It was clintons policys that had the best economy and the best returns on stocks in The USA historys


The current boom in the economy ,,,last 3 years

was from greenspan lowering the fed funds rate to 1%,,,and the excessive free money supply,,,creating a inflationary enviroment,,,Bushes taxes are nothing more than a political lie,,,

now that they have raised the rate the economy is puttering at 1.6%


If the tax cuts were benificial,,,, the economy would not be at 1.6%


Resinman

Dank & Med ...

How can I defend my position on tax cuts if you guys never define the term "rich?"

In your estimations, what size income deems a person "rich?"

Vi

It's like saying "The one eyed man is king in the land of the blind" How much is too much. Let's pick a figure: If you've got 100,000 in a savings acct or stock acct, and you don't owe it for anything except your dwelling, your rich. This does not count your other assets like autos and dwellings and various things like jewelery etc, I suppose if you,ve got 100,000 more than me,your rich. Hell I don't know it's so subjective, I guess a net worth of half a mil would do it, Basically it's the attitude of smug I've got more than you assholes I can't stand, no matter how much they have. In the order of the world I'm in the top 2% of wealth and I don't have squat, but I'm rich compared to 98% of the population, It's that.1999% I can't stand!

Anyone who makes over $300,000 a year can be considered rich.. How's that for you Vi, give you something to work with?

Med ...

So, anyone with more than you is rich, is that it? Like I said in a previous post, you suffer from envy, jealousy and greed. And by the way, I'm getting a bit tired of you continually referring to me as an asshole. For the life of me, I cannot fathom your irrational responses to a simple political discussion. Why don't you go run along and torque down a few head bolts or something.

Dank ...

An income of 300k a year would put that individule into the top 1% of wage earners. Now, its not likely that that person would have that income if he lived in Cut-N-Shoot Texas where 300K a year would probably be a ton of money. BUT ... in Manhattan or Malibu that would just about pay the interest on the home mortgage. Wealth is relative and in the eye of the beholder.

Vi

Regardless, the tax breaks that were past by the Bush Administration don’t even have any real benefit to anyone until they reach the $300,000 wage bracket.
And yes, not just the top 1% need to be taxed, the top 5% should be taxed.
BTW there are places in Texas where $300,000 a year isn’t enough, Try Houston and Dallas and Austin.

Dank ... the top 5% already pay the majoroity of the income tax now. And, you statists keep missing the fact that Bush's tax cuts not only caused the economy to boom, but also caused the budget deficit to be cut in half.

Vi

The Economy has only boomed in the stock market, it nas not reached the street. And before you start dragging out your Unemployment figures, need I remind you that those are figures for new filings and in no way reflect those who are on benefits or those who's benefits have ran out.

Hmmm ...

OK, forget the unemployment figures for now.

Interest rates are still at near record lows with no raises in sight.

Home ownership is at an all time high with 68% of Americans owning their own homes.

Stock Market is at a record high, benifiting the "man in the street" by bolstering up retirement plans, 401k plans and the security of those already retired from the private and public sector.

The federal government's deficit has been cut in half due to the tax cut causing an increase in revenue to the government's coffers.

If you Big Government guys want to increase revenue, stop punishing success through tax increases. Cut taxes further to allow the engine of capitalism to produce more revenue. It works every time.

And by the way, Clinton was no great shakes. The Democrats tout Clinton's budget surplus. Well, that surplus was gained though raising taxes right after he took office in his first term. It was a record tax increase, made retroactive, and that caused major disruptions in the business community.

A government surplus is nothing to brag about as it just means that the government has confiscated more of the nation's wealth than government needs.

Vi

Vi, I'm sorry my old fart friend, I calls em as I sees em. Maybe if I met you in person I'd change my mind, highly unlikely, but possible. Yeah just chalk me up to jealousy,greed, and whatever other asshole name you are calling me, I'll just stick with asshole. I'd like to torque your headbolt a little, I know that would be wonderful. BTW that is no threat as I'll never meet you and I'm a very non-violent person. all of my posts about doing harm to you are in jest, in the vernacular if you must. So lighten up and enjoy my banter, after all who else do you have to argue with besides me and Dank, and as far as researching facts, show me how to post links and maybe I'll do one once-in-a-while, I'm far from being a computer Guru!

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