anything and everything blogs designed to provoke free thought and discussion

As millions of Americans are reeling in some of the harshest economic times our generation has faced (unemployment numbers and GDP don't tell the whole story), it would seem they would gear November's vote towards helping in what few areas it can. And it stands to reason if they vote for a Democratic President AND a Democratic Congress that one of two things will happen. Either a) they will need to abandon every campaign promise immediately; or b) they will plunge us further into recession.

Why do I say this? Well, let's look at what's driving runaway inflation right now. Fuel costs are at the core of it. As a person who saw my first $500 gas bill this winter, I can assure you costs are rising at an exponential rate. While there's a temptation to say "regulate it", we need to remember our dependence on FOREIGN oil, and the fact that we can't force OPEC to drop their oil prices. So we're stuck with high gasoline and diesel prices for the foreseeable future.

Next, we will be hit with what Americans for Tax Reform is calling the largest tax increase in American history. All of the Dems begging for ending the Bush tax cuts (read: increasing taxes without actually CALLING it that!) seem to forget that one of the major cuts at play here is the $1000 per child tax credit. That tax credit isn't available to the wealthy, but to working class Americans who will feel the pinch.

Add to all of this the cost of funding a national health care plan (high on the agenda of both candidates!) as well as the money to be poured into environmental causes, and we have a government that will quickly find itself needing to raise more money to pay the bills. Of course, they insist, they'll only tax the super wealthy, not the working class. But in the world that is, the super wealthy pay their taxes with OUR purchase dollars, and we'll be hit by even more tax hikes.

Many Americans are voting based on the economy. If they vote for the Democratic candidate in November, they won't see an improvement in the economy, they will see a worsening. This is in part because the problems with the economy have a lot to do with worldwide trends and not just national ones. A weakening dollar, dependence on foreign oil (don't rule out environmentalists who won't allow us to access our own reserves on this one), and underwriting the pet causes of the economically idiotic will pretty much ensure that the downward trend doesn't reverse direction anytime soon.


Comments (Page 1)
on Apr 26, 2008
seem to forget that one of the major cuts at play here is the $1000 per child tax credit. That tax credit isn't available to the wealthy, but to working class Americans who will feel the pinch.


I must be half rich - I only get half of it.
on Apr 26, 2008

I really don't know how the Democrats could destroy the economy any more than 7 years of a Republican fiasco has already done. Somebody's got to pay the trillion dollar war cost.  Tax cuts for business have done zip for the economy.  Hands off the private sector has yield unbridled greed and we are left with a financial nightmare.  Yeppers, you conservatives really know how to operate a country...NOT.

 

See ya.

on Apr 27, 2008
Yep, if only Algore had not had the presidency stolen from him, we could have retaliated by bombing an aspirin factory and saved a lot of trouble...that would have showed 'em!! And we probably could have negotiated our surrender, after all, they seem like reasonable ghihadists.
And to whom do we owe the war costs? I think we still make most of the things we use for conflict right here in the good 'ol USA. So, we're actually employing people and paying Americans for the war materials! Ingenious! White collar and blue collar workers both make money when we're at war as do manufacturers. The only ones who seem to suffer are the socialists who lament not throwing the money into an endless war on poverty.
on Apr 27, 2008
The only ones who seem to suffer are the socialists who lament not throwing the money into an endless war on poverty


THat has been going on for 50 years, and shown less results than Iraq.
on Apr 27, 2008
Yeppers, you conservatives really know how to operate a country...NOT.


Newsflash, SoDaiho...W isn't a conservative.

Why do we let "they can't do much worse" guide our political decision making rather than demanding accountability?
on Apr 27, 2008
Why do we let "they can't do much worse" guide our political decision making rather than demanding accountability?


because that is the only argument the democrats have! No ideas, no plans, no track record. Just 'it cant get any worse' slogans. And of course they have demonstrated (that nasty track record thing) it can and has when they mucked it up.
on Apr 27, 2008

I really don't know how the Democrats could destroy the economy any more than 7 years of a Republican fiasco has already done

Funny, I don't remember heading into a recession before the Dem's won the majority in Congress. And if you refer to the big dot.com crash in 2001, that was set in motion well before Bush arrived

 

 

 

 

on Apr 27, 2008
All of the Dems begging for ending the Bush tax cuts


For MILLIONAIRES.
on Apr 27, 2008
eem to forget that one of the major cuts at play here is the $1000 per child tax credit.


And you seem to "forget" that the Democrats have called for not only extending that credit but actually increasing it.
on Apr 27, 2008
Add to all of this the cost of funding a national health care plan


and forgetting the costs associated with there not being any national health care plan.
on Apr 27, 2008
This is in part because the problems with the economy have a lot to do with worldwide trends and not just national ones.


Having a brainless idiopathic idiot who doesn't give a damn about anyone worth less than a million dollars is a "worldwide trend"?
on Apr 27, 2008
and forgetting the costs associated with there not being any national health care plan.


Individual costs. It's not the government's job to pay every expense we incur, sorry.

For MILLIONAIRES.


Really? Wow, The_Politico, I didn't know I was a millionaire!

And you seem to "forget" that the Democrats have called for not only extending that credit but actually increasing it.


Until November, that is. Talk is cheap, The_Politico, and the Dems don't care about the poor anymore than the Republicans do.

on Apr 28, 2008
All of the Dems begging for ending the Bush tax cutsFor MILLIONAIRES.


I am not a millionaire, and they would get rid of mine. You should actually read before spouting idiotic talking points.
on Apr 28, 2008

I do feel a lot of sympathy with some of the left, especially the younger ones, that want so desperately to change the world that they don't care how or why.

Not to get off topic but, my post was recently removed from a fellow JU's blog. The person, a college student was upset when I congratulated her on doing well in college, as she would need to get a good job to pay the taxes, that her democratic president and congress would raise, due to the "rich" business people passing on by down-sizing the work force, or raising the price of products.

What was so interesting was that she didn't engage me, just removed my post. Now I might have come off a little condescending, but definitely not rude. I think that is the the lefts way, at least the new left, of how to deal with something you disagree with. Block it out and maybe it will go away. Now that I know it's a cry baby that can't stand a different opinion, I guess I'll just post on people's blogs that can handle other views, like yours Gid.

on Apr 29, 2008
that want so desperately to change the world that they don't care how or why.


Nuclear Anhilation is change. They have to realize that change for change sake is not necessarily good, but they are too immature to realize that.