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Old 03-08-2008, 08:37 AM
 
Location: Western North Carolina
8,050 posts, read 10,642,372 times
Reputation: 18927

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For all of these almost eight years he has been insisting that his tax cuts for the wealthy are neccessary to keep the economy "strong" and "create jobs". What happened? I just see the wealthiest getting wealthier, and employers CUTTING jobs and benefits. Still, he keeps insisting we must make these tax cuts permanent (i.e. before he runs out the back door here shortly) and continue to borrow billions more on this war. Oh, but he is going to see that the rest of us get a couple of hundred bucks to "spend" in his brilliant "stimulus" package. Gee, thanks George. That will be just enough to pay for the extra cost of gas when it goes up to $4.00 a gallon this summer! Another example of the great Dash and Dine administration.
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Old 03-08-2008, 08:43 AM
 
21,026 posts, read 22,158,177 times
Reputation: 5941
Quote:
Originally Posted by montanamom View Post
For all of these almost eight years he has been insisting that his tax cuts for the wealthy are neccessary to keep the economy "strong" and "create jobs". What happened? I just see the wealthiest getting wealthier, and employers CUTTING jobs and benefits. Still, he keeps insisting we must make these tax cuts permanent (i.e. before he runs out the back door here shortly) and continue to borrow billions more on this war. Oh, but he is going to see that the rest of us get a couple of hundred bucks to "spend" in his brilliant "stimulus" package. Gee, thanks George. That will be just enough to pay for the extra cost of gas when it goes up to $4.00 a gallon this summer! Another example of the great Dash and Dine administration.
Ha! The 400 pound gorilla in the room! Thanks for bringing it up!


Gee, the big tax break for the wealthiest Americans ISN'T WORKING to stimulate the economy so bushINC wants to keep it.....

Just more "staying the course" no matter how stupid the course is!
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Old 03-08-2008, 08:44 AM
 
Location: Houston, Texas
10,447 posts, read 49,668,993 times
Reputation: 10615
It's not nice to tell people "I told you so"

You are rubbing it in. Just think of all those fools who were fooled into voting for the Dictator "The Decider". Dont you think they feel bad enough already.

Like you said, he already is looking at that back door and about to make a dash for it in short time. The damage he done to this country is sickening. He needs to be tried for war crimes and hang from the same rope as Saddam.
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Old 03-08-2008, 08:51 AM
 
Location: Raleigh, NC
9,059 posts, read 12,975,389 times
Reputation: 1401
GWB raised taxes dramatically during his tenure. It's called the inflation tax. It's worse than the income tax because unless you lose your dollars for precious metals or foreign currency, you can't hide assets from it.

Best part for Dubya is that he can say that he lowered taxes and sheeple will eat it up.
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Old 03-08-2008, 09:00 AM
 
Location: Las Cruces, New Mexico
522 posts, read 1,430,095 times
Reputation: 482
Re:
Oh, but he is going to see that the rest of us get a couple of hundred bucks to "spend" in his brilliant "stimulus" package. Gee, thanks George. That will be just enough to pay for the extra cost of gas when it goes up to $4.00 a gallon this summer!"

Huh? I haven't heard anything about gas going up to $4.00.... Nope, I'm the President, and this is the first I've heard about it.....
What a dufus!...

"First I was disgusted, then I was amused, then I was disgusted, then amazed, back to being amused"
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Old 03-08-2008, 09:03 AM
 
69,368 posts, read 64,135,461 times
Reputation: 9383
Quote:
Originally Posted by montanamom View Post
For all of these almost eight years he has been insisting that his tax cuts for the wealthy are neccessary to keep the economy "strong" and "create jobs". What happened? I just see the wealthiest getting wealthier, and employers CUTTING jobs and benefits. Still, he keeps insisting we must make these tax cuts permanent (i.e. before he runs out the back door here shortly) and continue to borrow billions more on this war. Oh, but he is going to see that the rest of us get a couple of hundred bucks to "spend" in his brilliant "stimulus" package. Gee, thanks George. That will be just enough to pay for the extra cost of gas when it goes up to $4.00 a gallon this summer! Another example of the great Dash and Dine administration.
Actually he did lower taxes, and it did stimulate the economy. It stopped us from going into a recession 5 years ago. The problem is, at the same time they encouraged wasteful spending by the consumer to the point that we're broke.

Anyone who doesnt realise that we had a great economy a few years ago has blinders on. Anyone who doesnt realise that it was at the expense of the current and future economy, because its caused massive inflation and record debt (which the govt still doesnt admit has happened) should be shot.
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Old 03-08-2008, 09:59 AM
 
2,643 posts, read 2,444,495 times
Reputation: 1928
the economy really didnt grow, income is less than it was in 2000, all the jobs that are hiring are low skilled, low pay jobs, working hours have gone up, so tecnically people are working more for less. keep in mind poverty is going up and things cost much more today then they did 8 years ago, 8 years ago gas was a dollar a gallon, i rented a 2 bed 2 bath apartment for 450 a month, milk was 1.50, now milk is $4, gas is $3.20, and the same apt is $800, its like 40-50% inflation, and the whole argument low taxes for the rich help the economy is false, in the 50s, we had a huge economic boom yet the tax rate for the rich was 80%, even during the reagan years, the tax rate for the rich was about 50%, and during clinton it was 45-40%, and we still had an economic boom those decades, today its only 35%, and the economy sucks
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Old 03-08-2008, 10:02 AM
 
48,502 posts, read 96,886,289 times
Reputation: 18304
It did fine just as JFK's cuts worked. The problem came when people were fools enough to buy houses they couldn't afford and lenders let them.. How both lenders ;borrowers and the economy will suffer. But in the end their had to be some end to the housing bubble and thse that gambled late will lose. That the risk they took.Bush has liitle to do with the price of gas but it is really unbelievable that people just keep increasing the amount they use each year.Gore said the only way to get people to conserve is to increase prices in his book but he never thought it would not start before 4.00 a gallon.
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Old 03-08-2008, 11:28 AM
 
21,026 posts, read 22,158,177 times
Reputation: 5941
Quote:
Originally Posted by pghquest View Post
Actually he did lower taxes, and it did stimulate the economy. It stopped us from going into a recession 5 years ago. The problem is, at the same time they encouraged wasteful spending by the consumer to the point that we're broke.

Anyone who doesnt realise that we had a great economy a few years ago has blinders on. Anyone who doesnt realise that it was at the expense of the current and future economy, because its caused massive inflation and record debt (which the govt still doesnt admit has happened) should be shot.
Threatening violence against those who don't agree with you is one way to win an argument...and the conservatives ONLY way


"Vote for bush or there will be another terrorist attack".
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Old 03-08-2008, 02:40 PM
 
Location: Northridge/Porter Ranch, Calif.
24,511 posts, read 33,325,190 times
Reputation: 7623
Quote:
Originally Posted by lkm370 View Post
the economy really didnt grow, income is less than it was in 2000, all the jobs that are hiring are low skilled, low pay jobs,
Let's see some actual data which backs up your claim.

Quote:
working hours have gone up, so tecnically people are working more for less. keep in mind poverty is going up and things cost much more today then they did 8 years ago, 8 years ago gas was a dollar a gallon, i rented a 2 bed 2 bath apartment for 450 a month, milk was 1.50, now milk is $4, gas is $3.20, and the same apt is $800, its like 40-50% inflation, and the whole argument low taxes for the rich help the economy is false, in the 50s, we had a huge economic boom yet the tax rate for the rich was 80%, even during the reagan years, the tax rate for the rich was about 50%, and during clinton it was 45-40%, and we still had an economic boom those decades, today its only 35%, and the economy sucks
Where I live, milk has not gone up anywhere near that much. And I don't live in an inexpensive city.
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