Monday, June 02, 2008
What we need is more priority
Today Bush held a meeting to call for his tax cuts to be made permanent.
THE REMINDERER: “I do want to remind people what life was like in the years 2001 and 2003. The country was having some pretty tough economic times in 2001. Larry, you might remember that period.”
DR. LINDSEY: “I do -- painfully.”
Larry Lindsey, one of his economic advisers in that period, is the guy who was fired for saying that the Iraq War might cost as much as $200 billion.
THE SOPHISTICATES: “clearly the economy was slowing, and so we had to strategize on how to deal with it. And Larry and others agreed that the best way to deal with economic uncertainty is to let people have more of their own money, because we believe that the economy benefits when there’s more money in circulation, in the hands of the people who actually earned it. I know that’s probably not as sophisticated a concept as some of you all up here have articulated, but it’s a concept that worked.”
IT’S CERTAIN THAT REPUBLICANS WILL ALWAYS TRY TO CUT TAXES ON THE RICH: “Let’s make sure that there is certainty during uncertain times in our economy.”
IN OTHER WORDS: “Our fellow citizens have got to understand that those tax cuts aren’t permanent. In other words, if Congress allows them to expire, here are the consequences: First of all, taxes go up by an average of $280 billion a year...”
WHAT WE BELIEVE: “we believe American families benefit when they have more money to spend.”
WHAT WE NEED: “We got plenty of money in Washington. What we need is more priority.”
SO IT SHOULD JUST BE ALL THINGS TO ALL RICH PEOPLE: “People got to set the priorities. Government can’t try to be all things to all people.”
IN OTHER WORDS: “If Congress doesn’t act, 27 [sic] small business owners will face a tax increase of $4,066 on average. In other words, that $4,000, on average, for the small businesses won’t be available for investment, won’t be available for programs that help their employees, will make it harder for them to compete.”
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