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I have thought all along that we should have a "surtax" to pay for the war. Compute your normal income tax at the end of the year, and add a 2 or 3 % surcharge to directly fund the war effort. It would certainly add meaning to the statement about "support our troops" and may give folks more of a sense of having a personal stake in the issue.
Agree. As soon as 9-11 happened, Bush should've rescinded his tax cuts and said "Sorry, we've been attacked and have to pay for a war, hope you understand, let's win this thing and get back to cutting taxes later, one for all and all for one." But he didn't. Then Rummy tried to do a war on the cheap. Double oops. Any economist will tell you that you CANNOT have both guns AND butter at the same time, and if you try, you're gonna do yourself wrong, royally.
The amount of red ink is a crime. I could see it, maybe, if it were for infrastructure or worthy national investment. But not tax cuts so the wealthy can get yet another Benz and invest in risky hedge funds (credit bubble anyone?). I'm almost 60, and don't expect to ever see the national debt go away in my lifetime, where we had a shot at that goal when Bush came to office, but he pandered to his "base" (man, how I hate THAT word) and cut taxes on the wealthiest at the expense of the working folks. I think this will come back to haunt us big time. Bush-43 is an example of how to do just about everything wrong, stupid or poorly.
...becuase LBJ's social goody basket just kept costing more and more. Remember the (cough cough) war on poverty?
Remember shredding the social safety net? That was one of Reagan's major accomplishments -- replacing a hundred billion dollars per year of transfer payments to the poor via social programs with a hundred billion dollars per year of transfer payments to the wealthy via interest on the public debt.
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Originally Posted by Yeledaf
When does the surge start on that one?
Not for a while. Still more important to blow up impoverished Iraqis than to help out impoverished Americans.
Remember shredding the social safety net? That was one of Reagan's major accomplishments -- replacing a hundred billion dollars per year of transfer payments to the poor via social programs with a hundred billion dollars per year of transfer payments to the wealthy via interest on the public debt.
Yes, I remember those people on the streets begging. It looked like Calcutta. Especially in Silver Springs and Bethesda.
Not for a while. Still more important to blow up innocent Iraqis than to help out innocent Americans.
I won't dignify that distortion with a reply.
You've got to do better than simply mouth MoveOn.'s lies.
Yes, I remember those people on the streets begging. It looked like Calcutta. Especially in Silver Springs and Bethesda.
It's Silver Spring...no 's'. And you probably meant Potomac and McLean.
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Originally Posted by Yeledaf
I won't dignify that distortion with a reply.
Won't...can't. What's in a word...
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Originally Posted by Yeledaf
You've got to do better than simply mouth MoveOn.'s lies.
And maybe you could do better than posting just to see yourself type. Flip and supercilious aren't necessarily so becoming when people's lives are on the line.
It's Silver Spring...no 's'. And you probably meant Potomac and McLean.
Won't...can't. What's in a word...
And maybe you could do better than posting just to see yourself type. Flip and supercilious aren't necessarily so becoming when people's lives are on the line.
Not that the stock market is an indicator of any great deal, but you do get interesting results if you add up the stock market gains under Dem vs Rep administrations since the First World War or so...
Yeah, I know, meaning if you are a wise invester in stocks you will always vote for a Democrat for president because the stock market usually gains most when a Democrat is president. And President Bush is doing a great job proving how very true that is since the stock market hasn't gone up nearly as much under Bush, so far, as it done under Clinton.
Ever the fate of the Democrats. FDR cleans up after Hoover. JFK after Eisenhower. Carter after Nixon/Ford. Clinton after Reagan/Bush-1. Now this. You have to start wondering why we bother electing any of these Republicans at all...
Don't lump Reagan and Bush-1 together. They were two different presidents with different policies.
And don't forget that Reagan had a (huge) clean-up after Carter.
Carter was on pace to clean it up, unfortunatley we had 8 years of Reagan to completly destroy everything, add another 8 years of Bush Jr. I would say this country is permanently ****ed
What was it again that Reagan "completely destroyed" everything? It couldn't have been the economy which became the most properous peacetime economy up to then.
And it couldn't have been ending the Cold War by forcing the Soviet Union to spend itself into bankruptcy and collapsing.
And you say Carter was "on pace to clean it up?" LOL. LOL. Yeah, like 9% unemployment, 20+% interest rates and 12.9% inflation. Amazing how some people try to rewrite history!
Agree. As soon as 9-11 happened, Bush should've rescinded his tax cuts and said "Sorry, we've been attacked and have to pay for a war, hope you understand, let's win this thing and get back to cutting taxes later, one for all and all for one." But he didn't. Then Rummy tried to do a war on the cheap. Double oops. Any economist will tell you that you CANNOT have both guns AND butter at the same time, and if you try, you're gonna do yourself wrong, royally.
But tax cuts increase government revenue; it doesn't decrease it.
And President Bush is doing a great job proving how very true that is since the stock market hasn't gone up nearly as much under Bush, so far, as it done under Clinton.
???? Guess the tech bust didn't happen where you are????
Gains don't mean squat if you give them all back...
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