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The reason McCain wants tax cut, is to encourage explansion of corporations to hire more people, which would increase consumption, etc etc,, to better off the economy. This is one policy. On the other side, if you look at Obama's economic policy, which is giving tax cut to lower income people. Well. Lower income people are relatively paying a lot lower tax and have lower tax rate already. It is not as effective to lower their tax if they are not earning much, or not even hired. when Bush took over, there were already over 3 trillions of deficit. Yes. Clinton lowered it. Deficit is not a disease. It's common for countries to have deficit. Trading cause 100s of billions of deficit too. Don't blame Bush, or McCain for financial crisis, because it is part of the capitalist economy. Even if it's not part of the cycle, Bush, or McCain did not engineer this crisis. Don't get brainwashed. we have to look at these facts.
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HUSSEIN for president,,, are you kidding????? |
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how do you figure, he voted with Bush 90% of the time. There is no questioning that he will carry on Bush policies. |
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fixed it for ya
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And This Was Adding To Thread???
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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.politicalforum.com/group.php?groupid=43 |
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if you know enough, you know lots of the stuff is procedure processes,,, and how about OBAMA who votes 97% with the democrats? stop using the line "voted with Bush 90% of the time",,, it's making me laugh !
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HUSSEIN for president,,, are you kidding????? |
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Neither one of the 2 big party candidates want to talk about this, let alone deal with it. The difference between these two candidates: Obama prefers the deck chairs in a more open arrangement.
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"Our liberties we prize and our rights we will maintain"- Iowa state motto Quote:
Ventura/ Paul '12 |
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This is how little you understand about what Bush and his capital puppeteers have done. When the US government says "Sure Halliburton, you can run this war from you, here's a packet of 8000 blank US checks. Go to town" and then they spend over 70% of that money buying manufacturing goods, steel and oil from OTHER countries at a lower price, while still charging us a premium markup, we get screwed hard. Think about it, government money went to Halliburton and other Bush/Cheney interested companies at a stiff premium. That money then went overseas to buy products cheaper than they could be produced in the US. Yet every government dollar spent elsewhere increase our debt and devalued the American dollar. You're right capitalists don't care where the money comes from or goes. And they don't care if they own Euros, dollars or yen, as long as they profit. I care, and YOU should care that dollars be the focal point, unless you expect us to go back to the barter system here in our own country. And cut the crap with the trickle down theory. THIS WEEK in history will hopefully be the end of Reaganomics in our countries history. Have you not been watching the GOP run for the hills on this type of crap. I cannot believe that lower/middle class people get sold on this bill of goods. "Hey country, heres and idea, rather than give money directly to the poor, indigent, and needy, give it to me, the rich guy, and I promise to give some of it to you". Stupid republican voters under the 38% tax bracket - "Gee, that sounds fair, but you promise you'll give me some right?" Swindler, dirty, (*)(*)(*)(*)(*)(*)(*) car salesman GOP politicians -"Absolutely, your money is safe with me. After all, it you had too much you'd get confused with all those extra taxes and stuff, you don't want that". Poor dumb voters again - "Ok, sounds good to me, after all, look at how much you made fun of those democratic politicians that wanted to give me the healthcare I can't afford during the election, you must be right about this. I tell you what, you take all this money, I'm going to go sit by my phone and wait for your phone call when you are ready to let it trickle down to me". Since you've obviously been asleep since Reagans second term in office, let me let you in on a few things. Trickle down economics has NOT worked. It has NOT been this massive savior of the lower/middle classes, especially under Bush. It has increased consumption of natural resources you're right. It has increased production of goods you're right. But it has forced major corporation into TOO much expansion, TOO much production, TOO much supply. It has forced companies to lie about earnings in order to pull a profit. Its forced competition that requires companies to go overseas to hire others because the American workforce now has too many high demands on salary BECAUSE they can't afford trickle down prices on goods. It has NOT kept costs down, and it has created the second biggest inflationary period in history. It has forced most US citizens to survive on credit only in order to pay for the things that HAVE to purchased in this system in order for companies to survive. And that has created this problem on wall street. If you tax corporations you actually create more competition because one company can't gain a stranglehold on any specific market by hiring all of the workforce and making all of the goods. More, smaller companies allow prices to be more feasible while limiting the national supply and increasing demand. There has been no demand in this trickle down society. There has been excess everything, and if the US stop buying, then we'll be looking at another bailout. If mindless robots that didn't care about CEO/investor profits were running a trickle down economy, it might actually work. But when greedy, sleazy humans do it, as we have now seen (and its not a minority of CEO's) it fails miserably. Just like communism failed once you added the human element versus the theory. And on your last comment. What happened this week is NOT part of ANY economic cycle. This is the worst financial situation in the post depression history of our country. This is the 9-11 of finance, except that its more like the Hiroshima of finance in our country. Wow, do you work for fix news? |
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