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07-11-06, 10:36 PM | #1 | |
Earthbound misfit
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07-11-06, 10:40 PM | #2 | |
my name is Ranking Fullstop
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07-11-06, 11:04 PM | #3 |
Earthbound misfit
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It's my worst nightmare, knife. I hope to God it doesn't come true. Pelosi sounds like she's discovered that you don't have to tax the people in order to spend their money, and increasing the minimum wage is one example of that kind of thinking. I also fear that Democrats will abandon veterans the way they'll abandon the nation our troops are fighting to secure. Iraq keeps getting compared to Vietnam, well it looks like it will end the same way, with a young democracy destroyed by poverty and hordes of fundamentalists while it is shunned by its former ally, an America that treats its veterans with an equal amount of neglect. Hooray for Democrats!
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08-11-06, 04:03 PM | #4 | ||||||||
I took both pills.
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And since i couldn't find a page where Nancy Pelosi explains how she is going to fund any of her ideas this comes across as ... well to be honest ... hot air. Don't get me wrong i applaud the idea to restore some integrity to any political system (including my own government) With daddy bush working for the carlyle group and with unlimited access to his son the pres. sound a bit dodgy at best. Quote:
@Mazer: i think this one requires government spending Quote:
An increase in minimum wage from $5.15 to $7.25 is an 40% raise. Now even to a lefty like myself that sounds pretty steep. Nevertheless I hope she will be able to pull it off, yes with all the consequences that it holds, but I seriously doubt it. Oh, i stole the $5.15 an hour figure from the U. S. department of labor Quote:
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08-11-06, 08:12 PM | #5 |
my name is Ranking Fullstop
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so, you have one party that cut taxes, sent the deficit skyrocketing, and is financing a war by borrowing hundreds of billions of dollars. now you have the prospect of the other party coming in with an ambitious agenda and the stated intention of rolling back the tax cuts to pay for it.
who's the more fiscally responsible party? |
08-11-06, 09:12 PM | #6 | |||
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09-11-06, 09:27 AM | #7 |
Earthbound misfit
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What I'm saying, Malk, is that the Democrats can undo all the economic progress this country has made in the last six years.
By personal savings I'm not just talking about your checking & savings account at your local bank. I'm including individual retirement accounts, stocks, mutual funds, certain types of bonds, and any other place people put their money away. In desperation people may begin drawing on these savings before they reach maturity, incurring penalties and putting their futures in jeopardy at the same time. Medical insurance is very high, but people who really want it can and will find ways to pay for it. I wonder how long that will last. Things can always get worse, and you may have noticed how things were just starting to get better. knife, just because the government is in debt doesn't mean the people are. Federal fiscal policy and America's economy intersect at the Federal Reserve, so the government debt affects interest rates. But other than that the government can only improve the economy directly by decreasing taxation. Unless you're willing to give up on a lot of important social programs, it's near impossible to decrease the national debt and improve the economy at the same time. I just don't see that happening before the next general election. Last edited by Mazer : 09-11-06 at 09:42 AM. |
09-11-06, 10:12 AM | #8 | |
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09-11-06, 10:43 AM | #9 |
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Do you remember the recession that began in 1999? It ended in 2001 and the economy has progressed strongly since then. The Dow is now at its all-time high, above 12,100 points; four years ago it was in the 8,000 range. That's a 4-year, 50% increase for that part of the economy (hint: that's frickin huge). During the same period unemployment rates have stayed below 6%, now at 4.4%. Gas prices have been high, but at the moment they're lower than they have been in more than two years, and crude has dropped to about $60 a barrel. Are you skeptical of the data, Malk, or are your standards just too high?
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09-11-06, 07:34 PM | #10 | |
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09-11-06, 08:30 PM | #11 | ||
my name is Ranking Fullstop
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case in point - me: i have a mid-range five-figure income, i've worked for a Fortune 500 company for a long time, i have two kids, a mortgage, a 401 K etc etc. in short, economically speaking, i'm pretty typical middle class. this is my experience: on the plus side, i have recently seen the value of my stock portfolio increase (after a long slide). this is nice, but since my stocks are in a 401K, this rise is a blip in the big picture that will not benefit me for many years. i have also seen the value of my home rise dramatically in the last couple of years. this is also nice, but also does nothing for me for the foreseeable future - if i sell my house, any gains will be wiped out by the house i buy elsewhere. on the negative side, my company has struggled, as have most over the last few years and we do more with less. i get annual salary increases, but my economic gains severely impacted by increases in health care costs. last year, it cost me about $4000 to insure me and my kids - this year, it has increased to $5400 (plus higher deductibles and copays). add it up and that will be a couple of thousand dollars that i could have spent elsewhere. oh, and gas is already on it's way back up (i paid $2.05 over the weekend - i paid $2.17 today). so i'm holding my own, but i don't see a great economy. my situation is typical - my coworkers, customers, and most of the people i run into every day could tell pretty much the same story and i think the election results reflected that to some extent. at the end of the day, waving unemployment numbers and dow jones industrial averages just doesn't mean much in real terms. |
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14-11-06, 12:16 PM | #12 |
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Many Republicans still don't get why they lost the election. Take Florida U.S. Rep. Clay Shaw, as the joke goes, please! He blames everyone but himself. Rep. Shaw believes that had Defense Secretary Donald Rumsfeld resignation been before the election, that he and many other Republicans would have won reelection. "My first impression was that the extra votes that I needed would have been there," said Shaw. Really, in Shaw's mind it is Bush and Rumsfeld's fault that Shaw lost reelection to Democrat Ron Klein. Shaw is in denial. He himself said in the same interview, "I stayed loyal to the president. I believe in this president, as a Republican, I have the responsibility not to run away from the president unless I clearly think he is wrong." Well maybe Mr. Shaw you lost because the people don't want a rubberstamp congressman, or because the people didn't believe in this president and because you believed in a president the people didn't believe in they didn't believe in you, or maybe it is because as a Republican you didn't give any dissent because your loyalty was to your party and not your constituents. Rep. Clay Shaw didn't lose because of Bush and Rumsfeld, Rep. Clay Shaw lost because he stood by them when the people wanted action from their representative not more of the same lip movement. Rep. Clay Shaw and the Republican Party cried wolf one too many times. They try to demonize the Democrats every election but this time the people saw the Republican Party as the party in power, the party that mismanaged the Iraq war, mismanaged Hurricane Katrina, mismanaged the budget, mismanaged the Mark Foley scandal, mismanaged themselves as their own were convicted of bribes and other misdeeds. Where was Rep. Clay Shaw on all these matters? He was silent and nowhere to be heard from...
Rep. Clay Shaw didn't lose reelection because Rumsfeld resigned after the election instead of before it. Rep. Clay Shaw lost because he was part of the corrupt Republican Congress that has mismanaged the country for the last several years. People are tired of the old political party hacks; they want their representative to standup to corruption and mismanagement even if it goes against their own party. If Shaw had any gonads he would have stood up to his own party but he didn't because he was nothing more than a rubberstamp for the Bush Administration and the big spending Republican Congress... Rep. Clay Shaw said, "I wouldn't have run this time," if he thought the Republicans would be the minority party because, "I've been in the minority and it's frustrating." Well fortunately for Clay Shaw and for us, he lost and won't have to be part of the minority party in Congress... |
14-11-06, 04:38 PM | #13 |
Earthbound misfit
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Heh. The Dems aren't as ungracoius about their win as you are, Repo.
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