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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (23109)	5/16/2004 1:30:10 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 81568

so did we have an internet bubble in 93/94 then, the first part of "Slick's" term? Answer: no. But we had fiscal responsibility with a strong fiscal leadership team, something Bush has no ability to provide. Consequently Bush has been a financial disaster from day one, especially with regards to excess PORK spending, and there is no blaming "slick" for that. We have to raise rates to get this deficit back on track. Bush policies have enabled a wonderful resurgence in inflation and other maladies. In general, a mess.

To: Bearcatbob who wrote (23109)	5/16/2004 2:01:01 PM
From: Orcastraiter	Read Replies (1) \| Respond to of 81568

Bearcat, you said you wanted to debate getting out of Iraq. Now you want to debate economics. Curious indeed. On economics, I agree with the Kerry plan that will lower taxes on smaller incomes and raise taxes on only the highest incomes. This in combination with a tax break for corporations who behave patriotically should help to stimulate the economy. Even Warren Buffet agrees that taxes on the wealthiest people are too low. The Republican model of trickle down has never worked. And now with the Bush administration we have yet another example of the harm that is done to the economy. Many people are making less money now than they were four years ago. When people make less money they spend less money, thus creating a consumer slow down which affects every level of the economy. Our economy is consumer driven. It's bottom up...not top down. When consumers have money they will spend that money and it will ripple through the economy, creating jobs. When the tax cuts are at the top of incomes, no real economic lift is provided, unless of course some investment is made. But where do you invest when consumers don't have any money to buy what you want to produce? You see it's backwards in logic to reduce the tax burden on the wealthy. Think of the economy as a pump. If you want a healthy economy you need to move dollars. Every time the dollar moves, some tax will be paid on it which will fund our government needs. But more importantly the movement of dollars creates jobs and opportunities, which the wealthy can then invest in, which in turn creates more opportunities. When the water level in the well goes down to the level of the suction pipe, ie the amount of money available to consumers is low, the pump starts sucking air. Money stops moving, tax revenues go down, investment goes down, inflation goes up. In summary the best things that this government can do right now is to stimulate the economy from the bottom up. More tax breaks to the lower incomes, more tax incentives to small businesses and good corporate partners. Higher rates of taxation of the top incomes to help balance the budget until the pump gets running again, when all tax rates can be lowered again. The cost of health care is taking dollars out of the economy too. Many consumers are paying too much for energy and too much for healthcare. This is hurting the economy as a whole. We need to be smarter in how we use our energy and healthcare resources. Currently the only ones smiling are the HMO's the Pharma co's and the CEO's of oil companies. Inflation needs to be controlled too. The primary driver of inflation right now is oil prices. We as a country need to recognize that and be proactive in diversifying our energy use and demand. The government has a role to play here too. Well that would be my plan. And it appears that Kerry's plan is pretty much in agreement with what seems to be the way out of this economic mess that Bush has created. I hope that you concur and will vote for Kerry. Orca

To: Bearcatbob who wrote (23109)	5/16/2004 2:04:17 PM
From: bentway	Read Replies (2) \| Respond to of 81568

As Warren Buffet has said "If there's class warfare, my class is winning!". Class warfare isn't debating about tax policy. Class warfare is when the poor break into the gated communities and attempt to take their due, while the wealthy have them killed by private security.

To: Bearcatbob who wrote (23109)	5/16/2004 2:47:59 PM
From: American Spirit	Respond to of 81568

Can the "class warfare" line, it's BS. That is a line dreamt up by those in the business of defending the ultra rich idle investor/inheritance class from having to pay their fair share of taxes. They also defend the top CEO's and richest corporate interests. All versus the people. As the book "perfectly Legal" proves (written by a Republican tax expert) the tax code we have now is a outrageous scam tilted heavily toward the very-very rich at the expense of everyone making less than about $500,000 a year. It needs to be reformed. Warren Buffett is right. And he should know.