Quote:
Originally posted by SuckOnThis
Everything about this statement is complete bullshit.
Interest rates are not going to stay at an all time low, or even lower as you say with Bush. Everyone already knows they are going to raise the rate 1/4 percent in the near future. The federal reserve controls the interest rate, not Bush.
WTF are you talking about that the economy is better than its been in 10 years? Where the fuck were you 5 years ago?
When Bush took office gas prices were below $1.50 a gallon, now they are over $2.00 a gallon. So what kind of twisted logic are you using saying with Bush they will go to an all time low? And whats your idea of 'all time low'? 15 cents a gallon?
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Interest rates went down because of the strength of the enconomy, do you remember the major jumps in the stock market following the election? Then, of course, it all leveled off looking not so well for a long time, I was hearing everyday that " Nasdaq dropped 7 points today " But then, suddenly, not too long ago I started hearing increases, its because of the economy, which is influenced by lower TAXES, because when Americans have more money left out of their paycheck, they spend it, and that helps the economy. When small businesses are paying less taxes, they hire more people, or otherwise restructure and things improve, also helping the economy (trickle down), this is why the Federal Reserve could help the rates, because the economy is stronger. Believe it or not, the government also makes more tax money when this happens, because of sales taxes.
Like I said, the economy is better in transparent ways, that people like you will not see.
They will go to an all time low WHEN Bush's plans to drill in the permafrost of whatever the fuck that is in Alaska, or, is removes the EPA bullshit enough to establish producing oil rigs off the coast of California, thus lowering the need for foreign oil, and thus lowering the costs, and blah blah blah, figure it out.