Poor Newt Gingrich, hoisted by his own petard in Iowa
Newt Gingrich’s campaign has apparently gone into freefall in Iowa, to the point that the recent frontrunner has been reduced to musing publicly that a fifth-place finish wouldn’t be so bad. Millions of dollars of negative campaigning aimed in his direction has put a torpedo right in his ample midship.
Newt has complained bitterly about the tactic, calling the attacks “reprehensible” and claiming that the candidates who use them “ought to be ashamed of themselves” and that it “demeans America.” Personally, though, I think there’s a certain poetry in the fact that Gingrich has come undone in such a fashion.
After all, his fellow Republicans are merely using what someone once called “contrasting words,” “powerful words that can create a clear and easily understood contrast.” That certain someone even created a list of such words, urging his followers to “apply these to the opponent, their record, proposals and their party.”
On the vocabulary list drafted by that certain someone and recommended for deployment in politics are many of the words now being directed at Gingrich by members of his own party, and apparently with devastating effect. For example:
abuse of power
betray
bizarre
cheat
coercion
collapse(ing)
corrupt
corruption
cynicism
decay
destroy
destructive
devour
disgrace
endanger
excuses
failure (fail)
greed
hypocrisy
ideological
impose
incompetent
insecure
insensitive
intolerant
liberal
lie
mandate(s)
obsolete
pathetic
radical
self-serving
selfish
sensationalists
shallow
shame
sick
steal
threaten
traitors
waste
Watching all this happen, another word comes to mind, a word that isn’t on that certain someone’s list. That word is karma.
– Jay Bookman
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591 comments Add your comment
Smelly Liberal Land
December 29th, 2011
10:50 am
USinUK
I don’t need to check to see if you are here every day. What else would you be doing? LOL!
Peter
December 29th, 2011
10:50 am
Please Stevie Ray… folks are more greedy, that is why business are not hiring.
Welcome to the Occupation
December 29th, 2011
10:50 am
getalife: “Voting for a pol because the other side hates that pol is just plain ignorant”
Nietzsche called it ressentiment and saw it as endemic to democracy.
Paul
December 29th, 2011
10:51 am
md
“Real Estate, Construction, restaurants, retail, landscaping, etc etc…..pick one. And even some of the big boys are still in trouble……Sears/Kmart to close 100+ stores…….”
Oh no… those businesses are going to be aborted? But they’re alive! And according to the Supremes, they have rights, just like people!
Quick, start a campaign! Give those failing corporations, who are just sick, lots and lots of money transfusions! Don’t let them die!!!!!
Finn McCool
December 29th, 2011
10:51 am
Stevie, please tell us who you work for so we can dump that stock out of our portfolios.
Do us that favor, please.
Stevie Ray
December 29th, 2011
10:51 am
PETER,
From my Devils Dictionary (at the risk of being redundant)..RELIGION: noun, “The daughters of hope and fear teaching the ignorant the unknowable”.
Adam
December 29th, 2011
10:52 am
Finn: Ladies and gentlemen, here are your future business leaders!
More like your future windbags. No one who believes such a thing and acts on it will ever be successful at business.
(ir)Rational
December 29th, 2011
10:52 am
Realizing that I’m coming into the conversation a bit late, I want to make a few points.
Point 1 – Whoever said you couldn’t be hoisted by your own petard obviously hasn’t ever read about them. It was quite common, back in the day when such things were used, for the person using it to have their arm or leg or whatever caught in the ropes they used to hoist the petard against the door of the castle they were trying to enter. Pulling them up with the bomb. Therefore, they were hoisted by their own petard.
Point 2 – USinUK – You said Newt shouldn’t have “leadership” (and I’m extrapolating the other uses/derivations of the word “leader” from your statement) used in a sentence when referring to him. I disagree. For example – Newt showed great leadership in starting the line at the buffet. Or Newt was able to lead us all to the buffet. Unfortunately in both of those cases, we come out the losers as with him in the lead, we’ll all starve.
Point 3 – Karma is a very nasty and vindictive woman. Newt should know better than to mess with a woman scorned, he’s had plenty of experience in that.
Stevie Ray
December 29th, 2011
10:53 am
FINN,
I have my own, small and private, actuarial firm peddling actuarial opinions to Fortune employers….I don’t have outside investors and I’m not soliciting same at present.
Bill Orvis White
December 29th, 2011
10:53 am
@Peter
Big gov’t has a little history of targeting innocent folk – like that Weaver fella up in Idaho.
Amen,
Bill
Finn McCool
December 29th, 2011
10:55 am
Maybe that’s what’s wrong with all these businesses – they don’t realize you hire when demand suggests it’s time to hire. Maybe they were dumb as rocks and just hiring willy nilly cause hey, everybody else is doing it.
Any company that thinks like that should be out of business anyway.
getalife
December 29th, 2011
10:55 am
SR,
You sell opinions ?
Stevie Ray
December 29th, 2011
10:56 am
PETER,
Is it truly greed or the fact that I owe nothing to anyone except my family and employees and clients? How about you just toss your cash to the winds? I presume you feel we get a good return on our annual 4/15 investment in our bankrupt government…
Would you rather my business and profits be controlled by others?
Paul
December 29th, 2011
10:56 am
“the word petard comes from the Middle French peter, to break wind, from pet expulsion of intestinal gas, from Latin peditum, from neuter of peditus, past participle of pedere, to break wind; akin to Greek bdein to break wind. (Merriam-Webster) Petard remains a Fren”
Oh, looky
ave has discovered Wikipedia!
godless heathen
December 29th, 2011
10:56 am
From the “and they say there never is anything good in the paper” department.
ajc headline 12/29/11 “Police: Ga. fast-food worker kills robbery suspect”
One less Obama voter.
USinUK
December 29th, 2011
10:57 am
dB – 10:48 – slapped down like a grizzly after salmon.
well done.
Finn McCool
December 29th, 2011
10:57 am
Stevie Ray isn’t hiring, and it’s the government’s fault?
Yeah, right.
JKL2
December 29th, 2011
10:57 am
USinUK- I must’ve missed it! how much did YOU get???
I’m not a Demwit. I didn’t vote for the crook from IL (my third time). Doesn’t mean it isn’t a useful campaign slogan for the “enlightened Democrat”.
http://www.youtube.com/watch?v=Bg98BvqUvCc&feature=related
Stevie Ray
December 29th, 2011
10:58 am
GETALIFE,
You made a funny which is spot on:-) Good thing it’s not political, marital, or social opinions for sure. Simply tell companies how much to set aside for insurance reserves and the like. Pretty safe for society as we know it.
Adam
December 29th, 2011
10:58 am
godless heathen: One less Obama voter.
Real classy, godless.
Finn McCool
December 29th, 2011
10:58 am
ajc headline 12/29/11 “Police: Ga. fast-food worker kills robbery suspect”
One less Obama voter.
killed by a conservative voter, no doubt.
getalife
December 29th, 2011
10:59 am
I want to sell my opinion too but Jay will not come off those Soros millions.
As my friend pf would say,
BOOKMAN !
Not a Neal Boortz Redneck
December 29th, 2011
10:59 am
USA ranks #4 in fewest regulatory burdens.
http://www.bloomberg.com/news/2011-10-20/world-bank-ranks-u-s-regulatory-burden-very-low-the-ticker.html
I see people are bringing out the canard about Obama regulations – his are lower than Bush and Reagan’s were.
USinUK
December 29th, 2011
11:00 am
JKL – hey, you’re the one saying free money … means you must’ve gotten some since it’s so freeance and all that …
Stevie Ray
December 29th, 2011
11:01 am
FINN,
Absolutely. More business is available but I’m afraid to screw someone’s family by making a new hire when I can’t zero in on the additional uncontrollable expenses over the near term relative to tax burden, healthcare costs etcetera. Call me what you like but the worst part of running a small business is the weight of having others and their families as my responsibility…for better or worse that’s how I view it…
getalife
December 29th, 2011
11:01 am
“Pretty safe for society as we know it.”
We bailed out AIG so it is not safe.
Finn McCool
December 29th, 2011
11:02 am
The only business people bi$chin and moaning about government and regulations are the one’s that can’t figure out how to make a profit.
That’s how we know when to steer our investments to other companies stocks. Just look and listen for the scapegoat discussion.
Stevie Ray
December 29th, 2011
11:03 am
FINN,
Additionally, do you have any idea how much a credentialed actuary costs these days? It ain’t minimum wage or average starting salary for MBA graduate…much more as those stinking test are a bear..
USinUK
December 29th, 2011
11:04 am
getalife – are you saying that Jay is bogarding Soros $$$
Adam
December 29th, 2011
11:04 am
Not a Neal Boortz Redneck: So does that mean we have TOO FEW regulations to spur business growth?
Stevie Ray
December 29th, 2011
11:05 am
GETALIFE,
Bailing out any company in my book is almost a criminal use of our tax dollars. Do you have any idea how much Goldmann and others made as a result of our fearless leaders using our money to lay off idiotic bets by the likes of these?
USinUK
December 29th, 2011
11:05 am
btw … totally off-topic, but it’s a thought worth sharing …
if anyone has any doubt about the existence of evil in the world, all they have to do is see the Justin Bieber / Mariah Carey video for “All I Want for Christmas is You” …
sweet jeebus … surely it has to be a sign of endtimes …
godless heathen
December 29th, 2011
11:05 am
Thanks Adam. I was inspired by all the classy comments about Mr. Gingrich.
Jay
December 29th, 2011
11:05 am
I know several (self included) who can get more work but I won’t hire another employee if my personal tax rate is going to reduce my take home pay and result in my inflows becoming threatened by my outflows….Math is pretty clear.
Stevie Ray, that’s a bunch of gobbledeegook. You refuse to make more money because it might make you less money? Come on.
Finn McCool
December 29th, 2011
11:05 am
That’s what some people don’t want to know about capitalism – some businesses work out and some close their doors. It’s the natural order of things. Money (both bank investment and customer dollars) go to businesses that meet a demand. Once a business stops meeting demand, they go out of business (unless they get a bailout from the fed.)
Sometimes it hurts, and that’s what people don’t want to acknowledge about capitalism.
getalife
December 29th, 2011
11:06 am
“getalife – are you saying that Jay is bogarding Soros $$$”
Well, the cons say Soros bribed him so I thought I would try.
If SR can sell his opinion, so can we.
Yes we can.
Finn McCool
December 29th, 2011
11:06 am
I understand Stevie, your company doesn’t earn enough to warrant the hiring of more employees. It’s quite clear. No need to explain.
Stevie Ray
December 29th, 2011
11:07 am
GETALIFE,
I also did work for Freddie Mac but had to walk away as I couldn’t get solid data to render an opinion worth a crap….not to mention they were very slow payers…
FINN,
You have no idea what you are talking about relative to my ability to run a business..guess you concede as you are now speaketh that of which you not knoweth…
Keep Up the Good Fight!
December 29th, 2011
11:07 am
Hmmm… the if I make more, I take home less because of taxes argument with a claim that “Math is pretty clear”. Someone does not comprehend marginal tax rates in a progressive system.
Jay
December 29th, 2011
11:07 am
USinUK, I’d start paying getalife, but you see, there’s all this uncertainty about what the Republicans might do if they get into power and I just can’t risk taking on another mouth to feed.
Adam
December 29th, 2011
11:08 am
godless heathen: So rhetoric DOES inspire people to hate and violence?
USinUK
December 29th, 2011
11:08 am
getalife – I’ll opt for the Sesame Street business model:
“this opinion was brought to you by the Letter R … the Number 3 … and the phrase “where the hell are my pants?”
Adam
December 29th, 2011
11:08 am
Jay: USinUK, I’d start paying getalife, but you see, there’s all this uncertainty about what the Republicans might do if they get into power and I just can’t risk taking on another mouth to feed.
AHAHAHAHAHAHA Awesome!
Welcome to the Occupation
December 29th, 2011
11:08 am
No Neal Boortz redneck: “I see people are bringing out the canard about Obama regulations – his are lower than Bush and Reagan’s were.”
Indeed, and this is strictly because in a temporal trajectory Obama finds himself further along on a downward slope moving away from the New Deal, the ‘mixed economy’, Weirdly, of course, Barack Obama (in)famously voiced his admiration for Reagan during his campaign as a transformational president, leading (cynically?) his supporters to believe that he might have in mind a similar transformation for his own administration — namely a reversal of the Reaganite transformation. In fact however Obama has been anything but transformational, continuing and reinforcing in every imaginable way the very same changes set in motion by Reagan.
Finn McCool
December 29th, 2011
11:09 am
I knoweth supply and demand, Stevie. If there is no demand, there is no supply, not the other way around.
knoweth thyself.
USinUK
December 29th, 2011
11:09 am
Jay – 11:07 – I thought it was because of all the DAMNED REGULATIONS that Obama has enacted since becoming the King of All He Surveys … I’m sure there was something in the BILLYUNS of new regs that would mandate HOW you paid getalife and the rest of us …
getalife
December 29th, 2011
11:09 am
“Bailing out any company in my book is almost a criminal use of our tax dollars. Do you have any idea how much Goldmann and others made as a result of our fearless leaders using our money to lay off idiotic bets by the likes of these?”
It just socializing their losses and w and paulson engineered the bailouts.
Your opinion here is not worth a penny because it is just plain wrong.
Stevie Ray
December 29th, 2011
11:10 am
FINN,
Am I greedy and incapable of making a profit? Is my lack of profits related to my greed or my greed a result of my profits? Just cause I run a profitable ship for 20 years or so, does that mean I should go hire for the sake of pleasing those who are running out of other peoples money to spend?
Not a Neal Boortz Redneck
December 29th, 2011
11:11 am
The chatter from the AM radio liars would lead one to believe no one is allowed to drill here.
The fact is, under Obama, we will be the #1 crude oil producer in the world by 2016. Drilling is up over 2x under Obama.
Finn McCool
December 29th, 2011
11:11 am
Well, I for one am glad some people aren’t hiring – what with the impending layoffs that could happen.
getalife
December 29th, 2011
11:11 am
USinUK,
willard said he would put advertising on Big Bird.
No joke.
godless heathen
December 29th, 2011
11:12 am
Adam, Don’t know about rhetoric, but armed robbery does.
Common Sense isn't very Common
December 29th, 2011
11:12 am
Stevie just needs to hire some H1b’s, half the pay, no benefits then he could make millions
Since all those US workers are greedy.
Finn McCool
December 29th, 2011
11:13 am
Just cause I run a profitable ship for 20 years or so, does that mean I should go hire for the sake of pleasing those who are running out of other peoples money to spend?
I see the whole “demand leads to hiring” argument is lost on you. When did I call you greedy?
Paul
December 29th, 2011
11:14 am
USinUK
“and the phrase “where the hell are my pants?””
Sesame Street’s ripping off Newt’s slogans?
USinUK
December 29th, 2011
11:14 am
“willard said he would put advertising on Big Bird.”
post no bills.
get it?
bills?
he’s a bird!
oh, i kill me.
Stevie Ray
December 29th, 2011
11:14 am
JAY,
Thats funny. Maybe the GOP would press for another TARP or STIMULUS to make sure those campaign funds keep flowing? Oppps, I get so confused between the two…
I can’t figure out why a RTC facility that worked well with S&L crisis was not the investment of choice over giving the banks all that cash they won’t put to work? So much for our interests eh??
USinUK
December 29th, 2011
11:15 am
Paul – 11:14 – dammit, man … now, I have an image of Newt saying Tickle Me Elmo …
(shuddering)
godless heathen
December 29th, 2011
11:16 am
“The fact is, under Obama, we will be the #1 crude oil producer in the world by 2016.”
? Citation, please.
getalife
December 29th, 2011
11:16 am
“there’s all this uncertainty about what the Republicans might do if they get into power and I just can’t risk taking on another mouth to feed.”
I would hedge on another collapse if they win.
Adam
December 29th, 2011
11:16 am
Not a Neal Boortz Redneck: Drilling is up over 2x under Obama.
And I, for one, am not happy about this. Especially considering a rig could blow up again and there is NOTHING NEW to prevent such an occurrence.
Paul
December 29th, 2011
11:18 am
USinUK
Never has a blog fallen so far, so fast.
And I’m cracking up right along with you!
godless heathen
December 29th, 2011
11:18 am
The US is rattling the sword at Iran for threatening the closing of the Strait of Hormuz. Blood for Oil anyone?
Not a Neal Boortz Redneck
December 29th, 2011
11:18 am
“Hedge funds have been buying housing-related investments, betting on a rebound. Bulls have been burned in the past, but optimistic investors are pointing to pent-up demand and suggest a housing bottom may be in sight.” (WSJ)
If the rebound is in 2012 the election will be an Obama landslide
Finn McCool
December 29th, 2011
11:18 am
I don’t think I will go back to work next week. I could be laid off in the future so why should I prolong the inevitable?
Stevie Ray
December 29th, 2011
11:18 am
FINN,
May have got greedy comment confused with another less than admiring commentator. Since econ 101 (macro and micro) are not lost on either of us, lets get past that…if my margins are 20% after all is said and done and I remain competitive, tell me how I’m going to justify new hires if there exists a possibility that the cost of same may go up 20% plus in coming years and I can’t increase my billings by the same amount? Citing traditional simplistic economic theory is one thing but simple math is often a more telling indicator…Not sure you want to debate numbers with an actuary but knock yourself out.
TaxPayer
December 29th, 2011
11:19 am
Uh Oh,
I do believe Stevie’s neck hairs are standing at attention. Me thinks he doth not like being called out.
getalife
December 29th, 2011
11:19 am
Big Bird is brought to you by SR’s opinion.
kayaker 71
December 29th, 2011
11:19 am
Finn, 11:05,
And it’s that same system that has sustained his country for the last 200 or more years. It has made us who we are, the most viable, thriving economy in the entire world. But your boy in the WH isn’t too fond of a free market economy, or so it would appear. And government running a business? We have seen how that works with Government Motors, the Postal Service, Amtrak and various others that government couldn’t keep their hands off of. So now we translate all of this into a government run system that sets up rules under which they can operate, tells them what and how much to produce and limits their profits based on the “needs of others”. Yeah, that’s what made this country the great country that it is….. no doubt about it. But it creates a hell-of-a voter base, now don’t it?
Adam
December 29th, 2011
11:20 am
If the rebound is in 2012 the election will be an Obama landslide
No it won’t. He’ll only get a slight bump. This idea that it’s all about the economy and NOTHING ELSE is going to bite the GOP in the ass.
Kamchak
December 29th, 2011
11:20 am
Oooooh, the econ101 card!
Cool beans!
Language: A Key Mechanism of Control | Blog for Democracy
December 29th, 2011
11:20 am
[...] post by Jay Bookman pointing out that Newt is currently being hoisted by his own petard in Iowa: After all, his fellow Republicans are merely using what someone [Newt] once called “contrasting [...]
(ir)Rational
December 29th, 2011
11:21 am
I think right now, our economy running around in a giant circle chasing its own tail. Companies aren’t hiring cause they don’t have the demand to support new employees (contrary to what many would have you believe), then those companies, because they’re not making extra money aren’t buying from other companies, who then aren’t hiring cause they don’t have the extra demand to support new employees. Then those companies aren’t buying from others, and they’re not buying from others, and eventually, you get back to the guy not buying from the first company who wasn’t hiring cause of lack of demand. Unfortunately (and those of you who know my views will understand how much it took for me to get here) the only solution I see is the government infusing more money into the economy someway some how. I say this cause the government is the only entity that typically buys without demand. Possibly because they’re the only entity that can legally take your money from you whether you want their product or not at the threat of jail, so they have a pretty guaranteed revenue stream, but I digress. Oh, and that is my circular logic for today, and I’m sorry for anyone who becomes confused by it, I might have possibly confused myself a bit while writing it.
Jack
December 29th, 2011
11:21 am
It’s likely that Bookman has already written his hit on Romney column. He’s just like other liberal writers; instead of promoting Obama, he finds fault with all GOP candidates.
Adam
December 29th, 2011
11:21 am
Stevie: What evidence do you have that your costs will go up 20%?
Stevie Ray
December 29th, 2011
11:22 am
COMMON SENSE,
I’ve looking into hiring on the basis you suggest, unfortunately it’s a non-starter…I’ve had some limited experience with independent contractors but they are risky in terms of business relationships…good thought though….damn health insurance is expensive…I’ve thought about simply paying the fine per OBAMACARE when it enacts but passing the costs to my employees will result in mutiny..
Adam
December 29th, 2011
11:23 am
(ir)Rational: Unfortunately (and those of you who know my views will understand how much it took for me to get here) the only solution I see is the government infusing more money into the economy someway some how.
This is the rational conclusion MOST come to after looking at the problem seriously. And yet, we hear visceral cries of “KEYNESIAN ECONOMICS DOESN’T WORK!!!!”
Keep Up the Good Fight!
December 29th, 2011
11:23 am
Does anyone ever take Econ 102 or Advance Econ?
md
December 29th, 2011
11:23 am
“And all those businesses are in trouble because of Obama and regulations?
It has nothing to do with the fact that no one is buying what they are selling? Demand has nothing to do with it?”
That is the million dollar question……
I posted in response to corps sitting on big bucks……look behind the curtain…..it isn’t because they are growing/expanding/etc……many are making profits because they slashed expenses (employees) and are requiring those that remain to work 70/80 hour weeks….or fear losing their jobs. That is why some are sitting on big profits…..kind of kills the talking point.
And that doesn’t change the fact that the majority of corps are NOT sitting on record profits…..as mom and pop are the majority and are hanging on by their teeth. The next few months will be a big indicator……..seasonal help goes back on the street and folks clamp down to pay for Christmas until they get their windfall “refunds”.
Finn McCool
December 29th, 2011
11:24 am
tell me how I’m going to justify new hires if there exists a possibility that the cost of same may go up 20% plus in coming years and I can’t increase my billings by the same amount?
You can’t win if you don’t play. So if you don’t hire the personnel, you will never know, will you? I bet if you interview someone today and tell them there is no guarantee that they will be employed by you one or two years down the road, they probably wouldn’t bat an eye lash. It’s kind of a give, know what I mean?
But, since you are doing everyone a favor by not hiring them….
RB from Gwinnett
December 29th, 2011
11:24 am
Sucks to be stuck defending Obama doesn’t it Jay?!! Keep tearing down everybody else, though, and maybe you can get all the other candidates to look bad enough that Obama doesn’t look quite as imcompetent as he is by comparison. If your D voters are dumb enough, that might just work. Again.
From the AJC… “Police in Georgia say a fast-food worker grabbed his gun and shot and killed a man suspected of robbing the restaurant near Savannah.”
Why is it the fast food worker isn’t given the “suspected of” or “alleged” qualifier like the thief is? If the dead guys disn’t rob the place, wouldn’t he be an “alleged” ciminal too?
Lord Help Us
December 29th, 2011
11:24 am
Is it just me or does it seem downright crazy that the ‘uncertainty’ card gets thrown at Obama when the worst ‘uncertainty’ (eg. the worst economic collapse since the Great Depression) happened while GWB was President…
Adam
December 29th, 2011
11:25 am
md: I posted in response to corps sitting on big bucks……look behind the curtain…..it isn’t because they are growing/expanding/etc……many are making profits because they slashed expenses (employees) and are requiring those that remain to work 70/80 hour weeks….or fear losing their jobs. That is why some are sitting on big profits…..kind of kills the talking point.
This would seem to indicate they did not need to slash their workforce, and they could start hiring people back now, right?
USinUK
December 29th, 2011
11:25 am
“instead of promoting Obama, he finds fault with all GOP candidates.”
otherwise known as “shooting fish in a barrel”
md
December 29th, 2011
11:25 am
“Oh no… those businesses are going to be aborted? But they’re alive! And according to the Supremes, they have rights, just like people! ”
Reaffirms my post about being a smart ass………………join the club.
(ir)Rational
December 29th, 2011
11:25 am
USinUK @ 11:15 – That’s just wrong. I feel like I need a bath now.
Finn McCool
December 29th, 2011
11:26 am
That is why some are sitting on big profits…..kind of kills the talking point.
Not when you follow a “some” statement. LOL
Normal
December 29th, 2011
11:26 am
http://www.gocomics.com/nonsequitur
larry
December 29th, 2011
11:26 am
Paul
December 29th, 2011
10:12 am
It depends on where those jobs are located. One case in point, a factory in Gaffeney SC was closed down and 150 jobs were lost because of another merger with another company. When the company decided to expand, instead of re-opening the plant in SC, they opened one in Vietnam.
Adam
December 29th, 2011
11:26 am
RB: Why is it the fast food worker isn’t given the “suspected of” or “alleged” qualifier like the thief is? If the dead guys disn’t rob the place, wouldn’t he be an “alleged” ciminal too?
First of all, this has absolutely nothing to do with Obama, so nice link-up from nowhere in your post.
Second, could it be that the police say that’s what happened because the fast food worker admitted as such?
Stevie Ray
December 29th, 2011
11:28 am
ADAM,
Good question. The trend alone in healthcare is between 5 and 10% annual clip no matter how I adjust deductibles or co-pays. No matter what is said, I have no confidence that my costs will increase at a higher rate under OBAMACARE as no government program in the history of government will pay for itself as advertised (see 61 trillion in unfunded Medicare and SS) If my tax rate reverts to pre Bush cuts, those two alone will easily cover the 20%.
I’m a very small business so the math is easy….not sure about mega-employers..
carlosgvv
December 29th, 2011
11:28 am
The fact that Newt has come this far and may by in this race for the duration only shows how utterly sad the state of American politics has become. Think of Lincoln, FDR, IKE, JFK and then think of Gingrich. Get the picture? While the word karma may come to mind for some, the word hypocrisy seems more applicable. Newt’s words and behavior show a complete lack of class and character. Just what you would expect in today’s dumbed down America.
mm
December 29th, 2011
11:28 am
“Bailing out any company in my book is almost a criminal use of our tax dollars. ”
So when are the righties going to quit giving billions to the oil companies?
Adam
December 29th, 2011
11:29 am
Stevie: I am not sure I read your post right. You seem to be saying your costs would go up regardless of the ACA.
md
December 29th, 2011
11:30 am
“If the rebound is in 2012 the election will be an Obama landslide”
http://abcnewsradioonline.com/business-news/economists-predict-housing-rebound-to-be-a-year-away.html
“If” is the biggest word in the English language……..
Curtis Rivers
December 29th, 2011
11:30 am
Newt’s a bit large, so I think “Hippo-crit” should be added to the list.
(ir)Rational
December 29th, 2011
11:31 am
Adam – It took me a while to come to that conclusion, but that’s because I distrust completely (and probably will always) the idea that the government should be allowed to pick the winners and losers in anything. On the other hand, give it a few years, and the construction industry will turn itself around. All those houses that were built over the last 15 or so years, in those wonderful looking subdivisions all over the US will start falling apart, and will have to be either repaired or rebuilt. Or the people that lived in them will have to move to apartments and more of those will have to be built. So, the construction industry will come back, its just a matter of time.
Keep – It wasn’t required for my major, so I didn’t.
USinUK
December 29th, 2011
11:33 am
Stevie – “tell me how I’m going to justify new hires if there exists a possibility that the cost of same may go up 20% plus in coming years and I can’t increase my billings by the same amount?”
don’t take this the wrong way (since we’re enjoying canapes in the kitchen and having a civil conversation) … but, could you be more vague???
“coming years” – 1 ? 2 ? 10 ?
and if you’re bringing on new people, that’s to handle an increase in business – which, presumably, will continue to increase … so, who’s to say you won’t be able to cover their costs, with or without the increase in fees???
getalife
December 29th, 2011
11:33 am
Big Bird is brought to you by KFC.
Finger licking good.
Finn McCool
December 29th, 2011
11:34 am
All you Republicans need to quit your job so you don’t have to pay taxes. We liberals will gladly work your jobs so we can pay taxes.
Everyone will be happy, right?