The left is killing the economy .

[boilermaker55]

Yes, you know how they think. Trickle down and all that BS.

Lower tax rates on individuals and corporations ,Lower energy costs through coal and natural gas ,and oil resources sitting in the ground waiting to be used. ect...... the left is against everything that would boost our economy .....WHY ??

Yes we saw how the economy boomed under Dubya, lol



CBO: Fed tax rates hit historic low

The average tax rates for American households reached a historical low in 2009, according to a report issued by the non-partisan Congressional Budget Office.

Indeed, federal taxes for American households averaged 17.4 percent in 2009, a historical low over the 1979 to 2009 period.

WEIRD, WASN'T THAT WHEN THE TP (BIRCHERS) WERE FORMED?


CBO: Fed tax rates hit historic low - Tim Mak - POLITICO.com


Your taxes are really low, in one chart

The average filer saw her effective tax rate drop from 22 percent in 1979 to 18.1 percent in 2010

Your taxes are really low, in one chart - The Washington Post


Tax bills in 2009 at lowest level since 1950


Federal, state and local income taxes consumed 9.2% of all personal income in 2009, the lowest rate since 1950

Tax bills in 2009 at lowest level since 1950 - USATODAY.com



Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory

The conclusion?

Lowering the tax rates on the wealthy and top earners in America do not appear to have any impact on the nation’s economic growth.


This paragraph from the report says it all—

“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”


Non-Partisan Congressional Tax Report Debunks Core Conservative Economic Theory-GOP Suppresses Study - Forbes


Barack Obama bests Bill Clinton's private sector job creation record


June marks 52 straight months of private sector job growth, the longest ever on record, beating out Bill Clinton's record of 51 continuous months of private sector job growth from February 1996 to April 2000. The economy has added more than 200,000 jobs for five months in a row now, the longest such streak since 1999. In the first half of this year alone the economy has added 1.4 million jobs, another accomplishment not seen since 1999.

Barack Obama bests Bill Clinton's private sector job creation record ? The People's View

 

[The Rabbi]

Yes, you know how they think. Trickle down and all that BS.



]

Face it, you couldn't define "trickle down" without resorting to sound bites, cartoons or bumper stickers if you tried.

 

[Toddsterpatriot]

The last I recall, we in the United States pay less in taxes than any other western nation, so I don't see what there is to squawk about.

The last I recall, the Federal goverment collected $2.775 trillion last year. More than any other western nation. They also spent $3.45 trillion last year. More than any other western nation.

I think there is plenty to squawk about.

How much of that $3.45 trillion is paying off your failed voting record?

Too much is going to pay off the failure I voted against.

 

[Toddsterpatriot]

Yes, Dubya starved the treasury of revenues AS he went to TWO UNFUNDED wars and gave US UNFUNDED Medicare expansion.

I know. Just awful! $4.9 trillion added to the debt in 8 years.

Not quite the same as $7 trillion in less than 6 years.

Dubya first year F/Y budget begins

US DEBT Oct 1 /2001, 5,807,463,412,200.06

US DEBT Oct 1, 2009 $11,920,519,164,319.42

Not sure about conservatives 'math'



Economic Downturn and Bush Policies Continue to Drive Large Projected Deficits

DUBYA'S Recession Caused Sharp Deterioration in Budget Outlook

We estimate that the (DUBYA) downturn has pushed up deficits by $2.5 trillion (including the associated interest costs) over the 2009-2018 period


Tax Cuts, War Costs Do Lasting Harm to Budget Outlook


Just two policies dating from the Bush Administration — tax cuts and the wars in Iraq and Afghanistan — accounted for over $500 billion of the deficit in 2009 and will account for nearly $6 trillion in deficits in 2009 through 2019 (including associated debt-service costs of $1.4 trillion). By 2019, we estimate that these two policies will account for almost half — over $8 trillion — of the $17 trillion in debt that will be owed under current policies

Economic Downturn and Legacy of Bush Policies Continue to Drive Large Deficits ? Center on Budget and Policy Priorities


Yes, Dubya starved the treasury of revenues AS he went to TWO UNFUNDED wars and gave US UNFUNDED Medicare expansion.

US DEBT Oct 1, 2009 $11,920,519,164,319.42

Sorry Charlie, Bush didn't sign that last budget.

And why would you charge Bush with Obama's not shovel ready boondogles?
Unless you were a lying lefty hack?

 

[Dad2three]

Oops, NBC/WSJ poll today shows Obama crashing and burning, especially on the economy.

Even that idiot Chuck Todd from MSNBC this morning referred to the economic situation across the country as MALAISE.

LMAO, yes he used the big M word, Dad23. I think you libs need to throw in the towel.

Yes, according to YOUR theory, Dubya lost 5 million PRIVATE sector jobs in 8 years and Obama has 10+ million under him

That's a difference of 15+ million. Which side failed?

 

[Dad2three]

Look Dad23, your ability to analyze the numbers is as bad as it gets.

Even the libs on MSNBC are hanging their heads in depression this morning....talking about how bad the economy is.

You really need to stop, dude. There's no one that believes your assessments. And you have only a tenth grade grasp on math.

Compared to Dubya losing 5+ million jobs, the economy tanking 9%+? lol

I know if ONLY Obama could've given US 8 years of Dubya policies

 

[Dad2three]

Oh, and here....let me add a little bit more evidence to add to the pile....



Pres. Obama hits all-time low in The NBC/WSJ poll

Obama Hits All-Time Low....

Let me know when he hits Dubya's 23% or Ronnie's 35% Jan 1983

Presidential Approval for President Reagan

 

[Dad2three]

Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs

"Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs"

WEIRD, WHY COULDN'T DUBYA GET THE GOP CONGRESS TO ACT ON HIS 'WORRY'S'?

One president controlled the regulators that not only let banks stop checking income but cheered them on. And as president Bush could enact the very policies that caused the Bush Mortgage Bubble and he did. And his party controlled congress.


Bush talked about reform. He talked and he talked. And then he stopped reform. (read that as many times as necessary. Bush stopped reform). And then he stopped it again.


The critics have forgotten that the House passed a GSE reform bill in 2005 that could well have prevented the current crisis, says Mr Oxley (R), now vice-chairman of Nasdaq.”

“What did we get from the White House? We got a one-finger salute.”

STATEMENT OF ADMINISTRATION POLICY

The Administration strongly believes that the housing GSEs should be focused on their core housing mission, particularly with respect to low-income Americans and first-time homebuyers. Instead, provisions of H.R. 1461 that expand mortgage purchasing authority would lessen the housing GSEs' commitment to low-income homebuyers.

George W. Bush: Statement of Administration Policy: H.R. 1461 - Federal Housing Finance Reform Act of 2005

Yes, he said he was against it because it "would lessen the housing GSEs' commitment to low-income homebuyers"


June 17, 2004

Home builders, realtors and others are preparing to fight a Bush administration plan that would require Fannie Mae and Freddie Mac to increase financing of homes for low-income people, a home builder group said Thursday.

Home builders fight Bush's low-income housing - Jun. 17, 2004


July 8, 2004

HUD DATA SHOWS FANNIE MAE AND FREDDIE MAC HAVE TRAILED THE INDUSTRY IN PROVIDING AFFORDABLE HOUSING IN 44 STATES

New regulations will increase mortgage financing for homebuyers and underserved communities

"While the GSEs met the affordable housing goals in 2002, they must further utilize their entrepreneurial talents and power in the marketplace to genuinely lead the mortgage finance industry as Congress intended," said HUD Secretary Alphonso Jackson. (THAT'S DUBYA'S GUY)


HUD Archives: HUD DATA SHOWS FANNIE MAE AND FREDDIE MAC HAVE TRAILED THE INDUSTRY IN PROVIDING AFFORDABLE HOUSING IN 44 STATES



Right-wingers Want To Erase How George Bush's "Homeowner Society" Helped Cause The Economic Collapse

http://www.usmessageboard.com/economy/362889-facts-on-dubya-s-great-recession.html

 

[rdean]

Lower tax rates on individuals and corporations ,Lower energy costs through coal and natural gas ,and oil resources sitting in the ground waiting to be used. ect...... the left is against everything that would boost our economy .....WHY ??

Our roads are crumbling. Isn't that enough? So far, it only helped ruin my car.

 

[Dad2three]

I know. Just awful! $4.9 trillion added to the debt in 8 years.

Not quite the same as $7 trillion in less than 6 years.

Dubya first year F/Y budget begins

US DEBT Oct 1 /2001, 5,807,463,412,200.06

US DEBT Oct 1, 2009 $11,920,519,164,319.42

Not sure about conservatives 'math'



Economic Downturn and Bush Policies Continue to Drive Large Projected Deficits

DUBYA'S Recession Caused Sharp Deterioration in Budget Outlook

We estimate that the (DUBYA) downturn has pushed up deficits by $2.5 trillion (including the associated interest costs) over the 2009-2018 period


Tax Cuts, War Costs Do Lasting Harm to Budget Outlook


Just two policies dating from the Bush Administration — tax cuts and the wars in Iraq and Afghanistan — accounted for over $500 billion of the deficit in 2009 and will account for nearly $6 trillion in deficits in 2009 through 2019 (including associated debt-service costs of $1.4 trillion). By 2019, we estimate that these two policies will account for almost half — over $8 trillion — of the $17 trillion in debt that will be owed under current policies

Economic Downturn and Legacy of Bush Policies Continue to Drive Large Deficits ? Center on Budget and Policy Priorities


Yes, Dubya starved the treasury of revenues AS he went to TWO UNFUNDED wars and gave US UNFUNDED Medicare expansion.

US DEBT Oct 1, 2009 $11,920,519,164,319.42

Sorry Charlie, Bush didn't sign that last budget.

And why would you charge Bush with Obama's not shovel ready boondogles?
Unless you were a lying lefty hack?

Since Dubya was responsible for the F/Y that started Oct 1, 2008, don't you think HE SHOULD TAKE RESPONSIBILITY, LIKE EVERY OTHER US PREZ?

CBO JAN 8, 2009 PRE STIMULUS

CBO Projects $1.2 Trillion Deficit for 2009

CBO Projects $1.2 Trillion Deficit for 2009 - Memphis Daily News


I KNOW, OBAMA WAS 'RESPONSIBLE FOR' THE ECONOMY SINCE BEFORE THE ELECTIONS IN 2008, ACCORDING TO RIGHT WINGERS LIKE LIMBAUGH RIGHT? lol


You klowns are as bright as your are honest, not very!

 

[rdean]

Oh, and here....let me add a little bit more evidence to add to the pile....



Pres. Obama hits all-time low in The NBC/WSJ poll

Obama Hits All-Time Low....

Let me know when he hits Dubya's 23% or Ronnie's 35% Jan 1983

Presidential Approval for President Reagan

Or the GOP's 7%.

 

[Toddsterpatriot]

Dubya first year F/Y budget begins

US DEBT Oct 1 /2001, 5,807,463,412,200.06

US DEBT Oct 1, 2009 $11,920,519,164,319.42

Not sure about conservatives 'math'



Economic Downturn and Bush Policies Continue to Drive Large Projected Deficits

DUBYA'S Recession Caused Sharp Deterioration in Budget Outlook

We estimate that the (DUBYA) downturn has pushed up deficits by $2.5 trillion (including the associated interest costs) over the 2009-2018 period


Tax Cuts, War Costs Do Lasting Harm to Budget Outlook


Just two policies dating from the Bush Administration — tax cuts and the wars in Iraq and Afghanistan — accounted for over $500 billion of the deficit in 2009 and will account for nearly $6 trillion in deficits in 2009 through 2019 (including associated debt-service costs of $1.4 trillion). By 2019, we estimate that these two policies will account for almost half — over $8 trillion — of the $17 trillion in debt that will be owed under current policies

Economic Downturn and Legacy of Bush Policies Continue to Drive Large Deficits ? Center on Budget and Policy Priorities


Yes, Dubya starved the treasury of revenues AS he went to TWO UNFUNDED wars and gave US UNFUNDED Medicare expansion.

US DEBT Oct 1, 2009 $11,920,519,164,319.42

Sorry Charlie, Bush didn't sign that last budget.

And why would you charge Bush with Obama's not shovel ready boondogles?
Unless you were a lying lefty hack?

Since Dubya was responsible for the F/Y that started Oct 1, 2008, don't you think HE SHOULD TAKE RESPONSIBILITY, LIKE EVERY OTHER US PREZ?

CBO JAN 8, 2009 PRE STIMULUS

CBO Projects $1.2 Trillion Deficit for 2009

CBO Projects $1.2 Trillion Deficit for 2009 - Memphis Daily News


I KNOW, OBAMA WAS 'RESPONSIBLE FOR' THE ECONOMY SINCE BEFORE THE ELECTIONS IN 2008, ACCORDING TO RIGHT WINGERS LIKE LIMBAUGH RIGHT? lol


You klowns are as bright as your are honest, not very!

Since Dubya was responsible for the F/Y that started Oct 1, 2008,

He didn't sign that budget.

If you back out all the spending the Dems passed after he left office, then you'd have an idea of what he was responsible for.

Or you can look at debt the day he started and the day he left. The math for that was up thread.

 

[Toddsterpatriot]

Oh, and here....let me add a little bit more evidence to add to the pile....



Pres. Obama hits all-time low in The NBC/WSJ poll

Obama Hits All-Time Low....

Let me know when he hits Dubya's 23% or Ronnie's 35% Jan 1983

Presidential Approval for President Reagan

Or the GOP's 7%.

What will it mean when the GOP with 7% takes back the Senate?

 

[Freemason9]

The "left" has little or no influence on American liberal capitalism. This is entirely a right wing construct.

 

[boedicca]

Why? Because they dont have a clue what creates wealth. They think government creates wealth. There's the problem.

Capital formation (wealth) that can be invested profitably creates jobs and more wealth...and so on.

By punishing profits, the "so on" is stifled. That's why entrepreneurship is declining, rent seeking is increasing, and the economy is floundering.

The fact that this eludes the Left is pathetic.

 

[Dad2three]

US DEBT Oct 1, 2009 $11,920,519,164,319.42

Sorry Charlie, Bush didn't sign that last budget.

And why would you charge Bush with Obama's not shovel ready boondogles?
Unless you were a lying lefty hack?

Since Dubya was responsible for the F/Y that started Oct 1, 2008, don't you think HE SHOULD TAKE RESPONSIBILITY, LIKE EVERY OTHER US PREZ?

CBO JAN 8, 2009 PRE STIMULUS

CBO Projects $1.2 Trillion Deficit for 2009

CBO Projects $1.2 Trillion Deficit for 2009 - Memphis Daily News


I KNOW, OBAMA WAS 'RESPONSIBLE FOR' THE ECONOMY SINCE BEFORE THE ELECTIONS IN 2008, ACCORDING TO RIGHT WINGERS LIKE LIMBAUGH RIGHT? lol


You klowns are as bright as your are honest, not very!

Since Dubya was responsible for the F/Y that started Oct 1, 2008,

He didn't sign that budget.

If you back out all the spending the Dems passed after he left office, then you'd have an idea of what he was responsible for.

Or you can look at debt the day he started and the day he left. The math for that was up thread.

Right, MORE magical fairy dust would keep the US economy going, NOT that a budget needed to be signed by Dubya, after all we didn't have a couple of wars going on (that he NEVER funded) or an economic meltdown. And that $700+ billion TARP program he asked for, well heck it shouldn't be in a budget either!

 

[Dad2three]

US DEBT Oct 1, 2009 $11,920,519,164,319.42

Sorry Charlie, Bush didn't sign that last budget.

And why would you charge Bush with Obama's not shovel ready boondogles?
Unless you were a lying lefty hack?

Since Dubya was responsible for the F/Y that started Oct 1, 2008, don't you think HE SHOULD TAKE RESPONSIBILITY, LIKE EVERY OTHER US PREZ?

CBO JAN 8, 2009 PRE STIMULUS

CBO Projects $1.2 Trillion Deficit for 2009

CBO Projects $1.2 Trillion Deficit for 2009 - Memphis Daily News


I KNOW, OBAMA WAS 'RESPONSIBLE FOR' THE ECONOMY SINCE BEFORE THE ELECTIONS IN 2008, ACCORDING TO RIGHT WINGERS LIKE LIMBAUGH RIGHT? lol


You klowns are as bright as your are honest, not very!

Since Dubya was responsible for the F/Y that started Oct 1, 2008,

He didn't sign that budget.

If you back out all the spending the Dems passed after he left office, then you'd have an idea of what he was responsible for.

Or you can look at debt the day he started and the day he left. The math for that was up thread.

Or you can look at debt the day he started and the day he left. The math for that was up thread.


WHY THE FUCK ISN'T DUBYA RESPONSIBLE FOR US DEBT UNDER HIS F/Y'S LIKE EVERY OTHER PREZ? BECAUSE HE ACTED IRRESPONSIBLY AND DIDN'T SHOW 'LEADERSHIP'?

 

[Dad2three]

Let me know when he hits Dubya's 23% or Ronnie's 35% Jan 1983

Presidential Approval for President Reagan

Or the GOP's 7%.

What will it mean when the GOP with 7% takes back the Senate?

Gerrymandering worked. What did it mean when for the first time in 50+ years Obama was elected (twice) with 52%+ of the popular vote?

 

[Dad2three]

Why? Because they dont have a clue what creates wealth. They think government creates wealth. There's the problem.

Capital formation (wealth) that can be invested profitably creates jobs and more wealth...and so on.

By punishing profits, the "so on" is stifled. That's why entrepreneurship is declining, rent seeking is increasing, and the economy is floundering.

The fact that this eludes the Left is pathetic.

Yes, you and your failed ideology ARE pathetic. Cut more taxes, that's save US *shaking head*

 

[EconChick]

Oops, NBC/WSJ poll today shows Obama crashing and burning, especially on the economy.

Even that idiot Chuck Todd from MSNBC this morning referred to the economic situation across the country as MALAISE.

LMAO, yes he used the big M word, Dad23. I think you libs need to throw in the towel.

Yes, according to YOUR theory, Dubya lost 5 million PRIVATE sector jobs in 8 years and Obama has 10+ million under him

That's a difference of 15+ million. Which side failed?

Your ass has got to be sore from all those numbers you keep pulling from it, D23. I've never seen a more obtuse number cruncher.

You need to go get some econ training to learn how to read the data.

And stop thinking in your 2nd grade math.