DEMOCRATS IN DISARRAY ON ECONOMY (RNC Research)

Republican National Committee ^ | 9 January 2003 | RNC Research Department

[PhiKapMom]

DEMOCRATS IN DISARRAY ON ECONOMY

While President Bush Leads With A Specific Proposal To Stimulate Growth And Strengthen America’s Economy, Democrats Can’t Agree On A Plan

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“[I]t Is Unclear Whether Democrats Can Unite Behind Specific Stimulus Proposals. While Some In The House Criticized Bush’s Plans To Reduce Taxes On Dividend Income, Some Senate Democrats Have Embraced Such A Move.” (Bob Kemper, "Democrats Assail Bush On Economy, War On Terrorism," Chicago Tribune, January 4, 2003)

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PRESIDENT BUSH’S JOBS AND GROWTH PLAN WILL STRENGTHEN THE AMERICAN ECONOMY

President Bush’s Growth Proposals Will Spur Consumer Spending, Promote Small Businesses, Increase Consumer Confidence And Extend Unemployment Assistance. Central elements of the President’s proposal include: 1. Accelerating the 2001 tax cuts to increase the pace of the economic recovery and job creation; 2. Promoting investment by individuals and businesses that will lead to economic growth and job creation; and 3. Delivering critical help to unemployed citizens. (President George W. Bush, Remarks To The Economic Club Of Chicago, January 7, 2003; “Taking Action To Strengthen America’s Economy,” The White House, January 7, 2003)

DEMOCRATS REMAIN IN DISARRAY ON THE ECONOMY

“Senate Democrats Have Not Generated [An Economic] Plan Of Their Own Yet.” (Louise Schiavone, CNNfn’s “The Money Gang,” January 7, 2003)

Senators Kerry And Baucus At Odds With Fellow Democrats Over Ending The Double Taxation Of Dividends. While Kerry has endorsed the measure and Finance Committee Ranking Member Baucus is open to ending double taxation of dividends, Senators Daschle, Lieberman, Edwards & Reid all oppose the proposal. (Senator John Kerry, Remarks To The City Club Of Cleveland, December 3, 2002; Jonathan Weisman, “Senior Hill Democrat Offers Tax-Cut Plan,” The Washington Post, December 20, 2002; Senator Tom Daschle, Democratic Response To The President’s Weekly Radio Address, January 4, 2003; Senator Joe Lieberman, Press Release, January 7, 2003; Senator John Edwards, ABC’s “This Week,” January 5, 2003; Senator Harry Reid, NBC's “Meet The Press,” January 5, 2003)

Democrats Have Advanced Competing Proposals For Encouraging Growth Among Small Businesses. While Senator Lieberman proposes an information technology investment tax credit, Senator Kerry advocates a $250,000 small business tax deferral. Senator Edwards wants to increase by 50% the current investment depreciation bonus while Gephardt calls for a one-time tax incentive for company investments. Still, House Democrats propose doubling the total amount small businesses may expense for new investments made in 2003. (Senator Joe Lieberman, Remarks At NASDAQ MarketSite, October 18, 2002; Senator John Kerry, Remarks To The City Club Of Cleveland, December 3, 2002; Senator John Edwards, Remarks To FORTUNE Global Forum, November 12, 2002; Representative Dick Gephardt, Remarks To Economic Policy Institute, October 15, 2002; House Democratic Economic Stimulus Plan, January 6, 2003)

Democrats’ Proposals For Tax Relief For Individuals And Families Run The Gamut.

--While House Democrats propose a one-time, refundable income tax rebate, Senate Democrats have failed to endorse a tax rebate. (House Democratic Economic Stimulus Plan, January 6, 2003)

--Senators Kerry and Lieberman favor a payroll tax holiday while the House Democratic stimulus plan rejects payroll tax reductions. (Senator John Kerry, Remarks To The City Club Of Cleveland, December 3, 2002; Senator Joe Lieberman, Remarks At NASDAQ MarketSite, October 18, 2002; House Democratic Economic Stimulus Plan, January 6, 2003)

--Other Democrats suggest increasing the minimum wage or providing a $500 energy tax credit is the right course of action. (Representative Dick Gephardt, Remarks To Economic Policy Institute, October 15, 2002; Senator John Edwards, Remarks To FORTUNE Global Forum, November 12, 2002)

[PhiKapMom]

TAX CUTS FOR TAXPAYERS!

[PhiKapMom]

Posted for your information and dissemination to everyone you know!

Thanks!

[My2Cents]

The Democrats are in disarray because at the center of their counter proposal is a "working man's" tax cut. Imagine: the Democrats proposing a tax cut! I tell you folks, we've won! When the Dems can only counter with a tax cut of their own, we've won! Of course, a tax cut runs completely contrary to the typical Congressional Democrat mindset. So they are suffering from an identity crisis right now. The Democrat Party has stood for nothing for so long, they don't know what they stand for. Bush, I think, realizes this, and he should press his advantage through the confused opposition.

[lodwick]

Tax cut bttt

[BOBTHENAILER]

“Senate Democrats Have Not Generated [An Economic] Plan Of Their Own Yet.”

They're gonna get their butts handed to them on this one.

hahahahahahaha

Big bump from one of Daschle's "WRONG PEOPLE".

Sorry I didn't respond on yesterday's Schumer/racist thread. I hit the road right after my post.

[PhiKapMom]

The Democrat Party has stood for nothing for so long,

Wanted to see that statement repeated because you are so right!

[Grampa Dave]

Here is an interesting rebuttal re the poor paying taxes: (Link to article re the Poor don't pay taxes, they get rebates)

[PhiKapMom]

No problem! I didn't get back last night to reply to comments either.

RNC is sure getting a head start on 2004! Nice to see them so active and out in force supporting the President. What a difference from the old days!

Have a good one from one Wrong person to another! I cannot believe daschle was dumb enough to make that statement! LOL!

[PhiKapMom]

Thanks for the link! Rebates are right and from our tax dollars! UGH!

[MeekOneGOP]

Senators Kerry And Baucus At Odds With Fellow Democrats

Separated at birth?...

[Dog]

Hi Mom!

Molly Pitcher just saw Deborah Orrin on Cavuato and she has been told by some high ranking RAT Senator that they have been screwed and outfoxed by the President....

Love when a plan comings together..

[Grampa Dave]

Here is one of the best rebuttals to the rats from Larry Kudlow. Many of us would like to see Larry Kudlow replace Alan the Greenspamer, if and when Alan decides to retire and just be a trophy husband for his lib mediot wife. (President Bush has surprised nearly everyone with his decision to propose a big-bang economic growth package that includes a 100 percent tax exemption on dividends received by individuals. Eliminating the double taxation of corporate dividends will raise stock market values, increase investor returns, and improve both corporate governance and corporate finance practices, in effect becoming the most significant pro-growth tax reform since President Ronald Reagan slashed personal income-tax rates 20 years ago. )

[BJClinton]

So I've seen this reference to "the wrong person/people" for a few days now, what is it referencing?

[spokeshave]

"told by some high ranking RAT Senator that they have been screwed and outfoxed by the President....:

Good....

and I bet the ashtrays are flying thick and heavy tonight..... :-)

[N. Theknow]

For a Democrat to even THINK about tax cuts is like a Packers fan saying "Go Vikes!"

[My2Cents]

I emailed a friend today who wrote to me that he's PO'ed cause his meager middle-income salary places him in the Democrats' "Top 10%" who ought to be soaked, that the Democratic Party has been bankrupt and bereft of issues since the early 1960s. Tell me one Democrat program that has been instituted since Medicare? Clinton's midnight basketball, perhaps? But since the majority of Americans woke up in the mid-60s to the realization that government was not the solution to every problem, the Democrats haven't come evolved to the new reality. What they have done, however, is eeked out occasional electoral victories nationally primarily by appealing to the Baby Boom generation -- arguably the most self-absorbed and irresponsible generation of the last century, if not ever. The Dems have appealed to this cohort through policies that are self-centered and irresponsible. As the Boomers start to age and become supplanted by more pragmatic younger generations, the Republican Party (if it projects it's message clearly) will become as unassailable a majority party as the Democrats were in the 1930's and '40s. So goes my theory.

[lepton]

There was an article about "The Wrong People" getting the tax cut and a rebuttal. It included the figure that 51% of the elderly get dividends, and some other demographics of who the tax-cut affects.

[My2Cents]

Molly Pitcher just saw Deborah Orrin on Cavuato and she has been told by some high ranking RAT Senator that they have been screwed and outfoxed by the President....

You mean that simpleton, low-wattage, limited brain-powered George W. Bush? What does it say about the Dems that they are constantly out-foxed by someone they say is as dumb as a hammer. The Dems must be dumb as a nail.

[BJClinton]

Ah, thanks. Typical...

[Mudboy Slim]

"Black!!"
(To be sung to Pearl Jam's "Black")

Ahhh-aiiggghhh...yeh...yeah-ahhh!!

Sleepy shady campsite...lovely FReepin' day...
Tanned legs spread out before me...sun-drenched body shined wet.
Lo...Beauty from the Heavens...I revolved around her Sun. [MUD's Earth to Jewel's Sun]
Her warm scent I gasped, then I breathed...girrrrl's makin' me burn!!
Ooooohh...o'er and o'er, I told the girl..."Kids can dream!!"
Ooooohh...o'er and o'er, Jewel begged of MUD, "Love Meeeee, BOY!!"
But MUD's gotta better half...with whom MUD lays down...
GOODBYE...my FRagile flame!!
Girl, Lib'ralism's DEAD!!
Nation, washed with blood...LIES, the Lib'ral's Shame...

I'll take the watch tonite...Left's surrounded by TYRANTS and HATE!!
I still hear Slick's laughter...Bill LIES to hisself.
Ohhhh...all Left's twisted thoughts I sing...SlixMYbitch!!
I'm spinnin'...ohhhh, MUD's grinnin'...)8^D!!
How quick the floor can...drop away-ay-ay-ay!!!!
God Bless my bitten land...must kick some Righteous A$$...
Fer What Left Did To ME!!
Ohhh...Left's B!+(# is bad...Medyuh watched and fled... IGNORED everything..
Ohhh...the Left's ALL BAD...turned MUD's world to Black...
SLAUGHTERED 'bout all I see...All that I am...All I'll Beeeeee...YEAH!!!!

Un hunh...un hunh...woo...

I know someday, Jewel'll make a beautiful wife...
I know she'll be MY Star...
But Somebody Else Must Show Some Spine!! IT'S TIME!! JUSTICE BE THINE!!!!!!
How can it be?! It Can't be...It Shan't be!!
MUUUUUUUUUUUUUUUUDDDDDDDDD...AH HA AHHH!! Oooh...ah yeah...YEAH!!

Doo dah doo doo doodie doo...
Doo dah doo doo doodie doo...
Doo dah doo doo doodie doo...
Doo dah doo doo doodie doo...
Doo dah doo doo doodie doo...

Mudboy Slim and the Centaurs (9/18/01)...one week A.W.T.C.

This is but an Alternate Thread, fer when other paths are no longer available to us...MUD

Heh heh heh...and they asked, incredulously, "How did it all begin, Mr. Slim?!"

I chuckled softly to myself...MUD

1 posted on 09/27/2002 9:46 PM EDT by Mudboy Slim

[Dog]

Jimmy Carter proposed cutting the taxes on dividend's back in 1976.....

[My2Cents]

Jimmy Carter? You mean the "Wizard of Oslo"?

[FranklinsTower]

Have a good one from one Wrong person to another! I cannot believe daschle was dumb enough to make that statement! LOL!

Dim daschle more or less called 90+ million people the "wrong people". How dumb can he get? Maybe I shouldn't ask.

[Cobra64]

When the Dems can only counter with a tax cut of their own, we've won!

We have only "won" when the bill is passed and W is re-elected in 2004 with a majority in both Houses. Who would have ever guessed that Jimma Carter or Bill Clinton would have ever walked into the White House.

Too much compascency among Conservatives. Nothing is "won" until we see actual results. A dream is not reality.

[BOBTHENAILER]

God Bless my bitten land...must kick some Righteous A$$...

Awe inspiring song my man. I've got it. The answer to Daschle's prayers. Offset the COST of 100% of Bush's tax cut by:

TAX ALL DEMOCRATS 5% more

We all know that they will let government decide how best to spend it. Inasmuch as 9 of 11 of the richest Senators are DemocRATS, we know they can afford it. Look at the untaxed money just waiting to give more in Hollywood, music industry, etc.

Let's rally the richest high tech RAT moguls to save the Bush tax cut by volunteering to pay more.

[PhiKapMom]

Here is the link to a previous RNC Research article that was posted and gives the details:

WH ARE THE WRONG PEOPLE? (RNC RESEARCH)

[isthisnickcool]

Hey! Don't worry. I'm here to save the day for the Democrats!

John -BLINKY THE SNAKE TRIAL LAWYER- Edwards

[PhiKapMom]

ROFLOL!!!!!!!!!!!!

That sure describes him!

[My2Cents]

Correct. I should have said, "We're winning."

[PhiKapMom]

Two of the Dims in charge of the DemocRATs disarray -- wonder where ms. cliniton is?

[Brett66]

I've waited for 14 years, ever since Reagan left office, for someone to stand up against this Marxist class warfare rhetoric of the dems and God bless him, W is going to do it!

[swheats]

Democrat melt down bump

[justshe]

TAX CUTS FOR TAXPAYERS!

PROUD TO BE ONE OF
THE WRONG PEOPLE!

[PhiKapMom]

I have been waiting that same length of time. Same with the folks at RNC who in recent years before Pres Bush didn't seem to know their left hand from the right.

Can I say FINALLY?

[isthisnickcool]

That sure describes him!

Hi PKM! Good to see ya!

The rumor is that they are trying various amount of Botox on "Blinky Edward's" eye muscles to see if they can slow down his eyelids. Right now his face looks like Stallone at the end of the first Rocky movie and he keeps falling down, getting up and yelling "Hillary", "Hillary" while holding some old lawsuit paperwork over his head that he insists is the "championship presidential belt". Weird, eh?

Hey, aren't all the Democrats kinda like cartoon or odd TV characters? Lieberman is Elmer Fudd. Daschle is one of the seven dwarfs. Biden is Barbie with his doll hair. Gore is like Mr. Rogers on Qualludes. Carville reminds me of Max Headroom. Barney Frank is, is, Barney Frank. And Hillary is a big white box from the old Fridgaire commercials. The Democrats claim to be for the real people but none of them are.

[pettifogger]

bump for later

[PhiKapMom]

I love it!

[Mudboy Slim]

"TAX ALL DEMOCRATS 5% more!!"

ROFL!! Perfect...we must make that saying known to all in DeeCee...LOL!! How 'bout a Sin Tax on Lib'ralism?! Yeah, anybody STOOOOPID enuff to Vote Fer RATS must pay into yer Disability Fund 'cuz yer obviously Ignorant DOLTS who need Medical Assistance!!!

Utmost FReegards...MUD

[PhiKapMom]

LOL!!!!!!!!

They are definitely like cartoon characters. Hard to believe anyone with an ounce of brains could support and vote for any of them.

Someone the other day posted a picture of Pat Paulson the candidate from the an old TV show that was a Presidential candidate everytime (cannot remember which show he was on), but he could have passed for LIEberman's twin.

[isthisnickcool]

Laugh In?

[Willing To Listen]

HOW THE TAX SYSTEM REALLY WORKS


A good time to resurrect this description of "how taxes work"...


This is a VERY simple way to understand the tax laws. Let's put tax cuts in terms everyone can understand.

Suppose that every day, ten men go out for dinner. The bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this.

The first four men, the poorest would pay nothing; the fifth would pay $1; the sixth would pay $3; the seventh $7; the eighth $12; the ninth $18; and the tenth man, the richest would pay $59.

That's what they decided to do. The ten men ate dinner in the restaurant every day and seemed quite happy with the arrangement, until one day; the owner threw them a curve (in tax language a tax cut).

"Since you are all such good customers," he said, "I'm going to reduce the cost of your daily meal by $20." So now dinner for the ten only cost $80.00.

The group still wanted to pay their bill the way we pay our taxes. So the first four men were unaffected. They would still eat for free. But what about the other six, the paying customers? How could they divvy up the $20 windfall so that everyone would get his "fair share?"

The six men realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would end up being PAID to eat their meal. So the restaurant owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

So the fifth man paid nothing, the sixth pitched in $2, the seventh paid $5, the eighth paid $9, the ninth paid $12; leaving the tenth man with a bill of $52 instead of his earlier $59.

Each of the six was better off than before. And the first four continued to eat for free.

But once outside the restaurant, the men began to compare their savings. "I only got a dollar out of the $20," declared the sixth man, but he, pointing to the tenth. "But he got $7!" "Yeah, that's right," exclaimed the fifth man, "I only saved a dollar, too. It's unfair that he got seven times more than me!" That's true!" shouted the seventh man, why should he get $7 back when I got only $2? The wealthy get all the breaks!" Wait a minute," yelled the first four men in unison, "we didn't get anything at all. The system exploits the poor!"

The nine men surrounded the tenth and beat him up. The next night he didn't show up for dinner, so the nine sat down and ate without him. But when it came time to pay the bill, they discovered, a little late what was very important.

They were FIFTY-TWO DOLLARS short of paying the bill! Imagine that!

And that, boys and girls, journalists and college instructors, is how the tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up at the table anymore.

Where would that leave the rest? Unfortunately, most taxing authorities anywhere cannot seem to grasp this rather straightforward logic!



NOTE:

The copy I received of this credited a Professor of Business Law as the author. When I complemented him for his wisdom via e-mail, he said: "I am unaware of the true author's identity, which is unfortunate, since the piece has generated considerable interest. Unfortunately, one of my students sent it along and erroneously contributed the authorship to me."

[PhiKapMom]

Laugh In

That's what I am thinking he was on too! Someone just told me they thought he was on the Smothers Brothers.

[PhiKapMom]

Thanks for posting that! Very good analysis of the tax system. Kudo's to the professor who wouldn't take the credit since he didn't come up with it.

[Reagan Man]

President Bush continues to have the upper hand and Democrats have nothing substantive to offer America, so they resort to their standard class warfare attacks. With no power whatsoever, Democrats have turned ugly and mean spirited. It's not a pretty sight.

[driftless]

Even Bill the Creep knew that the great majority of Democratic programs and iniatives were and are miserable failures. That's why he ran a stealth program trying to pass himself off as a moderate Dem and steal Republican policies.

[driftless]

I'll have you know pal that the majority of white male boomers like myself vote Republican. I suggest you stop trying to anoint your generation as saints. There's plenty of clueless liberals in all age groups.

[BOBTHENAILER]

Yeah, anybody STOOOOPID enuff to Vote Fer RATS must pay into yer Disability Fund 'cuz yer obviously Ignorant DOLTS who need Medical Assistance!!!

Perfectly summarized.

[BOBTHENAILER]

PROUD TO BE ONE OF THE WRONG PEOPLE!

Perfect.

[PhilDragoo]

Demunists strive to wreck the economy and undermine our security.

They are the wrong people.

[My2Cents]

White male boomers, sure, but not the generation as a whole. Women boomers overwhelmingly vote Dem.

By the way, I'm a baby boomer myself, born and raised in the SF Bay Area, so I've seen first hand the unvarnished self-absorption and irresponsibility of my generation.