Everything that is wrong with the economy is not the Democrats fault but 99.999% is.
The Democrats will not allow exploration for oil in the US... they will not allow large portions of US federal lands to be utilized in any manner that could produce jobs or energy. Large quantities of natural gas are located on federal lands. Democrats will not allow the use of the natural gas and as a result it is over $8 a unit... Mexico and Canada have natural gas at less than $3 a unit and wonder why businesses move to Canada and Mexico as they spend tax dollars to help US citizens heat their homes because the heating costs are high.
Unions, and backing of unions have destroyed the Airline and Automotive industries and have increased the cost while reducing the value when unions were allowed in state and federal government.
Taxing businesses kills business. The tax cost is simply passed along to the citizen when they purchase the finished product. As long as other nations don't tax business then taxing business encourages businesses to move to those countries that don't tax business.
Both parties subsidise farmers for wrong reasons, like corn for ethanol, peanuts, goat wool and more that are merely an exchange for votes.
"The man who reads nothing at all is better educated than the man who reads nothing but newspapers."
---Thomas Jefferson (or as Al Sharpton calls him: Grandpappy)
here is how Dems will stimulate the economy. A $1 trillion tax increase
http://www.politico.com/blogs/bensmi...ax_attack.html
Why are you so fascinated with a person getting water-boarded? What does that have to do with stimulus to the economy?
A bunch of rich, smart white guys built some ships and navigated the ships to North America and established some colonies... they killed the former residents that resisted their "rights" to do so. Then they had a war with the richer white guy who made it possible for them to come in the first place and won... They winners then established the rule of laws we live under and every person that has violated a law or treaty since then has been punished. Bull crap! What about the treaties with the American Indians that were violated? What about the superior US army force against a weak Mexican force that established our southern border?
If someone is really concerned about rule of law then they should support giving back everything illegally taken west of the original 13 colonies.
Get back on topic about the economy and stop acting like you are far removed from those who took this land by force against another human owner. If you believe in the rule of law then you should support giving it all back since it was illegally taken, You seem to be trapped in a United Nations dream interlocked with the lyrics of the song Imagine... no borders, no God just everyone living in perfect harmony... duh
"The man who reads nothing at all is better educated than the man who reads nothing but newspapers."
---Thomas Jefferson (or as Al Sharpton calls him: Grandpappy)
Back to the topic at hand
If Obama tax hike was not enough - here is another huge tax increase wiating for all of us
The trillion dollar tax fight
By: Lisa Lerer
Oct 9, 2007 06:05 AM EST
By now, everyone knows Rep. Charles B. Rangel is poised to introduce the “mother” of all tax reforms, the biggest and most expensive tax code overhaul since 1986. But what they don’t know is how the New York Democrat plans to pay the more than $1 trillion price tag — and that uncertainty is fueling rampant speculation from Capitol Hill to K Street.
The classic Washington guessing game is frustrating anxious corporate lobbyists but amusing others, including the House Ways and Means Committee chairman who started it all. “It is surprising how nervous people get when I use the words ‘fairness’ and ‘equity’ to describe our efforts to simplify the tax code and encourage economic investment,” the New York Democrat told Politico.
The fiscal fortunetellers fall into four categories: Robin Hoods, Goldilockses, Chicken Littles and Scarecrows.
The Robin Hoods predict Rangel will increase taxes on the very rich and expand breaks for the poor. Rangel’s most talked-about goal is to eradicate the alternative minimum tax, expected to hit 23 million high- and middle-income families this year.
http://www.politico.com/news/stories/1007/6250.html
I don't think borrowing money from other countries to pay for building up our economy is such a great idea. I think we should shut down large portions of discretionary government. End unions in government. Develop domestic energy, all sources of energy.
No tax on business and a minimum tax on all purchases to fund essential government functions.
America should not be around the world influencing other nations if it cannot fund the money given to other nations from earned tax revenues.
Until we develop our own energy and guarantee fair trade we will be in debt to the world and some day the world will collect their debts.
"The man who reads nothing at all is better educated than the man who reads nothing but newspapers."
---Thomas Jefferson (or as Al Sharpton calls him: Grandpappy)
Last edited by red states rule; 01-20-2008 at 08:41 AM.
In reality, the Dems have a plan to stimulate inflation
Liberals' Plan to Stimulate Inflation
Liberals propose to follow the same game plan that gave us stagflation in the 1970s.
Read More...
As success with the military surge in Iraq increasingly belies their claim that the war is already irretrievably lost, liberals have changed the subject from Iraq to the economy and the rising possibility of a recession. Liberal Republicans and Democrats, as usual, prescribe Federal deficit spending and higher taxes on “the rich.”
That is the doctrine of Keynesian economics, which advocates consumer spending as the exclusive highway to full employment and prosperity. According to Keynes, consumer and business savings must be offset by massively increased Federal spending. What the money is spent for doesn’t matter; just flood the market with money created by bookkeeping entries at the Federal Reserve banks.
Keynesian economics failed to end the Depression. Its repetition, as we saw in the bitter experience of Great Society stagflation in the 1970s, discouraged investment in projects of long term value and led to speculations that promised high rates of return in the short-run.
For example, during the 1970s stagflation, is was only marginally profitable to build rental apartments, because the rate of return on those investments was far below the inflation rate. What occurred, instead, was an unprecedented boom in hotel construction, because room rates could be increased every day. By 1980, there was a shortage of rental apartments and an oversupply of hotels.
for the complete article
http://www.thomasbrewton.com/
Think about this... $1 billion dollars is 1,000 million dollars and the President has recommended a economy bost by using $140 billion dollars that is 140 thousand millions...There are only about 150 thousand million workers in America.
Why not give a million dollars to every worker that doesn't have a million dollars already and be done with it?
"The man who reads nothing at all is better educated than the man who reads nothing but newspapers."
---Thomas Jefferson (or as Al Sharpton calls him: Grandpappy)
Did I do my math wrong or what? That seems like there is enough money being floated on this stimulus to do a check for every legal worker of nearly 3/4 million dollars. If they are only going to give "adults" that pay taxes $800.00 each then that means they plan to give a lot of money to someone else.
My math must be wrong but I think we can't have much more than 150 million workers since we have much less than 325 million citizens... many are retired and many are children and, many work two or more jobs.
Edited to add: My math is wrong: To give 150 million people $1 dollar each would cost $150 million so to give them $1,000 each would cost $150 billion. So the $200 dollars is going to businesses and unemployment I guess.
Last edited by Classact; 01-20-2008 at 09:48 AM.
"The man who reads nothing at all is better educated than the man who reads nothing but newspapers."
---Thomas Jefferson (or as Al Sharpton calls him: Grandpappy)
You see, if we just give money to the legal workers, then you are a racist. Why should the illegals be left out?
Why not give the money to retired folks as well. Do you want to snub the old folks?
We can't forget about children either. We would have to give them a check so they can buy that new vido game and maybe set aside some for college
And if folks are working more then one job - why should they get only one check? Why not a check for each job they are holding?
This is how the left will pick apart your idea.