Go to If I get smart with you....how will you know?
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- Go to DEMS Announce "Contract ON America"........Get out your checkbook!
What we really need
is tort reform (Put limits on lawsuits). A major reason medical care and drugs are so expensive is that lawyers can sue doctors and pharmaceutical companies and get outrageous sums, whether deserved or not. For example, John Edwards made millions convincing juries that a doctor's not performing c-sections fast enough led to the kids having cerebral palsy. A few years later, after more research and evidence, it came out that c-sections had nothing to do with the cerebral palsy. But guess what? The doctors' insurance companies had to pay out big, which made them raise insurance rates, and that expense gets passed on to YOU. Giant lawsuit awards don't come out of thin air or mystical unlimited company's accounts, it eventually gets passed on to YOU in the form of higher prices. Or else the doctor or drug company will go out of business entirely, and you don't benefit from their services. The lawyers and a few lucky "lottery winners" make a fortune, while the rest of us get hosed.
The Democrats will never touch tort reform, because they are dependant on money and support from lawyers' lobby groups.
posted by
AaronB
on June 17, 2006 at 12:48 PM
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Corbin_Dallas,
I still wonder where do you people go for the weekends! You treat this as a job! Hmmmmmmmmmmmmm?
posted by
Glennb
on June 17, 2006 at 7:25 AM
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Corbin_Dallas,
Where were you the nine months leading up to September 11, 2001? You seem to know so much about government funding and how tax policy that provides "windfall" for the rich makes America a strong "White" Nation! When in "real" fact the US Treasury has become "Whitey's" personal ATM! "War on Terror" their PIN! It is working and they keep stealing! How much is your cut?
posted by
Glennb
on June 17, 2006 at 7:22 AM
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Ahhhhh....
One of the lower 40% of wage earners that virtually pays zero taxes.......The lower 50% of wage earners pay less than 4% of tax revenues. Share the wealth........equalize the masses....sound familiar???
posted by
Corbin_Dallas
on June 17, 2006 at 4:07 AM
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Not my checkbook...I listened in on the teleconference they had...it's the Bill Gate's they are going after to fund it all.
posted by
DarrkeThoughts
on June 16, 2006 at 7:24 PM
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Corbin
I will have to get two Blogit accounts to afford to pay more taxes to subsidize all this extra... LOL They are uping the spending always have and always will. Nobody said they were coming into the white house did they?
posted by
Justi
on June 16, 2006 at 6:55 PM
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bel
And it would increase the pressure to use more illegals.....something their "Contract" doesn't even mention..........
posted by
Corbin_Dallas
on June 16, 2006 at 6:48 PM
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Why so we waste so much on defense.......
Some would think trying to prevent this from happening again is worth it.........
posted by
Corbin_Dallas
on June 16, 2006 at 6:47 PM
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The minimum wage has been debated for quite some time
In the ned this is the reality of such a massive raise. Less people being hired, more people out of work. Because those businesses that are barely making it will have to cut cost...where do they cut cost? Manpower.
posted by
bel_1965
on June 16, 2006 at 6:41 PM
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I'll try and make it simple for you Mystic......
Tax revenues are running 12.9% ahead of last year.....they are at the highest level in 25 years........but spending has been higher....the way to reduce the deficit is to reduce SPENDING!
Aided by surging tax receipts, President Bush may make good on his pledge to cut the deficit in half in 2006 — three years early.
Tax revenues are running $176 billion, or 12.9%, over last year, the Treasury Department said Monday. The Congressional Budget Office said receipts have risen faster over the first eight months of fiscal '06 than in any other such period over the past 25 years -- except for last year's 15.5% jump.
The 2006 deficit through May was $227 billion, down from $273 billion at this time last year. Spending is up $130 billion, or 7.9%.
The CBO forecast in May that the 2006 deficit could fall as low as $300 billion. Michael Englund, chief economist of Action Economics, has long expected a deficit of about $270 billion this year. Now he thinks there's a chance the "remarkable strength in receipts" will push the deficit even lower.
With the economy topping $13 trillion this year, a $270 billion deficit would equal less than 2.1% of GDP, easily beating the president's 2.25% goal. Bush made his vow when the White House had a dour 2004 deficit forecast of 4.5% of GDP, or $521 billion. The actual '04 deficit came in at $412 billion, or 3.5% of GDP, before falling to $318 billion, or 2.6% of GDP, in 2005.--Investors Business Daily
posted by
Corbin_Dallas
on June 16, 2006 at 6:40 PM
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Terrific Post
Explains both sides yet is very thought-provoking.
Makes me wonder, though. How come Republicans can waste so much money on 'defense' (which simply means other countries will spend more on their military-I believe in the adage that you can't prepare for and prevent war at the same time) but the Democrats can't spend money on job training and helping small business grow? Bush's tax schemes have only increased the gap between rich and poorm. Just look at the millions more in poverty and without health care. That's progress? --Shawn, "Tall and Skinny Politico"
posted by
TallAndSkinnyPoet
on June 16, 2006 at 6:40 PM
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Dems are the party of Big Government???????
Which party now exemplifies Big Brother?
If lowering taxes is so great, why is there a massive budget deficiet?
Does anyone believe this stuff anymore?
posted by
fwmystic
on June 16, 2006 at 6:10 PM
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Dems want to Increase minimum wage & increase government expense&taxes?!
...have they done the math??
posted by
reasons
on June 16, 2006 at 6:06 PM
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Talk like this makes my head hurt!
I'm glad there are people who know what all this means though...LOL!
posted by
Passionflower
on June 16, 2006 at 5:57 PM
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