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Lawrance G Lux

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Member Since: Jul, 2001

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Blogs by Lawrance G Lux

Pre-Election Issues
10/17/2004 1:08:44 PM


This article specifically turns to what the Candidates do not wish to discuss.


The Candidates are each proclaiming their agendas, never extending beyond their own Canned responses. This author would like to discuss some of the things not mentioned, but which might have a high relevance to the Voter, though will make little difference in the Voting booth, because neither Candidate will advocate such radical change from the ways things are done. Here is the list:

1) Elimination of all Tax breaks for Corporations upon the Bsuh inaguration in 2001, would have paid off the National Debt by 2009, when the next Administration is scheduled to end. Economic evidence does exist which suggests these Tax breaks for Corporations actually do not fuel economic performance, but actually hinder it. This is a heretical view, though, hated by the Interest Groups which fund political campaigns.

2) The funds spent on the Iraq War could easily provided 25 million uninsured Americans with Basic health insurance through 2009.

3) The Y2004 Federal Budget will be around $1.7 trillion, of which almost $900b will go into the coffers of major Corporate concerns, and who will average almost a twenty percent Profit on their services provision. This will provide them with in excess of a $150b Profit, on which they will pay a real tax of about 8%, or some $12b.

4) The Bush Tax Cuts were weighted to the Rich, where Those making over $10m per year could make many times the total income of the lowest-Incomes Taxpayers as saved from taxation. Remember these Tax Cuts were passed by both Democrats and Republicans, while the average Income of a member of Congress probably saved more than the total income of the lowest-Income Taxpayer.

5) All health insurance proposals by either Candidate, by far worse by Bush, insist that already-Insured capable Citizens get serious benefits for their already inplace self-insurance, with little benefit actually going to the currently Uninsured and only with high Deductibles set to limit participation.
lgl


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More Blogs by Lawrance G Lux
• Spending Plans - Wednesday, May 25, 2011
• Alternate Blog - Thursday, November 18, 2004
• Tax Proposals - Monday, November 8, 2004
• The Election Result - Wednesday, November 3, 2004
• The Osama Tape - Saturday, October 30, 2004
• Post-Election - Thursday, October 21, 2004
•  Pre-Election Issues - Sunday, October 17, 2004  

• The Debate - Friday, October 1, 2004
• Effect of Outsourcing - Wednesday, September 29, 2004
• Current Economic State - Tuesday, September 28, 2004
• Congress Continues to stick their Heads in the Sand - Wednesday, September 22, 2004
• August Economic Indicators. - Thursday, September 16, 2004
• Best We can Get. - Monday, September 6, 2004
• I smell a Rat. - Friday, September 3, 2004
• Compassionate Conservativism - Thursday, September 2, 2004
• Bush Has Lost Florida - Sunday, August 15, 2004
• Labor--Further Information - Saturday, August 7, 2004
• The Labor Market - Monday, August 2, 2004
• Construction of Fantasy - Saturday, July 31, 2004
• Presidential Responsibility - Sunday, July 11, 2004
• Minimum Wage - Tuesday, July 6, 2004
• The current Economic Problem - Saturday, April 3, 2004
• Eat Crow--Maybe - Friday, April 2, 2004
• New Employment Figures - Thursday, April 1, 2004
• Recession Dating - Saturday, March 6, 2004
• Greenspan Misread It! - Monday, February 23, 2004
• Trade Deficit and Job Growth - Saturday, February 21, 2004
• The Tax Issue - Monday, February 16, 2004
• Productivity Gains and Job Growth - Thursday, February 12, 2004
• Labor Report - Friday, February 6, 2004
• Defense and Homeland Security - Wednesday, February 4, 2004
• Bush Budget Estimates - Saturday, January 31, 2004
• Deficit: Brokings Economic Studies - Thursday, January 29, 2004
• Pension Relief - Thursday, January 29, 2004
• $477 Billion?--What a Joke! - Monday, January 26, 2004
• Income Inequality - Sunday, January 25, 2004
• Revisionist Economic View - Saturday, January 24, 2004
• Economic Data Distortions - Thursday, January 22, 2004
• State of the Union Address - Wednesday, January 21, 2004
• Consumer Confidence - Friday, January 16, 2004
• Consumer Debt - Monday, January 12, 2004
• Job Stats - Monday, January 12, 2004
• Job Picture - Friday, January 9, 2004
• Interest Rates - Sunday, January 4, 2004
• Playing with the Numbers - Saturday, January 3, 2004
• Mad Cow - Thursday, January 1, 2004
• Year Review - Wednesday, December 31, 2003
• HALLIBURTON - Monday, December 29, 2003
• Nafta and the Economy - Saturday, December 27, 2003
• Ouestions? - Tuesday, December 23, 2003
• Deafening Silence - Sunday, December 21, 2003
• Multiemployer Pension Plans - Tuesday, December 16, 2003
• Natural Gas Prices - Saturday, December 13, 2003
• November Sales Increase - Thursday, December 11, 2003
• CBO Monthly Report - Monday, December 8, 2003
• The way is goes. - Friday, December 5, 2003
• Revised Numbers - Friday, December 5, 2003
• Jobs - Thursday, December 4, 2003
• New Information - Sunday, November 30, 2003
• Latest data - Saturday, November 29, 2003
• Making Sense of the Economic World - Monday, November 24, 2003