What are your thoughts on Obama?

[PICK3]

Or wood they just find another loose o-ring to ream in the Cutter's bathroom stall for $2.00?

Butt I canknot say for sure.

thx 4 adding your Anderson Cooper twist to CB's "What are your thoughts on Obama?" thread

 

[canadianhitman]

Bush Jr. had eight years to change that, did he? Reagan had eight years, followed by four years of Bush Sr., did they change it?

And "US"? What does US tax policy have to do with you?

We deal with the same shit; politicians are the same everywhere unfortunately. Our current gov't is vastly superior to the crapola you've got in the white house, but they only just recently got the majority they need to hack and slash ridiculous social programs.

 

[the.gladiator1987]

I love how Americans and government think we need all these programs

90% of the people on welfare programs/assistance programs ABUSE them. Me and my girl are both getting 6000/yr in grants and do we need it? Not really. Not everyone is meant to go to college and heave healthcare and get grants

 

[ledhead]

Well, you can have massively high income tax rates when you are the monopoly of production for the world. World War II and the 1945-1960's are an anomaly because the rest of the earths capacity had been destroyed through war. Hell, go back to WWI and look at economic growth in the United States while the dominant economic powers destroyed their economies through war....WWI heralded the rise of the United States as a world power. Kennedy was the first one to "stimulate" the United States economy by lowering taxes because Europe and Asia started to recover and compete.

Just sayin'

You forgot again to tell the whole story brotha.... Europe was war torn after WWI. However, the US lended European countries a ton of money by which they stiffed us. Which led to one of the reasons why the Great Depression occurred. Actually, WWII heralded the U.S. as the top dog in the world. After, WWII, the US had 5% of the world's population and 50% of the world's wealth. Nice.... The reason why Europe was able to compete was the US was so gracious to rebuild it. Ie. The Truman Doctrine, The Marshal Plan. Those programs put Europe back on the map. Just Western Europe, Eastern was under the Soviet bloc. That was the reason Western Europe was able to recover and compete.

The U.S. also put Japan back on the map. China was a pure communist country, and basically the rest of Asia were third world countries. Hence, what were they competing for? The US was already basically controlling them, and controlling the Soviets. However, that is a whole other debate, which would take a while to explain.

No, Kennedy was not the first to stimulate the economy by cutting taxes. I already told you, Coolidge cut taxes in the 20's. The highest bracket was 24% the lowest was 0.5%. Hoover raised the top bracket to 60% then Roosevelt raised it to 73%.Truman and Ike sustained the hikes, then Kennedy cut taxes, and it wasn't that much. He lowered the top from 73% to 60%. Which did do some good.

As for Obama, its funny how a constitutional lawyer is our president, and does nothing but implement unconstitutional policies. He is not even worth talking about, I rather talk about trees....