Our Wacky President!

renata

Illuminator
R
Joined
Jan 28, 2002
Messages
3,325
Not photo op presidency my &^%



http://www.cnn.com/2003/ALLPOLITICS/05/28/bush.taxes.ap/index.html

Bolding mine
Bush is to turn a 10-year, $350 billion package of tax rebates, lower rates, new breaks for businesses and investors and aid to states into law Wednesday at a ceremony in the White House's East Room.

The full-fanfare event for the third-largest tax cut in the nation's history comes a day after Bush -- with no comment or ceremony -- signed a bill allowing the federal government to borrow as much as $7.4 trillion.

The $984 billion increase in the federal debt limit is the largest on record, and will go in part to help pay for the new tax cuts that the GOP-run Congress passed on close votes at Bush's behest.
....

After running annual surpluses during the last four years of the Clinton administration, huge federal deficits have returned with no end in sight. This year's is expected to exceed $300 billion -- a record in dollars, albeit not as a percentage of the national economy.
....



As Bush traveled widely to sell his package, he portrayed the ailing economy as something he inherited, taking care to mention that the recession took place in 2001's first three quarters -- the beginning of his presidency. That period of negative growth was then exacerbated by that fall's terrorist attacks and corporate corruption scandals, he often said.

The intent was to place the problems' creation outside the president's control, while positioning him to gain credit for trying to fix them.

But after a $1.35 trillion tax cut in 2001, a $96 billion stimulus last fall and the new $350 billion package, it is widely agreed that Bush now has ownership of the economy for better or for worse.

...
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Ahh...politics.

Who knows. Maybe the people who don't vote in this country will start voting.
 
And how much of your money are you going to get returned to you?

Are you going to send it back?

Or did you pay any federal taxes last year?

I can't wait for the people who didn't pay any taxes, or received that wellfare check called " the earned income tax credit ", to start screaming, that they are not getting a ' refund ' ...:rolleyes:
 
Diogenes said:
And how much of your money are you going to get returned to you?

Are you going to send it back?

Or did you pay any federal taxes last year?
Click to expand...



I pay my taxes in rubles. So far I paid 1.67 billion.

The point was not that the tax cut may be ill advised- which it may be. The point is the strange juxtaposition of the two events. Politics as usual.
 
Diogenes said:
I believe it is customary for the President to have pictures taken when he signs legislation.. What exactly is your problem with this?
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*sigh*

Because he is making a big hoopla about this bill, and yesterday quietly, surreptisiouly signed the bill that made this one possible- but shows the downside of this one.


Also, Bush campaigned maligning photo-op presidency of Clinton, while he engages in identical behavior.
 
Diogenes said:



You did say Our wacky president..???:confused:
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It was a joke...
Yes, I pay my taxes like all law abiding citizens every other year. That was a joke also.
 
The Central Scrutinizer said:
Our President is putting more money in my pocket RIGHT NOW! Woo Hoo!!!!

I'm gonna buy a hooker!
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That is right, my man- spend that money, ecomony needs it! :)
 
I'm pissed. I dont have any kids so I wont be seeing any checks. Where are all the "fair share in taxes" people? Dont parents get enough tax breaks. Their lousy kids are a big public tax burden and the keep getting reward.

I should get a refund for not having any kids.
 
Tmy said:
I'm pissed. I dont have any kids so I wont be seeing any checks. Where are all the "fair share in taxes" people? Dont parents get enough tax breaks. Their lousy kids are a big public tax burden and the keep getting reward.

I should get a refund for not having any kids.
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You have to have kids to get the cut? :mad:

Oh well, did the dividend cut make it? That would be a good thing!
 
Tmy said:
I'm pissed. I dont have any kids so I wont be seeing any checks. Where are all the "fair share in taxes" people? Dont parents get enough tax breaks. Their lousy kids are a big public tax burden and the keep getting reward.

I should get a refund for not having any kids.
Click to expand...
Amen! Stop paying irresponsible middle class parents for having more damned kids! If they can't afford them, they shouldn't have them.
 
A refund for not having kids? Why? W borrowed the money from them in the first place.

I gotta look for it, but there was a great editorial that argued that childless people should sign off on their social security, since they don't have kids that will be paying for it when the time comes.
 
Diogenes said:
And how much of your money are you going to get returned to you?

Are you going to send it back?

Or did you pay any federal taxes last year?

I can't wait for the people who didn't pay any taxes, or received that wellfare check called " the earned income tax credit ", to start screaming, that they are not getting a ' refund ' ...:rolleyes:
Click to expand...

You mean I won't get a check ???? I already blew my EIC refund, in fact I blew it within 24 hours.
 
Cutting taxes often does help to stimulate an economy, at least in the short term.

However, right now the USA has to deal with:

Economic slow down,
War on Terrorism,
Building of a Missile Defense System,
Vast costs of improving internal security,
Many state economies doing poorly,
Re-building of Iraq, and
Possible war with one, or more of the follwing: Iran, Syria, North Korea.

Not to mention the other long-term problems and on going troubles such as pollution, energy development, education, health care, and the occasional natural disasters.

However, we now have a mult-billion, perhaps multi-trillion dollar tax cut to sing and dance about.

So it will be a return to Regan's day when the tax cuts occurred and the Federal Deficit exploded for years to come, and just when it was starting to get under control ... Violia! Another tax cut!

The Regan-Bush deficits will make this one look like a hungry puppy in comparison.
 
tamiO said:


You mean I won't get a check ???? I already blew my EIC refund, in fact I blew it within 24 hours.
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I understand they don't amount to much.. But the math that gets a remainder when you divide by '0' deserves some discussion in the Science Forum...:)
 
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