Political Commentary (sorta)

I rarely get involved in public discussions about politics - but I do follow politics quite closely, especially in an election year. So when I received the following message in my inbox today, I was intrigued. I decided it was worth posting, even if only to cause a few others to become intrigued

Remember the election in 2006?
At the time of that election:
1) Consumer confidence stood at a 2 1/2 year high
2) Regular gasoline sold for $2.19 a gallon
3) The unemployment rate was 4.5%

Since voting in a Democratic Congress in 2006 we have seen:
1) Consumer confidence plummet
2) The cost of regular gasoline soar to over $3.50 a gallon
3) Unemployment is up to 5% (a 10% increase)
4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund losses)
5) Americans have seen their home equity drop by $1.2 trillion dollars
6) 1% of American homes are in foreclosure

America voted for change in 2006, and we got it! Remember it’s Congress that makes law not the President. He has to work with what’s handed to him by Congress.

Quote of the Day…”My friends, we live in the greatest nation in the history of the world. I hope you’ll join with me as we try to change it.” — Barack Obama

Taxes… Whether Democrat or a Republican you will find these statistics enlightening and amazing.
Verify: http://www.taxfoundation.org/publications/show/151.html

Under Clinton 1999
Single making 30K - tax $8,400
Single making 50K - tax $14,000
Single making 75K - tax $23,250
Married making 60K - tax $16,800
Married making 75K - tax $21,000
Married making 125K - tax $38,750

Taxes Under Bush 2008
Single making 30K - tax $4,500
Single making 50K - tax $12,500
Single making 75K - tax $18,750
Married making 60K- tax $9,000
Married making 75K - tax $18,750
Married making 125K - tax $31,250

Both democratic candidates will return to the higher tax rates. It is amazing how many people that fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. If Obama or Hillary are elected, they both say they will repeal the Bush tax cuts and a good portion of the people that fall into the categories above can’t wait for it to happen. This is like the movie The Sting with Paul Newman; you scam somebody out of some money and they don’t even know what happened.