OT The Fiscal Magic of “The One” (Political)

[luchabee]

From today’s Wall Street Journal:

October 10, 2008
Obama’s Magic
By Kimberley Strassel

And now, America, we introduce the Great Obama! The world’s most gifted political magician! A thing of wonder. A thing of awe. Just watch him defy politics, economics, even gravity! (And hold your applause until the end, please.)

To kick off our show tonight, Mr. Obama will give 95% of American working families a tax cut, even though 40% of Americans today don’t pay income taxes! How can our star enact such mathemagic? How can he “cut” zero? Abracadabra! It’s called a “refundable tax credit.” It involves the federal government taking money from those who do pay taxes, and writing checks to those who don’t. Yes, yes, in the real world this is known as “welfare,” but please try not to ruin the show.

For his next trick, the Great Obama will jumpstart the economy, and he’ll do it by raising taxes on the very businesses that are today adrift in a financial tsunami! That will include all those among the top 1% of taxpayers who are in fact small-business owners, and the nation’s biggest employers who currently pay some of the highest corporate tax rates in the developed world. Mr. Obama will, with a flick of his fingers, show them how to create more jobs with less money. It’s simple, really. He has a wand.

Next up, Mr. Obama will re-regulate the economy, with no ill effects whatsoever! You may have heard that for the past 40 years most politicians believed deregulation was good for the U.S. economy. You might have even heard that much of today’s financial mess tracks to loose money policy, or Fannie and Freddie excesses. Our magician will show the fault was instead with our failure to clamp down on innovation and risk-taking, and will fix this with new, all-encompassing rules. Presto!

For the rest of the article:

http://www.realclearpolitics.com/articles/2008/10/obamas_magic.html

[svelte]

As opposed to John McCain who promises to fix the financial crisis, cut taxes, stay in Iraq, and balance the budget his first term:

John McCain will balance the budget by the end of his first term.

which is the first line here:

http://www.johnmccain.com/Issues/JobsforAmerica/reform.htm

Presto!

[svelte]

As opposed to John McCain who promises to fix the financial crisis, cut taxes, stay in Iraq, and balance the budget his first term:

John McCain will balance the budget by the end of his first term.

which is the first line here:

http://www.johnmccain.com/Issues/JobsforAmerica/reform.htm

Presto!

[svelte]

As opposed to John McCain who promises to fix the financial crisis, cut taxes, stay in Iraq, and balance the budget his first term:

John McCain will balance the budget by the end of his first term.

which is the first line here:

http://www.johnmccain.com/Issues/JobsforAmerica/reform.htm

Presto!

[svelte]

As opposed to John McCain who promises to fix the financial crisis, cut taxes, stay in Iraq, and balance the budget his first term:

John McCain will balance the budget by the end of his first term.

which is the first line here:

http://www.johnmccain.com/Issues/JobsforAmerica/reform.htm

Presto!

[svelte]

As opposed to John McCain who promises to fix the financial crisis, cut taxes, stay in Iraq, and balance the budget his first term:

John McCain will balance the budget by the end of his first term.

which is the first line here:

http://www.johnmccain.com/Issues/JobsforAmerica/reform.htm

Presto!

[nostradamus]

Those are great magic tricks, but nothing in comparison to the greatest and most ingenious magician GW Bush who managed to fuck over every American alive today and even those who aren’t born yet!

[nostradamus]

Those are great magic tricks, but nothing in comparison to the greatest and most ingenious magician GW Bush who managed to fuck over every American alive today and even those who aren’t born yet!

[nostradamus]

Those are great magic tricks, but nothing in comparison to the greatest and most ingenious magician GW Bush who managed to fuck over every American alive today and even those who aren’t born yet!

[nostradamus]

Those are great magic tricks, but nothing in comparison to the greatest and most ingenious magician GW Bush who managed to fuck over every American alive today and even those who aren’t born yet!

[nostradamus]

Those are great magic tricks, but nothing in comparison to the greatest and most ingenious magician GW Bush who managed to fuck over every American alive today and even those who aren’t born yet!

[blahblahblah]

To kick off our show tonight, Mr. Obama will give 95% of American working families a tax cut, even though 40% of Americans today don’t pay income taxes! How can our star enact such mathemagic?

To start with, let’s examine the word magic in this article. Obama’s plan cuts taxes for 95% of working families. Let’s assume that her claim that 40% of Americans don’t pay any income tax is true. According to census data compiled by the US Census Bureau, only 60.1% of the US population is between the ages of 20-64 (the prime working years, where most people are in families). An additional 27.4% are 0-19 years of age (a few of these will pay a small amount of taxes starting at the age of 16), and 12.6% are over 65 (and again, some number of those pay tax but many retirees do not earn enough to). So it’s not surprising that 40% of Americans don’t pay income tax when we learn how many of them are children and retired or elderly people.

Bottom line, the author of this propaganda piece is not comparing apples to apples. Either she is too thick to understand that “working families” and “Americans” are two different things or she thinks her audience is too thick to catch onto her insincere little word games.

[blahblahblah]

To kick off our show tonight, Mr. Obama will give 95% of American working families a tax cut, even though 40% of Americans today don’t pay income taxes! How can our star enact such mathemagic?

To start with, let’s examine the word magic in this article. Obama’s plan cuts taxes for 95% of working families. Let’s assume that her claim that 40% of Americans don’t pay any income tax is true. According to census data compiled by the US Census Bureau, only 60.1% of the US population is between the ages of 20-64 (the prime working years, where most people are in families). An additional 27.4% are 0-19 years of age (a few of these will pay a small amount of taxes starting at the age of 16), and 12.6% are over 65 (and again, some number of those pay tax but many retirees do not earn enough to). So it’s not surprising that 40% of Americans don’t pay income tax when we learn how many of them are children and retired or elderly people.

Bottom line, the author of this propaganda piece is not comparing apples to apples. Either she is too thick to understand that “working families” and “Americans” are two different things or she thinks her audience is too thick to catch onto her insincere little word games.

[blahblahblah]

To kick off our show tonight, Mr. Obama will give 95% of American working families a tax cut, even though 40% of Americans today don’t pay income taxes! How can our star enact such mathemagic?

To start with, let’s examine the word magic in this article. Obama’s plan cuts taxes for 95% of working families. Let’s assume that her claim that 40% of Americans don’t pay any income tax is true. According to census data compiled by the US Census Bureau, only 60.1% of the US population is between the ages of 20-64 (the prime working years, where most people are in families). An additional 27.4% are 0-19 years of age (a few of these will pay a small amount of taxes starting at the age of 16), and 12.6% are over 65 (and again, some number of those pay tax but many retirees do not earn enough to). So it’s not surprising that 40% of Americans don’t pay income tax when we learn how many of them are children and retired or elderly people.

Bottom line, the author of this propaganda piece is not comparing apples to apples. Either she is too thick to understand that “working families” and “Americans” are two different things or she thinks her audience is too thick to catch onto her insincere little word games.

[blahblahblah]

To kick off our show tonight, Mr. Obama will give 95% of American working families a tax cut, even though 40% of Americans today don’t pay income taxes! How can our star enact such mathemagic?

To start with, let’s examine the word magic in this article. Obama’s plan cuts taxes for 95% of working families. Let’s assume that her claim that 40% of Americans don’t pay any income tax is true. According to census data compiled by the US Census Bureau, only 60.1% of the US population is between the ages of 20-64 (the prime working years, where most people are in families). An additional 27.4% are 0-19 years of age (a few of these will pay a small amount of taxes starting at the age of 16), and 12.6% are over 65 (and again, some number of those pay tax but many retirees do not earn enough to). So it’s not surprising that 40% of Americans don’t pay income tax when we learn how many of them are children and retired or elderly people.

Bottom line, the author of this propaganda piece is not comparing apples to apples. Either she is too thick to understand that “working families” and “Americans” are two different things or she thinks her audience is too thick to catch onto her insincere little word games.

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