Nate
2004-02-09 23:49:02 UTC
At a speech I just saw on the news, Bush said that the Democrats are going
to increase the size of the government and that "they're going to repeal
Bush's tax cuts and that's wrong. That's bad economics."
I found myself laughing hysterically at this point.
First of all, the fact is that Clinton decreased the size of government by
over 750,000 workers and Bush has increased the size of government by over
one million. As for the taxes, as of now, the top one percent owns almost
sixty percent of the country, while the bottom forty percent owns virtually
nothing. Poor people pay the highest percentage of their income in taxes
(social security, etc.) while the rich pay the least.
When we elected -- or selected, rather George W. Bush, he reinstituted the
same policies that Ronald Reagan instituted, giving money to the rich at the
expense of the poor, giving massive tax breaks to corporations, massive tax
breaks to wealthy people, at the same time not restraining spending, and we
see a budget surplus of $236 billion turn into a budget deficit that now
approaches, today, a half a trillion dollars.
And when you look at the Congressional Budget Office chart which says, CBO
Raises Budget Deficit Estimate For 2003, you can see the beginning of the
Clinton era. We start with the Bush, Sr. deficit of $290 billion and we cut
that deficit down every year to the point that by the time we get to the
year 2000 we have a surplus of $236 billion.
But the first year of George W. Bush, were back to a $157 billion deficit
and the second year we are currently at over $400 billion, and the
Congressional Budget Office you can look at the chart, this is their
chart just puts an arrow down. They dont know where its going to end.
And projections over the next ten years are the same. We have no idea how
were ever going to get this budget under control again.
Democrats do promote "control" of business, but didn't Enron need some
control? Doesn't Halliburton need "control" when they overcharge America
$150 million for oil in Iraq and then still get a $1.5 billion no-bid
contract?
Deregulation of the energy industry allowed energy companies, by a
conservative measure, to steal over $20 billion from California taxpayers.
They de-controlled the accounting industry and Arthur Anderson lied, cheated
and stole more billions from investors. There is an on-going scandal on
Wall Street of inflated profits, stock manipulation, and fraud -- since we
de-control.
One final note -- as the Greek philosopher Plutarch said, "Democracy cannot
survive a great gap between rich and poor."
Eventually the poor vote to change the system. Bush's tax cuts have
virtually bankrupted the country. Perhaps Republicans can explain why the
stock market (over the past one hundred years) has done better under
Democrats than under Republicans?
What, exactly, was wrong with Clinton? The only war we fought (Kosovo), we
won losing no soldiers. Today the place is peaceful. We had eight years of
steady growth, and millions of jobs were created as millions moved above the
poverty line, and he balanced the budget. Under Bush, we have lost more
jobs than under any president in history, the first time since Hoover than
we have had eight straight quarters of no job growth, and the budget is out
of control. Bush wants our children to pay the debt he's running up, I
don't. Neither do most Democrats.
The notion "keep our own money" that many Republicans repeat is bullshit.
Who do they think tax money benefits? It goes to pay for schools, cops, the
military, retirement, medical care, etc. Taxes are the price we pay for
civilization.
to increase the size of the government and that "they're going to repeal
Bush's tax cuts and that's wrong. That's bad economics."
I found myself laughing hysterically at this point.
First of all, the fact is that Clinton decreased the size of government by
over 750,000 workers and Bush has increased the size of government by over
one million. As for the taxes, as of now, the top one percent owns almost
sixty percent of the country, while the bottom forty percent owns virtually
nothing. Poor people pay the highest percentage of their income in taxes
(social security, etc.) while the rich pay the least.
When we elected -- or selected, rather George W. Bush, he reinstituted the
same policies that Ronald Reagan instituted, giving money to the rich at the
expense of the poor, giving massive tax breaks to corporations, massive tax
breaks to wealthy people, at the same time not restraining spending, and we
see a budget surplus of $236 billion turn into a budget deficit that now
approaches, today, a half a trillion dollars.
And when you look at the Congressional Budget Office chart which says, CBO
Raises Budget Deficit Estimate For 2003, you can see the beginning of the
Clinton era. We start with the Bush, Sr. deficit of $290 billion and we cut
that deficit down every year to the point that by the time we get to the
year 2000 we have a surplus of $236 billion.
But the first year of George W. Bush, were back to a $157 billion deficit
and the second year we are currently at over $400 billion, and the
Congressional Budget Office you can look at the chart, this is their
chart just puts an arrow down. They dont know where its going to end.
And projections over the next ten years are the same. We have no idea how
were ever going to get this budget under control again.
Democrats do promote "control" of business, but didn't Enron need some
control? Doesn't Halliburton need "control" when they overcharge America
$150 million for oil in Iraq and then still get a $1.5 billion no-bid
contract?
Deregulation of the energy industry allowed energy companies, by a
conservative measure, to steal over $20 billion from California taxpayers.
They de-controlled the accounting industry and Arthur Anderson lied, cheated
and stole more billions from investors. There is an on-going scandal on
Wall Street of inflated profits, stock manipulation, and fraud -- since we
de-control.
One final note -- as the Greek philosopher Plutarch said, "Democracy cannot
survive a great gap between rich and poor."
Eventually the poor vote to change the system. Bush's tax cuts have
virtually bankrupted the country. Perhaps Republicans can explain why the
stock market (over the past one hundred years) has done better under
Democrats than under Republicans?
What, exactly, was wrong with Clinton? The only war we fought (Kosovo), we
won losing no soldiers. Today the place is peaceful. We had eight years of
steady growth, and millions of jobs were created as millions moved above the
poverty line, and he balanced the budget. Under Bush, we have lost more
jobs than under any president in history, the first time since Hoover than
we have had eight straight quarters of no job growth, and the budget is out
of control. Bush wants our children to pay the debt he's running up, I
don't. Neither do most Democrats.
The notion "keep our own money" that many Republicans repeat is bullshit.
Who do they think tax money benefits? It goes to pay for schools, cops, the
military, retirement, medical care, etc. Taxes are the price we pay for
civilization.
--
Tired of the same rhetoric of lies and deceit?
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http://www.gentlemanjim.net/
"It aint what you don't know that'll hurt ya, it's what you "know" that aint
so." -- Will Rogers
Tired of the same rhetoric of lies and deceit?
Gentleman Jim fights for you!
http://www.gentlemanjim.net/
"It aint what you don't know that'll hurt ya, it's what you "know" that aint
so." -- Will Rogers