MrBadExample Posted: June 29, 2004, 9:13 am Post subject:
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I'm a 37 year old, full-time graphic designer with a 401K plan that has been bleeding money the last few years. .
You must be really bad at picking your 401k plan, as the Dow is at approx the same amount now as it was in 2000...
As for the enron fiasco, this is bush fault how, last i checked, throughtout the previous 8 years, bill clinton gave them gov't money and loans, and forced 3rd world nations to give them contracts, or lose US aid. Enron pays 50% donations to republicains, and 50% to the democrats. As soon as bush took office, enron was asking for gov't aid, and bush told them no..he should be commended for not helping out a corrupt dirty business.
Economic policy, in order for it to take effect, takes 3-4 years. Bush came into a weak economy, then we were hit by 9/11, and we had several major companines go belly up due to poor management. All those factors prolonged the recovery, and none of them were bush's fault. The economy is currently roaring. I don't know why most americains don't see it, I work for my fathers small manufacturing company of gift products. This year our sales are up over 200% from last year, as people are spending money again. Every single sector of the economy is on the up, and most are at record numbers. And yes job recovery is usually the lagging indicator, but the jobs are coming back, and they will continue to do so.
I personally believe in a flat tax...4 years ago I worked for a bank, and was making over 60k a year, I left the company to help my fathers company out, as he had put me thru college. My current pay is terrible, but that is the price I pay for helping him out...My girlfriends older sister, the 2 of them combined income is under $20k a year..they both are home over 5 days a week, as the sister works 2 day overnight jobs, the husband is a full time baby sister that gets his money thru the state. They have a big screen tv, and video games, broadband connection, cell phone and a nice computer. But their 3 kids don't have any clean clothes. They got over $3k back from the gov't last year, and you are telling me that two people that don't leave the house for more then 2 days a week, should be getting a pass on taxes, and getting back more then they put in, as well as all the other benefits, like healthcare, foodstamps. I am sorry I don't see why people are bitching about the rich getting a 4% or so tax cut, when their are people out their that don't do anything, and get money from the gov't