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Default 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.
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Default 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.
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Default 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.
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Default 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.


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Default 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.
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Default the success of the bush tax cuts

In article ,
says...

On Wed, 08 Jun 2011 01:09:25 -0400,
wrote:

On Tue, 07 Jun 2011 20:18:04 -0400, wf3h wrote:

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.


Obama has been in office over 2 years and he had a filibuster proof
senate along with the house for several months.


well no. the budget is the function of the house and it was not
filibuster proof

but, then, you simply say it's the black guy's fault

and i notice you said zip about the 30 year history of the rape of the
US by your friends


You keep spewing this crap, hoping somebody will be dumb enough to
believe it. The fact is, for the last 40 years the democrats have either
been in control of two or all three (house, senate, whitehouse) more
than the republicans with times of all three when the republicans have
not had that advantage at all. You really need to read up on some simple
history before you blame the consistently minority party...



Why didn't the
democrats repeal those cuts? In fact the democrats extended them when
they expired. All Obama had to do was veto that bill.


as you yourself noted....

they couldnt. so again, it's the black guy's fault...





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Team Rowdy Mouse, Banned from the Mall for life!
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First recorded activity by BoatBanter: Feb 2011
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Default the success of the bush tax cuts

In article ,
says...

On Tue, 07 Jun 2011 23:32:11 -0700,
wrote:

On Wed, 08 Jun 2011 01:09:25 -0400,
wrote:

On Tue, 07 Jun 2011 20:18:04 -0400, wf3h wrote:

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.

Obama has been in office over 2 years and he had a filibuster proof
senate along with the house for several months. Why didn't the
democrats repeal those cuts? In fact the democrats extended them when
they expired. All Obama had to do was veto that bill.

These are now the Obama tax cuts, along with a 14% cut in the FICA
tax. He had doubled down on the Bush tax policy.


It's a bit more nuanced than that, but basically you're right. The
nuance includes both lack of Dem backbone and Republican
obstructionism (the "filibuster" proof senate isn't much of an
argument, since there are wide range of Dems).


now THAT is strue. as folks point out, the dems are far less united in
their hatred of the middle class than the GOP is. the 1st order of
business of the GOP is to destroy the middle class


You can say it all you want, but Pelosi, Reid, Obama, his cabinet, and
the rest have said they would raise gas prices to "price us away from
petrol fuels" and they have done exactly as they said they would..

--
Team Rowdy Mouse, Banned from the Mall for life!
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