yep, the dems did all this, so quit being such a partisan hack and face the truth. the dems and only the dems. putz
On Oct 9, 4:49 pm, VT Sean Lewis <[EMAIL PROTECTED]> wrote: > The Cascade Effect, > The Economic Destruction of the US by Bush and The Republican Party. > > The Bush Administration with the help of the > Republican controlled Congress has caused > more destruction to the US than the attacks > on 9/11. > > September 12, 2008 > Sean Lewis > > Since before the Iraq war I have been writing a series of articles, > posts and blog entries about the ruinous economic policies of > the Bush Administration and Republican Controlled Congress. > > http://groups.google.com/group/OpenDebateForum/web/one-mans-humble-op...http://groups.google.com/group/OpenDebateForum/web/acceptance-the-gol...http://groups.google.com/group/OpenDebateForum/web/the-next-3-years-o...http://groups.google.com/group/OpenDebateForum/web/the-true-cost-of-t...http://groups.google.com/group/OpenDebateForum/web/which-would-you-ra... > > Most if not all of my predictions have come true, and > unfortunately we are now entering the end game of America's > Preeminence. The Cascade Effect has begun, and the longer > the momentum continues the harder it will become to end. > > Jobs are the economic engine of the US. Without well > paying jobs the economy will slow and eventually fall > into decline. > > The number of well paying jobs in the US for the middle class > have been on the decline and accelerating. The jobs have > been exported to foreign countries with low wage workers. > In the past this was not an issue because the jobs exported > were the low wage labor intensive > jobs.http://groups-beta.google.com/group/OpenDebateForum/web/republican-fr... > > Now, the previously high paying jobs involving high tech > assisted production have been exported. This increases the > profit margin of the US Corporations but at a long term cost > to Americans and America. > > Let me explain. > > For every High Tech job exported 7 Americans are effected > in a ripple effect. If enough Americans in a community lose > their jobs the following occurs. > > The food vendors and restaurants in the community suffer > or close. > > The suppliers to the closed industry suffer or close. > > Service Retail Stores suffer and close. > > Foreclosures of homes occur. > > The Banking system becomes illiquid or reluctant to make > loans. > > The community becomes a distressed blighted district > if no other commerce replaces the lost jobs. > > This is the NEW micro economic situation. > > Throw into the mix, the Doubling of the US National Debt, > The rising Annual Deficit, the Increasing Debt Interest payments, > the collapsing housing market, the crumbling financial industry, > the impending commercial real estate collapse, the retiring baby > boomers with the unfunded liabilities of Social Security, Medicare > and Medicaid attached to their retirement, core inflation increases > of food and fuel, the high personal debt, the coming credit collapse, > and the parts are in place from economic collapse. > > This can be fixed, but because of irresponsible fiscal policies by > the Bush and Republican Party it will be painful to reverse. > > Sunset the tax cuts, the US government needs the cash. > > Cut ALL US Budgets by 1/4 of the deficit. > (example if the deficit (on and off budget) is 10% cut all budgets > by 2.5% for 4 years. Based this on the previous years deficit > not projected deficit. If the Deficit is higher than 25% do it > for 1/8 or eight years. > > Means test Social Security, Medicare and Medicaid until the US > Budget has a surplus to pay back the loans from these > agencies.http://groups-beta.google.com/group/OpenDebateForum/web/the-us-govern...http://groups-beta.google.com/group/OpenDebateForum/web/two-important... > > Extend the date individuals can begin to receive these benefits by > one month per year beginning 2012. > > Give significant tax breaks to US corporations that bring back > exported jobs to the US that increase the net jobs within the US > for that Corporation. > > Raise the Alternative Minimum Tax to exclude tax payers making > less than $75,000 and step ladder it to $125,000. > > This is a quick and dirty explanation, but if this is not done the > economic slowdown will accelerate. > > http://groups.google.com/group/OpenDebateForum/web/ok-one-more-time-t...http://vtsl.blogspot.com/2005/09/collapse-of-american-preeminence-bus...http://vtsl.blogspot.com/2006/02/killing-golden-goose-bush-vs-america...http://vtsl.blogspot.com/2005/02/us-government-will-go-bankrupt-not.html --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
