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Politics : Stockman Scott's Political Debate Porch
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To: Jim Willie CB who wrote (11182)1/7/2003 6:10:22 PM
From: American Spirit  Read Replies (2) of 89467
 
We need immediate stimulus not this 10-year little by little plan added to the already huge tax cuts for the very wealthy. This Bush Plan may not stimulate the economy at all. His last one didn't. Without jobs people wont spend more. Kery's plan to create jobs in the private and public secotrs and give payroll tax relief as a definite stimulus is the correct way. That is what we need, not the already tax-protected rich getting to keep more of their inheritance. hey I'm going to inherhit too, but though we're not exactly rich we've already done estate planning. We dont need these Bush tax cuts. The little guys get screwed as usual and the deficits continue to balloon.
Watch now as the economy continue to stagnate into 2004 after a mini rally here. As for dividends, it's a minor thing unless you're a major stockholder in dividend paying stocks. I'm not against this idea but as usual with Bush the happinest people right now are the fat cats. And the Bushies are spinning it as if it's fair and equitable. Instead it's more supply side economics with supposed trickle down effects. Also higher energy prices now are a hidden tax which negates this "gift". And expect people to receive fewer services from the government too. All in all, a dud on arrival.
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