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Posts Tagged ‘taxes’

Democrats Plan to Raise Your Taxes

From Noisy Room:

Before adjourning for recess, House Democrats passed the largest tax-hike in American history; a rate hike that will soak an average of $3,120 from every family. In an economy reeling from a slowing housing and job market, this is a burden that American families and small business owners simply cannot afford.

Read it!

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The extreme left-wing blog Thinkprogress resurrects the failed 2004 John Kerry campaign strategy in the President is indeed behaving like Herbert Hoover. Are they as wrong now as they were then? Lets look a look at how the extreme left-wing flock responds in the comments section:

#5 christopher wiwi Says:
March 16th, 2008 at 11:25 am

High unemploment,inflation,the dollar at or near all time lows and a WAR that is taking this country into a downward spiral and he does nothing.He must drink himself to sleep every night so he can fantasize about a WAR he can never win.

Lets take a look at each of the claims.

High unemployment? Unemployment was 4.8% in February. In the 1930’s, unemployment was over 25%.

High inflation? US Inflation Dwindles to 0%.

The dollar at 1995 levels vs. the Japanese Yen. Whoa. Dollar vs. Yen back to Clinton levels.

In Iraq, the surge is working.

And in the 1930’s, the nation was in a trade war (Smoot-Hawley). Which party wants to eliminate NAFTA and create a trade war all over again?

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