    
ABM
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, May 29, 2003 - 11:24 am: | 
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So President "Junior Bush League" has, in his "finite" wisdom - and a laughably blatant attempt to extort future votes - elected to give us all back a little dough.
Big friggin' whoop tee do!
Giving folks a few extra dollars back does not address the more profound problems in the economy. If businesses continue to be unable to effectively and productively utilize that (relatively meager) infusion of dough from the tax rebate, this politically desperate maneuver will hardly register a bleep on the major economic meters and could, hopefully, signal a tumultuous 2004 Bush re-election bid - no matter what his shyster brother Jeb tries to pull down there in Florida.
And since so many people are already deep in hock, laid off and/or underpaid, much of the giveback money may not even actually make it back into the economy. Many may instead use their cash to satisfy prior commitments to stave off foreclosures, auto repossessions and credit card defaults, which will do virtually nothing to positively affect current/future business dealings.
Actually, you could cynically argue this money give back is a clever way for Bush to both directly and indirectly give billions back his wealthy friends. The affluent will directly get back tax rebates. And the rich will indirectly receive additional monies because many of the debt-ridden lower and middle class folks will use their extra dough to pay-off part of their mountainous debt that is owed to...guess who...creditors who are themselves wealthy Bush supporters.
Bush's generosity is borne from his (specious) desire to "boost the economy"?
PUULEASE!! Can somebody quickly hand me my in-flight barf bag?! |
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