Comments on Bush, like Reagan, was absolutely right about tax cuts.

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Welcome, new readers Dennison, Kiwidreams, and Xeno-X!

Great to have you on board! I haven't been ignoring you, my computer decided to help the local economy by requiring some major repairs.

Jethro beat me to the punch on some comments, thanks, good buddy.

Kiwi - thank you so much for the biggest laugh I've had in days. Tell me, my friend - if you are an atheist,  then why are you praying, and to whom? You should be thankful to whomever or whatever it is that you offer prayers to that the Brits do have a backbone where it's needed. You sound like you've been studying Neville Chamberlain too much. If the war in Iraq  is a complete failure, then kindly explain why Saddam is in prison, his regime is destroyed, and the people of Iraq are free to elect their own leaders. Seems to me that those were goals for the war. Also, how about a link that AP story you cite? I'm curious to know who wrote it, what he/she/they wanted to accomplish with it, and how comprehensive the research behind it was. Sounds like some of that coporate media nonsense that my buddy Glenn and I go off about.

Xenox raises the issue of pensions. I don't have a lot of information on this, but I do know that GM pays more for employee benefits than anything else. It's interesting to consider that a big manufacturing concern is paying more for a social program than for actual costs of producing its products. My take on pensions and layoffs is that these are the chickens coming home to roost. Demands were made that employers offer more and more benefits, quite often in exchange for less and less productivity from their workers (due to both worker demands and overregulation by the government), even as they were losing business to overseas competitors who weren't shackled with excessive regulatory and benefits costs. 

By the way, gang - state and local tax reevenues are up as well. And go do some research into the continuiing strong sales in new homes, the strength of car sales and creation of new jobs.  

posted by WriterofLight on August 13, 2005 at 9:31 AM | link to this | reply

the record profits come from
laying off workers
and reneging on pension funds
the truth is, they are reaping profits at the expense of their loyal employees

posted by Xeno-x on July 26, 2005 at 3:57 PM | link to this | reply

ok -- if the tax cuts caused corporations
to reap record profits
then how come they laid off so many workers
and are reneging on pensions funds
and they say it's because they can't afford to keep these workers
and pay out these pension funds.
that doesn't sound like a good economoy to me.

posted by Xeno-x on July 26, 2005 at 3:56 PM | link to this | reply

What economy is going gangbusters????
Let's see, H-P laid off 14,000, Kodak restructured 10,000 employees and Kimber-Clark is closing 20 plants and laying off 6,000.

I guess someone forgot to tell them about trickle down, or is it "voodoo" economics.

Your posts remind me of Bagdad Bob when the Americans were on the outskirts of Bagdad.

posted by fwmystic on July 25, 2005 at 10:01 AM | link to this | reply

A whole lot of good going to the streets did for those in Spain. Soon after their troops pulled out of Iraq they foiled a plot by Islamic radicals to blow up their National Court building. Give an inch they'll take a mile. Hopefully Britain won't make the same mistake as the "spineless" Spanish did.

Though a relentless barrage from the liberal press and some push-polling can understandably create a climate of low morale it is important to note that reports this week have discovered that while recruitment goals are falling short back here in America where we only hear what is spun to us, RE-ENLISTMENT goals among active members in each wing of the military have either been met or exceeded. Add that to the fact that over 70% of troops in Iraq as well as their family members voted for President Bush. That the left is so eagerly willing to trumpet this latest poll shows a little bit about their hopes for the future. Remember there were polls too that showed Kerry was going to win the election too. They were soooo close too (only 3 million + votes)!!

posted by jethro on July 22, 2005 at 3:32 PM | link to this | reply

From the point of view of this Briton...

Geroge Bush is a dangerous right-wing ideologue who has led his and other countries down a hazerdous path. Even though i am an atheist i pray for the day when Britain will stand up and remember it has a voice on the world stage. If British troops pulled out of Iraq tommorow it wouldn't be a moment too soon. The tragedy is that the British left is spineless so we wont most likely see a repeat of Madrid where people came out onto the streets demanding Spainish troops withdrew.  

His war on Iraq has been a complete failure. Far from eradicating terrorism it has turned Iraq into a hive of terrorism and what is more radicalised significant sections of significant sections of the Muslim community to the point where they are now receptive to AQ's message.

Obviosuly the point of the 20th centuary, that social re-organisation from above is doomed to failure, was completely lost on Bush. All this while the White House continues to host representatives of the House of Saud, one of the biggest state sponsors of terrorism in the Middle Eastern region.

AP carried a story today reporting the collapse in the moral of American troops. Hopefully the American people will see sense soon enough too and end this disaster.

posted by Leafonariver on July 20, 2005 at 7:03 PM | link to this | reply

Typically pathetic comments from the peanut gallery
Okay let's take a look for the moment.

First Dennison Mann- Bush made a pledge to cut the deficit in half by 2009 I believe it was. The latest figures which were just reported in Time magazine today show that Bush is actually ahead of schedule in accomplishing this. Pretty impressive for an idiot huh?

You point out that people actually pay all the corporate taxes. This is absolutely true. This would also mean that you must be (as a consumer) all for any tax cuts we can get. Glad we agree on something.

Scoop- A claim followed by absolutely no facts. Now Dennison Mann just demonstrated how corporate tax-cuts benefit the consumer. I know that my tax-cut absolutely positively left more money in my bank account. Explain please how this is a "shell-game". And please don't give me any BS about the burden being passed to people who don't pay taxes. If it's a shell-game then please only address people who are actually in the game. Facts please.

Damon- Also no facts whatsoever. Borrowing from the technique of Kooka and
Loud-n-Proud he calls everything he dislikes "spin" then offers no facts in the least. Damon is rarely so short, were he to posess facts I have no doubt he would have laid them down.

The idea that we can have tax-cuts and increased revenues just blows liberals away. They are left flabbergasted and flailing with comments like those below.

posted by jethro on July 18, 2005 at 3:26 PM | link to this | reply

Interesting...
...piece of spin.

D

posted by DamonLeigh on July 18, 2005 at 1:58 AM | link to this | reply

Tax cuts are fallacies

Tax cuts take from one area and place the burden on another, it is basically the governement re-arranging the furniture.

Tax cuts are nothing more then a shell game.

posted by scoop on July 17, 2005 at 9:28 AM | link to this | reply

Wonderful! Remind Me Again, What's The...

US Government's current budget deficit? How many trillions of dollars? That's at least a 1 followed by twelve zeros.

And figure this out, corporations do not pay taxes in the US...the American consumer pays all corporate taxes in the form of higher prices.

DM

posted by Dennison..Mann on July 16, 2005 at 8:00 PM | link to this | reply