Chris Muetterties said:This has to make you think a little bit.
George Bush has been in office for 7 1/2 years. The first six the economy was fine.
A little over one year ago:
1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) the unemployment rate was 4.5%.
4) the DOW JONES hit a record high--14,000 +
5) Americans were buying new cars, taking cruises, vacations overseas, living large!....
But Americans wanted 'CHANGE'! So, in 2006 they voted in a Democratic Congress & yep--we got 'CHANGE' all right. In the past year…
1) Consumer confidence has plummeted ;
2) Gasoline is now over $4 a gallon & climbing!;
3) Unemployment is up to 5% (a 10% increase);
4) Americans have seen their home equity drop by $12 TRILLION
DOLLARS & prices still dropping;
5) 1% of American homes are in foreclosure.
6) as I write, THE DOW is probing another low~~11,100--
$2.5 TRILLION DOLLARS HAS EVAPORATED FROM THEIR
STOCKS, BONDS & MUTUAL FUNDS INVESTMENT
PORTFOLIOS!
YEP , IN 2006 AMERICA VOTED FOR CHANGE!....AND WE SURE GOT IT!!!...NOW OBAMA, the DEM'S CANDIDATE FOR PRESIDENT--AND THE POLLS SAY HE'S GONNA BE 'THE MAN'--CLAIMS HE'S GONNA REALLY GIVE US CHANGE!!....JUST HOW MUCH MORE 'CHANGE' DO YA THINK YOU CAN STAND???
So who is to blame ????????????????
Greenie said:.
And for you party guys, both sides of the fence sold us out long ago.....bring back Perot.
Chucky said:And while the thought of a 3rd party guy is a nice theory, I think he/she could do nothing with a GOP/DEM congress....
To be fair most of those facts can be attributed to the mortgage scandal that started way before the Dems took over
Fon Johnson said:kolfer1 said:Trickle down economy does not work.
Unless of course you are rich. Then it works great.
There is nothing wrong with making money and being succesful. Planty wrong with the system rigged to benefit only the super rich.
Hang on to the dream of the republicans being for small business. They never have been and never will be. No health insurance , more tax on middle class and with the Bush administration even bigger government.
Do some research and un-brainwash yourselves from all the republican crap and wedge issues.
Democrats are better for the economy, better for the middle class and blue collar workers. Better period.
Unless you go for the wedge issues. "God is republican" and everybody else is a "Comunist/Socialist" blah blah blah.
Proud to be a bleeding heart liberal.
Trickle down does work. It works all too well, actually. Here in TN we have had business' leave because of taxes and local yokels fighting "big business." The state unemployement is at or a little over 7%, with many areas being around 13%. Every day I hear about more layoffs. Large and small business is laying of, business' are closing, business is going brankrupt, even what we thought were some of the most stable business' around have filed bankruptcy.
Yeah, for the love of God don't give the big guy a break so the little guy can have a job.. You can argue 'til you're blue in the face, but I see it everday here. My wife has been out of work for almost 7 months, and we know many others in the same boat.
kolfer1 said:Fon Johnson said:kolfer1 said:Trickle down economy does not work.
Unless of course you are rich. Then it works great.
There is nothing wrong with making money and being succesful. Planty wrong with the system rigged to benefit only the super rich.
Hang on to the dream of the republicans being for small business. They never have been and never will be. No health insurance , more tax on middle class and with the Bush administration even bigger government.
Do some research and un-brainwash yourselves from all the republican crap and wedge issues.
Democrats are better for the economy, better for the middle class and blue collar workers. Better period.
Unless you go for the wedge issues. "God is republican" and everybody else is a "Comunist/Socialist" blah blah blah.
Proud to be a bleeding heart liberal.
Trickle down does work. It works all too well, actually. Here in TN we have had business' leave because of taxes and local yokels fighting "big business." The state unemployement is at or a little over 7%, with many areas being around 13%. Every day I hear about more layoffs. Large and small business is laying of, business' are closing, business is going brankrupt, even what we thought were some of the most stable business' around have filed bankruptcy.
Yeah, for the love of God don't give the big guy a break so the little guy can have a job.. You can argue 'til you're blue in the face, but I see it everday here. My wife has been out of work for almost 7 months, and we know many others in the same boat.
Facinating logic there Fon.
Seven years of possibly the worse president ever, (under whose administration the government has been larger then under any modern administration) and you are complaining about the democrats.
How was the unemployment there under Clinton.
Lame the blame where it belongs.
Democrats create jobs.
Republican create defecit.
Democrats try to provide health care to the majority of Americans.
Republicans help the Health insurers prosper.
Go Barak.
It takes many wise men to fix what one idiot (W) has damaged.
It will take many years to fix this one.
If you ever noticed, since Reagan became president, a smaller and smaller percentage of the population in the U.S. controls more and more of the wealth?
Mikeyxj8 said:If you ever noticed, since Reagan became president, a smaller and smaller percentage of the population in the U.S. controls more and more of the wealth?
United States of America (Press Release) October 9, 2007 -- Houston, Texas (ActionAmerica.org) October 10, 2007 – Last Thursday, the IRS very quietly released their annual Tax Collections Data by Percentile. As in previous years, this report totally dispels the popular myth that the rich don’t pay tax. This collections report, broken down by income category or “percentiles,” shows that while the top earning five percent of income earners only earn just over a third (36%) of all income, they pay almost two-thirds (60%) of the tax that is actually collected.
so the top 5% pay 60% of the taxes and earn 36% of all income.
adcomp said:kolfer1 said:Fon,
Also, this is the first generation in U.S. history that the children are financially worse off then their parents. The first.
Can you explain to me how this is figured? Would you say they are financially worse off than the generation of say 1978? Are they facing double digit inflation? Is the prime rate over 20%? Is there an actual fuel shortage? Double digit inflation? Unemployment at 6% and climbing?
What is being considered a generation here?
These numbers really rely on consumer confidence, consumer priorities, base economy shifts, and world politics.(and yes I realize these things are somewhat effected by who is in office)
Some examples:
http://www.miseryindex.us/URbyyear.asp
http://www.miseryindex.us/irbyyear.asp
http://en.wikipedia.org/wiki/Image:Fede ... (effective).svg
Fon Johnson said:Mike, you are wasting your breath with statistics. All liberals know is rhetoric and name calling.
Ofer, please re-read my post. You still don't get it. On second thought, don't bother. You are not going to get it, and I'm not up for arguing against a bunch of inane diatribe.
Trickle down economy does not work.
All things being equal, I'd rather see tax and spend than borrow and spend!
-"Both the Wall Street Journal and CNN Money recently ran articles about a new study that concluded that American men in their 30s are earning less than their father’s generation after adjusting for inflation.
kolfer1 said:Mikeyxj8 said:If you ever noticed, since Reagan became president, a smaller and smaller percentage of the population in the U.S. controls more and more of the wealth?
United States of America (Press Release) October 9, 2007 -- Houston, Texas (ActionAmerica.org) October 10, 2007 – Last Thursday, the IRS very quietly released their annual Tax Collections Data by Percentile. As in previous years, this report totally dispels the popular myth that the rich don’t pay tax. This collections report, broken down by income category or “percentiles,” shows that while the top earning five percent of income earners only earn just over a third (36%) of all income, they pay almost two-thirds (60%) of the tax that is actually collected.
so the top 5% pay 60% of the taxes and earn 36% of all income.
Mike,
60% on their taxable income.
That is after all the tax shelters have been deducted. And boy do they find tax shelters.
Yes it is all legal.
And boy are all those special interest lobbyist well funded.