The tax cuts are speeding up the economy and that's a fact.

The GDP grew at a rate of over 7% in the third quarter.
This represents a rate only equaled 19 years ago after
President Reagan's tax cuts.

If you want a thriving economy just allow the people to
keep their money. They will certainly spend it.

S.Simon


"two wheels" wrote in message ...
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Hash: SHA1

When the economy is humming along, the deficit cures itself. That's
what the tax cuts were for--to prime the economic pump. Tax and
tariff policy is about the only power government has over the
economy. They can slow down the economy with tax increases (as in
California) or speed it up with tax cuts. That's it.

two wheels


http://story.news.yahoo.com/news?tmp...id=749&e=1&u=/
nm/20031030/bs_nm/economy_dc

Economy Rocketed Ahead in 3rd Quarter
By Tim Ahmann

excerpt:
- ----------------------

WASHINGTON (Reuters) - The U.S. economy rocketed ahead at its
fastest pace in more than 19 years in the third quarter of 2003 as
consumers, their wallets fattened by tax cuts, went on a buying
spree, an unexpectedly strong government report showed on Thursday.

U.S. gross domestic product surged at a 7.2 percent annual rate in
the July-September period, the Commerce Department said. It was the
steepest climb since the first quarter of 1984 and more than double
the second quarter's 3.3 percent rate.

Three other reports on Thursday also suggested a firmer recovery was
taking root -- new claims for jobless benefits and a help-wanted
index suggested some stability in the labor market, while companies
spent more on wages and benefits.

The jump in GDP (news - web sites) growth, which also reflected a
big gain in business spending, outstripped forecasts on Wall Street,
where economists had looked for a rise closer to 6 percent.

- ----------------------



On Thu, 30 Oct 2003 12:31:56 -0500, "Schoonertrash"
wrote:

So what? Does it matter? Of course not. It hasn't mattered for
well over
sixty years. Didn't matter under Clinton, Bush Sr. Reagain,
Carter, Ford,
Johnson, Nixon (did I leave out anyone?), Eisenhower . . .
correction . ..
Nixon did something to correct it partially and Kennedy tried to do
so.

Measured against GNP as a percentage it's nothing. That's the
arguement
Doug used on me last time. Once you invoke that you are home
free. The
rest is just silliness like worrying about five or ten nukes in N.
Korea.
Hell . . .I'm used to worrying about ten thousand plus of the
things pointed
at me. Neither do I worry about the National Debt or the annual
budger
imbalances . .. .


[SNIP]


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The GDP grew at a rate of over 7% in the third quarter.

During the same period, an additional 41,000 jobs were lost.

Don't forget wage freezes, salary cuts, factory closings and benefit
losses...all at record highs.

Capt RB

And during the same period how many new jobs were created or restored? What
is the baseline? In and of itself the figures are meaningless without some
sort of definition of meaning.

Easy way to create jobs? Enforce the criminal alien laws and keep the jobs
for Americans. Some, the anti-labor faction primarily, say that Americans
will not do this sort of work. At criminal alien wage levels of course not.
But do you REALLY think McDonalds is going to close up if they can't pay low
rates to illegals? Not hardly. What will happen is the wages will rise to
their natural level until the jobs are filled or some sort of machine will
be installed to do the same job. Which translates into income for those who
invent, manufacture, market, install and maintain those machines. Those who
encourage the invasion of illegals willing to work for pennies (can't blame
them actually) accomplish an artificial depression of wage levels, steal
jobs from US Citizens, and encourage the use of illegal labor . They also
cheat society out of tax income. Sales tax, income tax etc. etc. etc. All
so people like Bobspit and his cronies can buy 99 cent burgers instead of
spending $1.49. That's really COLD!

Of course when you are personally selfish, uncaring and greedy promoting the
'general' welfare doesn't matter. Only 'self' matters.

We need to promote family wage grade jobs for all of our citizens .. . not
just the greedy few who would exploit their fellow citizens and the
illegals.

MST

Yes, war spending has that effect!

Cheers MC

Simple Simon wrote:

The tax cuts are speeding up the economy and that's a fact.

The GDP grew at a rate of over 7% in the third quarter.
This represents a rate only equaled 19 years ago after
President Reagan's tax cuts.

If you want a thriving economy just allow the people to
keep their money. They will certainly spend it.

S.Simon


"two wheels" wrote in message ...

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

When the economy is humming along, the deficit cures itself. That's
what the tax cuts were for--to prime the economic pump. Tax and
tariff policy is about the only power government has over the
economy. They can slow down the economy with tax increases (as in
California) or speed it up with tax cuts. That's it.

two wheels


http://story.news.yahoo.com/news?tmp...id=749&e=1&u=/
nm/20031030/bs_nm/economy_dc

Economy Rocketed Ahead in 3rd Quarter
By Tim Ahmann

excerpt:
- ----------------------

WASHINGTON (Reuters) - The U.S. economy rocketed ahead at its
fastest pace in more than 19 years in the third quarter of 2003 as
consumers, their wallets fattened by tax cuts, went on a buying
spree, an unexpectedly strong government report showed on Thursday.

U.S. gross domestic product surged at a 7.2 percent annual rate in
the July-September period, the Commerce Department said. It was the
steepest climb since the first quarter of 1984 and more than double
the second quarter's 3.3 percent rate.

Three other reports on Thursday also suggested a firmer recovery was
taking root -- new claims for jobless benefits and a help-wanted
index suggested some stability in the labor market, while companies
spent more on wages and benefits.

The jump in GDP (news - web sites) growth, which also reflected a
big gain in business spending, outstripped forecasts on Wall Street,
where economists had looked for a rise closer to 6 percent.

- ----------------------



On Thu, 30 Oct 2003 12:31:56 -0500, "Schoonertrash"
wrote:


So what? Does it matter? Of course not. It hasn't mattered for

well over

sixty years. Didn't matter under Clinton, Bush Sr. Reagain,

Carter, Ford,

Johnson, Nixon (did I leave out anyone?), Eisenhower . . .

correction . ..

Nixon did something to correct it partially and Kennedy tried to do

so.

Measured against GNP as a percentage it's nothing. That's the

arguement

Doug used on me last time. Once you invoke that you are home

free. The

rest is just silliness like worrying about five or ten nukes in N.

Korea.

Hell . . .I'm used to worrying about ten thousand plus of the

things pointed

at me. Neither do I worry about the National Debt or the annual

budger

imbalances . .. .


[SNIP]


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71q1Rr2jByjpLPvlm6yZ/4Y=
=TnEI
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You need a refresher course in Macro Economics.

"two wheels" wrote in message
...
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

When the economy is humming along, the deficit cures itself. That's
what the tax cuts were for--to prime the economic pump. Tax and
tariff policy is about the only power government has over the
economy. They can slow down the economy with tax increases (as in
California) or speed it up with tax cuts. That's it.

two wheels


http://story.news.yahoo.com/news?tmp...id=749&e=1&u=/
nm/20031030/bs_nm/economy_dc

Economy Rocketed Ahead in 3rd Quarter
By Tim Ahmann

excerpt:
- ----------------------

WASHINGTON (Reuters) - The U.S. economy rocketed ahead at its
fastest pace in more than 19 years in the third quarter of 2003 as
consumers, their wallets fattened by tax cuts, went on a buying
spree, an unexpectedly strong government report showed on Thursday.

U.S. gross domestic product surged at a 7.2 percent annual rate in
the July-September period, the Commerce Department said. It was the
steepest climb since the first quarter of 1984 and more than double
the second quarter's 3.3 percent rate.

Three other reports on Thursday also suggested a firmer recovery was
taking root -- new claims for jobless benefits and a help-wanted
index suggested some stability in the labor market, while companies
spent more on wages and benefits.

The jump in GDP (news - web sites) growth, which also reflected a
big gain in business spending, outstripped forecasts on Wall Street,
where economists had looked for a rise closer to 6 percent.

- ----------------------



On Thu, 30 Oct 2003 12:31:56 -0500, "Schoonertrash"
wrote:

So what? Does it matter? Of course not. It hasn't mattered for
well over
sixty years. Didn't matter under Clinton, Bush Sr. Reagain,
Carter, Ford,
Johnson, Nixon (did I leave out anyone?), Eisenhower . . .
correction . ..
Nixon did something to correct it partially and Kennedy tried to do
so.

Measured against GNP as a percentage it's nothing. That's the
arguement
Doug used on me last time. Once you invoke that you are home
free. The
rest is just silliness like worrying about five or ten nukes in N.
Korea.
Hell . . .I'm used to worrying about ten thousand plus of the
things pointed
at me. Neither do I worry about the National Debt or the annual
budger
imbalances . .. .


[SNIP]


-----BEGIN PGP SIGNATURE-----

iD8DBQE/oVKg0IEDbd7J/jkRAjIIAJ9iEQBsx59F7tzVYCdl0kchrdJIdwCg/KGK
71q1Rr2jByjpLPvlm6yZ/4Y=
=TnEI
-----END PGP SIGNATURE-----

Exactly. And, 3.5 million jobs have been lost in this
administration. More per annum I believe since Herbert
Hoover was in office.

wrote in message
...
On Thu, 30 Oct 2003 15:32:58 -0500, "Simple Simon"
wrote:

The GDP grew at a rate of over 7% in the third quarter.

During the same period, an additional 41,000 jobs were lost.

BB

And, don't forget the impossible situation with medical
insurance with 41 million people un- or under-insured.

"Bobsprit" wrote in message
...
The GDP grew at a rate of over 7% in the third quarter.

During the same period, an additional 41,000 jobs were lost.

Don't forget wage freezes, salary cuts, factory closings and benefit
losses...all at record highs.

Capt RB

So, you're saying that you would like to work as a farm worker?

Now if you're talking about exporting work to say India, then
we might have a meaningful discussion.

"Schoonertrash" wrote in message
...
And during the same period how many new jobs were created or restored?
What
is the baseline? In and of itself the figures are meaningless without
some
sort of definition of meaning.

Easy way to create jobs? Enforce the criminal alien laws and keep the
jobs
for Americans. Some, the anti-labor faction primarily, say that Americans
will not do this sort of work. At criminal alien wage levels of course
not.
But do you REALLY think McDonalds is going to close up if they can't pay
low
rates to illegals? Not hardly. What will happen is the wages will rise
to
their natural level until the jobs are filled or some sort of machine will
be installed to do the same job. Which translates into income for those
who
invent, manufacture, market, install and maintain those machines. Those
who
encourage the invasion of illegals willing to work for pennies (can't
blame
them actually) accomplish an artificial depression of wage levels, steal
jobs from US Citizens, and encourage the use of illegal labor . They also
cheat society out of tax income. Sales tax, income tax etc. etc. etc.
All
so people like Bobspit and his cronies can buy 99 cent burgers instead of
spending $1.49. That's really COLD!

Of course when you are personally selfish, uncaring and greedy promoting
the
'general' welfare doesn't matter. Only 'self' matters.

We need to promote family wage grade jobs for all of our citizens .. . not
just the greedy few who would exploit their fellow citizens and the
illegals.

MST

Funny thing is there is plenty of work in my industry. We couldn't fill all
the available jobs. Even offering a $3,000 sign up bonus and a 25% pay
bonus didn't come close to filling the available jobs in one company.
Course you have to be willing to actually work . . . . . .sticking point
with some I'm sure. And where else could a high school graduate start out
making $25K to $30K per year AFTER taxes and expenses plus room and board
and medical thrown in no extra charge. A year or so later that income is up
to $50K AFTER taxes and expenses. Start young and work your way up and
salaries of $200,000 plus a year are not all that uncommon. Sad to say I'm
not young but that's all right.

For me it's never been better and the best part is all that I earn now is
mine . . . and that was the best bonus of all!

Three cheers for the GREAT economy!

Smiling Michael

I pay $230 a year for the supplement to my primary insurance. That policy
cost me 20 years of work initially to earn. I pay about $70 a year for
Divers Assistance Network diving and medevac for any reason from anywhere in
the world. Through the union I have complete coverage on yet another policy
for 120 days of work the first year and 60 days minimum every year
thereafter. So . . .lets see . . . .two complete policies plus the DAN
costs me . . ..carry the 7 and .. oh yes . . . .$300 per year or $25 per
month and at least 60 count them 60 whole days of work. 'course . . .you
gotta be willing to actually work but in my industry there's plenty of it.
And if I was to go down THAT road again insurance for family (any number
from one to whatever) would be another $230 a year with no pre existing
condition exclusions.

WHAT insurance problems?

What? Easy for me to say? hmmmmmm True! But then of course, not
belonging to the privileged classes, I had to go out and work for it.

It ain't rocket science.

Have a nice day

MST