Posted on 08/21/2004 1:28:53 AM PDT by Libloather
My question - if the *Crinton plan was SO great, why did it end in recession?
What an idiot. Clinton will win him votes in the South? BWAHAHAHAHAHA!!!
Are we supposed to stop hating the rich now?
I thought Kerry hated the rich. I thought the rich weren't being taxed enough and didn't pay their fair share. I thought all of Bush's friends were rich. I thought the Iraq War was fought solely to line the pockets of the rich. I thought rich people didn't understand the plight of the average person or little person or whatever you're calling it this week. I thought there were two Americas and that the rich in the first America were screwing everyone over in the Second America.
Yep, back to the good old days of the Enron, Worldcom, Global Crossing, and MCI frauds that thrived under clintion and were prosecuted under GWB.
Venture capital has moved offshore. The fraudulent accounting practices that fueled meteoric stock price increases are watched with a jaundiced eye by the SEC now. The massive amounts of money thrown at the stock market was a consequence of falling interest rates and the need for employees to find a suitably high return investment for retirement. The days of a company retirement pension have come and gone. Sadly, much of that money was poured into fraudulent businesses. The retirement nest eggs evaporated from corporate boardroom lies and slick work by the accountants.
Nah, Kerry LOVES the rich -- they're the ones whose taxes he wants to raise (while protecting the middle class, of course) while growing the GOVERNMENT.
And when everybody's rich --- at least according to gov't economist wonks --- everybody gets soaked, leaving three people in Upper Preet, Arkansa, as the entire middle class.
Woo hoo!!!! Money, money, money!!!
My answer: when the scammers amassing millions realized that with Algore was their candidate, they knew the jig was up and that the adults were coming to Washington. That's what caused the bubble to burst in Mid-year 2000.
Yes the great Clinton economic record....when Nasdaq crashed. The truth is both parties will claim credit for economic events that are beyond their control. At least the Republicans occasionally pass tax-cut legislation that lets people keep some of their money before it gets flushed down the various government ratholes. With Kerry and Dems in control, we can count on more of our money being wasted...and more corporations relocating overseas. Kerry should be honest enough to tell voters that he won't be able to stop that.
"We need to go back where we were with Bill Clinton, when people got rich"...
People like Ken Lay, terry mcawful, Global Crossing, Enron Board etc etc etc???
LLS
OKay, so what was it that Clinton did that created the economic boom? Did he invent the faster microprocessor that helped drive the PC market? Did he help code Windows, Linix, Sybase and the other applications that helped drive the information explosion? Did he create better manufacturing processes, did he consume the inventory causing more to be manufactured?(excluding possibly condoms) Did he do anything to increase food production?
So exactly what did he do exect hold office while the American people busted there humps getting the above list and more accomplished with no help from Clinton.
Good to see Dubyuh's RapidResponseTeam is on the job...fact is, Kerry's got NO PLAN WHATSOEVER to grow the economy. He really is a weak, ineffectual man with very little to offer the Country.
Kerry's TOAST...MUD
This is a great line with some strategic truth to it. While both parties play games with the economy through their pograms and the influence of the Fed, the Dems are a lot more cynical about it. Over the past several administrations--back to the days of Ford and Carter, both in the area of the economy and in the area of military preparedness, the Dems inherit a relatively good situation and spend it down. They overstimulate the economy and they run down the military, leaving it to the next administration--usually Republican--to rebuild.
Some exceptions to that rule: LBJ did both "guns and butter," which ushered in the stagflation of the 70's. It may be that GWB's combination of compassionate conservatism and the need to prosecute the War on Terror does the same thing and leads to stagflation over the next decade.
Also worth noting: Carter, incompetent in every sphere, so overstimulated the economy through the FED that stagflation got dangerously close to runaway inflation. Reagan had to clean that mess up with a high interest rate, overvalued dollar policy, which led to some other problems, like speeding up deindustrialization of US manufacturing by making it more competitive to manufacture overseas.
I seem to recall Clinton characterizing Reagan's terms as the "Decade of Greed". I guess it's ok to get rich if you're a Democrat.
He's never married any other kind.
My friend, you miss-interpreted my post. klintoon never did anything (maybe signing welfare reform in an a$$ saving move) to improve the economy. He did much to hurt it, however.
LLS
"We need to go back where we were with Bill Clinton, when people got rich and we grew the economy,"
But when the GET rich, then we're supposed to confiscate their income so that they can't invest in a new company and create more jobs. (Sarcasm)
Such circular reasoning as the Dems exhibit is ludicrous. Most small business owners fall in the income group they say they'll tax heavily--small business owners who now are having a hard time providing health insurance benefits, etc.
Hillary Rodham Clinton
(July 26, 2004, NY Daily News)
Click here to check out my web site dedicated to exposing Hillary.
Hey, Kerry, when you're heading back to the future and you meet someone going into the past --- it's best to avoid eye contact.
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