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Union Leader on Bush Budget

Discussion in 'Political Discussion' started by All_Around_Brown, Feb 8, 2006.

  1. All_Around_Brown

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    http://www.unionleader.com/article.aspx?articleID=f19792bc-79e6-46f5-97bf-23abc12b431a

    :eek: I think conservatives are starting to wake up to the politricks and manipulation that Rove has pulled on them for five years. They are starting to realize that these neo-cons have no use for them for anything other than their votes. At first I thought this was an editorial!

    My only question: what took you so long?

    http://www.cato.org/pub_display.php?pub_id=3750 Heres an explanation from Cato.

    Correction: It is an editorial.
     
    Last edited: Feb 8, 2006
  2. PatsFanInEaglesLand

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    #37 Jersey

    It is unfortunate that the Republicans now pander to the "wanters" in this country to get votes. So sad to see mammoth spending on entitlement programs.
     
  3. PatsWickedPissah

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    Disable Jersey

    Some of us posted such Bush fiscal criticisms here long ago. These valid, factual criticisms got lost in all the BDS 'noise' where everything from weather to natural disasters was blamed on Bush by the hysterical leftists that blather incessantly here.

    The Rs caught onto the D algorithm for geting re-elected by voting for largesse in govt programs to pander for votes. The party abandoned its slightly fiscally conservative meme and its reform values shortly after it took power in congress. Ex-Pres Clinton was more fiscally cconservative than Bush 43.
     
  4. BelichickFan

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    #24 Jersey

    He tried to end the travesty that is social security but we know where that got him. Of course, adding prescription drugs to medicare is his own fault.
     
  5. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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  6. All_Around_Brown

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    The political manipulation works quite well.


    Republicans take charge on a platform of fiscal responsibility...run up enormous debts, cut taxes for the uber rich, and spend like drunken sailors....centrist republicans jump ship....democrats take charge and reform by raising taxes on the uber-rich and restoring some fiscal discipline....republicans run on lower taxes...centrists come back on board.....Republicans take charge on a platform of fiscal responsibility...run up enormous debts, cut taxes for the uber rich, and spend like drunken sailors....centrist republicans jump ship....democrats take charge and reform by raising taxes on the uber-rich and restoring some fiscal discipline....republicans run on lower taxes...centrists come back on board.....Republicans take charge on a platform of fiscal responsibility...run up enormous debts, cut taxes for the uber rich, and spend like drunken sailors....centrist republicans jump ship....democrats take charge and reform by raising taxes on the uber-rich and restoring some fiscal discipline....republicans run on lower taxes...centrists come back on board.....

    and on and on it goes
     
  7. PatsFanInEaglesLand

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    #37 Jersey

  8. PatsFanInEaglesLand

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    #37 Jersey


    Bush has been a fiscal disaster, but you are wrong to say the tax cut was for only the uber-rich and that D's only raise taxes for the uber-rich. You have to take in to account all taxes and not just income. Democrats are so into social programs that the budget maybe balanced but we are all paying out the ass in taxes. Did Bush get rid of EIC? Marriage tax penalty, who is for that? Who supports taxing you when you die? Fuel taxes? Utility taxes?
     
  9. All_Around_Brown

    All_Around_Brown In the Starting Line-Up

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    The budget does not even include the cost of maintaining two occupations in the middle east. That will be deferred to whomever is unlucky enough to have to clean up after Bush. But I digress...

    Show me where his tax cut affected anyone other than the top 1% of the richest americans. I'm probably off on this, but I don't know how the middle class has had any tax relief under Bush. In fact, its looking more and more as if they will bear the brunt of the cuts in programs (specifically in terms of student loans), while taking the lumps for the tax cuts to the wealthiest americans.

    And we don't really know what the dems would do if they controlled every branch of government as the GOP now does. But it is clear that the combination of Clinton and a republican congress worked well in balancing the budget and reeling in the out of control deficit.

    Those were the days.
     
  10. BelichickFan

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    #24 Jersey

    Me ? I assume you aren't talking to me. I didn't even vote for Bush in 2004 although I was a strong supporter of his social security plan - even though it didn't go nearly far enough it was a start.
     
  11. PatsFanInEaglesLand

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    #37 Jersey

    You are a wanter, scum of the country, leeching from everyone. You are the reason middle class people have a hard time with taxes, and your party panders to your greedy lazy self interest. Go buy your own viagra you filthy old scumbag. If someone in my family needs help, we will help them, sounds like you have a family problem, welfare breeds welfare.
     
  12. PatsFanInEaglesLand

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    #37 Jersey

    Could you be any dumber or less of a self thinker?
     
  13. BelichickFan

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    #24 Jersey

    Well, social security should be cancelled over the course of several generations (so that those graduating from high school now get no SS and can plan accordingly). Having a small fund as a safety net is fine but a government sponsored retirement plan is terrible. Just like with pensions being replaced by 401Ks, SS should go away.

    We also can't expect working Americans to pay all the medical expenses of the elderly.
     
  14. BelichickFan

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    #24 Jersey

    Jeez, let me keep half my SS contributions (and the rest goes into the pot) and I'll have a much better retirement. And I'm "people".
     
  15. BelichickFan

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    #24 Jersey

    If you believe in putting money under your mattress, I guess it's worked.

    I do get matching on my first 5% but even if I didn't, 401Ks are the best idea ever. Tax deferred and getting interest on the whole thing makes it an unbeatable deal. They don't have a lot of risk. If people are stupid and put it all in one company, sure. But if it's put in a safe mutual fund like an S&P 500 index, the chance of not making good money over 30 years is very low. In fact there is no 30 year period in U.S. history in which the S&P 500 returned less than 6% annually, on average, over those 30 years. I saw a study in Money Magazine in which they invested historically at the worst possible times but left the money in the fund. It still returned 6%. And the 50 year average, believe it or not, is 12%.

    They're low risk if you know what you're doing (and I mean at a very high level like me). Just put it in a well diversified fund and move your percentage of stocks down as you near retirement.
     
  16. PatsWickedPissah

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    Disable Jersey

    Please, numerical facts like you correctly cited only drive liberals into hysterics. Were pols to allow index fund investments by working folks as part of SS they would be reducing the amount of power that they the govt hold over the voter's lives.

    I never had a 401K matching company but 401Ks are the best thing that ever happened to working Americans family financial security.
     
  17. All_Around_Brown

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    http://www.msnbc.msn.com/id/11237564/from/RS.2/

    Looks like centrist democrats and republicans agree on this...are there any centrists here that also dislike the taste of Bushs bloated, uncompassionate budget??
     
  18. All_Around_Brown

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    and how exactly does that help the baby boomers who for the last 40+ years of work have anticipated a safety net called social security??

    Do we just buy them cat food and tell them they should have been investing more smartly this whole time, knowing that someone like Bush would come along and want to pull the rug out from under them??

    SS needs to be reformed, sure. But Bushs plan is a nightmare and would add enormous additional debt to the country.
     
  19. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    (1) The last I saw the average person had about $114,000 in a 401(K) after 25 years of investing. Perhaps that's due to bad investments, bad investment advice, and inflation, who knows. But, one things for sure is that my parents, who are on pensions are far better off than those on 401(K)s.

    (2) Social Security is intended as guaranteed income to help with retirement. It helps protect people who don't understand investing, are duped into bad investments, or are ripped off by companies like Enron. When companies say the average return is 6%, a larger share of that return goes to the wealthy and superrich, who tend to afford superior financial advice. (In the recession of 2001, I recall reading that the average billionaire had a 2% gain, while most of us suffered fairly large losses.)

    (3) Social Security allows people to set a retirement date. Investments run the risk that people will be unable to retire because of a down market.
     
  20. PatsWickedPissah

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    Disable Jersey

    It helped me. I'm no financial genius. Mutual funds.
    Bush pulled out no rug. Get over the hysteria.
    Bush's plan would reduce debt. Are you innumerate?
     

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