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Old 12-21-2004, 02:23 AM   #49 (permalink)
stevo
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roach, first off, my statement about historians came from my own HISTORY with them, from teachers, professors, grandparents, not from someone else.

I want to know if you have any stats/data to back up these statements you believe so blindly. Do you have any formal education in economics? Just because someone writes an article bashing bush and his administration's policies doesn't mean it is right. I'd like you to take the time and look through this presentation (don't worry, its only slides) and maybe you will see how you are being lied to by the left.

http://www.aei.org/docLib/20041220_Moore.pdf

I would like to point out a few interesting pieces of information in this presentation first, though. Did you know that under the current Bush tax plan we actually have a more progressive tax system than in 2000? Its true.

With bush's new tax cuts the top 1% pay 32.3% of all income taxes, without it they would only pay 30.5%. The top 10% pay 64.8%, without it they would be paying 62.6%. The top 80% of all wage earners pay 83% of all income taxes, without bush's tax cuts they would be paying 81.8% of them. And do you know what? The bottom 50% of all wage earners pay only 3.6% of all income taxes. Without bush's tax cuts they would be paying 4.1% of them. (when I mean all income taxes it is only individual income taxes, not corprate taxes.) These numbers come from the U.S. Treasury, Office of Tax Analysis. you can see the chart on p.8 of the presentation.

If you want to look at the budget deficits (cumulative from 2001-2004) only 22% was due to increased spending and 29% was due to tax relief. The remaining 49% of the deficits was due to the recession, one that was inherited from clinton. (If you remember the market tanked well before the nov.2000 election.)

You should try to catch the whole presentation. I caught it on CSPAN2 "the deuce" last night. Its called "Bullish on Bush" by Stephen Moore. Very informative.

I hope this shows you that you can't just take what other people say as the honest truth when they have nothing but rhetoric to back it up. Do some research for yourself. Look at some facts. look at some numbers. Talk to an economist. Don't just read some partisan dribble that is only steps removed from propaganda.

edit- How Cspan listed the presentation:

Forum
U.S. Economic Agenda
American Enterprise Institute
Washington, District of Columbia (United States)
ID: 184892 - 12/20/2004 - 1:02 - $29.95

Moore, Stephen, President, Club for Growth
Selb, Gerald, Correspondent, [Wall Street Journal]
Hayward, Steven F., Resident Scholar, American Enterprise Institute

Mr. Moore is the author of Bullish On Bush: How George Bush's Ownership Society Will Make America Stronger, published by National Book Network.

Go ahead and order either the presentation the book, or both. If you watch/read it and you aren't enlightened, shit, I'll refund your money. (assuming you can proove to me you bought it and watched/read it.)

Last edited by stevo22; 12-21-2004 at 02:36 AM..
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