DEMOCRATS IN DISARRAY ON ECONOMY (RNC Research)

Republican National Committee ^ | 9 January 2003 | RNC Research Department

[PhiKapMom]

DEMOCRATS IN DISARRAY ON ECONOMY

While President Bush Leads With A Specific Proposal To Stimulate Growth And Strengthen America’s Economy, Democrats Can’t Agree On A Plan

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“[I]t Is Unclear Whether Democrats Can Unite Behind Specific Stimulus Proposals. While Some In The House Criticized Bush’s Plans To Reduce Taxes On Dividend Income, Some Senate Democrats Have Embraced Such A Move.” (Bob Kemper, "Democrats Assail Bush On Economy, War On Terrorism," Chicago Tribune, January 4, 2003)

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PRESIDENT BUSH’S JOBS AND GROWTH PLAN WILL STRENGTHEN THE AMERICAN ECONOMY

President Bush’s Growth Proposals Will Spur Consumer Spending, Promote Small Businesses, Increase Consumer Confidence And Extend Unemployment Assistance. Central elements of the President’s proposal include: 1. Accelerating the 2001 tax cuts to increase the pace of the economic recovery and job creation; 2. Promoting investment by individuals and businesses that will lead to economic growth and job creation; and 3. Delivering critical help to unemployed citizens. (President George W. Bush, Remarks To The Economic Club Of Chicago, January 7, 2003; “Taking Action To Strengthen America’s Economy,” The White House, January 7, 2003)

DEMOCRATS REMAIN IN DISARRAY ON THE ECONOMY

“Senate Democrats Have Not Generated [An Economic] Plan Of Their Own Yet.” (Louise Schiavone, CNNfn’s “The Money Gang,” January 7, 2003)

Senators Kerry And Baucus At Odds With Fellow Democrats Over Ending The Double Taxation Of Dividends. While Kerry has endorsed the measure and Finance Committee Ranking Member Baucus is open to ending double taxation of dividends, Senators Daschle, Lieberman, Edwards & Reid all oppose the proposal. (Senator John Kerry, Remarks To The City Club Of Cleveland, December 3, 2002; Jonathan Weisman, “Senior Hill Democrat Offers Tax-Cut Plan,” The Washington Post, December 20, 2002; Senator Tom Daschle, Democratic Response To The President’s Weekly Radio Address, January 4, 2003; Senator Joe Lieberman, Press Release, January 7, 2003; Senator John Edwards, ABC’s “This Week,” January 5, 2003; Senator Harry Reid, NBC's “Meet The Press,” January 5, 2003)

Democrats Have Advanced Competing Proposals For Encouraging Growth Among Small Businesses. While Senator Lieberman proposes an information technology investment tax credit, Senator Kerry advocates a $250,000 small business tax deferral. Senator Edwards wants to increase by 50% the current investment depreciation bonus while Gephardt calls for a one-time tax incentive for company investments. Still, House Democrats propose doubling the total amount small businesses may expense for new investments made in 2003. (Senator Joe Lieberman, Remarks At NASDAQ MarketSite, October 18, 2002; Senator John Kerry, Remarks To The City Club Of Cleveland, December 3, 2002; Senator John Edwards, Remarks To FORTUNE Global Forum, November 12, 2002; Representative Dick Gephardt, Remarks To Economic Policy Institute, October 15, 2002; House Democratic Economic Stimulus Plan, January 6, 2003)

Democrats’ Proposals For Tax Relief For Individuals And Families Run The Gamut.

--While House Democrats propose a one-time, refundable income tax rebate, Senate Democrats have failed to endorse a tax rebate. (House Democratic Economic Stimulus Plan, January 6, 2003)

--Senators Kerry and Lieberman favor a payroll tax holiday while the House Democratic stimulus plan rejects payroll tax reductions. (Senator John Kerry, Remarks To The City Club Of Cleveland, December 3, 2002; Senator Joe Lieberman, Remarks At NASDAQ MarketSite, October 18, 2002; House Democratic Economic Stimulus Plan, January 6, 2003)

--Other Democrats suggest increasing the minimum wage or providing a $500 energy tax credit is the right course of action. (Representative Dick Gephardt, Remarks To Economic Policy Institute, October 15, 2002; Senator John Edwards, Remarks To FORTUNE Global Forum, November 12, 2002)

[Dog]

Jimmy Carter proposed cutting the taxes on dividend's back in 1976.....

[My2Cents]

Jimmy Carter? You mean the "Wizard of Oslo"?

[FranklinsTower]

Have a good one from one Wrong person to another! I cannot believe daschle was dumb enough to make that statement! LOL!

Dim daschle more or less called 90+ million people the "wrong people". How dumb can he get? Maybe I shouldn't ask.

[Cobra64]

When the Dems can only counter with a tax cut of their own, we've won!

We have only "won" when the bill is passed and W is re-elected in 2004 with a majority in both Houses. Who would have ever guessed that Jimma Carter or Bill Clinton would have ever walked into the White House.

Too much compascency among Conservatives. Nothing is "won" until we see actual results. A dream is not reality.

[BOBTHENAILER]

God Bless my bitten land...must kick some Righteous A$$...

Awe inspiring song my man. I've got it. The answer to Daschle's prayers. Offset the COST of 100% of Bush's tax cut by:

TAX ALL DEMOCRATS 5% more

We all know that they will let government decide how best to spend it. Inasmuch as 9 of 11 of the richest Senators are DemocRATS, we know they can afford it. Look at the untaxed money just waiting to give more in Hollywood, music industry, etc.

Let's rally the richest high tech RAT moguls to save the Bush tax cut by volunteering to pay more.

[PhiKapMom]

Here is the link to a previous RNC Research article that was posted and gives the details:

WH ARE THE WRONG PEOPLE? (RNC RESEARCH)

[isthisnickcool]

Hey! Don't worry. I'm here to save the day for the Democrats!

John -BLINKY THE SNAKE TRIAL LAWYER- Edwards

[PhiKapMom]

ROFLOL!!!!!!!!!!!!

That sure describes him!

[My2Cents]

Correct. I should have said, "We're winning."

[PhiKapMom]

Two of the Dims in charge of the DemocRATs disarray -- wonder where ms. cliniton is?

[Brett66]

I've waited for 14 years, ever since Reagan left office, for someone to stand up against this Marxist class warfare rhetoric of the dems and God bless him, W is going to do it!

[swheats]

Democrat melt down bump

[justshe]

TAX CUTS FOR TAXPAYERS!

PROUD TO BE ONE OF
THE WRONG PEOPLE!

[PhiKapMom]

I have been waiting that same length of time. Same with the folks at RNC who in recent years before Pres Bush didn't seem to know their left hand from the right.

Can I say FINALLY?

[isthisnickcool]

That sure describes him!

Hi PKM! Good to see ya!

The rumor is that they are trying various amount of Botox on "Blinky Edward's" eye muscles to see if they can slow down his eyelids. Right now his face looks like Stallone at the end of the first Rocky movie and he keeps falling down, getting up and yelling "Hillary", "Hillary" while holding some old lawsuit paperwork over his head that he insists is the "championship presidential belt". Weird, eh?

Hey, aren't all the Democrats kinda like cartoon or odd TV characters? Lieberman is Elmer Fudd. Daschle is one of the seven dwarfs. Biden is Barbie with his doll hair. Gore is like Mr. Rogers on Qualludes. Carville reminds me of Max Headroom. Barney Frank is, is, Barney Frank. And Hillary is a big white box from the old Fridgaire commercials. The Democrats claim to be for the real people but none of them are.

[pettifogger]

bump for later

[PhiKapMom]

I love it!

[Mudboy Slim]

"TAX ALL DEMOCRATS 5% more!!"

ROFL!! Perfect...we must make that saying known to all in DeeCee...LOL!! How 'bout a Sin Tax on Lib'ralism?! Yeah, anybody STOOOOPID enuff to Vote Fer RATS must pay into yer Disability Fund 'cuz yer obviously Ignorant DOLTS who need Medical Assistance!!!

Utmost FReegards...MUD

[PhiKapMom]

LOL!!!!!!!!

They are definitely like cartoon characters. Hard to believe anyone with an ounce of brains could support and vote for any of them.

Someone the other day posted a picture of Pat Paulson the candidate from the an old TV show that was a Presidential candidate everytime (cannot remember which show he was on), but he could have passed for LIEberman's twin.

[isthisnickcool]

Laugh In?