Did you know...
On Sat, 23 Jul 2011 00:12:33 -0600, Canuck57
wrote:
On 22/07/2011 6:08 PM, TopBassDog wrote:
... that FDR's New Deal solved the Great Depression? Actually, it
didn't. It's uncertainty, big spending, and regulation that prolonged
the Depression. FDR's Treasury Secretary, Henry Morgenthau, admitted:
"We have tried spending money. We are spending more than we have ever
spent before and it does not work."
Did you know that Herbert Hoover made the Depression worse because as
president...he did nothing? The Washington Post believes that. In
2008, the paper claimed GW Bush was "today's Herbert Hoover" because
of his "dogged resistance to assisting anybody." Actually, Hoover
increased spending by 53.5% during his presidency. He signed bad big-
government bills like the Davis-Bacon Act and the Smoot-Hawley Tariff.
He started huge public works projects like the Hoover Dam. Hoover was
a big spender -- like Obama.
It isn't just the debt it is the whole fraud way it is being handled
since 2007 with the democrat congress and Bernanke fraud. Low interest
rates has a lot to do with this.
the right wing thinks obama was president in 2007. they ignore bush's
trillion dollar war and bush's multitrillion dollar tax cuts
but bush is white....
So with low rates, business can earn less and pay less taxes.
let's see...US businesses are sitting on record profits
taxes are at their lowest in 60 years
how many jobs are being create? oh. none.
and the right thinks we need to cut taxes on business so they can have
MORE money so they dont create jobs
Materially not much has changed with he rate of taxation since 2006.
Bit today in real dollars the revenue from income is 2/3rd of what it
was in 2006. Yep, a 1/3rd decrease in earnings and tax generating
taxable wealth. Heck, government doesn't even get to tax interest and
dividends as much.
proof? oh. none
Add in Obama on a spending binge, well, fast road to Bankrupt USA.
obama's spending
oh. he doesnt tell us. he just says obama's doing it
but BUSH got us in atrillion dollar war
BUSH gave away TRILLIONS In tax cuts to the rich
but bush is WHITE....
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