Re: {OT} Change
- From: "Mike Hunter" <mikehunt2@lycos/com>
- Date: Tue, 30 Sep 2008 15:55:11 -0400
Here we go again with the Dims eight year "Big Lie" that the Bush tax RATE
cuts for all Americans caused the problem.. Do a search and you will
discover that as it did when Kennedy and Reagan cut the tax RATES, the
income to the US Treasury went UP not DOWN. In the case of the Bush tax
RATE cuts the income to the US Treasury went UP in every quarter of every
year. The problem is and has been the spending by the Congress to buy
votes.
If you really want to see what happens when taxes are raised, as Nobama is
telling us he will do, search the Congressional Record for what happened to
the income to the Treasury when Bush 41 and Clinton raise the tax RATES.
"larry moe 'n curly" <larrymoencurly@xxxxxxxxxxx> wrote in message
news:6bb5af25-b003-4ed5-9401-390883b8ccb0@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
dbu, wrote:
In the PAST YEAR:
1) Consumer confidence has plummeted
2) Gasoline has been over $4 a gallon!
3) Unemployment is up to 5% (a 10% increase)
4) Americans have seen their home equity drop by $12 TRILLION DOLLARS,
and prices are still dropping
5) 1% of American homes are in foreclosure.
6) As I write, THE DOW is probing another low ~ ~ 11,316 - -$2.5
TRILLION DOLLARS HAS EVAPORATED FROM THEIR STOCKS, BONDS & MUTUAL FUNDS
INVESTMENT PORTFOLIOS!
You're not thinking, either, because you're confusing correlation with
cause & effect, and the 2006 election did not cause the economy to
tank. Rather it was caused by the cumulative effects of excessive tax
cuts combined with excessive spending, excessively low interest rates
to finance the resulting deficits and boost the economy, and negligent
oversight of the financial markets.
You've given the type of lame argument expected only from a dishonest
and highly partisan political operative who believes in party first,
country last.
.
- Follow-Ups:
- Re: {OT} Change
- From: SMS
- Re: {OT} Change
- References:
- Re: {OT} Change
- From: larry moe 'n curly
- Re: {OT} Change
- Prev by Date: [OT] McCain advised to give up on policies and go even more negative.
- Next by Date: Re: {OT:} Why I'm against the Bailout
- Previous by thread: Re: {OT} Change
- Next by thread: Re: {OT} Change
- Index(es):
Relevant Pages
|
