I can't believe what I just heard a talking head say. She said that the $13.00 or so dollars extra we will be getting in our pay chex (for those of us that make less than $95K/year) starting April 1st (April Fools Day!) is not necessarily for any other purpose, than to give us a "PSYCHOLOGICAL" stimulus, you know to make us believe things are getting better. What a bunch of hooey!!!!!!!!!!!!!!!!!!!!!!!!
If that is the case then, why in the France does this administration keep telling us we are in the crisis of "all time" repeatedly. That kind of talk is totally a downer and or, lie, to manipulate us into "COMMUNISM" I mean really why fool around with socialism, pass go, straight to dissolving the Constitution.
Now, we have the POTUS telling us that he wants to reduce the deficit by half by the end of his first term!
In May 2008 when the current POTUS was the defacto Dem. nominee, the DOW was over 13,000, now it is well under 8,000. I don't care if you blame Washington, Lincoln, or Bush for the current situation, but I tell you what, this POTUS and his administration are inspiring no confidence, even Bill Clinton said so.
I told you so. Seat of the pants, no experience, Clintonites, broken promises, secrecy, tax cheats, are you happy now?
Imagine for just a moment, Mitt Romney as POTUS, a proven business and political leader that knows how to make hard choices, I guarantee things would be quite different. I bet even world economics would have been better, woulda coulda shoulda.....................
From Wikipedia, it looks correct.
Romney was sworn in as the 70th governor of Massachusetts on January 2, 2003. Upon entering office, Romney faced a projected $3 billion deficit, but a previously enacted $1.3 billion capital gains tax increase and $500 million in unanticipated federal grants decreased the deficit to $1.2 billion.[46] Through a combination of spending cuts, increased fees, and removal of corporate tax loopholes, by 2006 the state had a $700 million surplus and was able to cut taxes.[47][48]
Romney supported raising various fees by more than $300 million, including raising fees for driver's licenses, marriage licenses, and gun licenses.[48] Romney increased the state gasoline tax by 2 cents per gallon, generating about $60 million per year in additional tax revenue.[49] Romney also closed tax loopholes that brought in another $181 million from businesses over the next two years.[49] The state legislature, with Romney's support, also cut spending by $1.6 billion, including $700 million in reductions in state aid to cities and towns.[50] The cuts also included a $140 million reduction in state funding for higher education, which led state-run colleges and universities to increase tuition by 63%.[49] Romney sought additional cuts in his last year as Massachusetts governor by vetoing nearly 250 items in the state budget. All of those vetoes were overturned by the legislature.[51]
The combined state and local tax burden in Massachusetts increased during Romney's governorship.[49] According to the Tax Foundation, that per capita burden was 9.8% in 2002 (below the national average of 10.3%), and 10.5% in 2006 (below the national average of 10.8%).[52]
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