“I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.
By the by, when Bush left office the DJIA stood at 8400. Four months in to Obama's presidency, thanks in part to Obama's inability to lead and instill confidence, the market plummeted to 6500 in 2009. The market only began recovering when it was socially engineered to do so -- by the Obama Administration lowering interest rates to near-zero.
Dow Jones Industrial Average (2000 - Present Daily) - Charting Tools - StockCharts.com
Thank you, Quazi!
I sad the Progressive tax structure has nothing to do with compassion (although why you find it a 4 letter word is beyond me) it is PURELY FUNCTIONAL. Our economy survives on spending, taking tax money form people who spend every dime slows economic growth by reducing their spending. Taxing income NOT spent by the earner boosts the economy when the Govt. spends it. There you have it...progressive taxes increase growth and GDP. Be proud that you are part of it.
Obama net job loss
Obama net unemployment gains
Obama net labor force loss
Obama record amount of discouraged workers
Obama higher misery index
Obama 4.6 trillion added to the debt
Obama crony capitalism
Simple facts that the true left ideologues ignore
Personally, there's not one person in government today I'd give you 2 cents for...including Dems Repubs, Conservatives, and Liberal.
TD...I'm so happy you believe YOUR CONSERVATIVE REPRESENTATIVES IN GOVERNMENT are honest...beyond corruption, God fearing, Abortion hating....blab, blab, blah..
Our government is broke, TD...and that includes the friends in office that you can call.
A progressive tax structure only exists at the top income levels as there are enough deductions to prevent lower income workers from paying any FIT
The govt. needs money to operate but where i disagree with liberals is that I don't believe we need a 3.8 trillion dollar Federal budget. Govt. spending creates debt and does little to grow the economy long term. Short term there are some benefits but as we are seeing now the GDP is less than 2%. Govt spending accounts for about 20% of GDP, consumer spending and consumption about 2/3