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Anybody catch GB speech on meet the press?

Original post by NYCHICK

Well I just thought his response to the men and women killed in Iraq was priceless. Does he really think he is goin to get re-elected????
kel2004 Posted:

Re: Anybody catch GB speech on meet the press?

I don't think I was taking it up the a$$ last year when I cashed my check from the government, the result of Bush's tax cuts.

Sassyz75 Posted:

Re: Anybody catch GB speech on meet the press?

That $400 check you got was at the insistence of the DEMOCRATS who wouldn't have passed his tax cuts (the majority of which were for the richest 15% of the population) without that concession...

This man is ruining our economy- looking the other way (actually ALLOWING) corporate fraud and insider trading (especially since he himself has done it in the past).. he is pretty much looking to RIP down every social safety net this country has since FDR and is paving the way for only income to be taxed- not any money earned via investments.
yabbobay Posted:

Re: Anybody catch GB speech on meet the press?

I have to admit...I don't like the way the economy is heading...


while it is on an upswing from a recession...going billions in debt is not the way to do it...


look at some of the transcripts from cabinet meetings and Cheney in FAVOR of having a large deficit like Reagan...with no Cold War to back it...they are trying to compare the 'Axis of Evil' to the battle of the superpowers...

the former USSR could have blown the world up 20 times...yet we cannot find one lousy stinking factory that could have been used possibly for making weapons...




Jordan Posted:

Re: Anybody catch GB speech on meet the press?

You can't find what isn't there....


I agree with Sassy 100%.
Sassyz75 Posted:

Re: Anybody catch GB speech on meet the press?

From Paul Krugman, economist & Professor from Princeton:

Meanwhile, wealthy Americans have seen a sharp drop in their tax burden. The top tax rate -- the income-tax rate on the highest bracket -- is now 35 percent, half what it was in the 1970's. With the exception of a brief period between 1988 and 1993, that's the lowest rate since 1932. Other taxes that, directly or indirectly, bear mainly on the very affluent have also been cut sharply. The effective tax rate on corporate profits has been cut in half since the 1960's. The 2001 tax cut phases out the inheritance tax, which is overwhelmingly a tax on the very wealthy: in 1999, only 2 percent of estates paid any tax, and half the tax was paid by only 3,300 estates worth more than $5 million. The 2003 tax act sharply cuts taxes on dividend income, another boon to the very well off. By the time the Bush tax cuts have taken full effect, people with really high incomes will face their lowest average tax rate since the Hoover administration.

...During the 2000 campaign and the initial selling of the 2001 tax cut, the Bush team insisted that the federal government was running an excessive budget surplus, which should be returned to taxpayers. By the summer of 2001, as it became clear that the projected budget surpluses would not materialize, the administration shifted to touting the tax cuts as a form of demand-side economic stimulus: by putting more money in consumers' pockets, the tax cuts would stimulate spending and help pull the economy out of recession. By 2003, the rationale had changed again: the administration argued that reducing taxes on dividend income, the core of its plan, would improve incentives and hence long-run growth -- that is, it had turned to a supply-side argument.

...the 2001 tax cut, once fully phased in, will deliver 42 percent of its benefits to the top 1 percent of the income distribution. (Roughly speaking, that means families earning more than $330,000 per year.) The 2003 tax cut delivers a somewhat smaller share to the top 1 percent, 29.1 percent, but within that concentrates its benefits on the really, really rich. Families with incomes over $1 million a year -- a mere 0.13 percent of the population -- will receive 17.3 percent of this year's tax cut, more than the total received by the bottom 70 percent of American families. Indeed, the 2003 tax cut has already proved a major boon to some of America's wealthiest people: corporations in which executives or a single family hold a large fraction of stocks are suddenly paying much bigger dividends, which are now taxed at only 15 percent no matter how high the income of their recipient.
Sassyz75 Posted:

Re: Anybody catch GB speech on meet the press?

So tell me, how are middle americans NOT taking up the rear with the 2003 plan? A man is in office who is LYING to you...

Edited to add- Math doesn't lie.
yabbobay Posted:

Re: Anybody catch GB speech on meet the press?

sassy...I'm with you...I am eager to see these debates...


and I hope that all these 2000 campaign promises are brought up!!!

10 DAYS after he took office he was talking to his cabinet about doing things he said he wouldn't do in his campaign...

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