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Under President Bush, the rich do OK and the poor suffer (Gag Alert!!)
Sun-SINtenal ^
| 8/4/03
| William E. Gibson
Posted on 08/05/2003 1:27:55 PM PDT by Recovering_Democrat
WASHINGTON · For Americans with good-paying jobs or comfortable retirement incomes, the U.S. economy on President Bush's watch has been relatively benign despite a sluggish recovery from recession.
Their taxes are lower, and the things they buy are affordable because inflation remains tame. Borrowing is easy because interest rates are extraordinarily low, though starting to climb. And for people with money to invest, the stock markets are perking up.
For Americans with no jobs or low income, the Bush economy so far has been dismal. They have little to gain from the tax cuts that the president pushed through Congress, at least in the short run, and they don't have the wherewithal to take advantage of low-interest loans or the rise of stocks.
(Excerpt) Read more at sun-sentinel.com ...
TOPICS: Business/Economy; Editorial; News/Current Events; US: Florida
KEYWORDS: economy; hitpiece
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Typical hit piece...just wanted you all to be aware thereof.
To: Recovering_Democrat
LOL! The real lefties want to trash all the Bush tax cuts and add about 100,000 poor people back onto the tax rolls.
What a joke!
2
posted on
08/05/2003 1:30:16 PM PDT
by
Cold Heat
(Negotiate!! .............(((Blam!.)))........... "Now who else wants to negotiate?")
To: Recovering_Democrat
Agreed, no need to read the screed...
3
posted on
08/05/2003 1:31:19 PM PDT
by
Old Sarge
(Serving You... on Operation Noble Eagle!)
To: Recovering_Democrat
Wow! A recession hitting those without jobs harder than those with jobs. I don't think I can stand to live in a crazy mixed up world like this where black is white, up is down, and tax cuts benefit those who pay taxes.
4
posted on
08/05/2003 1:35:24 PM PDT
by
Myrnick
("Hey, Lama! How about a little somethin' ya know - for the effort?")
To: Recovering_Democrat
Actually, I think the gap between the haves and have nots grew more during the Clinton years than any other 8 year period in recent history.
To: Recovering_Democrat
Under President Bush, the rich do OK and the poor suffer As opposed to under President Clinton, when the rich did REALLY WELL, while the poor and middle class lost their retirement accounts!
6
posted on
08/05/2003 1:41:08 PM PDT
by
SunStar
(Democrats piss me off!)
To: SunStar
No, under Clinton, we lost something far greater - our moral compass and ability to KNOW what the meaning of IS really IS!
To: Recovering_Democrat
For Americans with no jobs or low income, the Bush economy so far has been dismal. They have little to gain from the tax cuts that the president pushed through Congress, at least in the short run, and they don't have the wherewithal to take advantage of low-interest loans or the rise of stocks. People who pay little to no income taxes don't get a tax cut. Amazing how that works. You can't give back what isn't given.
8
posted on
08/05/2003 1:46:02 PM PDT
by
rb22982
To: Recovering_Democrat
I'm still waiting for the rich, liberal democrats to give their "unwanted" tax cuts back to the government. Until they do, they need to shut up.
9
posted on
08/05/2003 1:47:44 PM PDT
by
PetroniDE
(Kitty Is My Master - I Do What She Says)
To: Recovering_Democrat
An excellent reason to be rich....
To: Recovering_Democrat
Typical hit piece...just wanted you all to be aware thereof What else would you expect from the liberal rag of Broward County. The county directly south of Palm Beach County.
There is a reason why "south Floridumb voters" became popular vernacular across the US in November 2000.
11
posted on
08/05/2003 2:01:49 PM PDT
by
Dane
To: Recovering_Democrat
For Americans with no jobs or low income, the Bush economy so far has been dismal It does not matter how in the hell is president this will always be the case. Dumbasses.
To: wirestripper
The real lefties want to trash all the Bush tax cuts and add about 100,000 poor people back onto the tax rolls.My biggest problem with "Conservatives" is the removal of "poor" people from the income tax roles.
People who aren't paying tax have no incentive to oppose government waste, have no incentive to support tax rate reductions, and have no incentive to boot corrupt politicians out of office.
People should pay taxes on ALL income. Lower rates, maybe, but taxes, YES.
To: Onelifetogive
I cannot argue with that.
They will say that they are severely taxed on their ss/medicare contribution. They really think that!
Yes, a flat tax system would be the fair way to tax, but you will never see it because of the socialists.
14
posted on
08/05/2003 2:05:54 PM PDT
by
Cold Heat
(Negotiate!! .............(((Blam!.)))........... "Now who else wants to negotiate?")
To: wirestripper
Is it a joke? I know more former 100k people now on unemployment than ever before.
To: Recovering_Democrat
When will one of these common taters realize that the Pres' tax cut is not supposed to spur demand but to spur investment in the economy?
Consumers have held up their end...that is why a "tax cut for the rich" is the only one which has a prayer of success.
To: wirestripper
They will say that they are severely taxed on their ss/medicare contribution. They really think that.I am all for letting them (and me) opt out of ss/medicare. No longer "severely" taxed...
To: Recovering_Democrat
Considering how poorly the "poor" have done in my lifetime, under all Presidents - according to liberals - eliminating poorism will never happen. It's like defining infinity - we can describe what it is not but we cannot describe what it is.
uhhhh
19
posted on
08/05/2003 2:56:27 PM PDT
by
At _War_With_Liberals
("they took 2 steps to the left, I took 3 steps to the right")
uhhhh
20
posted on
08/05/2003 2:58:40 PM PDT
by
At _War_With_Liberals
("they took 2 steps to the left, I took 3 steps to the right")
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