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Have $7,000-found $342-- and go on spending binge?

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swinney Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-30-04 02:24 PM
Original message
Have $7,000-found $342-- and go on spending binge?
How can they? D let Bush get by with such junk.

He went all over this nation saying his tax cuts were responsible for economic recovery.

So dumb.

His tax cuts for 2002-2002-2003 put 342 Billion in our pockets.

Our GDP is over 10,000 Billion.

The Consumer Spending Part is about 7,000.

342 of 7,000 is insignificant. Low interest rates created spending.

How can we let him keep saying such junk.

I am confused.

In 2000 the Repubs said 1,000 times "Gore Credibility Gap".

Where is that type one liner to use on Bush 1,000 times.

Any one liners? Tell John Kerry.

DNC is waste of time . They have one interest. Campaign money.

They aren't an attack group. "Gimmie" Group.

Where is coordinated "attack " group? Say same thing over and over.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-30-04 02:28 PM
Response to Original message
1. Consumers make 70% of our economic spending. now consider:
The poor have nothing to spend and the rich won't spend. It's up to the middle class.

Notice how corporations and politicians are shifting the tax burden to the middle class.

Now consider how corporations are outsourcing well paying middle class jobs outside this country.

Housing prices have skyrocketed while interest rates dropped. Wait until housing prices remain ridiculously high when interest rates rise. Not to mention all the acres of farmland being sold for homes development because the farmer wanted to make some money...

Can you spell "utter collapse", mister Bush*? I thought not.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-30-04 03:48 PM
Response to Reply #1
2. It's worse than that
The US is the only country in the world actively trying to drive down the wages its people earn. They seem to expect us to end up earning third world wages while continuing to pay first world prices. Meanwhile, all social spending is being cut beyond all reason. Their only ideas about the deficit include raising income taxes on the overburdened working class, already suffering with 40% of their FICA going into the general fund with their income taxes, and cutting grants to the states so that the states will get the blame for raising taxes!

This country will have some hard choices ahead: go bankrupt and end all social spending and create another Great Depression or re institute a progressive taxation system while putting the Pentagon on a strict diet.

What we can't do is sustain the present system, something even the plutocrats are telling the rigid little ideologues in power. They've set us on a road to economic feudalism, and it is a dead end for the rich as well as the poor.
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onethatcares Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-30-04 04:12 PM
Response to Reply #2
3. 400billion for defense, against what???
gaud damnit, what the hell is the money used for????? I already know about unfounded wars and nation building. What the hell do they spend that kind of money on????
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kiahzero Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-30-04 04:15 PM
Response to Reply #3
4. At least some of it goes to
healthcare, schools, and salaries.
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Stephanie Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-30-04 04:20 PM
Response to Original message
5. Bush needs to go to Debtors Anonymous
Because all he does is go on spending sprees and run up the national debt.
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