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#1
posted to rec.boats
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the success of the bush tax cuts
while the ku klux clowns are blaming obama for bush's turning the
economy over to the chinese, let's look at the effects of 10 years of bush tax cuts http://motherjones.com/mojo/2011/06/...-bush-tax-cuts Between 2001 and 2010, the Bush tax cuts added $2.6 trillion to the public debt, 50 percent of the total debt accrued during that time. Over the past 10 years, the country has spent more than $400 billion just servicing the debt created by the cuts. Tax collections have plunged to their lowest share of the economy in 60 years. Between 2002 and 2007, employment increased by less than 1 percent when the economy was supposed to be expanding. Employment growth barely kept pace with population growth. Between the end of 2001, when the country was in a recession, and the peak of the real estate bubble, er, economic expansion in 2007, the US economy performed worse than at any time since the end of World War II. Median weekly earnings fell more than 2 percent between 2001 and 2007. Meanwhile, people making over $3 million a year, who account for just 0.1 percent of taxpayers, got an average tax cut of $520,000, more than 450 times what the average middle-income family received. ---------- and the right wing tells us how WONDERFUL this is...the rich are getting richer...the middle class, worthless scum that they are, are paying for it. as god intended. |
#2
posted to rec.boats
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the success of the bush tax cuts
On Jun 7, 9:18*pm, wf3h wrote:
while the ku klux clowns are blaming obama for bush's turning the economy over to the chinese, let's look at the effects of 10 years of bush tax cuts http://motherjones.com/mojo/2011/06/...-bush-tax-cuts Between 2001 and 2010, the Bush tax cuts added $2.6 trillion to the public debt, 50 percent of the total debt accrued during that time. Over the past 10 years, the country has spent more than $400 billion just servicing the debt created by the cuts. Tax collections have plunged to their lowest share of the economy in 60 years. Between 2002 and 2007, employment increased by less than 1 percent when the economy was supposed to be expanding. Employment growth barely kept pace with population growth. Between the end of 2001, when the country was in a recession, and the peak of the real estate bubble, er, economic expansion in 2007, the US economy performed worse than at any time since the end of World War II. Median weekly earnings fell more than 2 percent between 2001 and 2007. Meanwhile, people making over $3 million a year, who account for just 0.1 percent of taxpayers, got an average tax cut of $520,000, more than 450 times what the average middle-income family received. ---------- and the right wing tells us how WONDERFUL this is...the rich are getting richer...the middle class, worthless scum that they are, are paying for it. as god intended. Sure sounds like the rich & their politician puppets want to 'get theirs' before the house of cards tumbles down. |
#3
posted to rec.boats
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the success of the bush tax cuts
On 07/06/2011 6:18 PM, wf3h wrote:
while the ku klux clowns are blaming obama for bush's turning the economy over to the chinese, let's look at the effects of 10 years of bush tax cuts http://motherjones.com/mojo/2011/06/...-bush-tax-cuts Between 2001 and 2010, the Bush tax cuts added $2.6 trillion to the public debt, 50 percent of the total debt accrued during that time. Over the past 10 years, the country has spent more than $400 billion just servicing the debt created by the cuts. Tax collections have plunged to their lowest share of the economy in 60 years. Between 2002 and 2007, employment increased by less than 1 percent when the economy was supposed to be expanding. Employment growth barely kept pace with population growth. Between the end of 2001, when the country was in a recession, and the peak of the real estate bubble, er, economic expansion in 2007, the US economy performed worse than at any time since the end of World War II. Median weekly earnings fell more than 2 percent between 2001 and 2007. Meanwhile, people making over $3 million a year, who account for just 0.1 percent of taxpayers, got an average tax cut of $520,000, more than 450 times what the average middle-income family received. ---------- and the right wing tells us how WONDERFUL this is...the rich are getting richer...the middle class, worthless scum that they are, are paying for it. as god intended. Where do you get this BS. Bush was not presiand dent in 2009 and 2010...unless of course he looked like Obama. As for debt spend, Obama has already added much more debt than Bush did in 8 years, problem is Obama isn't even through his first, and hopefully last term. Tax collections are low because producers are not making any money and with 8 million lost jobs off of 2006 Congress starting, plus replacement jobs are crap, well, you don't make it you don't get taxed on it. Bet a lot of people would love to go back to the 2002 and 2006 employment type stats. You know, before democratic congress of 2006 botched it up. There was no expansion in 2007, that is when the Congress was screwing with interest rates and market liquidity dried up. Hey, why should I lend money for nothing but a load of risk? Funny, and the top 20% of earners pay 80% of the taxes. So do you mean there is revenue in those 80% of the turnips? -- Government isn't the solution to the bad economy, it is the problem. |
#4
posted to rec.boats
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the success of the bush tax cuts
On Wed, 08 Jun 2011 00:54:12 -0600, Canuck57
wrote: On 07/06/2011 6:18 PM, wf3h wrote: while the ku klux clowns are blaming obama for bush's turning the economy over to the chinese, let's look at the effects of 10 years of bush tax cuts http://motherjones.com/mojo/2011/06/...-bush-tax-cuts Between 2001 and 2010, the Bush tax cuts added $2.6 trillion to the public debt, 50 percent of the total debt accrued during that time. Over the past 10 years, the country has spent more than $400 billion just servicing the debt created by the cuts. Tax collections have plunged to their lowest share of the economy in 60 years. Between 2002 and 2007, employment increased by less than 1 percent when the economy was supposed to be expanding. Employment growth barely kept pace with population growth. Between the end of 2001, when the country was in a recession, and the peak of the real estate bubble, er, economic expansion in 2007, the US economy performed worse than at any time since the end of World War II. Median weekly earnings fell more than 2 percent between 2001 and 2007. Meanwhile, people making over $3 million a year, who account for just 0.1 percent of taxpayers, got an average tax cut of $520,000, more than 450 times what the average middle-income family received. ---------- and the right wing tells us how WONDERFUL this is...the rich are getting richer...the middle class, worthless scum that they are, are paying for it. as god intended. Where do you get this BS. Bush was not presiand dent in 2009 and 2010...unless of course he looked like Obama. As for debt spend, Obama has already added much more debt than Bush did in 8 years, problem is Obama isn't even through his first, and hopefully last term. Tax collections are low because producers are not making any money and with 8 million lost jobs off of 2006 Congress starting, plus replacement jobs are crap, well, you don't make it you don't get taxed on it. Bet a lot of people would love to go back to the 2002 and 2006 employment type stats. You know, before democratic congress of 2006 botched it up. There was no expansion in 2007, that is when the Congress was screwing with interest rates and market liquidity dried up. Hey, why should I lend money for nothing but a load of risk? Funny, and the top 20% of earners pay 80% of the taxes. So do you mean there is revenue in those 80% of the turnips? I know were you got your stupid... suggestion: stop banging your head on the wall so much. |
#6
posted to rec.boats
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the success of the bush tax cuts
On Thu, 09 Jun 2011 12:12:30 -0600, Canuck57
wrote: On 08/06/2011 9:09 AM, wrote: On Wed, 08 Jun 2011 00:54:12 -0600, wrote: On 07/06/2011 6:18 PM, wf3h wrote: while the ku klux clowns are blaming obama for bush's turning the economy over to the chinese, let's look at the effects of 10 years of bush tax cuts http://motherjones.com/mojo/2011/06/...-bush-tax-cuts Between 2001 and 2010, the Bush tax cuts added $2.6 trillion to the public debt, 50 percent of the total debt accrued during that time. Over the past 10 years, the country has spent more than $400 billion just servicing the debt created by the cuts. Tax collections have plunged to their lowest share of the economy in 60 years. Between 2002 and 2007, employment increased by less than 1 percent when the economy was supposed to be expanding. Employment growth barely kept pace with population growth. Between the end of 2001, when the country was in a recession, and the peak of the real estate bubble, er, economic expansion in 2007, the US economy performed worse than at any time since the end of World War II. Median weekly earnings fell more than 2 percent between 2001 and 2007. Meanwhile, people making over $3 million a year, who account for just 0.1 percent of taxpayers, got an average tax cut of $520,000, more than 450 times what the average middle-income family received. ---------- and the right wing tells us how WONDERFUL this is...the rich are getting richer...the middle class, worthless scum that they are, are paying for it. as god intended. Where do you get this BS. Bush was not presiand dent in 2009 and 2010...unless of course he looked like Obama. As for debt spend, Obama has already added much more debt than Bush did in 8 years, problem is Obama isn't even through his first, and hopefully last term. Tax collections are low because producers are not making any money and with 8 million lost jobs off of 2006 Congress starting, plus replacement jobs are crap, well, you don't make it you don't get taxed on it. Bet a lot of people would love to go back to the 2002 and 2006 employment type stats. You know, before democratic congress of 2006 botched it up. There was no expansion in 2007, that is when the Congress was screwing with interest rates and market liquidity dried up. Hey, why should I lend money for nothing but a load of risk? Funny, and the top 20% of earners pay 80% of the taxes. So do you mean there is revenue in those 80% of the turnips? I know were you got your stupid... suggestion: stop banging your head on the wall so much. Pay your taxes boy. Oh, forget, you are a broke loser. Just hind sucking. I know you have trouble distinguishing gender... perhaps you can find your man parts if you look really hard. |
#7
posted to rec.boats
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the success of the bush tax cuts
On Wed, 08 Jun 2011 00:54:12 -0600, Canuck57
wrote: On 07/06/2011 6:18 PM, wf3h wrote: while the ku klux clowns are blaming obama for bush's turning the economy over to the chinese, let's look at the effects of 10 years of bush tax cuts http://motherjones.com/mojo/2011/06/...-bush-tax-cuts Between 2001 and 2010, the Bush tax cuts added $2.6 trillion to the public debt, 50 percent of the total debt accrued during that time. Over the past 10 years, the country has spent more than $400 billion just servicing the debt created by the cuts. Tax collections have plunged to their lowest share of the economy in 60 years. Between 2002 and 2007, employment increased by less than 1 percent when the economy was supposed to be expanding. Employment growth barely kept pace with population growth. Between the end of 2001, when the country was in a recession, and the peak of the real estate bubble, er, economic expansion in 2007, the US economy performed worse than at any time since the end of World War II. Median weekly earnings fell more than 2 percent between 2001 and 2007. Meanwhile, people making over $3 million a year, who account for just 0.1 percent of taxpayers, got an average tax cut of $520,000, more than 450 times what the average middle-income family received. ---------- and the right wing tells us how WONDERFUL this is...the rich are getting richer...the middle class, worthless scum that they are, are paying for it. as god intended. Where do you get this BS. Bush was not presiand dent in 2009 and 2010...unless of course he looked like Obama. his last budget was 2009, it was 1.2 trillion in debt and HIS tax cuts continue to fund the deficit. read the artice As for debt spend, Obama has already added much more debt than Bush did in 8 years, problem is Obama isn't even through his first, and hopefully last term. really? proof? oh. none. but he's black... Bet a lot of people would love to go back to the 2002 and 2006 employment type stats. You know, before democratic congress of 2006 botched it up.]] yep the asset bubble. a lie told to the US middle class by the right wing uh...how'd that work out? There was no expansion in 2007, that is when the Congress was screwing with interest rates and market liquidity dried up. Hey, why should I lend money for nothing but a load of risk? yep. the GOP congress and the GOP president screwed the US. Funny, and the top 20% of earners pay 80% of the taxes. So do you mean there is revenue in those 80% of the turnips? funny the top 20% have had a 500% increase in income in the last 30 years AND a 30% tax CUT tells you how much money they make while the middle class dies. |
#8
posted to rec.boats
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the success of the bush tax cuts
On 08/06/2011 3:41 PM, wf3h wrote:
and the right wing tells us how WONDERFUL this is...the rich are getting richer...the middle class, worthless scum that they are, are paying for it. as god intended. Where do you get this BS. Bush was not presiand dent in 2009 and 2010...unless of course he looked like Obama. his last budget was 2009, it was 1.2 trillion in debt and HIS tax cuts continue to fund the deficit. read the artice His cuts are inconsequential to the debt. Trouble is you fleabaggers should have paid more attention in math class. Your stupidity makes you sheep. As for debt spend, Obama has already added much more debt than Bush did in 8 years, problem is Obama isn't even through his first, and hopefully last term. really? proof? oh. none. but he's black... So tell us fleabagger, is that the reason or the excuse? Are you suggesting blacks don't pay their debts because they are black? My, you are racist. -- Government isn't the solution to the bad economy, it is the problem. |
#9
posted to rec.boats
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the success of the bush tax cuts
On Thu, 09 Jun 2011 12:16:26 -0600, Canuck57
wrote: On 08/06/2011 3:41 PM, wf3h wrote: and the right wing tells us how WONDERFUL this is...the rich are getting richer...the middle class, worthless scum that they are, are paying for it. as god intended. As for debt spend, Obama has already added much more debt than Bush did in 8 years, problem is Obama isn't even through his first, and hopefully last term. really? proof? oh. none. but he's black... So tell us fleabagger, is that the reason or the excuse? Are you suggesting blacks don't pay their debts because they are black? you tell me, kluxer My, you are racist. yeah you rabid racists generally say that anyone who isnt pro white is a racist |
#10
posted to rec.boats
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the success of the bush tax cuts
On 07/06/2011 6:18 PM, wf3h wrote:
while the ku klux clowns are blaming obama for bush's turning the economy over to the chinese, let's look at the effects of 10 years of bush tax cuts http://motherjones.com/mojo/2011/06/...-bush-tax-cuts Between 2001 and 2010, the Bush tax cuts added $2.6 trillion to the public debt, 50 percent of the total debt accrued during that time. Over the past 10 years, the country has spent more than $400 billion just servicing the debt created by the cuts. Tax collections have plunged to their lowest share of the economy in 60 years. Between 2002 and 2007, employment increased by less than 1 percent when the economy was supposed to be expanding. Employment growth barely kept pace with population growth. Between the end of 2001, when the country was in a recession, and the peak of the real estate bubble, er, economic expansion in 2007, the US economy performed worse than at any time since the end of World War II. Median weekly earnings fell more than 2 percent between 2001 and 2007. Meanwhile, people making over $3 million a year, who account for just 0.1 percent of taxpayers, got an average tax cut of $520,000, more than 450 times what the average middle-income family received. ---------- and the right wing tells us how WONDERFUL this is...the rich are getting richer...the middle class, worthless scum that they are, are paying for it. as god intended. Do the math fleabagger. Oh wait, I forgot, fleabaggers are mentally challenged so lets summarize it. Now 0.1% is 1:1000. Only about 100M taxpayers. That means the claim is 100,000 people make over $3M/year. First, I seriously question that number as being far too high, but lets go with it. 100,000 * .5M is only $50B so.... with a $1600B overspend, where do you suggest the other $1550B comes from? Fact of the mater is you fleabaggers are stupid envious greedy slugs. And your not so benevolent leaders use your gullibility against you, makes you good little manipulated sheep. Now for the management principle here, taught in MBA and political degrees: guide them to envy/hate others and they will hate you less. Even school kids know this. But alas, you are a stupid fleabagger. -- Government isn't the solution to the bad economy, it is the problem. |
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