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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (970)	11/12/2003 1:30:42 AM
From: Cactus Jack	Read Replies (1) \| Respond to of 90947

My mistake; I figured that with a Harvard education and a 150 I.Q., you wouldn't make such a blanket statement without being able to support it. Here is what I found on Kerry's site; it doesn't exactly constitute your previous statement. My questions are interspersed. johnkerry.com Presidential hopeful Sen. John Kerry yesterday laid out an economic plan to create jobs through halving the deficit, bailing out state legislatures and repealing the Bush tax cuts. Billed as a major economic policy speech, Kerry told about 150 supporters gathered at the University of New Hampshire he would work to reduce health-care costs by having the federal government foot the bill for the most seriously ill patients to take pressure off small businesses to meet the rising cost of premiums. (stimulative, job-creating tax cut?) “The decisions that we now face go to the heart of questions that are fundamental to our character and our history,” Kerry said. “Will we have an America of opportunity for all or one where a privileged few call the shots and reap the rewards?” Throughout the speech, Kerry criticized President Bush and his Democratic rivals. Borrowing a line from former Vermont Gov. Howard Dean, he said Bush had “the worst record on jobs since Herbert Hoover.” “Unfortunately, for this administration, ‘jobs’ really is a four-letter word,” Kerry said. Kerry knocked many of his Democratic opponents for making “it harder for the middle class to make ends meet,” by calling for a complete repeal of Bush’s tax cuts. Kerry instead wants only to repeal those benefiting people earning $200,000 a year or more. “The last time I looked, ladies and gentleman, the problem in America was not that the middle class had too much money,” Kerry said. (Who constitutes the "middle class"? Those making less than $200,000?) The plan also calls for a tax credit for the college years (stimulative, job-creating tax cut?), a weaning of the country’s reliance on Middle Eastern oil, and a reconsideration of trade agreements and corporate subsidies, with tough corporate responsibility laws being enacted. The state relief fund would give $25 billion for two years to states with fledgling revenue, Kerry said, in an effort to stop them from cutting from education and raising taxes and college tuition. (stimulative, job-creating tax cut?) Kerry also proposed a $4,000 tax credit for every year of college attended. Students willing to give two years of service to America after their schooling could attend a public college in their state for free, he said.(stimulative, job-creating tax cut?) “I want to make college as universal as a high school education is today,” Kerry said. A tax credit for businesses staying in America would prevent the 2.7 million jobs that headed overseas during the Bush administration from happening again, Kerry said. (how does this stimulate/create new jobs? Theoretically, it keeps certain jobs from going elsewhere, but doesn't create anything "new") Meanwhile, another tax incentive would reward companies that create jobs above their 12-month average, he said. (My question is exactly what is that "tax incentive" and how will it encourage job growth? There may be a legit answer, I just haven't seen any specifics so far)