Wednesday, October 13, 2004

Kerry's economic policy

If you go to Johnkerry.com you will not find any details, just that he will create jobs. I guess John Kerry has some magic wand that will create jobs, but only when he is president. And when he becomes president he will get everything he wants done because the sentate and the house will bow down to him.

The truth is John Kerry doesn't care about the economy and never has. He doesn't see tax cuts stimulate the economy. Putting money into the economy stimulates the economy. Weather it is increased government spendings, or tax cuts, the economy grows. Increasing spending isn't a good idea because eventually you will have to pay for it or cut the programs. When ever you buy something you always want to get the best value. So the programs we support must be important. Cutting taxes only works when you cut taxes. The very rich in this country pay very little taxes. They have the ability to seem poor and thus pay no taxes. The poor in this country. The people who do not work or don't earn much do not pay taxes at all. Infact the bottom 50% pays less then 4% of the federal income tax. So you could cut everyone's taxes below the 50% mark and only give 4% of the money back to the people. Some say this is a good idea. Who else is left? The top 1% pay a million dollars or more. I bet none of you know where you stand. Basically if you make 26,000 or more you are in the top 50%.

So if you make less then 26,000 you don't realy pay much taxes. Yet it seems like you pay a lot, doesn't it? Imagine how it feels to make less then a million and more then 26,000. Because most people who make over a million dollars have great tax attorneys. They do not go to H&R block. They don't file a 1040 ez. They set up companies off shore and pay taxes to other nations and hide money and do many tricks to not may taxes here.

So when you say Bush gave the rich tax cuts, you are right. But he didn't give Kerry's Wife a tax cut. She doesn't pay income tax like you and me. Kerry files seperately and declares his salary as a senator. He made almost as much selling "Half" of a painting this year then he did being a senator. Why half of a painting, because he sold his share of a painting valued at 1.3 million dollars. I don't know about you, but my dad never sold a 1.3 million dollar painting or half of one. I bet he has never seen a 1.3 million dollar painting. Who did he sell his "half" of the painting to???? No one knows, well someone knows just not me. And I am guessing you don't know. If you do know let me know can you. The funny thing is he bought the painting in 96 I think for 500,000. Which is amazing because he only made about120k that year. Now that is some budgeting. I don't know how he was able to buy half of a 500,000 painting when he only made 120k. I think he used his magic wand. Maybe that is how he will be able to pay for a 2 trillion dollar increase to the government with 600 million in tax hikes. Will he pay more in taxes.. not as a senator. Will his wife pay more. Not likely. Her attorney will find a loop hole. Will buisness owners pay.. If they are a sucessful company they will. If they are lucky and hard working they will pay more taxes. About 10-15% more taxes. So yes, small buisness owners that work hard and are lucky will pay more taxes under Kerry's Plan. YAHHH kerry.

Now remember tax cuts stimulate the economy. Those business owners create jobs. They also buy cars, they also buy houses, computers, boats, they buy food, go to nice reasturants and crappy reasturants that are expensive. So if you get your money from someone that makes more then 200k you will get less of it. If you are a student and your parents make more then 200k, you will get less of there money.

Taxes and the Economy. People vote there wallets I find. So when ever I see stats about Who can handle the economy better I laugh. There is always a large percentage of morons who think Kerry can do more for the economy. But can he? He has been in congress 20 years and haven't heard anything. he was in congress in 91 when they forces Bush 41 (41st president George Herbert Walker Bush). And what do you know it caused a recession, oh and what else he didn't get elected. Reagon won because people needed someone to fix the economy. Carter lost because the economy sucks. Ask people what they liked about Clinton and you get "the economy" even though everything clinton did hurt the economy and the republican congress was the one that stimulated the economy. Clinton did promote a feeling on confidence. the problem of course was people were to confident and spent too much money, money they didn't have. The same thing that happened before the great depression. I truelly felt bush would of had a depression if he didn't pass tax cuts so fast. Rememeber those 300 dollar tax checks. I think some 63 million people got them.. 1.9 billion dollars. It is amazing how little money it takes to make a lot of people happy. I remember how many people looked forward to the checks and spent it right away. Some of them used it to make payments to credit cards bills they racked up during clinton. some of them bought a new toy or PS2. Still more went down to walmart who cashed them and bought food, and cloths and other things they needed. Why did walmart cash the checks? Because many people did not have bank accounts. How can it be that some people do not have bank accounts? I boggles my mind, but it shows how shaky our economy truely is.

Some people think Bush didn't care about the economy. That simply is not true. If you go to whitehouse.gov (whitehouse.com is a porn site) you will see that he constantly talked about it. Go to the current News section and you can see every speach he ever made and all the meetings he had. All the things he did. Many of them have audio and video too. don't believe me? One of the first things bush did was pass tax cuts to stimulate the economy, those tax cuts were designed to stimulate the economy with out going into a deficit. After 9.11 the nation came together by then the senate was in the control of democrates. I remember countless speaches where bush pleeded with the senate to pass a economic stimulus package for months and months he begged and pleeded yet the senate would not vote on anything. The stimulus was simple and it was to move up the tax cuts so the full tax cuts could be felt immediatly. For over a year the economy slipped further and further. Finally the the nation voted and gave the senate back to the republicans. Immediatly the senate put the tax cuts to a vote. It passed that was about 20 months ago then in may the president signed the second part witch gave tax cuts to small and large buisnesses to encourage Reasearch and developement, to encourage buisness growth. That was 15 months ago, for the last 13 months our economy did a complete 180. Instead of loosing jobs we started to gain jobs. Now why doesn't anyone ask Senator Kerry why the senate didn't want to vote on the presidents economic policy?? Who's Economic policy failed ??? The presidents policy when passed worked. Senator Kerry's policy of doing nothing was what hurt this economy? The media will never ask Kerry this.. and it is sad.

Well I am annoyed, I am going for a bike ride. Let me know if you think I am wrong.


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