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Full Version: It's the economy, stupid
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...is not something you will hear the Democrats saying this time around.

As I write this, the Dow is flirting with all time highs. Enemplyment is low, prosperity is high, tax revenues are climbing, new jobs are being created every month. Interest rates are falling, consumers are spending.

Oh, the misery!!!

The Democrats have promised to put an end to this if they win congress, by repealing the Bush tax cuts. And they plan to help keep the cost of gasoline down by passing a windfall profits tax and restricting drilling, exploration, and pipelines.

01-wingedeagle 01-wingedeagle 01-wingedeagle

I for one hope they fail.
OptimisticOwl Wrote:...is not something you will hear the Democrats saying this time around.

As I write this, the Dow is flirting with all time highs. Enemplyment is low, prosperity is high, tax revenues are climbing, new jobs are being created every month. Interest rates are falling, consumers are spending.

Even as I speak there are people complaining about "high unemployment" and the only new jobs "are at WalMart".

Now, I do believe the best job markets are not distributed well throughout the country. But, I am stunned when I read such things.

Quote:The Democrats have promised to put an end to this if they win congress, by repealing the Bush tax cuts. And they plan to help keep the cost of gasoline down by passing a windfall profits tax and restricting drilling, exploration, and pipelines.

Yes, it's frightening. I do concede though, that I would love to see XOM pursuing greater research into alternative fuels (or at least new petroleum recovery methods) rather than give a CEO $400M. Could he have settled for $200M? Would that have been such an insult? Could his family have survived on that?

A CEO like Gates may deserve this, he was the founder. He was an entrepreneur. He took risks.

Taking over XOM as truck sales reached record highs, is like coaching the Yankees against your AA Farm teams. You have to be insane not to succeed.

Quote:I for one hope they fail.

If that's their platform, they will not do great, but they may take a few seats in the mid-west. Ohio is prime for picking. However, they will do their damndest to ruin things by fall 2008.
Quote:The Democrats have promised to put an end to this if they win congress, by repealing the Bush tax cuts. And they plan to help keep the cost of gasoline down by passing a windfall profits tax and restricting drilling, exploration, and pipelines.

That's why it is very hard for me to vote for Democrats.

THe way it is looking now, though is that the economy isn't going to help the republicans much. Voters are much more concerned about Iraq. I saw a poll on this, this morning, but I can't find it now.
Bourgeois_Rage Wrote:THe way it is looking now, though is that the economy isn't going to help the republicans much.

People have readjusted their expectatations so this doesn't even seem like a good economy. People don't know how truly strong it is. The attitude is that "it should be this way."

Things will change, and people will be out for blood. Even if things don't get "bad" people will perceive it that way.
DrTorch Wrote:
Bourgeois_Rage Wrote:THe way it is looking now, though is that the economy isn't going to help the republicans much.

People have readjusted their expectatations so this doesn't even seem like a good economy. People don't know how truly strong it is. The attitude is that "it should be this way."

Things will change, and people will be out for blood. Even if things don't get "bad" people will perceive it that way.

Good point.. I think after the 90's people expectations of what is "well off" are quite different than 20 years ago.

I think the war in Iraq, values/hot button issues, immigration, and economy are going to be the order of importance for votes.
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