Tennessee Gal
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Thu Jul-07-11 05:36 AM
Original message |
There should have never been a sale in the first place. |
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Edited on Thu Jul-07-11 05:43 AM by Tennessee Gal
Mike Barnicle made an excellent analogy regarding the Bush tax cuts. He compared it to a sale on shoes or milk or any other product. When a company has an excess of an item or gets a good deal on the product from the wholesaler, they may run a sale price for a short period of time. When the price goes back up to what it was before, that is not a price increase. It is a return to the regular price.
The same can be said of the Bush tax cuts. Clinton handed them a surplus. They saw it as excess income and put taxes on sale. When the surplus ran out, they should have returned taxes to the original price. Instead they continued the sales price and also increased spending, which ran up the national debt.
What about that is so hard to understand?
However, a more salient point is this: There should never have been a sale on taxes in the first place because of this nation's debt. The excess income should have been used to pay down the debt.
edit for spelling error
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Enthusiast
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Thu Jul-07-11 06:13 AM
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1. Especially in light of |
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the two unnecessary wars of choice.
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Tennessee Gal
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Thu Jul-07-11 06:14 AM
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And Republicans of all sorts - sane or insane - should be reminded of this.
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cordelia
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Thu Jul-07-11 06:16 AM
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3. Wish I could rec your comment, too. n/t |
no_hypocrisy
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Thu Jul-07-11 06:18 AM
Response to Original message |
4. It wasn't because of a sale or inventory. The republicans wanted to burn down the store for |
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Edited on Thu Jul-07-11 06:19 AM by no_hypocrisy
insurance.
By bankrupting this country, they can accomplish both dynamic change to government that helps less-than-rich citizens (Medicaid, Medicare, Social Security*) and destroying the middle class, thereby returning wealth to the rich and powerful.
* Clinton took care of welfare in the Nineties.
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Tennessee Gal
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Thu Jul-07-11 06:36 AM
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5. Yes, their motives are less that honorable. |
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There is no question about that.
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Fri Apr 19th 2024, 11:02 PM
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