Bush, on fundraising tour, touts economy's potential (make tax cuts permanent)

[UpInArms]

Source: Associated Press

MESA, Ariz. - President Bush, sounding upbeat as consumer confidence swooned, said Tuesday that the government's effort to stimulate the economy is just starting to kick in.

"It's going to make a positive contribution to economic growth," Bush declared, referring to a package of rebate checks for families and tax breaks for business. The most tangible part of the deal — checks in people's mailboxes — began arriving this month.

Bush's reassurance came as a new report put consumer confidence at its lowest level in almost 16 years. Soaring gas prices and gloomy job prospects were largely to blame.

<snip>

And Bush brought up a familiar call, prodding Congress to extend his first-term tax cuts, which are due to expire in 2010. The Democratic-led Congress has shown little interest.

"We have times of economic uncertainty right now," Bush said after taking a quick tour of the company's plant. "And what creates more uncertainty for owners of businesses like these is whether or not their taxes are going to go up. And Congress ought to just declare once and for all we're going to make the tax cuts we passed permanent."

Read more: http://news.yahoo.com/s/ap/20080527/ap_on_bi_ge/bush

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the one-trick pony rides again

:eyes:

[SpiralHawk]

1. "Permant cuts for republicon Have-Mores; doodley squat for noisy proles. Smirk." - Commander AWOL

[Javaman]

2. he's* fucking insane. nt

[salin]

3. demonstrating once again, for anyone paying attention,

that he cynically is too lazy to be intellectually engaged enough to understand his own policies' effects on the economy and on most folks day to day living economics.

[Skittles]

4. tax cuts for the rich and war

:puke:

[VWolf]

5. Yeah, this economy's got potential

for disaster.

[Joe Bacon]

6. Love those BORROW and SPEND Republicans

Isn't it nice to know that the "Red Menace" these idiots have bullshitted about for years is really all that RED INK they spilled.

[tanyev]

7. He's like a gambling addict sitting at a slot machine for the last 7 1/2 years.

"It's gonna pay off any minute now."