Re: {OT} A hollow victory

Jan 31, 2009 11 Replies

Apparently you were not a history major, if you were, you would have flunked out! If you knew your history you would know that EVERY TIME, albeit it under Kennedy, Reagan or Bush, that taxes and tax RATES were cut, the economy grew and the INCOME to the treasury grew, dummy.

Apparently neither are you, Foghorn, because if you were, you'd know that tax cuts don't always work, spending hikes don't always work, and loose or tight money doesn't always work. And you would know that tax cuts for upper income people tend to worsen deficits, while cuts for the bottom 50% tend to reduce them. Check the revenue reflows and the Atlantic interview with David Stockman to confirm this, WBMA, LOL.

Get real! The fact is every time tax RATES were cut for ALL Americans, as was the case when Congress passed the Bush tax RATE cuts, the INCOME to the US Treasury grew. It grew so much that in the last two quarters of 2007 the US Treasury was taking IN more than it was spending.

That is the FIRST time that ever happened during war time. There was greater growth to the treasury after Kennedy cut the RATES but that was not in time of war and his RATES cuts were much greater. The top RATE went down to 50% from 90%.

You obviously were not an economics major. It is basic economics, the more money people have the more they spend and every time a dollar changes hands in the US it is TAXED by the federal, state and local governments.

The Republican alternative, to OBs SPENDING package, is an actual stimulus that will lower the 10% tax rate set by Bush to 5% and the 15% rate down to

10%. All Americans will get a tax cut and the lowest earning Americans would have HIGHER PERCENTAGE cut that will show up in their pay checks every week, STARTING at once and in every year there after. We will not need to wait a year or two, to get money into the hands of the "working man," that the Dims claim to represent.

What we have is an effort by the elected government to do what they were elected to do.

The team Obama has assembled is a far cry from the bunch of scum-bags assembled by bush (remember "great job brownie"). And yet there are those who believe rush is the voice to follow; their votes turned out to mean nothing.

The only legitimate objections are the pubs, as usual, want to grant money to those who buried us in the first place. Ever wonder why you don't hear the pubs complaining about those multi-million dollar bonuses going to wall street?? It's because they want to give them MORE.

Same old, same old. Now if they could just get out of the way so the recovery can proceed.

dennis in nca

List the "pork" items which benefit the constituants of the Democrates vs. the Republicans could you? And leave out the items which are intended to benefit people re- gardless of their political affiliation or place of residence.

That way we'll know what you're talking about.

If you are unable to show such things are true perhaps you'll rethink your position?

dennis in nca

Pork is a term used when a legislator packs extra items into a bill that are primarily benefitting his constituancy. Please tell us what part of the proposed bill follows these guidelines.

Or is it just that you don't agree with the reasons and methods being used, but that revitalization is needed?

dennis in nca

Thanks for confirming that you ARE that slow LOL


Are you really that slow? You lefty kooks have been screaming for years
> at President Bush for five years of deficit spending for in time of war, > yet
> now you are in favor of a defect spending three times LARGER ANNUALLY, for
> mostly pork, than was spent on defending your right to talk stupid. > Get real.
>
> Not you, not me nor the Government can spend their way to prosperity. Even
> BO says it is business and industry that creates jobs, not the government. >

The difference is Obama is not interested in throwing our money away on bullets and bombs but on something that will help our people and country grow.


Didn't you listen during the election debates?


dennis in nca

Just think if it was announced that people really were getting angry at President Obama!

You would probably pull a muscle in your dominant arm and get a friction burn on another......part. lol!

id:

Ok, so no answer? From the most dedicated pubs??

Will this mean, since there are no pork items, your objections are ideological and not financial?

I know mine would be were I on your side of the fence you've created..

dennis in nca

I'd agree there are some items which could have been put on hold until later. But I see no evidence of pork, only lots and lots of spending.

Again I've seen nothing that would benefit the Dems constituancy at the expence of Pub constituants; if you see something I haven't please let us know what you've found.

dennis in nca

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