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Showing posts with label George Bush Spending Bill Surplus Deficit Middle Class Christian Sermon Mount. Show all posts
Showing posts with label George Bush Spending Bill Surplus Deficit Middle Class Christian Sermon Mount. Show all posts

Saturday, January 24, 2009

John Boehner is a Bonehead

So our head republican, John Boehner doesn't care for Obama's economic plan. He thinks that we should implement tax cuts. Get this, "We presented President Obama with our ideas to jump start the economy through fast-acting tax relief — not slow-moving government spending programs," House Republican leader John Boehner of Ohio said in the weekly GOP address. "We let families, entrepreneurs, small businesses, and the self-employed keep more of what they earn to encourage investment and create millions of new private-sector jobs."

Boehner said the Republicans would cut taxes for every taxpayer, dropping even the lowest income tax rates. "That's up to an extra $3,200 per family every year — money that can be saved, spent or invested in any way you see fit," Boehner said. He also proposed a tax credit for home purchases, an end of taxation of unemployment benefits and tax incentives for small businesses to invest in new equipment and hire new employees.

"We cannot borrow and spend our way back to prosperity," Boehner said." Oh my God. I just can't imagine where these guys get their ideas. So we can tax cut ourselves back to prosperity? Johnny in case you didn't realize this you gotta have a job to pay taxes. And if you got no job a tax cut is gonna get you nothing. Get it? You got to be a taxpayer before a tax cut does anything for you. I just don't understand this continued belief that tax cuts will solve all our problems. Maybe if you already have a gazillion bucks in acquired wealth that is a great idea but we have already had 8 years to try out the tax cut strategy and IT DIDN'T WORK!

We can't borrow and spend our way to prosperity he says, but actually that is exactly what we can do. If the borrowing and spending create jobs that pay taxes and allow people to consume then we can do exactly that. Consumption drives our economy. And unless Mr Boehner has a radical idea to change the driving factors of our economy then we need jobs and consumers to start the engine of our economy. Look, although some wealthy SOB's would like you to think that Keynesian economics didn't work they are wrong, it did work. I helped to put people to work and begin the end of the Great Depression. So Obama's Idea is a good one. Let's try it out before we start saying it doesn't work. Because the Tax cut strategy sure as hell didn't work.

Wednesday, December 26, 2007

I can't help myself, What's Bush's excuse?

Yes, I know I wasn't planning on writing anything til after the new year but I really can't help myself. Especially when things happen like Bush signing spending bills and bitching about the democrats spending. You know it boggles my mind when this guy can sign legislation that gives him yet another blank check for his war and he has the audacity to complain about the pork in the bill? Hello? Anyone remember that Mr. Bush was handed a huge surplus by his predecessor? One that he quickly turned into a deficit by handing most of the wealthy a big tax cut. How about this quote from the Brookings Institute, "We are so numbed by large numbers that the once-in-a-generation significance of prospective surpluses of nearly $5 trillion over the next fifteen years is hard to appreciate." Hard to believe isn't it? Within one presidential term this potential surplus became the largest deficit in history. Thanks Mr. Bush. (asshole) And since we are on the subject of fiscal numbers did you ever have the feeling that things are just a little harder economically for you (us) middle class folks than they were for your Mommy and Daddy? Well they are harder! And here I thought it was my imagination, and I was just being irresponsible wanting to eat AND buy my prescriptions AND heat my home this winter. Heck I feel warmer already. But what is middle class nowadays? More than 40k? More than 100k? Who knows anymore. But fortunately we have tips on how to cope. What's most frustrating is that our wonderful 'christian' president has no idea what it's like to be crunched. He is in a world of his own. You gotta admit it is pretty ballsy to call the troops on the holidays and thank them for the service they are providing. Of course it's just a service to him. Mr. Bush, how many dead now? I know he is not a reader or anything, except maybe the sports page and his comic books, but maybe he should hunker down and read the Sermon on the Mount. I think there is something in there about the meek inheriting the earth and some other tripe about being kind to your neighbors and such. Maybe you're just another despot? I could go on and on but I will save it for another post at a later date. There is never too much to write about our pal George. Sadly for him not much of it is good.