Bush - a blood-sucking vampire
Old news but worthy. Let's refute another myth that's quite popular among the left.
Myth:
Under Bush, the rich get richer and the poor get poorer.
From Johan Norberg:
"The latest data shows that average family income in the US declined between 2001 and 2004. Some use figures like that to argue that the American model is only working for the rich. Therefore, it´s worth noting that the decline is a result of the richest getting poorer, whereas other groups have made gains."
"Here is the change in average family real income in dollars 2001-2004, from David Mastio:"
Sources: Federal Reserve, Johan Norberg, Mikko Särelä.
Sure - the overall poverty rate has increased during Bush from 11.3% to almost 12.7% (most of which is short-term anyway) in 2004. But it's not like Bush has tried to take money from the poor - Bush is known for spending like a socialist although he and his fellows claim to be "small-government" Republicans. And no - this isn't because of an increase in defense spending. Compared to Bush, Bill Clinton was a small government Republican.
Myth:
Under Bush, the rich get richer and the poor get poorer.
From Johan Norberg:
"The latest data shows that average family income in the US declined between 2001 and 2004. Some use figures like that to argue that the American model is only working for the rich. Therefore, it´s worth noting that the decline is a result of the richest getting poorer, whereas other groups have made gains."
"Here is the change in average family real income in dollars 2001-2004, from David Mastio:"
| Bottom 20% of families | 100 |
| Next 20% | 400 |
| Next 20% | 500 |
| Next 20% | -300 |
| Next 10% | 2,100 |
| Top 10% | -20,300 |
Sources: Federal Reserve, Johan Norberg, Mikko Särelä.
Sure - the overall poverty rate has increased during Bush from 11.3% to almost 12.7% (most of which is short-term anyway) in 2004. But it's not like Bush has tried to take money from the poor - Bush is known for spending like a socialist although he and his fellows claim to be "small-government" Republicans. And no - this isn't because of an increase in defense spending. Compared to Bush, Bill Clinton was a small government Republican.
Labels: english
posted by MSandt at 4:10 PM
3 Comments:
I don't quite understand those who ever increasingly keep harping about George W. You are doing a bang up job, chief!
Lets see now; you can run but you can't hide, check, we will be greeted with open arms by Iraqis, check, we don't need hundreds of thousands troops to take care of business, check, war will cost just pennies for Iraqi oil is going to pay it, check, we will establish democracy not only in Iraq but it will be unstopable in the whole region, check, we will secure the oil suply and reduce domestic oil prizes, check, we will destroy Saddams huge nuke arsenal and those horrible chemical ones, too, check, we will ensure the safer America and the world, check.
George W. goes down in history as the greatest president ever. The love of his subjects has never been higher, and it's not unreasonable to expect that his work for the better world would finally be regognized by those dosile people that are in charge of Nobel peace/humanitarian prize. Hail to the chief!
Petteri, are you sure you read the post before answering? Your answer is so off-topic or is it a purposeful red herring?
If the latter is right then you are intellectually a very dishonest person.
Exccuuuuuusmeeeeeeeeee, but Mikko here is telling; yes Rome is burning but that fiddle sure sounds great.
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