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Born at the Crest of the Empire

Tuesday, September 05, 2006

It's not the tax cuts

Dear Mr. Bush,

It's not the tax cuts that are propping up the economic numbers. It's deficit spending. The tax cuts are simply serving to channel those benefits to the wealthy.

(Maybe we should force Bush to do his own version of "The Simple Life," or a "30 days" episode. A couple of weeks cutting chicken for near minimum might change his perspective a little.)

posted by mikevotes at 7:04 AM

6 Comments:

  • At the very bottom of the article (or at least the one I read on this subject) it mentions that wages have increased by .5% since Bush took office in 2001 (that is total, not yearly).

    I can't understand what the complaint is. (Thats sarcasm).

    By Blogger Praguetwin, at 11:20 AM  

  • But the economy is booming. Look at corporate profits.

    (I too find sarcasm quite difficult in short text.)

    Mike

    By Blogger mikevotes, at 12:43 PM  

  • "To make sure that we're the economic leader of the world, we got to keep taxes low," No you idiot, to make sure we're the economic leader of the world, we have to have a damn economy that works for everyone.

    By Blogger Lew Scannon, at 3:37 PM  

  • Right. The middle class is the engine of a consumer economy.

    Mike

    By Blogger mikevotes, at 5:01 PM  

  • Corporate profits and the DJIA, both way up. I think this is the first time in American history where an economic booms paralleled broad discontent over the economy.

    Sign of the times.

    There should be a symbol for sarcasm, like a smiley.

    By Blogger Praguetwin, at 6:04 PM  

  • We've had those weird periods where economic bad news like layoffs are greeted with stock rallies because of the belief it will force the fed to lower rates, but I don't remember anything this long.

    Maybe the emoticon should be some sort of sneer.

    Mike

    By Blogger mikevotes, at 9:22 PM  

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