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Originally posted by tommy_boy
No, not necessarily. What I'm saying is that rising or lowering capital gains tax is less important than the things that truly affect the lives of average americans. Joe in the steel mills and his buddies, more than likely, do not have Cicso stock. The daily lives of average everyday americans is unaffected by a 200 point rally on Wall Street.
The flawed logic is in thinking that Trickle Dow Economics is the best we can do for our middle class and our poor. Joe Steelworker doesn't give a rats behind that Cap Gains went up. They care if they can afford Health Insurance, if they can get more of their paycheck every week, if they can fill their car to get to work.
Plus, if people are really investing in the workforce (not in the stock market), then where are all the jobs?
Originally posted by jetxnet
It's a tad more complicated than that.
Joe Schmoe in the Steel Mill wouldn't care about stocks, this is true.
However, investing in stocks is investing in the economy, by and large.
Investing in the economy spurs the economy.
Why do you think Kennedy, Reagan and Clinton had huge success by cutting the Capital Gains tax? It encourged massive investment in the American economy and her companies.
When the economy booms, everyone benefits.
The stock market isn't so much releated to the jobs index. It is certain sectors that are causing a pull on the economy (Housing market and scandals, Manufacturuing base etc.), though the recession is a Global one. It isn't just America who is in a recession. It's most of the world!
Originally posted by mental modulator
BTW the world is in a recession because we are in a recession!
Originally posted by Tuning Spork
Originally posted by mental modulator
BTW the world is in a recession because we are in a recession!
Huh? We just had 3.3% growth in the 2nd quarter. (I'd love to see 5% growth, but we can't have everything.)
We are not in a recession, but we are in a changing global economy. The trick is to adapt to it at least as fast as it's changing. And that we could do a lot better.
Edit: By the way, I'm thrilled with the choice of Sarah "Baracuda" Palin. She is now the only member of either ticket that has any (12 years) of executive experience.
And, yes, it's 12 years of executive experience of a small town and a small state. But, even though the numbers are smaller, the organization is the same. Bill Clinton was also the governor of a state that is roughly 30% the size of a major city. But the skills needed for the job are 100% applicable and transferable.
[edit on 30-8-2008 by Tuning Spork]
Originally posted by Tuning Spork
Huh? We just had 3.3% growth in the 2nd quarter. (I'd love to see 5% growth, but we can't have everything.)
We are not in a recession, but we are in a changing global economy. The trick is to adapt to it at least as fast as it's changing. And that we could do a lot better.
By the way, I'm thrilled with the choice of Sarah "Baracuda" Palin. She is now the only member of either ticket that has any (12 years) of executive experience.
And, yes, it's 12 years of executive experience of a small town and a small state.
Bill Clinton was also the governor of a state that is roughly 30% the size of a major city. But the skills needed for the job are 100% applicable and transferable.
Originally posted by southern_Guardian
Originally posted by Tuning Spork
Huh? We just had 3.3% growth in the 2nd quarter. (I'd love to see 5% growth, but we can't have everything.)
And how does this compensate for the lies and the wasted tax payer money from this administration?
How the hell can you sit there and cover their asses just because their republicans?
History tells us that we never know we are in a recession until years after that recession ends.
oil prices are the highest in decades (even with the decrease still so), council wharehouses have had to appeal for more "food can" donations because there are so many people in need at this moment, the unemployement rate has increased, many corporations are laying off their staff in the 100's and this administration is doing jacksh** at the moment.
They complain about oil dependence yet their answer is to drill their way out of it in an area that has been previous drilled.
You can cut the straight talk out, a week ago you wouldnt of known who the women was and you would have refused the fact of bring here onto the ticket.
And once again here political experience is 6years.
She only started in politics since 2002,
here time as mayor of a town with barely 6000 people is not counted as experience for POTUS. If your going to include her time as mayor of some small town in the middle of nowhere Id be most happy to include Obamas time as a law lecturer and a community organizer, maybe then we can compare their experience people.
Bill Clinton was also the governor of a state that is roughly 30% the size of a major city. But the skills needed for the job are 100% applicable and transferable.
Bill Clinton was governor of a state that has over 2 million people with a density of around 40 per sq km at the time of his governorship. He was governor of the state from 1979-1981 then again from 1983 to 1992. Before then he was Arkansas Attorney General. And here you are comparing him to a woman who was mayor of a town of 6000 for 6years and only recently became governor of Alaska. Please get your facts straight.
Q: Mr. Perot, if you were sitting at home now and just heard this exchange about Arkansas, who would you believe?
PEROT: I grew up five blocks from Arkansas. Let's -- let's put it in perspective. It's a beautiful state, it's a fairly rural state, it has a population less than Chicago or Los Angeles, about the size of Dallas and Fort Worth combined. So I think probably we're making a mistake night after night after night to cast the nation's future on a unit that small.
Q: Why is that a mistake?
PEROT: It's irrelevant. You know, Jim, I ----
Q: What he did as Governor of Arkansas is irrelevant?
PEROT: Oh, no, no, but you can't -- I could say that I ran a small grocery store on the corner, therefore I extrapolate that into the fact that I could run Wal-Mart; that's not true.
Q: Mr. Perot --
Q: Governor --
PEROT: I can't protect an Arkansas company --
Q: Governor --
CLINTON: Mr. Perot, with all respect, I think it highly relevant and I think that a $4 billion budget, with state and Federal funds, is not all that small. And I think the fact that I took a state that was one of the poorest states in the country and had been for 153 years and tried my best to modernize its economy and to make the kind of changes that had generated support from people like the presidents of Apple Computer and Hewlett Packard, and some of the biggest companies in this country, 24 retired generals and admirals and hundreds of business executives are highly relevant, and you know, I'm frankly amazed that, since you grew up five blocks from there you would think that what goes on in that state is irrelevant. I think it's been pretty impressive. And the people who have jobs, the people who have jobs and educations and opportunities that didn't have them 10 years ago don't think it's irrelevant at all. They think it's highly relevant
The choice of Palin further highlights the hypocrisy, the flip flopping, the BS coming from the righties, and now their sending in "raids" to cover McCains flop in choosing Palin. Please.
Romney must of refused the VP choice, thats the only rational scenario...
Originally posted by sonork
reply to post by davion
We are talking about Obama experience since the Dems are saying Plain’s has none.
However I can argue that McCain’s experience is greater than Biden's.
McCain trained as a Naval Aviator and war hero.
Palin trained in Journalism.
Biden trained as a lawyer.
Obama trained as a Muslim.
"Question: Was Barack Obama ever a Muslim? He says no, but the Associated Press found records that showed Obama was in school as a Muslim living in Indonesia and the Obama campaign can't explain why. Maybe it doesn't matter if Obama were a Muslim back then, but it does matter if he's not telling the truth about it now."
--www.exposeobama.com, June 2008.
Originally posted by jamie83
Originally posted by Andrew E. Wiggin
you're scared.
Lol... you're self-projecting.
This is the first time since the primaries began that I felt pretty confidant that Obama has no chance to win.
you refuse to provide proof to back up your #'s and statistics, because you know they are false and conjured.
Andy, you're right. I didn't give you what you demanded. Deal with it.
I did the math for you - who has the most experience?
Obama/Biden
Who has the best experience?
Obama/Biden
No, I will do the math for you. Add McCain's 28 years of experience in the Navy and McCain/Palin have MORE and BETTER experience than two lifetime politicians who have pretty much accomplished very little for all the years of experience you claim they have.
since when is a governor more revered than a senator?
There have been many governors who've made the jump from running a state to running a country. Clinton. Reagan. Bush. Carter. I'm not sure when the last time a junior Senator made that leap.
You mean the racist hicks who had slaves but claimed the U.S. is free? They'd probably get sick just like you did.
Originally posted by TheRooster
reply to post by jamie83
You're welcome, but were you thanking me or Wiggin?
Sorry for going off topic here but I just had to put my feelings into words...
I must be alone in my feelings because the MSM is reporting more than 38 million people watched BHO's speech, but I just couldn't do it! The brief moment that I actually watched made me sick to my stomach. I really don't know why either, I don't dislike the man personally, (although I have publicly stated I don't think he's qualified to be POTUS). Add to that what little I had watched of the DNC and I'm left wondering what happened to the humble gentlemen farmers or pioneers of industry that gave birth to this great nation? I wonder what the founding fathers would think if they had witnessed what happened last night?