Date registered: Sep 2004
Vehicle: 1982 300SD
Location: Bel AIr, MD
Mentioned: 0 Post(s)
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RE: Why Would Anyone Vote For Kerry
I don't have the figures for the most recent tax cut, but if you examine those under Reagan, the revenues to the government increased as a result of those tax cuts. FACT! However, as KV is sure to point out, the deficit climbed--as a result of too much spending by the legislative bodies. ( Why is it that we can't even agree on the fact of increased revenues--everything has to be spun)
As for the loss of jobs, the relationship between the President and those losses is tenuous at best. Many factors influence jobs and job creation. A few of these are by control of the president; most are the result of normal economic cycles. Labor-intensive jobs follow the lowest cost of labor. Coming out of WW2 the US was in an unusual position; we had won a war and destroyed our enemies' ability to produce. Our factories and steel plants were untouched by war and were state of the art. The industry leaders got fat and lazy, and allowed labor unions ( also greedy) to raise their rates. Meanwhile we helped our former enemies to rebuild their industry while ours just got old. Soon those former enemies were producers of world-class products for less cost than if made here. Now that cycle is repeating itself and the labor jobs are moving to India and Asia. India turns out engineers while we experiment and social engineer our scholls to produce politically correct serfs. Given the choice to buy USA steel and products, or steel and products made elsewhere that are of similar quality but cost 1/2 to 1/3 of the USA products, most consumers buy the lower cost products. It has always been so, and will continue to be. There is nothing that Kerry can do to stop it except artificially raise the prices paid by US citizens for goods by means of import duties and fees. But all that does is lower our standard of living because we don't have the purchasing power formerly available.