Go to Why can't I sue the whole country?
- Add a comment
- Go to DID ANYONE BUT BIG BUSINESS GAIN FROM THE TAX CUTS?
writeroflight
Jobs creation dropped like crazy right after the tax cuts were put not place. It has been slowly, very slowly recovering and has yet to reach the levels it was at before Bush put his tax cuts into affect. If one were to look at the direct results of those tax cuts, we lost a lot of jobs at that point and 9/11 had not happened yet so you can not blame it.
Home ownership is up, but two things have happened there. First those who ahd the money bought up houses and are renting them out. There are more houses for rent than ever before. Then all the newer home owners I know are doubling up. They have to have someone living with them in order to be able to afford the house. This is not people living the american dream of having a house for their kids and such. It is us becoming a country where the average house holds two or three families crowded together.
Tax revenues is a joke an and illusion right now. First off the Big Businesses got those great tax cuts that they put on their bottom line instead of trickling them down to their employees. This was followed by them having excuses to raise prices, but not raise employees pay at anything close to an equal rate. This results in some great looking profits at the expense of the employees for all those big companies. SO of course tax revenues is going to be good there. Now in the next couple of years as more and more people are unable to afford luxuries of any kind due to the hurting economy that right now only the working class is noticing, we will see this number sudden fall since those companies who are acting irresponsible and greedy are not going to give fair raises to help offset the cost of living and those companies will not be making the sells. You will see this start to happen in the next few years. No amount of tax cuts is going to fix it because it comes down to corporate greed and irresponsibility destroying our economy.
The interests are puzzling and I think a lot of that has to do with them looking at the stock market, which is very much an illusion right now, much as it was right before the great depression hit. Anything based off the stock market at this time can not be trusted. Anyone with an pounce of sense should be scared that the stock market appears to be doing so well when in reality the country is going downhill. That is sign of danger ahead.
Get out and see the real world. Those of us who work for our living have next to nothing right now. With the cost of living increasing well faster than any company is willing to raise pay, even though those companies are reporting record profits year after year, the true economy is hurting. Every last piece of propaganda you have just spit out here I have heard it all before. It sounds like a broken record and all one needs to do is study history (Which you claimed I needed to do in a different post) to see that we are falling into the same patters which have screwed us over before and the same illusion that some followed back then have been recreated for the here and now. Or you can get out into the world and talk to the real working class and see just where they are in life and what is going on with them. But too many Conservative want to live in their illusion, no matter how weak it is and no matter how dangerous it is. I can only hope that some changes are made before that illusions completely fades and we are hit with another depression.
An I don't care about the Arabs because the facts are that he oil companies here at home are reporting great profits for this year, which means they could afford to lower their prices if they cared about helping people out. They might not make as much profit, but they would make enough to get by. They just are not willing to make the needed sacrifices. They want to make money at the expense of the whole country. At this point they are loving the excuse to raise their prices. Of course once less and less people are driving they are going to complain because they are going to find they did not make those extra millions and just have to settle for a little bit less in profit.
posted by
kooka_lives
on September 19, 2005 at 7:22 AM
| link to this | reply
You're holding those charts upside down, kooka!
"Bush's great tax cuts so far have only made the rich richer and allowed the economy to go downhill all the more while Conservatives looked at the illusion they created. It is time to face reality and try to fix the problems instead of ignoring them."
Since the tax cuts came into effect, job creation is up, home ownership is up and tax revenues are up. Interest rates are also up, which always happens when the economy is going full speed ahead. If the economy is in the crapper like you claim, interest rates would be dropping in attempts to stimulate it. No such stimulation is needed because the tax cuts are doing the job.
If you want to see the rich getting richer, quit bitching about American businessmen and turn your attention to the Arab oil barons. Our shelling out $60 to $70 a barrel for their oil when we ignore our own supply is a farce.
posted by
WriterofLight
on September 18, 2005 at 8:26 PM
| link to this | reply
twodog
You know millions? Impressive. I am not even sure I could claim to know a million people. That acturally is arrogant of you to make such a claim, becuase I already am sure you CAN NOT back it up with anything more that right wing propaganda. Also, I have already seen that you really do not get out into the world, but instead live in the Conservative illusions.
Funny, all my friends are middle or lower income (None of us own land of any kind) and not a one of us gaiend form Bush's tax cuts. I won't cliam to know millions, but everyone I do know persoanlly gianed nothing at all from those tax cuts. Although none of us were affected by the marraige penitly tax, even though we are all married. I can only fgirue you are not really lower or middle income if this stuff really is doing anything to your taxes.
posted by
kooka_lives
on September 13, 2005 at 5:34 PM
| link to this | reply
kooka lives
I know someone who benefited from the tax cuts, my wife, me, and millions of other lower, middle income folks. But, we are still trying to make up for the mirrage penality tax brother Clinton laid on us. And, considering our net worth, and all the things we've accumulated in thirty-three years of marriage, land, a few antiques including a seventy year old Martin guitar, our kids will get hit with the death tax, if they aren't permanintly repealed.
posted by
twodog
on September 13, 2005 at 5:26 PM
| link to this | reply