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I guess I could rehire my wife and kids. Take the $5000 tax break for each of them and fire them at the end of the year when the break goes away.
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So you really dont have a plan or anything constructive to offer....other than dont tax the rich even though the law under which those tax cuts were enacted mandate that they expire in 2010....and dont attempt to create jobs, since your economic expertise says that wont work.
More of the same... if is counter to your opinion......it fails. Quote:
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To date you and your party have not offered anything constructive to fix the situation we are in. Ok, wait. You did significantly increase the Debt Ceiling so you could spend more and drive the economy down more. You told us that you were going to make more jobs and you didn't. The electorate is on to you. |
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How did those 01 and 03 tax cuts weighted heavily to the top bracket, at a cost of over $1 trillion, contribute to middle class economic security, as promised? BTW, numerous economists, including the lead economist at Heritage and other conservative economists have acknowledged that the stimulus plan has contributed to the GDP growth in 09...the first real growth in nearly three years. The consensus among economists across the political spectrum have agreed. |
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Unemployment rate 2001 =4.7 Unemployment rate 2003 =6.0 Unemployment rate 2006 =4.6 Unemployment rate 2010 =10 |
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Hey..,Economists across the spectrum understand that employment is the last to recovery from a severe recession.
You start with growing the economy...and that has occurred for the first time in 2 years, as a result, in part, of the stimulus program. And you still have offered nothing better and still cant explain how those 01 and 03 tax cuts at a cost of $1 trillion helped the middle class? |
And this is your plan? You don't see a difference????
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Many economists across the spectrum see the value of the stimulus plan, but disagree on the finer points. So, in the end, your plan is more tax cuts and deficit reduction...and that, somehow, will create jobs. Those 01 and 03 tax cuts failed to stimulate any economic growth and contributed $1 trillion to the debt. You want more of the same and I want a different approach and I am willing to give it time to work, given that it was envisioned as a two year plan and that it has already contributed to economic growth. *shrug* We'll just agree to disagree. |
Trillion dollar deficits are not a solution to our financial well being as a nation. The debt has nearly doubled since Jan of 09.
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2009 9.3% 2008 08BM 5.8% 2007 08BM 4.6% 2006 08BM 4.6% 2005 08BM 5.1% 2004 5.5% 2003 6.0% 2002 5.8% 2001 4.7% 2000 4.0% 1999 4.2% 1998 4.5% 1997 4.9% 1996 5.4% 1995 5.6% 1994 6.1% 1993 6.9% 1992 7.5% 1991 6.8% 1990 5.6% 1989 5.3% 1988 5.5% 1987 6.2% 1986 7.0% 1985 7.2% 1984 7.5% 1983 9.6% 1982 9.7% 1981 7.6% 1980 7.1% http://www.nidataplus.com/lfeus1.htm#annl Although, the 2008 data is skewed because of the benchmark thing (08BM). If you look at the monthly data, in same link, the rise of unemployment under Obama was a pretty steady transition from Bush so logically its not valid to say that the rise in unemployment is Obama's fault, as it has steadied out in the past three months. You can't blame the parachute if you open it twenty feet from the ground. |
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And all the critics still havent offered a better plan. |
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