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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (206559)	10/14/2004 6:30:34 PM
From: i-node	Read Replies (1) of 1575142

He hasn't even attempted to stem the loss of manufacturing jobs, the ones at the lower end of the scale that pay the best. What would you recommend? Turning back the information revolution? Going back to the time of the Industrial Revolution? Your remark is stupid. He hasn't done anything to stem the loss of employer paid health insurance. Like what? There were job losses as a result of the Clinton Recession. A few (not many) people lost jobs. Some lost health insurance coverage with them. So, what's new? That's life. These people need to make arrangements to get back to work. He has altered the rules for overtime, excluding 8 million workers. Don't be confused by the rhetoric. Yes, some DOL standards were changed. But OT is controlled by state law in all 50 states. FLSA ends up being subservient to state regulations in practically all cases. FLSA is a federal "safe harbor". He has eliminated cap gains tax on dividends... No, he hasn't -- dividends have NEVER been subject to capital gain rates unless they were special "Capital Gain Distributions". Also, I might add that Congress creates and modifies tax law, NOT the administration. However, Bush's push to reduce taxation of dividends is one reason we haven't seen the job losses from Clinton's recession. If i worked on it a bit, I could probably come up with more... You may want to. It seems you haven't come up with anything yet. Frankly, he has no jobs program. Unemployment isn't a problem. It is lower than it was when Clinton was reelected. And it wasn't a problem then. Unemployment is at historically low-to-moderate levels -- AMAZING, given the economy he inherited plus the 9/11 catastrophe.

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