You really have the facts ass-backwards. Mitt never promised a chicken in
every pot. It was Obama who promised something similar: a stipend to
everyone who doesn't pay taxes. He now has promised to make everyone harmed
by Sandy in New York and New Jersey whole. This will cost you and me
billions of dollars. If people are so stupid as to build an expensive house
on the sand dunes of the barrier islands, they should not get off scot free.
The Feds underwrite all flood insurance when private firms do not.
Nick Geti
----- Original Message -----
From: "lelandj" <[email protected]>
To: "ProFox Email List" <[email protected]>
Sent: Thursday, November 01, 2012 11:53 AM
Subject: Re: [OT] 8 years Bush $4 trillion, 4 years Obama $5 trillion
On 11/01/2012 10:43 AM, Pete Theisen wrote:
On 11/01/2012 11:06 AM, lelandj wrote:
A lot of the Obama Deficit was due to a couple of Bush era events:
1) The tax policies enacted during the Bush years to lower taxes,
especially on the wealthiest 2% of Americans, who really didn't need the
gift: The tax cuts to the wealthiest 2% of Americans did little, if
anything, to stimulate the economy; because, the increased demand for
good and services in this group was much smaller proportionally, dollar
for dollar, than the demand created in the remaining 98% of working,
middle class and poor Americans.
2) The housing bubble created during the Bush years, which concealed
the true state of the USA economy: When the housing bubble burst,
trillions of dollars in wealth were vaporized into thin air. This
required President Obama, and his administration, to take immediate,
drastic measures, in the form of stimulus, to prevent a collapse of our
country, and to contain the contagion effect on the rest of the world.
Hi Leland,
I told you you needed drugs, and you just drank more Kool-aid.
Obama's promise was specific - he said he would cut the deficit, and he
hasn't. Not only that, the "stimulus" also went to people who didn't
really need it - who invested in China when they didn't just put it in
their foreign currency retirement funds, with a negative effect on jobs.
Yeah, and Mitt Romney's promising a chicken in every pot. How do you
think that will work out for you. LOL Politics.
_______________________________________________
Post Messages to: [email protected]
Subscription Maintenance: http://mail.leafe.com/mailman/listinfo/profox
OT-free version of this list: http://mail.leafe.com/mailman/listinfo/profoxtech
Searchable Archive: http://leafe.com/archives/search/profox
This message:
http://leafe.com/archives/byMID/profox/5502DFF311F74CC6872C7716A29A90C0@dual
** All postings, unless explicitly stated otherwise, are the opinions of the
author, and do not constitute legal or medical advice. This statement is added
to the messages for those lawyers who are too stupid to see the obvious.
