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Looks like those trickle down tax cuts are working...

http://news.yahoo.com/s/ap/20070828/ap_on_go_ot/poverty_11;_ylt=AgaIzu9uR10L6Sw_xr5zHkEL1vAI

2007-08-28 03:51:41 · 25 answers · asked by dr_methanegasman 3 in Politics & Government Politics

Off course you have to have a job before trickle down can work..alas most liberals survive and thrive off the govt. teet.

2007-08-28 04:12:20 · update #1

25 answers

Answer: Just a repeat of history...JFK, then Reagan, now GW...working class tax cuts to offset the previous Huge democratic Increases.
Just for fun, ask a lib why, if tax cuts are so "bad" for America...How come the federal intake is growing at a rate that is indeed shrinking the deficit.

2007-08-28 04:25:05 · answer #1 · answered by Anonymous · 1 2

The article said the "the last significant decline came during the Clinton administration" and this is true. Until now, the poverty rate ROSE or held steady every year during Bush.

2001 11.7%
2002 12%
2003 12.5%
2004 12.7%
2005 12.7%
2006 12.3%

The poverty rate declined every year Clinton was in office from 15.1 percent in 1993 to a low of 11.3% in 2000.

http://mediamatters.org/items/200509130002

2007-08-28 11:22:03 · answer #2 · answered by Anonymous · 3 1

If you guys are so interested in the poor I know of a few measures that will have a better effect than a .3 percent up turn on a 6 year dive.

But you guys don;t care about the poor. Have you checked that the study even accounts for inflation? I saw all this talk about going above the poverty threshold yet no mention of inflation adjusted figures.

Sorry but I have a hard time trusting the government that lied about WMD's, Tonkin, the USS Liberty and so many more.

I see you trust them blindly.

Peace.

2007-08-28 11:14:49 · answer #3 · answered by Washington Irving 3 · 2 2

Taxes don't trickle. I remember when Bush took office, he sent me a check. That influx of cash along with lower taxes created economic growth. That was direct cash, it didn't trickle from anywhere. No one can reasonably deny that.
The challenge is now for the FED to maintain the growth while controlling inflation.

This is why Edwards can't get any traction. He understands investment strategies but doesn't want us to have any money to do it with.

He wants to fight a war on something that doesn't exist or exists at levels that can never be cured. The poverty levels and unemployment levels will never be lower.

His low credibility as a zillionaire hasn't helped him either.

Hillary is also full of it but, at least she's smart enough to convince middle Americans that they are an angel's breath away from poverty and only she can protect them. They vote and there are a lot of them. There just aren't enough people who Edwards plans to 'help' to support him.
Meanwhile, these middle Americans are watching Hillary's message on ONE OF their Plasma TV's that they earned the money for in the last 7 years.

2007-08-28 11:26:12 · answer #4 · answered by Anonymous · 0 3

Lyndon Johnson was the last president to launch a major initiative aimed at eradicating poverty, said Sheldon Danziger, co-director of the National Poverty Center at the University of Michigan.

Danziger said low unemployment in 2006 helped lower the poverty rate. But, he noted, the rate was slow to drop despite five years of economic growth.

"For three decades we have had an economy where workers with a high school diploma or less have hardly kept up with inflation," Danziger said.

Low-wage workers have been hurt by the nation's declining manufacturing sector, which has lost more than 3 million jobs since Bush took office.

2007-08-28 11:02:41 · answer #5 · answered by Anonymous · 5 2

Did you read the last sentence?

"Low wage workers have been hurt by the nation's declining manufacturing sector,which has lost more than 3 million jobs under Bush."

And another problem with this number is that the percentage of those is probably much higher,as many low income Americans cannot get assistance from state or federal social programs,due to massive cuts by Republican led legislatures and the Republican Congress that held power from 1994-2006 and therefore are unreported.

2007-08-28 11:05:26 · answer #6 · answered by ? 4 · 5 2

It's not (about the same), but if you want to pass blame for low wages, you might want to consider NAFTA and Clinton's Trade agreements with China. Somehow, the Left has conveniently ignored the signature on those documents.

Trouble Maker: Where did those jobs go? Who signed those agreements? Have you ever considered that what you do today MIGHT have repercussions tomorrow? Even if someone else is watching the store?

2007-08-28 11:02:28 · answer #7 · answered by Stereotypemebecauseyouknow 7 · 2 3

To Paul B, the Clinton era is and shall always be known not as "the golden age" but as "the *** stained dress".
Back to the original question.... It seems EVERYBODY does some very creative accounting these days. The 12 million illegal aliens were NOT included in Slick Willies poverty figures. I guess they only count for the liberals stats when a Republican is President.

2007-08-28 11:10:25 · answer #8 · answered by Anonymous · 2 4

Because the Dem's want to keep people in poverty so they can use tax payer money to support the poor. As a result people in poverty keep voting for Dem's because they will take care of them.
Kinda like Hillary wanting to bail out the people who signed sup-prime home loans who can't or won't pay the bills. Why does she or anyone think that people will start paying the bills after the Gov bails them out. Talk about a good way to go buy some votes!
Guess people are waking up to the fact that they shouldn't have lent money to people with a history of not paying bills.

If we keep bailing out people and businesses (airlines for example) it only teaches them that they can do whatever they want because Big Brother will come and take care of them. Hmmm maybe I should not pay my bills....Responsibility sux.

2007-08-28 11:09:01 · answer #9 · answered by Mark W 2 · 1 4

And those in the middle class can't afford health care and gas and fuel prices are rising and tuition prices are through the roof. Yeah, we're sooooo much better off now than we were then. NOT!

You did notice that I said middle class, right? Gainfully employed and paying my bills. Trickle down, my a**.

2007-08-28 11:02:15 · answer #10 · answered by slykitty62 7 · 3 3

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