Comments (10) Jump to Comments Form

1. 

   jimbo90036 said, about 1 year ago

   The medium income of American workers is $44,000. Joe the Plumber must be a genius to save enough money to buy a business making $44,000/year.

2. 

   dtriedel said, about 1 year ago

   And try paying for health insurance on $44,000 per year. Family coverage is about $12,000, and a $5,000 tax credit isn’t going to get there. To say nothing about what strapped employers will do if the benefit is no longer deductible.

3. 

   paullkellysr said, about 1 year ago

   Funny though - The economy was good for the first 6 years of Bush. It went in he toilet the last two years - shortly after we elected a majority demo congress

4. 

   Tukla Ratte said, about 1 year ago

   “Funny though”

   Ignorance isn’t particularly amusing.

   “The economy was good for the first 6 years of Bush”

   This is what happens when you get all of your knowledge from buffoons like Rush Limbaugh rather than looking at the actual numbers. I suppose trying to think and learn would be too elitist.

   “shortly after we elected a majority demo congress”

   Not surprising, since they’ve done absolutely nothing to prevent Bush from continuing his carnage. I sure as hell hope they grow a spine or we’re screwed.

5. 

   dtriedel said, about 1 year ago

   Part of the problem - to be fair to the Dems - is that they need 60 votes in the Senate to accomplish much of anything. And of course W would likely veto anything the Dems approve.

6. 

   DianeKovacs said, about 1 year ago

   right and spending a billion dollars a day on a brainless war had nothing to do with the economic problems…

7. 

   paullkellysr said, about 1 year ago

   The main problem with the economy is the Dems forcing banks to make sub-prime loans and then Freddie and Fanny underwriting those loans as solid investments. Any effort to reign in Freddie and Fanny were blocked by Dodd and Franks, both democrats.

8. 

   motivemagus said, about 1 year ago

   Paul, I’m getting really tired of this. Wrong, wrong, wrong, and wrong. The Democrats did not “force” subprime loans. The laws you are claiming only affected a few institutions which accounted for no more than 25% of all the subprime loans. The major issue is that all the other financial services companies thought they could minimize the risk by selling derivatives. This was a new and totally unregulated approach – unregulated because of Senator Phil “Americans are whiners” Gramm, McCain’s economic advisor. Gramm blocked all regulations. Fannie and Freddie might have gone down anyway (and, yes, some Democrats deserve some blame along with a lot of Republicans), but they would not have taken down the economy had not the other 75% of the financial services companies gone hog-wild to sell subprime loans they thought they could make money on. No one had to force anything. They thought they could make money - they were right for a while, until the bubble burst.

9. 

   Alexus_The_Great said, about 1 year ago

   Hey guys, stop wasting time and money with PaulK…
   If you want to read something worthy, try the recent article from Paul Samuelson about Ultra liberals Hayek and Friedman…

10. 

    motivemagus said, about 1 year ago

    Stew & Paul–
    Yeah, enjoy your lives in the fact-free zone.