Comments on: Bush Signs Bill, Checks In Mail By Spring
Under Economy-Rescue Bill, Millions Of Americans Will Get Rebates From $300 To $1,200
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- Good morning all.
As always a pleasure.
I must take my leave. - Reply to this comment
- How does one get this country back within a balanced budget, out of the red, and out from under Chinese ownership, doing so without raising taxes? Any suggestions, fellow debtors?
Posted by AaaBee at 09:38 AM : Feb 14, 2008
An impossibility. The bill has to be paid.
My preference would be a flat tax where all brackets pay the same percentage of income in taxes.
Most eneomists agree that 11% would bring in a level of revenues comparable to our present system.
The fact that 11% would do it shows how much revenue is never collected because of loopholes. - Reply to this comment
- This reminds me of Mel Brooks as the Governer in
"Blazing Saddles" where he says, "We''''ve got to protect our phoney-baloney jobs, gentleman"!!!
Posted by veteran71 at 08:26 AM : Feb 14, 2008
Yes, but only 28% of America is laughing. The rest of us never got the joke.
How does one get this country back within a balanced budget, out of the red, and out from under Chinese ownership, doing so without raising taxes? Any suggestions, fellow debtors? - Reply to this comment
- "To pay for the rebates %u2014 which are estimated to cost about $117 billion over the next two years %u2014 the government will have to borrow more money, enlarging the budget deficit."
Posted by AaaBee at 09:31 AM : Feb 14, 2008
And yet he has the gaul to criticize Dems as "tax and spend".
You can tell dubya''s degree isn''t in economics if he thinks principle plus interest is cheaper than principle alone..... - Reply to this comment
- No matter how it is spelled, shrub not only looks the part but ACTS the part.
Posted by Godseyesore at 08:58 AM : Feb 14, 2008
One''s as dufus as the other, no doubt. - Reply to this comment
- "To pay for the rebates %u2014 which are estimated to cost about $117 billion over the next two years %u2014 the government will have to borrow more money, enlarging the budget deficit."
Bush doing what Bush does best, spending money that was never his in the first place.
This is what just happened:
Everyone took their maxed-out credit cards, got a cash advance on it, spent the money frivolously, did not save it, and then will spend the next 8 years trying to repay the unneeded loan and its interest.
That way, the economy will be jump-started just long enough for Bush to descend the White House steps and leave the United States red-lined in debt and bleeding all over the shoes of the NEXT PRESIDENT.
Sweet set-up for a rich guy to ride back to Texas in glory, no? - Reply to this comment
- If we all use this money to hire/ bribe the Congress to impreach the Bushwacker and jail Cheney, it would make a serious change in our future!
- Reply to this comment
- No matter how it is spelled, shrub not only looks the part but ACTS the part.
- Reply to this comment
- A friendly correction from a serious fan, it is "Neuman"
Posted by brianbwb at 08:06 AM : Feb 14, 2008
I stand corrected.
The resemblence is uncanny however, no? - Reply to this comment
- Bush Administration Hides More Data, Shuts Down Website Tracking U.S. Economic Indicators
The U.S. economy is faltering. Family debt is on the rise, benefits are disappearing, the deficit is skyrocketing, and the mortgage crisis has worsened.
Conservatives have attempted to deflect attention from the crisis, by blaming the media%u2019s negative coverage and insisting the United States is not headed toward a recession, despite what economists are predicting.
The Bush administration%u2019s latest move is to simply hide the data. Forbes has awarded EconomicIndicators.gov one of its (Best of the Web) awards. As Forbes explains, the government site provides an invaluable service to the public for accessing U.S. economic data:
This site is maintained by the Economics and Statistics Administration and combines data collected by the Bureau of Economic Analysis, like GDP and net imports and exports, and the Census Bureau, like retail sales and durable goods shipments. The site simply links to the relevant department%u2019s Web site.
This might not seem like a big deal, but doing it yourself%u2013say, trying to find retail sales data on the Census Bureau%u2019s site%u2013is such an exercise in futility that it will convince you why this portal is necessary.
Yet the Bush administration has decided to shut down this site because of %u201Cbudgetary constraints,%u201D effective March 1. - Reply to this comment
