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President Bush and tax cuts
Monday, July 16 at 2:07 PM

Michael C. Zink of Denver writes:

Any concerns people might feel for the future of George W. Bush should be alleviated with the knowledge that his future with Comedy Central seems assured.
Today, Mr. Bush let go another good one liner when he assigned credit for false accounting and more service workers to the effect of tax cuts for donors making 300 to 15,000 years of prevailing wage per year. Mr. Bush assigned credit for reducing his $850 Billion a year budget deficit to roughly $300 Billion a year to tax cuts for his supporters.
Mr. Bush, taking $300 Billion Dollars a year from Social Security Surpluses, and assigning them to the General Fund; without notice that these funds are a debt to trust, and therefor part of the deficit; is duplicitous and fraudulent. More people (illegal immigrants) working for service wages and paying into retirement savings is not a check to balance your deficit. What will future administrations do when these legitimate debts are presented for payment? Will your buddies, making $10 Million to the $587 Million average for hedge fund managers a year, then give the monies back?
The $5,000 a year being placed in trust from prevailing wage earners and their employers is not to be squandered on your revenge or your gifts to your patrons.

This letter has not been edited.


READER COMMENTS

The surplus of the late 90's was NOT from social security, and if you look at the records of our congressional representatives from years past you will see who (democrats) authorized using those social security surpluses and the fund itself for other items. Where did you get the $300b surpluses in SS under Bush or even inherited from the Clinton years? Sounds like pie in the sky accounting

Posted by on July 16, 2007 02:43 PM

Both parties, with the help of the Federal Reserve system, are sending this country into bankruptcy. Both parties spend more than we have to spend, and both rely on the Federal Reserve to print money when they need it...creating inflation and a less valuable dollar.

Posted by Roy on July 16, 2007 02:54 PM

just remember in 98 good ole bill suggested we go to a ssi program like the government has with private accounts for all and the loyal dem liberal socalist far left liberals went for it like hair on an ape. Bush mentioned it and the same folks cried tears for the rich getting richer because of Bush and his rehashed idea from clinton.
just remember all of you socalists that when you die your family gets none of your ssi money but with private accounts they would benefit from your labor.
yeah socalism and go all of you libs.

Posted by on July 16, 2007 07:10 PM

"All those socialist Libs"?

Give me my money back for your kid's schooling.

W. is the worst President in history. Ask 7 out of 10 people.

The only people who support him are idiots.

Posted by rick on July 16, 2007 08:57 PM

"the loyal dem liberal socalist far left liberals"

Adjective police, arrest this man! Seriously, these run-on strings of adjectives used to describe the evil liberals/Democrats have officially gottten out of hand. You actually used "liberal" to modify the noun "liberals," likely because you used so many of these words you probably forgot all of them by the time you finished the sentence.
Liberal liberals? I'm guessing they're reaaallly liberal.

Posted by Jeff on July 17, 2007 11:36 AM

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