you forget one eensy weensy little thing. the dems are in charge of the worst congress ever. they spend the money. they set the agenda. the econmy, unemployment, the housing market, all have taken place on their watch.
On Sep 12, 1:16 pm, VT Sean Lewis <[EMAIL PROTECTED]> wrote: > The Cascade Effect, > The Economic Destruction of the US by Bush and The Republican Party. > > September 12, 2008 > Sean Lewis > > Since before the Iraq war I have been writing a series of articles, > posts and blog entries about the ruinous economic policies of > the Bush Administration and Republican Controlled > Congress.http://groups.google.com/group/OpenDebateForum/web/acceptance-the-gol... > > Most if not all of my predictions have come true, and > unfortunately we are now entering the end game of America's > Preeminence. The Cascade Effect has begun, and the longer > the momentum continues the harder ir will become to end. > > Jobs are the economic engine of the US. Without well > paying jobs the economy will slow and eventually fall > into decline. > > The number of well paying jobs in the US for the middle class > have been on the decline and accelerating. The jobs have > been exported to foreign countries with low wage workers. > In the past this was not an issue because the jobs exported > were the low wage labor intensive > jobs.http://groups-beta.google.com/group/OpenDebateForum/web/republican-fr... > > Now, the previously high paying jobs involving high tech > assisted production have been exported. This increases the > profit margin of the US Corporations but at a long term cost > to Americans and America. > > Let me explain. > > For every High Tech job exported 7 Americans are effected > in a ripple effect. If enough Americans in a community lose > their jobs the following occurs. > > The food vendors and restaurants in the community suffer > or close. > > The suppliers to the closed industry suffer or close. > > Service Retail Stores suffer and close. > > Foreclosures of homes occur. > > The Banking system becomes illiquid or reluctant to make > loans. > > The community becomes a distressed blighted district > if no other commerce replaces the lost jobs. > > This is the NEW micro economic situation. > > Throw into the mix, the Doubling of the US National Debt, > The rising Annual Deficit, the Increasing Debt Interest payments, > the collapsing housing market, the crumbling financial industry, > the impending commercial real estate collapse, the retiring baby > boomers with the unfunded liabilities of Social Security, Medicare > and Medicaid attached to their retirement, core inflation increases > of food and fuel, the high personal debt, the coming credit collapse, > and the parts are in place from economic collapse. > > This can be fixed, but because of irresponsible fiscal policies by > the Bush and Republican Party it will be painful to reverse. > > Sunset the tax cuts, the US government needs the cash. > > Cut ALL US Budgets by 1/4 of the deficit. > (example if the deficit (on and off budget) is 10% cut all budgets > by 2.5% for 4 years. Based this on the previous years deficit > not projected deficit. If the Deficit is higher than 25% do it > for 1/8 or eight years. > > Means test Social Security, Medicare and Medicaid until the US > Budget has a surplus to pay back the loans from these > agencies.http://groups-beta.google.com/group/OpenDebateForum/web/the-us-govern...http://groups-beta.google.com/group/OpenDebateForum/web/two-important... > > Extend the date individuals can begin to receive these benefits by > one month per year beginning 2012. > > Give significant tax breaks to US corporations that bring back > exported jobs to the US that increase the net jobs within the US > for that Corporation. > > Raise the Alternative Minimum Tax to exclude tax payers making > less than $75,000 and step ladder it to $125,000. > > This is a quick and dirty explanation, but if this is not done the > economic slowdown will accelerate. > > http://vtsl.blogspot.com/2005/09/collapse-of-american-preeminence-bus...http://vtsl.blogspot.com/2006/02/killing-golden-goose-bush-vs-america...http://vtsl.blogspot.com/2005/02/us-government-will-go-bankrupt-not.htmlhttp://vtsl.blogspot.com/2005/03/bushs-tax-cuts-equal-social-security... --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
