Bush seeks emergency boost for US economy (Roundup)
US News
Jan 18, 2008, 22:16 GMT
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My local news station reported this morning that the money Bush is going to hand out, has been tentatively reserved for individuals who make $85,000.00 a year, and couples who make $110,000.00 and above. Please tell me he's not going to hand out freebies to the wealthy! If he wants people to take this money, and go spend it, give it to the middle class and the poor!! I would love to go on a shopping spree at the mall with that money. I need new jeans and boots but can't afford it after the mortgage payment. Why should the people who are already spending money on themselves get even more? I hope this isn't the truth.
is doing something now, then it is already too late. This guy will be late for his own funeral.
he just wants to go out thinking he was great. well Duh!
with his middle finger......
Where is SP4 when we need him? He should be here repeating his usual rants about the american economy being wonderful and that there is no problem. That's the way to solve this crisis !
Perhaps he can no longer afford his meds?
Perhaps those headlines from Iraq, which no longer make the front page that is taken up with primaries and other irrelevancies this far ahead of Super Tuesday and the conventions, should get some more ink (or bytes), so the American people understand that they're out of touch. American troops are still dying, as well - just in lesser numbers; but 'dead is dead':
edition.cnn.com/2008/WORLD/meast/01/19/iraq.violence/?iref=mpstoryview< br />
'BAGHDAD, Iraq (CNN) -- Fifty-six people were killed and 70 were wounded Friday when fighting broke out in Basra and Nasiriya between security forces and members of a violent Shiite messianic cult, authorities said.'
(Note that has NOTHING to do with al Qaeda, but rather fanatical Shiites).
By the way, President Panacea is targeting the tax rebate at LOWER-earning individuals, with the cuts for people making LESS than the cutoffs, whatever those end up being. Some of this 'money pot' is being claimed by business as well. Bear in mind that this 'gift' increases the National Debt, and will come out of the pockets of your kids when they have to pay taxes. The 'free lunch' crowd is back in business in an election year.
If interest rates can be kept low, that will help to lower interest payments on that debt in terms of keeping yields down on government-issued paper; but the oil price hike is still inflationary, as nearly everything you touch in today's world is made from oil, including the pen you write with, and the plastic keyboard you type on.
From the picture it looks like he's 'bewitched, bothered and bewildered'!
Easy kids! I actually have a life.
You've enjoyed record employment
record tax receipts
low inflation
historic high household wealth
for the lats 7 years and now, the party is over.
here's the best part:
The tax cuts expire in 2009. Now, every company in the US will get a higher tax bill, all other things being the same.
They will reduce their investments, people will put their taxable investmetns under cover, capital costs will increase, and a general recession.
All of this can be avoided by making the cuts permenent.
Bush must go into his office and just cackle!
Don't blame us, we voted for Bush! hahahahahahahahahahahahahahahahah
hahahahahahahahaha!
The democrats are so afraid of a recession once they get in office, they are touting this too!
Tell me, what is it about Bush that he, consistently, can bend over the dems, time after time, and they just spread their cheeks in anticipation? Heck..they 'control' the congress, just look at the spectacular job rating they have!
Or, look at the failed voted-for-it-before-they-voted against-it charade they still have going on!
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Amazed...........Jan 18th, 2008 - 22:37:38
that he will even admit the economy needs a boost!!!
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