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1)-Over 70% of our National Debt was created by just 3 Republican presidents.
Go ahead, get out your calculator and add up debt by president/party. Apparently the party that claims fiscally responsibility thinks it's ok to borrow massive amounts of money from foreign countries like China. Consider that we spend hundreds of billions of dollars in interest payments on this debt each year. That means more and more of your hard earned money is going to make interest only payments on what is basically a Giant National Credit Card. Not to mention the fact our debt/deficits are largely behind the weakness of our dollar, which in turns makes gas more expensive and creates other serious problems. If you want to learn more about the National Debt, check out these links: http://www.brillig.com/debt_clock / http://www.washingtonpost.com/wp-dyn/content/article/2008/03/07/AR2008030702846_pf.html http://zfacts.com/p/447.html (A running clock with the cost of the war) http://abclocal.go.com/wtvd/story?section=news/business&id=5810114 2)-According to new research from Larry Bartels out of Princeton, real middle class wage growth is double when a Democrat is president compared to when a Republican is president. "...Even more remarkable, the real incomes of working-poor families...grew six times as fast when Democrats held the White House. Only the incomes of affluent families were relatively impervious to partisan politics, growing robustly under Democrats and Republicans alike...": http://www.nytimes.com/2008/04/27/magazine/27wwln-idealab-t.html?ref=magazine Here is a short summary of this research: http://www.washingtonpost.com/wp-dyn/content/story/2008/06/13/ST2008061302816.html And here is a good, short audio interview with Larry Bartels: 3)-90% of Americans would pay less taxes under Obama's proposed tax plan compared to McCain's. This is according to the non-partisan Tax Policy Institute as reported by CNN: http://money.cnn.com/2008/06/11/news/economy/candidates_taxproposals_tpc/index.htm?cnn=yes People making under $112,000 a year in individual (not household) income would pay less taxes under Obama's plan. By contrast, John McCain's tax cuts mostly benefit the top 10% of Americans. Under McCain's plan, people making over 2.9 million dollars in individual annual income would get almost a million dollar tax break. Conclusion: Countless millions of Americans vote Republican because they believe they'll pay less taxes and that they'll have their money spent more responsibly. As you can see, those beliefs are directly contradicted by the facts. Of course we can choose to ignore the facts and instead focus on which candidate is wearing a flag pin (you ever notice that Hillary and McCain don't wear them? but I think we're a smarter country than that. Last edited by Rusticus; 07-18-2008 at 06:36 PM. |
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Aint but three things in this world thats worth a solitary dime, But old dogs and children and watermelon wine. Tom T. Hall http://www.obamatruth.org/ |
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"We have to shoot and kill and destroy. We represent everything that's wholesome and good in the world." - Maxwell Smart |
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No need to get into the fine print here. The fact that McSame picked Phil Gramm as his chief economic adviser should tell you all you need to know about McSame's ideas on the economy. Corporate welfare, cronyism, tax breaks for the rich. It's his kinda people. Remember the Keating Five.
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"I think the deregulation was probably helpful to the growth of our economy." -Sen. John McCain 09/22/2008 |
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McCain was cleared for that. The three democrats not so much.
I would be curious about this guys analysis. The guy himself says that at the end of Republican candidacies the economy is picking up near the end of terms while Republicans get elected when the economy is going bad at the end of Democratic terms. In recent history Clinton rode the dot come bubble and the good part of the housing bubble. Both, inevitably, popped under Bush. |
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"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." - Schopenhauer |
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Bush's greatest spending though has been domestic. He spent 4 times more than Clinton DOMESTICALLY. I thought you libs liked that kind of spending...
To say the Democrats represent spending restraint is like saying Hitler represents Jewish civil rights. The Democrats still increase the debt when they're in power. Just because they do it at a slower rate is no less damaging, if there is never any intention of paying the debt off. But I hope Obama is being honest with his tax policy. However, I don't trust him, and I won't be voting for him. But I won't be voting for McCain either, since he has proven again and again that he's a compromiser.
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"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." - Schopenhauer |
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our 2 biggest expenditure are givemegal programs
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Aint but three things in this world thats worth a solitary dime, But old dogs and children and watermelon wine. Tom T. Hall http://www.obamatruth.org/ Last edited by submarinepainter; 07-19-2008 at 06:05 AM. |
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