Monday, June 9, 2008

Hyp-O-crite, Economics Version

B.O.H. has shifted his focus to the economy (albeit just to point out how much more debt he'll add to the USA coffers), while McCain continues to focus on Iraq and national security. So what are the headlines today?

The Free & Liberal Press is claiming that the focus of the presidential campaign has shifted to the economy. Funny how the press goes along in this game, isn't it?

Anyway, let's just point out some obvious hyp-O-crisies.
-- The nation's spending and revenue (Tax) budgets and policies are enacted through Congress.
-- Congress is currently controlled - in both Houses -by the Party of SuperDelegates
-- B.H.O. is blaming Republican President GW Bush for the economic woes of this country.

Huh? Let's look at the facts.
What economic atrocities have Bush and the Republicans wrought on the USA?
-- GW Bush wants to increase oil drilling in the USA, which would ultimately increase oil supply. (Economics for Dummies note: increasing demand without increasing supply will lead to an increase in price. If you increase supply, you either reduce price, or maintain price while satisfying increased demand.)
-- GW Bush wants to reduce taxes, which would provide American families with more funds to pay for groceries, heating oil, and mortgage payments.
-- GW Bush called for a one-time tax rebate to try to stimulate the economy immediately.

What have the SuperDelegate representatives recommended?
-- B.H.O. wants to increase taxes on the upper-middle class incomes (as well as the upper-class incomes, which would include his wife's, I suppose), thus decreasing the amount of funds available for these families to pay for groceries, heating oil, and mortgage payments.
-- B.H.O. wants to institute a tax on oil companies. (Economics for Dummies note: a tax imposed on a business will ultimately be passed on to its customers. So, by instituting an additional tax on oil companies, B.H.O. will be increasing gas prices even more.)
-- The Party of the SuperDelegates has tried to stimulate the economy by passing the... ummm... by recommending passage of... Well, they must be thinking about doing something, right?

So, to summarize... GW Bush and the Republicans want to try to reduce oil prices, reduce taxes, and put more money back into the pockets of the citizens of this great country. B.H.O. and the Party of SuperDelegates want to increase taxes, increase oil and gas prices, and figure that inaction is the best political action this year.

Which party is imposing their economic will on the country?

(Hint: The Party of the SuperDelegates has been in control of Congress during these challenging economic times. What have they done for you?)

-- Submitted by R Wellesley

No comments: