Obamanomics-here it is in plain English
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| Fri, 09-19-2008 - 11:17pm |
Bush/McCain's trickle down economics is a bust. Obama supporter John Talbott is for bottom up economics. Here he is on the Countdown. Worth the time:
http://www.msnbc.msn.com/id/3036677/#26797969
Talbott lays out Obamanomics, his book: http://www.amazon.com/Obamanomics-Bottom-Up-Prosperity-Trickle-Down-Economics/dp/1583228659/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1221879794&sr=8-1
Here, by the way, is more proof that Talbott is spot on, as if we didn't need it after 8 years of stagnant wages for everybody but the rich culminating in the current economic crisis:
"The stark contrast between the whiz-bang Clinton years and the dreary Bush years is familiar because it is so recent. But while it is extreme, it is not atypical. Data for the whole period from 1948 to 2007, during which Republicans occupied the White House for 34 years and Democrats for 26, show average annual growth of real gross national product of 1.64 percent per capita under Republican presidents versus 2.78 percent under Democrats.
That 1.14-point difference, if maintained for eight years, would yield 9.33 percent more income per person, which is a lot more than almost anyone can expect from a tax cut."
It's no wonder that Obama's economic advisors include former Fed Chair Paul Volcker, self-made richest guy in America Warren Buffett, and Bob Rubin, former Treasury Secretary under Clinton. In contrast, McCain's chief economic advisor is Phil Gramm, the architect of the financial deregulation that precipitated the current crisis.
Today out-of-touch McCain called the SEC, or Securities Exchange Commission, the "FEC", aka the Federal Election Commission. Earlier in the week McCain said the fundamentals of our economy were strong, then he was against the bailout, then he was for a bailout and by today he admits our economy is not strong. McCain admitted earlier to the Wall Street Journal that he doesn't know anything about economics, only to later falsely deny he said it. Don't feel badly if you are confused - you are not alone.

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Obamanomics-here it is in plain English
Rob from "the Rich" and give to underachieving waitresses. It's "neighborly."
I can't open your attachment - what is it?
"Rob from "the Rich" and give to underachieving waitresses."
Well, that's a pretty serious charge. Any facts to back it up?
Here is a more appropriate song for what is going on in recent elections:
"Oompa, Loompa, doom-pa-dee-da
If you're not greedy, you will go far
You will live in happiness too
Like the Oompa Loompa doom-pa-dee-do
Oompa, Loompa, doom-pa-dee-do
I have another puzzle for you
Oompa, Loompa, doom-pa-da-dee
If you are wise, you'll listen to me
Gum chewing's fine when it's once in a while
It stops you from smoking and brightens your smile
But it's repulsive, revolting, and wrong
Chewing and chewing all day long
The way that a cow does
Oompa, Loompa, doom-pa-dee-da
Given good manners, you will go far
You will live in happiness too
Like the Oompa Loompa doom-pa-dee-do
Oompa, Loompa, doom-pa-dee-do
I have another puzzle for you
Oompa, Loompa, doom-pa-da-dee
If you are wise, you'll listen to me
Who do you blame when your kid is a brat?
Pampered and spoiled like a Siamese cat
Blaming the kids is a lie and a shame
You know exactly who's to blame
The mother and the father
Oompa, Loompa, doom-pa-dee-da
If you're not spoiled, then you will go far
You will live in happiness too
Like the Oompa Loompa doom-pa-dee-do
Oompa, Loompa, doom-pa-dee-do
I have another puzzle for you
Oompa, Loompa, doom-pa-da-dee
If you are wise, you'll listen to me
What do you get from a glut of TV?
A pain in the neck and an IQ of three
Why don't you try simply reading a book?
Or can you just not bear to look?
You'll get no...you'll get no...you'll get no commercials
Oompa, Loompa, doom-pa-dee-da
If you're not greedy, you will go far
You will live in happiness too
Like the Oompa Loompa doom-pa-dee-do"
http://kids.niehs.nih.gov/lyrics/oompa.htm
The greedy Republicans, you see, are getting what the naughty little children get.
Next time when you go out to dinner, don't bother, you can get your own beverage, and dinner too. Are you aware that many "underachieving" waitresses are putting they way through college by waitressing? My son's GF is a waitress part time to supplement her full time job as an advertiser for a Furniture store. She has a 4 year degree, but she wants to pay off her student loans quicker.
"Ah if only I was an underachieving waitress instead of an overachieving math teacher"
Obama wants to help restore teachers to the position they used to have in society. Respected and valued. Thank you for your service to America.
Sure...watch the O'Reilly/Obama interview part 2.
http://www.foxnews.com/oreilly/index.html
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