rsmith6621a
Posts: 1507
Joined: Fri Aug 05, 2005 2:21 pm

Bushes Economic Plan Is Working Well

Fri Jul 30, 2004 9:02 am



Well a data straight from the Internal Revenue Services data base states the Bush economic plan is working well.

Income amoungst the countrys middle and lower incomes have slipped WHILE.......the income of those who occupy the Top floors rose.....

Yep!!!!!!!...........Working well.

http://money.cnn.com/2004/07/29/news/economy/income/index.htm
Did You Ever Think Freedom Could Be this Bad
 
StarAC17
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RE: Bushes Economic Plan Is Working Well

Fri Jul 30, 2004 9:11 am

Yes and then they will say that the average salary has gone up (which is true) but the benefits are not seen.
Engineers Rule The World!!!!!
 
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EA CO AS
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RE: Bushes Economic Plan Is Working Well

Fri Jul 30, 2004 9:12 am

Way to spin the data to make it sound bad. Now let's look at it OBJECTIVELY:

Report: IRS data shows first-ever consecutive-year drop; loss of jobs blamed.
July 29, 2004: 12:59 PM EDT



NEW YORK (CNN/Money) - Americans' overall income shrank for two consecutive years after stocks plunged in 2000, the first time that has effectively happened since the current tax system was put in place during World War II, according to a published report Thursday.


In other words, the reason for incomes dropping overall is the LOSS OF JOBS that came for two years following the stock drops of 2000 - OTHERWISE KNOWN AS A RECESSION.

Last I checked, job losses during a recession were commonplace. The drop in overall income, as indicated above, was BLAMED SQUARELY ON THESE JOB LOSSES.

Bush's economic plan, particularly the tax cuts, have cushioned the blow of a recession - even Fed Chairman Alan Greenspan said so!

As usual, nice try - but you're woefully incorrect.

"In this present crisis, government is not the solution to our problem - government IS the problem." - Ronald Reagan

Comments made here are my own and are not intended to represent the official position of Alaska Air Group
 
airplay
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RE: Bushes Economic Plan Is Working Well

Fri Jul 30, 2004 10:33 am

Bush actually saved the economy by invading Iraq. Iraq, the second largest oil producer was about to convert from the US dollar to the Euro for oil trade hard currency. That would have meant a great deal of US dollars would have flowed back into the US from foreign countries, devaluating it.

The US already has a death grip on Saudi Arabia for the same reason. The US economy is propped up in the oil industry and when it collapses or converts to another form of hard currency, the US economy will follow...
 
scottysair
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RE: Bushes Economic Plan Is Working Well

Fri Jul 30, 2004 12:42 pm

It is very good for president Bush is saved the economy by invading Iraq. It is need to make hring with their new job and etc. It is good deal for more money with economy and way back of old companies. It should need to make good reason with president Bush and keep them make more improved with US economy.
 
An-225
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RE: Bushes Economic Plan Is Working Well

Fri Jul 30, 2004 3:00 pm

That was the most moronic response I've ever heard.....
Money does not bring you happiness. But it's better to cry in your own private limo than on a cold bus stop.
 
L-188
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RE: Bushes Economic Plan Is Working Well

Fri Jul 30, 2004 3:12 pm

One of the things that you will probably never convince otherwise of is how much worse the US economy would have been in 2000-2003 if Bush hadn't pushed through his economic programs.

By all logic with all of the hits from 9/11, the accounting scandels (Tax years before 2000 mostly), the tech bubble bursting before he took office, the economy by all logic should have been much worse off then it actually was.
OBAMA-WORST PRESIDENT EVER....Even SKOORB would be better.
 
cfalk
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RE: Bushes Economic Plan Is Working Well

Fri Jul 30, 2004 3:16 pm

Again people, pay attention.

The article is a rehash of 2-year old data.

The New York Times, reporting data from the Internal Revenue Service, said gross income reported to the agency fell 5.1 percent to $6.0 trillion in 2002, the most recent year for which data is available, down from $6.35 trillion in 2000.

NO SHI&!!!

The U.S. was in a recession in 2002, and was at the end of the boom in 2000. Of course there is going to be a decrease in profits and free income, the basis for taxes. This news is out of date. If you want timely figures, go here. http://bls.gov

DUH!!!

The only thing you should feel when shooting a terrorist: Recoil.
 
BR715-A1-30
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Joined: Thu May 30, 2002 9:30 am

RE: Bushes Economic Plan Is Working Well

Sat Jul 31, 2004 12:29 am

At least Bush is telling the truth in one way. I found this picture on his website, and it sure is the truth.



This is where bush is taking us... Down the road to nowhere.
Puhdiddle
 
cfalk
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RE: Bushes Economic Plan Is Working Well

Sat Jul 31, 2004 1:04 am

Just because you can't see the end does not mean there is none. This war on terrorism will last the next 30-50 years, at least, in my opinion.

Charles
The only thing you should feel when shooting a terrorist: Recoil.
 
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RE: Bushes Economic Plan Is Working Well

Sat Jul 31, 2004 1:17 am

Sure isn't working for my family. Dad's been out of a job for over 8 months now (Stanford Ph.D.EE, 20+ years experience)...
 
QIguy24
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RE: Bushes Economic Plan Is Working Well

Sat Jul 31, 2004 1:30 am

I agree with you Chalres.
But I'm afraid that we will never get rid of terrorism and Terrorists. Everyday they breed more brainwashed fools who commits thes idiotic acts.

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