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Politics : PRESIDENT GEORGE W. BUSH

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To: JBTFD who wrote (649645)10/25/2004 11:12:31 PM
From: David Howe  Read Replies (1) of 769670
 
<< Take his tax cuts for instance. They were poorly designed as an economic stimulus. >>

Not in my opinion. The cuts were for everyone that paid income taxes. The cuts were for consumers and for people that create jobs. Both of these cuts have the result of stimulating the economy. I think that the economy would be in worse shape if these cuts had not been made.

<< And a very large percentage went to the top income earners in the country. >>

Actually, on a % basis, the cuts for the middle and lower class were much larger. Only looking at the $ and ignoring the % does can these numbers be twisted to look like they leaned towards the rich.

<< millions who have lost their jobs and Bush was against the most recent unemployment benefits extension. >>

Extending the unemployments forever does not inspire people to get back on their feet and find a job. I have friends that stayed unemployed as long as they had unemployment; played golf or whatever. Then, as their unemployment benefits were ending, they found jobs and are happily employed to this day.

Since unemployment is lower than the average unemployment in the 70s, 80s and 90s, WHY should we keep extending benefits over and over again?

Dave
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