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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (84322)12/12/2006 2:47:54 PM
From: Orcastraiter  Respond to of 173976
 
The economic brilliance of Bush is amazing. You know if you lower taxes, revenue will increase. There's no end to the revenue you can generate by lowering taxes.

And deficits don't matter. Just buy and fund anything you want. And don't worry about paying the bill, we'll just lower taxes again to raise revenues even more.

So far this hasn't worked, but don't let the facts confuse you. The value of the dollar keeps going down. Thinking of a European vacation? Get out your Visa card...you're going to need it to buy a soda in Paris.

The value of gold has skyrocketed when priced in dollars, but if it's priced in Euros the curve is not near as steep. What's really happening is that the value of the dollar is going into the toilet. Lots of investors are fleeing dollar based investments, which puts further pressure on the dollar.

We're going down in flames...and it's by design. The wealthy who are hedged for a falling dollar, make even more money on your cheap labor paying you with worthless dollars.

Bush should be impeached for economic reasons alone. We don't even need to bring up Iraq, Afghanistan or 9-11.