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Want to see something REALLY funny?? GOP "report" on Democrat (sic) Budget Proposal

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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 02:27 PM
Original message
Want to see something REALLY funny?? GOP "report" on Democrat (sic) Budget Proposal
Edited on Tue Mar-27-07 02:29 PM by Roland99
http://budget.house.gov/republicans/press/2007/pr20070322b.pdf

The Democrat budget reported Wednesday proposes the largest tax increase in U.S. history – $392.5 billion over 5 years – mainly to finance immense new spending through 2012. Although they try to insist otherwise, the figures in their budget assume these tax increases will occur automatically – and without them they cannot achieve a balanced budget, as they claim.

...

These tax increases also threaten to reverse the substantial deficit reduction that has occurred in the past several years.



:spray:


:rofl: :rofl:
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BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 02:29 PM
Response to Original message
1. They write as stupid as they talk
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unpossibles Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 02:40 PM
Response to Reply #1
2. Seriously. I honestly wonder sometimes
if they are all morans, or just sucking up to morans.
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 03:18 PM
Response to Reply #2
8. I think that the majority of them get their information from only rw
sources and they have never learned to question everything. What their sources tell them is the only "truth" they need. They truly want to appear ignorant.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 03:46 PM
Response to Reply #8
11. I truly think they don't care. They want to CREATE a message and they'll lie their asses off.
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Monkeyman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 03:02 PM
Response to Reply #1
5. Ah Yeper
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deepthought42 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 02:41 PM
Response to Original message
3. Is today opposite day?
Next they're gonna tell me Clinton never balanced the federal budget... :eyes:
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BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 03:06 PM
Response to Reply #3
6. I always chuckled at the notion
that blowjobs were bad things.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 03:11 PM
Response to Reply #6
7. .
:spray:

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deepthought42 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 03:19 PM
Response to Reply #6
9. I miss the days when the worst thing the President had done
was mess around with an intern. Stupid, yes. Impeachable offense? No. I don't really care if he lied about it. He lied about fooling around w/an intern. It's none of my business. I don't care. *sigh*


They're only bad when it involves other people....lol ;)
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drm604 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 03:02 PM
Response to Original message
4. WTF?
Just... WTF?
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 03:26 PM
Response to Original message
10. shows they plan to push the "tax increase" message
Plus the 'tax increases will kill economic and job growth' message

"Ignoring Economic Consequences. These massive tax increases would likely reverse the economic gains that have developed since adoption of the 2001 and 2003 tax laws, which include the following:
- Job Growth. A total of 7.6 million new jobs have been created – an average of 168,500 per month. In the prior 27 months, the economy lost 2.7 million jobs – an average of 100,000 jobs lost per month."

However, 'the prior 27 months' includes the year 2002, which was long after the first Bush tax cut was passed in May of 2001. They also mention 'the largest tax increase in history' which was in 1993 (according to them). Yet in 1994, the economy created 3.85 million jobs - an average of 320,000 per month, almost twice the 168,500 per month they want to brag about. Looking at the next 3 years, there were 8.3 million jobs created, and 8.08 million in the next 36 months. So, to compare
After Republican tax cuts for the rich - 46 months - 7.6 million jobs
after Democratic tax increases for the rich - 46 months - 11.55 million

They have charts purporting to show GDP growth before and after tax cuts, but they ignore the tax cuts that were passed in 2001. They mention their usual line about how revenues are increasing, ignoring the fact that 'revenues' includes income AND payroll taxes.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 03:49 PM
Response to Reply #10
12. Tax cuts that were meant to EXPIRE in 2010! Also, about those jobs numbers....
168,500/month? What a sad, sad fact.

Look at the Economic Policy Institute (EPI) graphs of job growth from prior expansions. This one is pretty much in the crapper and, when you take away the increased Federal jobs, is actually in the hole from the equilibrium monthly level (150k-160k new jobs per month) to keep up with population growth or a growing LFPR.

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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 04:47 PM
Response to Reply #12
15. except LFPR has been going down, or has gone down anyway
IN 1990 it was 66.5% and in 2000 it was 67.2%. Last month, though, it was only 66.2%. If the 2.3 million who have dropped out of the labor force were added to the unemployment rate it would increase to 6%.

The tax cuts were never meant to expire. Republicans just sold them that way so they could make them look like they would not explode the deficit.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 04:57 PM
Response to Reply #15
16. The LFPR was starting to work its way up until recently.
As for the fall back in 2000-2001, that was from the domino effect of the dot-com bubble bursting.

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Richard Steele Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 03:54 PM
Response to Reply #10
13. Problem is, their big "economic gains" are all fiction.
B*sh has been a goddamn economic DISASTER for 99% of this nation.

He just has a compliant media who keep repeating the LIE
that this is a strong economy. It's not. And every aspect
shows it, if you take 2 seconds to question the official
propaganda.
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sakabatou Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-27-07 04:06 PM
Response to Original message
14. At almost every single turn
Reality disagrees with the GOP.
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