Which will be eagerly lapped up by the "gimmees".
That figure is misleading because it is not adjusted for all the poverty we have imported from south of the border.
"he ignores the fact that 10 percent of Americans own 80 percent of all stocks"
NO ONE IS STOPPING ANYONE FROM INVESTING IN THE MARKETS.
Well when you are the party with NO ideas, no vision and no plan all that is left is hysteric lying.
Note to Democrats. The current Unemployement and average wage data is BETTER then all but 12 months of your vaunted "Clinton" economy. That DESPITE War and the 09-11-01 Recession. The "Bush Economy" is the longest substained period of economic growth since the 1980s. You lose this arugement 'Rats
The Bush Record: Record Surpluses To Record Deficits. Republicans have turned President Clinton's projected 10-year $5.6 trillion surplus into a nearly $3 trillion deficit. When this Administration took office, it inherited a projected ten-year surplus (2002-2011) of $5.6 trillion. Based on a realistic estimate of the President's policies, that surplus has now become a $3.3 trillion deficit over the same period of time, a dramatic fiscal reversal of $8.9 trillion. [House Budget Committee, 2/06]Wow. What could have caused this?--I mean, you would almost think that America got attacked on her own land-mass with lots of civilian casualties and we had to go to war against a new kind of enemy or something. But no. That can't be.
85% of Democrats in Congress voted against the Bush tax cuts....
Do they ever play a different tune?
A_R
The Bush Economy continues to help only those at the top of the economic ladder while ignoring the millions of hard-working Americans who are holding the ladder steady,
The economy doesn't "ignore" anyone... it is just the opposite: People ignore the economy.
And the fact that 10% of the US population owns 80% of all stock is merely an indication of how stupid the other 90% are. Further, no one is preventing that other 90% from jumping into the investment game.
This is just more reliance by the Demiocratic party on the economic stupidity of the average US citizen.
The Real Bush Economy
Today, President Bush will make remarks on the economy while visiting the Urban Trust Bank in Washington, DC.
Thank you.
Tens of millions of Americans own stock through their retirement plans(at work or their own SEP-IRAs or IRAs) and brokerage accounts.
The Investment Company Institute report that nearly 57-MILLION American households owned stock in 2005. That's UP more than THREE times since the early 1980s. I'd say the ICI is a far better source of information than the Economic Policy Institute.
In short, the DNC message, what a surprise, is a lie. Simple as that.
The Economic Policy Institute is a cesspool(bunch of whiners). Another one of those "non-profit, nonpartisan" outfits. Not likely. Don't let these hand wringers grind you down.
"When this Administration took office, it inherited a projected ten-year surplus (2002-2011) of $5.6 trillion..."by who??? What a bunch of crocks!!!
DIVISIVE garbage.
This proves that the Democrat idea of a perfect economy does not include any rich people.
I have no doubt that the median income is pretty flat -- the modern economy gives great returns to education and risk. There's a reason they didn't use the mean for this press release; the long tail out to the right would raise the needle in the middle. This long tail extension will continue happening under a Democratic president too. Raising the minimum wage won't do much for someone earning around the median of $30,000 per year (approx $15/hour or three times the minimum wage), and these people tend not to get too much in the way of transfer payments under Dems or Republicans (they earn too much).
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Cripes! I want to put a boot through the TV every time I hear that. And I don't even wear boots!
I thought the Democrats were against "Talking Down the Economy."