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Military.com Forums Hot Topics & Current Events Point-Counterpoint Seven Years into Bush' Presidency: NASDAQ and S&P 500 Below the Level of his 1ST Day|
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Member |
What an amazing economy has been created for this country!!!
NASDAQ then 2,757.91 NASDAQ now 2,346.90 S&P 500 then 1,342.90 S&P 500 now 1,333.26 As for the Dow, it's returned an amazing 15% over a 7-year span. That works out to 2% a year. A basic checking account would return more investment on your money. Meanwhile...a very few at the top 1% have been raking in front-loaders full of dough. This is all a result of the Repubs and their idiotic "trickle down", "feast on the crumbs off the wealthy table", "screw you, I got mine" policies are going to be sent to the trash heap of history. Fortunately, this experience will cause Americans to "once again" send Repubs to the margins of power where they belong. Once again, the Dems and progressives in this country will be left to fix the "effing" mess these "blankers" left for us. |
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Member |
Oh! I forgot to add that the dollar is worth about 40% less than it was when he took office, and oil and gas are 3 times what they were. In fact, if you factor in inflation, this is the worst economy since Hoover. Anyone care to guess what happened during his presidency? |
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Suspended 30 days 24 AUG FIN |
Another chit stirring post by a Freak! Suck it up and stop your whining!
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Member |
What's wrong? You can't handle the truth? I'm not whining. I'm pretty sure that as active duty military, I'll have a job. Can't wait for the gnashing of teeth from those on here when this country spirals into a depression. Hey! At least gay people can't get married...right? |
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Member |
My one and only respone is as follows:
Cricket chirp.......cricket chirp.....cricket chirp..... |
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Suspended 30 days 24 AUG FIN |
Freaky, I've been retired since Dec '02. I don't need a job. Sorry that you do tho. Man, I can feel your pain. NOT!
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Member |
It's a damn good thing he's not trying to fix Social Securi.....errr....wait! Has anyone seen my 401K? |
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Highly Experienced Liberal Member |
got to love our fat government pensions and free medical for life
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Member |
Don't tell me your living off a --gulp-- Government Entitlement???? |
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Skids |
I will not dispute your statistics, but you can't when doing an analysis pick and choose time frames. You have to place it over a scale of a period of years. Every market has highs and lows. If you want to tie it to politics, since the purse strings are held by the congress who was incharge for the last few years. If you would like, I could post a scale of that time frame and let you judge for yourself. |
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"Bowlers have BIG balls!"  |
The liberal solution is to steal corporate profits and reduce incentives to produce through taxation.
  "The World's Finest" |
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Suspended 30 days 24 AUG FIN |
Why hell, Kegler, the demos are gonna put all of us on welfare and spoon feed us some more of their PIE in the sky bull chit! Oorah?
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Member |
BS! The liberal solution is to return to some fiscal sanity in this country, and that might --gasp-- require raising tax rates on those top 1% that are averaging salaries ranging between 3,000 to 10,000 times their highest paid hourly employees. The liberal solution is to restore bargaining power to Average American workers via strong labor laws. The liberal solution is to restore "pay-go" to ensure either spending is cut, or revenue is raised so we can pay our "frickin" bills. The liberal solution is to ensure pensions and medical benefits that were promised to workers in lieu of salary increases are protected and there for them when they need them. We've tried your "trickle-down" crap for 30 years now...and it ain't working. It's time for some "trickle-up" economics. Now, this administration is proposing tax rebates for Middle Class America, and tax breaks for corporations. How about we reverse that? Let's do tax rebates for corporations, and tax breaks for Middle Class America! I hope you aren't stupid enough to not realize what a rebate is. All they are proposing is giving you some of what you were going to get back anyway now. Then, as in the last round of tax rebates, you'll find that the rebate you get now, will have to be added to your income for the year, therefore reducing the rebate you get at the end of the year. Think of this rebate as a payday loan, 'cause that's all it is. The folks that need help the most, will once again, get nothing from this administration, while the filthy rich will, once again, line their pockets. Wake Up America!!!! |
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Highly Experienced Liberal Member |
Well we all can't be knowledgeable investors and put our money into companies like ENRON.
...nope I'll stay with my pokey stocks like AAPL |
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Member |
Oh, I almost forgot to add, they want us to spend this rebate money. Why? You may ask...because if we spend it, who benefits???? The wealthy corporatist benefit, that's who. These folks aren't interested in "raising all boats". They're only interested in making sure there's no room for you boat in the harbor. |
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Member |
We'll really need to raise a lot of taxes then. Since Welfare makes up less than 2% of the total Federal Budget, if we all go on Welfare, we're going to need a lot more money. Now, if you're talking about Corporate Welfare, well, that's a different story. |
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"Bowlers have BIG balls!" |
I will agree that the current administration is the most fiscally irresponsible republican administration in recent history. However:
The richest 1% of households in the U.S. are now paying a record 27.6% of all federal taxes and a record of 38.8% of all federal income taxes. The richest 1% of households only earn about 17% of all income. The top 1.1 million households (the evil rich) pay a greater share of the income tax burden than the bottom 90 million households combined.  This chart was prepared by the Congressional Budget Office. The trend is so obvious that even a dumbed-down democrat should be able to see what is going on. The share of federal taxes paid by the rich is constantly going up, while the share paid by the bottom 80% is on a steady downward trend. "The World's Finest" |
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Suspended 30 days 24 AUG FIN |
Yo, Freaky, I noticed you've hid your profile. Very smart for an active duty Naval officer, don't you think? By the way, if you didn't read my profile I'm NOT retired military. I retired from the workforce.
Scott, you're such an insignificant little piss ant your posts don't matter. |
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Highly Experienced Liberal Member |
pusslowrider36 still whinning after all these years...go slither back in your cave
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Highly Experienced Member |
here we go again...
"It's the economy, stupid." |
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Highly Experienced Member |
Data is meaningless unless it is relevant to the issue. Where does the net income to percentage of tax ratio factor in? And, how about the percentage of disposable income per tax group? The issue is that it costs to run our government, and those who can afford to pay more for the freedom and right to earn more should pay more. |
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