHINGTON (Reuters) - Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending, suggesting the economy got little help from consumers at the start of the year.
    The Commerce Department said on Wednesday retail sales edged up 0.1 percent after an unrevised 0.5 percent rise in December.
    The modest gain, which was in line with economists' expectations, suggested the expiration of a 2 percent payroll tax cut on January 1 and higher tax rates for wealthier Americans were weighing on the economy.

    Americans encouraging natural gas use and eliminating corn ethanol corruption; which we were promised would now be eliminated by cell technology which was not technically possible, could kick our economy into normal growth. It might even be powerful enough to drag along all the other delusional things Obama is doing.

    Obama is our new economic normal for some very simple and easy to understand causes.

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    • He wants to give tax breaks to companies that create jobs here in this country vs the ones that are getting tax brakes for taking jobs away from this coiuntry. Is that a bad thing? Or did you miss that as well.

      • 1 Reply to opinionsarelike33
      • Nope I desire a flat tax with no special Progressive give a ways called tax credits.

        But Obama/Progressive got his insane $12 billion wind mill credit through. Also our government is attacking responsible utilities who do not what to place the additional burden of this insanity in their customers rates.

        Wise to. Electricity costs are a prime factor in siting high valued added manufacturing right after taxation/regulation. Utility business should desire big efficient high value added manufacturing in their service area.

        Progressive corn ethanol corruption mandates is a tax. Except the proceeds go directly to the Progressive crony capitalists.

        National wealth destruction to benefit a special interest has never been the American way. Dishonored press does not inform us even as the environmentalists try to stop it.

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