the success of the bush tax cuts
On Fri, 17 Jun 2011 20:16:42 -0700, "Califbill"
wrote:
"L G" wrote in message
...
wf3h wrote:
On Wed, 15 Jun 2011 10:45:39 -0700, "Califbill"
wrote:
"wf3h" wrote in message
...
On Tue, 14 Jun 2011 21:56:34 -0700, "Califbill"
wrote:
meaningless. and he IS a kluxer
He seems to have a better understanding of Econ
101 than 95% of the rest of the politicians and most of the public also.
He
will not be President, but would make one hell of an advisor. Probably
the
best candidate and will also not get the nod, is Newt G. He was the one
who
balanced Clinton's budgets. The Contract with America was one of the
best
things that happened to WJC.
the contract ON america you mean. the continued war of the right
against the ameircan middle class
Reply:
No the war on the middle class is the insane overspending by almost all
the
Congress's for 50 years. And the inflation that it has caused. 1968, a
middle class family had an income of about $14k. Could buy a house and
car
and decent vacation. 43 years later, that is 1/2 of poverty level. The
Contract with America was to allow those middle class to have the value
of
the money they earned. Not having to keep sending more to Washington,
D,C.
to pay for bloated government. One of the only places in the USA that
has
not seen a housing bust is the DC area. Lots of money there.
funny the rich seem to be doing OK. they had a 500% pay increase in
the last 30 years.
so why are they doing fine and the rest of us are headed for poverty?
answer: that's what the right wing wants for the US
It's actually related to education and work ethic - both that don't
come easy. I'll pay you to wash and wax my $60K cars if that helps.
Reply:
Actually not. More related to how closely tied to big government you are.
Tyson Foods donates lots of campaign money, along with ADM getting lots of
subsidies from government. Wall Street is an advisor to the government, so
they make the rules they need to rip of the rest of the people. Look at
Obama and the too big to fail banks. He and his advisors, that come from
those firms have made them bigger.
That would be Bush and his advisors, since TARP was envisioned and
implemented initially during Bush's administration.
The authority of the United States Department of the Treasury to
establish and manage TARP under a newly created Office of Financial
Stability became law October 3, 2008.
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