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The success of Bush
Posted by: Mofo ()
Date: April 18, 2008 06:40PM

With Fancy formatting:

http://duggmirror.com/politics/What_8_Years_of_Bush_and_Cheney_Have_Done_to_the_U_S_Economy/




Bushleague Management of Our Economy Then: 2001 Now: 2008
U.S. national debt $5.7 trillion $9.2 trillion*
* Of which China holds IOUs worth $390 billion
Real GDP growth over prior 8 years 4.09% 2.65%
U.S. trade deficit per year $380 billion $759 billion
Cost of imported consumer goods $1,147 billion $1,954 billion
Value of consumer goods imported from China $102.3 billion $322 billion
(in 2007 China became #1 source of U.S. imported consumer goods)
Cost of one euro $1.01 $1.45
Cost of one ounce of gold $319 $892
U.S. budget surplus/deficit +$236 billion -$354 billion

Getting by in America
Fair trade!Bush says: "In the long run, Americans can be confident about our economic growth."(State of the Union speech 2008)

The facts say: While the overall economy has grown, the wages of the average worker have not even kept up with inflation. Meanwhile, nearly five million more Americans have fallen into poverty since 2001.
Bushleague Management of Our Economy Then: 2001 Now: 2008
Corporate profits before tax $719.2 billion $1,769.5 billion
Corporate profits after tax* $503.8 billion $1,351.9 billion*
Pharmaceutical company profits (top 9) (top12)** $30 billion $80 billion
Cost of imported consumer goods $1,147 billion $1,954 billion

*Standard & Poor's 500 top corporations' profits more than doubled in the period 2001-2005 and reached 8.6% of Gross Domestic Product in 2006–the highest percentage of GDP on record.

**Drug-companies' profits continue to be around 18.5% of their sales income, versus 3.1%for other top-500 companies.


Bushleague Management of Our Economy Then: 2001 Now: 2008
Net worth of the wealthiest 1% $186 billion $816 billion
Number of billionaires 186 415
Their combined wealth $816 billion $3.5 trillion
Average salary of top 500 corp CEOs in 2007 $15.2 million
In 2006, buyout mogul Henry Kravis paid himself $51,400...an hour.
Bush tax cuts to the top 1% 2001-2007 $546 billion



Edited 1 time(s). Last edit at 04/18/2008 06:48PM by Mofo.

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Re: The success of Bush
Posted by: Vince(1) ()
Date: April 18, 2008 07:34PM

A vote for McCain will be a vote for McSame policies.

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Re: The success of Bush
Posted by: WashingToneLocian ()
Date: April 18, 2008 09:38PM

I don't know if John McCain is McSame, but he sure the heck hasn't proposed anything new...except that he really WILL attack Iran.

The best thing we could do for the situation in Iran is pull out of Iraq. The instability in Iraq will cause millions of refugees to flood into Iran. The Iranian government will be spending so much time trying to stabilize the situation they won't have the time, energy or resources to invest in nukes.

Of course, McCain will order air strikes, miss the key facilities and unite all Iranians behind a nutjob who previously had only marginal power. We will never learn.

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Re: The success of Bush
Posted by: Gravis ()
Date: April 19, 2008 07:58PM

file.php?40,file=2557
"the wisdom of the wise will perish, the intelligence of the intelligent will vanish."095042938540

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Re: The success of Bush
Posted by: native american ()
Date: April 19, 2008 11:54PM

The only thing Obama and the Witch have proposed are more taxes and more government programs. I don't see that helping the economy. So what are we left with?

When her husband was in power he raised taxes on what he called the wealthy. Trouble was the wealthy was described as someone making 50k or more a year. Anyone on here making 50k believe themselves to be wealthy?

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Re: The success of Bush
Posted by: FUNdamentaql ()
Date: April 20, 2008 09:06AM

native american Wrote:
-------------------------------------------------------
> The only thing Obama and the Witch have proposed
> are more taxes and more government programs. I
> don't see that helping the economy. So what are we
> left with?
>
> When her husband was in power he raised taxes on
> what he called the wealthy. Trouble was the
> wealthy was described as someone making 50k or
> more a year. Anyone on here making 50k believe
> themselves to be wealthy?

That is just not true. The threshold was $160,000 a year. Now, go back to listening to WMAL, and while you are at go see the movie Expelled, it was designed with you in mind.

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Re: The success of Bush
Posted by: Vince(1) ()
Date: April 20, 2008 09:17AM

Gravis Wrote:
-------------------------------------------------------
>

Dear Gravis...there really isn't a need for you to comment on every posting on here. And every topic doesnt have to meet your standard of what is interesting...so get back on your video game...keep searching for the ridiculous and often violent pictures you continually post on here...but feel free to just keep quiet.

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Re: The success of Bush
Posted by: Gravis ()
Date: April 20, 2008 09:28AM

Vince(1) Wrote:
-------------------------------------------------------
> Dear Gravis...there really isn't a need for you to
> comment on every posting on here.

file.php?40,file=1943


> And every topic
> doesnt have to meet your standard of what is
> interesting...


file.php?40,file=734> so get back on your video
> game...keep searching for the ridiculous and often
> violent pictures you continually post on
> here...


file.php?40,file=69


but feel free to just keep quiet.

file.php?40,file=2538
"the wisdom of the wise will perish, the intelligence of the intelligent will vanish."095042938540

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Re: The success of Bush
Posted by: native american ()
Date: April 20, 2008 11:13AM

Fun,
This being America you vote for whoever you want. If you watched the demo debates last week you saw both of them trying to defend higher taxes on capital gains. They were pressed when told that when capital gains are decreased spending increases making for a better economy.
People are less likely to invest when they know it will just be eaten up by taxes.

Raising taxes during a down economy is never a good idea and neither is expanding government.

And yes during Clintons office he wanted to raise taxes on the wealthy, the wealthy being 50k and above. That just doesnt cut it to me as being wealthy. I have no illusions his wife would do the same.

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Re: The success of Bush
Posted by: TheMeeper ()
Date: April 20, 2008 11:36AM

lmao @ the "FATALITY" pic, wtf....

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Re: The success of Bush
Posted by: native american ()
Date: April 20, 2008 11:39AM

Everytime I hear someone call others wealthy I recall George Harrisons I am the taxman. At the time of the song the highest tax bracket in England was 95% and as the song goes be glad I dont take it all.

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Re: The success of Bush
Posted by: Vince(1) ()
Date: April 20, 2008 10:38PM

What you all fail to realize or wish to ignore is that deficit spending is nothing more then a tax on your future. The piper will be paid as we owe the Chinese more and more of our tax dollars to pay for the bonds they continually buy to support our addictive life styles. The traditional solution to this problem is just print more money thus paying the debt with devalued dollars...the side effect of that policy is $3.50 gas...$3.50 a gallon of milk...jobs leaving the country...oh wait..thats what is happening today. So complain all you want about taxes and illegal aliens...but now that the Republikans have spent your future....you will pay...one way or another.



Edited 1 time(s). Last edit at 04/20/2008 10:38PM by Vince(1).

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Re: The success of Bush
Posted by: Ditto ()
Date: April 21, 2008 07:26AM

Amen, Vince(1). I was going to make the same point but nobody ever seems to understand. Republicans always try to scare voters into thinking that Democrats are going to raise their taxes. Government spending=taxes. Shrub and Reagan both spent more than any Democrat ever did. We'll be paying for Reagan for a long time to come before we ever even think about getting around to paying the bills that Shrub is leaving us.

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Re: The success of Bush
Posted by: FUNdamental ()
Date: April 21, 2008 07:35AM

native american Wrote:
-------------------------------------------------------
> Fun,
>> Raising taxes during a down economy is never a
> good idea and neither is expanding government.
>
> And yes during Clintons office he wanted to raise
> taxes on the wealthy, the wealthy being 50k and
> above. That just doesnt cut it to me as being
> wealthy. I have no illusions his wife would do the
> same.


So tell the President to stop expanding our government. Also, where are you getting the 50K mark? It is just wrong. He raised it on the top one half of one percent income earners. That would not be 50K and above. It would be a little over triple that figure.

The President saw the movie Expelled last week. I assume you saw it over the weekend. Did you enjoy it?

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Re: The success of Bush
Posted by: native american ()
Date: April 21, 2008 11:11PM

No I watched 21 last weekend. I enjoyed it.

BTW I do not care for either demos or reps. Both spend money we do not have. What scares me is Hillary and Obama talking about increasing capital gains taxes. You cannot stimulate an economy by increasing taxes and expanding government.

Right now China holds 30% of our debt. If they ever play hard ball and call it in we are truly screwed. Think 1930s depression to get an idea. No money, no jobs, no credit and runaway inflation.

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Re: The success of Bush
Posted by: Vince(1) ()
Date: April 22, 2008 12:05PM

When did you hear that other then that ridiculous deabte on ABC? The "vow" not to raise taxes on middle income people was ridiculous and in the flurry of debating the commentators each may have mentioned the possibility of raising the capital gains tax (not a proposal)....I think during that flurry Obama raised the question whether it was fair for hedge fund managers to pay very little tax on any of their income...the implication being perhaps the increase in tax might be progressively applied...or that perhaps the tax might be applied when the circumstances changed...when the economy was in better shape then today. As a matter of domestic policy..we should not be prodding politicians to make such stupid promises when the situation might change and might require increase taxes. Let's face it...we cant continue on spending and decreasing taxes indefinately! The piper must be paid!

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Re: The success of Bush
Posted by: Taxed ()
Date: April 29, 2008 11:19PM

Vince(1) Wrote:
-------------------------------------------------------
> What you all fail to realize or wish to ignore is
> that deficit spending is nothing more then a tax
> on your future. The piper will be paid as we owe
> the Chinese more and more of our tax dollars to
> pay for the bonds they continually buy to support
> our addictive life styles. The traditional
> solution to this problem is just print more money
> thus paying the debt with devalued dollars...the
> side effect of that policy is $3.50 gas...$3.50 a
> gallon of milk...jobs leaving the country...oh
> wait..thats what is happening today. So complain
> all you want about taxes and illegal aliens...but
> now that the Republikans have spent your
> future....you will pay...one way or another.

kind of like supporting neverending, ever increasing school bonds in FFX county.

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Re: The success of Bush
Posted by: Vince(1) ()
Date: April 30, 2008 06:59AM

Taxed Wrote:
-------------------------------------------------------
> Vince(1) Wrote:
> --------------------------------------------------
> -----
> > What you all fail to realize or wish to ignore
> is
> > that deficit spending is nothing more then a
> tax
> > on your future. The piper will be paid as we
> owe
> > the Chinese more and more of our tax dollars to
> > pay for the bonds they continually buy to
> support
> > our addictive life styles. The traditional
> > solution to this problem is just print more
> money
> > thus paying the debt with devalued
> dollars...the
> > side effect of that policy is $3.50 gas...$3.50
> a
> > gallon of milk...jobs leaving the country...oh
> > wait..thats what is happening today. So
> complain
> > all you want about taxes and illegal
> aliens...but
> > now that the Republikans have spent your
> > future....you will pay...one way or another.
>
> kind of like supporting neverending, ever
> increasing school bonds in FFX county.


I think FFX county bond rating says it all about this issue.

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Re: The success of Bush
Posted by: Really ()
Date: April 30, 2008 11:41PM

Vince(1) Wrote:
-------------------------------------------------------
>> I think FFX county bond rating says it all about
> this issue.


Griffin and Edward L. Long Jr., deputy county executive for finance, have also said that using the fund could jeopardize Fairfax's bond rating, which is Wall Street's appraisal of the county's creditworthiness. Its AAA rating from the three major financial agencies allows it to borrow money for big public works projects at low interest rates.

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