Comments on: Krugman: McCain’s economic plans are ‘Bush made permanent.’

By: JMOHR

JMOHR — Mon, 28 Apr 2008 19:40:13 +0000

Taxes will scare most people when they face stagnant or falling incomes. However, taxes are much less an issue when people are watching their incomes rise quickly enough to offset the additional tax bite. Clinton, for all of his faults, was able to deliver and to reduce the deficit.

The Republican elite want a permanent tax structure reflecting the Bush policies. Go to angrybear@blogspot.com which has a very good comparison of the performance of Democratic and Republican adminstrations across a many different economic and social indicators. The Democrats end up with better performance for a very good reason. Democrats believe in common good. The Republican elite believe in greed, selfinterest, anything to succeed and that wealth is not only an economic measure but moral indicator as well.

By: Peter C

Peter C — Mon, 28 Apr 2008 18:20:35 +0000

Taxes are such a easy thing to scare people with; they are the perfect boogie-man for the fear party. Their fear potential grows as the tax structure becomes more regressive. Their fear potential grows as people see that influence is being used by the rich to evade them. Their fear potential grows as the deficit explodes. It’s a gift for the Republicans that never stops giving. A guy in a trailer park will rail against a ‘death tax’ for inheritence even when he’d have to double his net worth every two years for the rest of his life for it to apply to him, because he dreams of being as rich as Paris Hilton. That’s his ‘American Dream’ now, not home ownership, healthcare when he needs it, college for his children, or a secure retirement. The American Dream has gone from a secure and prosperous middle class life to “Lifestyles of the Rich and Famous” where people laze about in obscene indolence and luxury, and to hell with the little people who cook and clean and launder and landscape.

By: Buckie Boy

Buckie Boy — Mon, 28 Apr 2008 18:17:31 +0000

Not going to be too permanent once the populace starts rioting over food and gas prices that will go up to unreasonable highs after Bush attacks Iran.

By: DieNowForPeace

DieNowForPeace — Mon, 28 Apr 2008 18:04:21 +0000

techsong Says:

The rebate money we get should say “Made in China” on it. We borrow 2 billion a day from them.

And it’s only an advance on next year’s taxes, so we’ll all be paying it back next April.

By: robbez_92107

robbez_92107 — Mon, 28 Apr 2008 18:03:33 +0000

Paul, you’d better knock it off. You’re going to piss the senile old coot off.

By: hussein toasterhead

hussein toasterhead — Mon, 28 Apr 2008 18:02:38 +0000

techsong Says:

The rebate money we get should say “Made in China” on it. We borrow 2 billion a day from them.

April 28th, 2008 at 1:10 pm
______

And we repay that loan with every Wal-Mart purchase.

By: Doc Rock

Doc Rock — Mon, 28 Apr 2008 17:58:38 +0000

The long term neocon/neonobility vision is to turn us all into modern day indentured servants–owing our souls to the company stores! The irony is Cheney-Bush constantly screamed “class warfare” when ever anyone tried to level the playing field for working class stiffs, when, all along, they were waging class warfare!

By: burro

burro — Mon, 28 Apr 2008 17:55:12 +0000

“My goal is to cut government in half in twenty-five years,” he says, “to get it down to the size where we can drown it in the bathtub.” – Grover Norquist

By: Freedom Rebel

Freedom Rebel — Mon, 28 Apr 2008 17:30:54 +0000

McCain has said “he doesn’t know anything about economics”, but he knows that his tax cuts will widen the gap between the middle and upper class even more.

The Reagan tax cuts, like those under George W. Bush, heavily favor the wealthy. These tax cuts therefore mean more money for the rich, with less government revenue to spend on social programs. This creates the need for cuts in social spending.

Republicans are not prone to worry about the poor or middle class. We are not their voting base.

By: Freedom Rebel

Freedom Rebel — Mon, 28 Apr 2008 17:30:54 +0000

McCain has said “he doesn’t know anything about economics”, but he knows that his tax cuts will widen the gap between the middle and upper class even more.

Republicans are not prone to worry about the poor or middle class. We are not their voting base.

By: Louis

Louis — Mon, 28 Apr 2008 17:17:23 +0000

All Failure, All the Time.

By: NOLIESPLEASE

NOLIESPLEASE — Mon, 28 Apr 2008 17:12:36 +0000

It’s about time someone is finally calling out Mr.McCain on his failed economic policy. This man and his neocons will drain this nation of its wealth. Please take the time to view http://www.zeitgeistmovie.com for the complete truth if your are open to real facts. The economic portion of the documentory will spell out what needs to change. The ride is finally over, well almost over. The people are getting the truth, all be it slowly.

Don’t let Authority be the truth, Let Truth be the authority OF US ALL.

By: techsong

techsong — Mon, 28 Apr 2008 17:10:44 +0000

The rebate money we get should say “Made in China” on it. We borrow 2 billion a day from them.

By: AngryOne

AngryOne — Mon, 28 Apr 2008 17:02:46 +0000

#13 of 20 questions John McCain will never be asked:

13. You’ve called yourself a “deficit hawk.” But with cost estimates for your tax plan topping $2 trillion, isn’t your claim of fiscal discipline simply unbelievable?
Two weeks ago, you told NBC’s Andrea Mitchell, “I’m a deficit hawk.” Yet James Kvaal and Robert Gordon at the Center for American Progress documented that your tax plan “is enormously expensive, costing more than $2 trillion over the next decade and essentially doubling the Bush tax cuts.” A 2005 CBO study by your current economic adviser Douglas Holtz-Eakin showed that “lower tax rates wouldn’t come close to paying for themselves.” And just this week, you abandoned a pledge you made just two month ago during the Wisconsin primary to balance the federal budget by the end of your first term. Why shouldn’t we view your claim to be a deficit hawk as a joke? Isn’t the McCain tax plan reckless? Shouldn’t the American people be worried when you say “I disagree with the experts?”

By: gunsnbibles

gunsnbibles — Mon, 28 Apr 2008 16:51:02 +0000

Bomb the Arabs. Sing praise to Jesus. Borrow the money from the Chinese. Let our children pay the bill. Everything’s fine here.

By: McWars

McWars — Mon, 28 Apr 2008 16:50:06 +0000

(P)resident McCain, it’s no longer in the budget to pay your salary. We’re gonna have to let you go..

By: helenahandbasket

helenahandbasket — Mon, 28 Apr 2008 16:42:39 +0000

The g.o.p. game plan has always been to starve the federal government under the guise of lower taxes.
But hey, they’ve got a crumbling bridge to sell the American public.

By: Wayne

Wayne — Mon, 28 Apr 2008 16:38:32 +0000

Krugman: McCain’s economic plans are ‘Bush made permanent.’

I was thinking more along the line of “Stupid made permanent.”

But I guess that Stupid is now considered synonymous with Bush.

By: McWars

McWars — Mon, 28 Apr 2008 16:37:18 +0000

They could just borrow the crap out of China and call their collateral (US of A) “reverse ownership,” if it makes them feel any better.

By: citizen_pain

citizen_pain — Mon, 28 Apr 2008 16:35:58 +0000

Hey, the cons don’t give a damn about defecits. As a matter of fact, they create huge deficits on purpose to use as an excuse to slash domestic spending.