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Full Version: Stock Market Might Call it for Bush, the Only Pro-Growth Candidate
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Joe in Philly
Stock markets don't vote. People vote.
Veritas
You're darned right, and two-thirds of voters are stockholders, a frightening thought for Kerry to consider. The more people who become investors, the more they'll vote for a candidate like Bush, who will make it possible for them to succeed.
Joe in Philly
I don't know how many people are stockholders -- and how many of those actually BUY stocks on their own as compared to those who have no choice since their company's retirement funds are tied into stocks -- but there are many many MANY millions who are working more hours than ever for lower pay and benefits, with skyrocketing fuel costs, medical costs, costs of college, etc. eating into what little they're making. If those people are voting for Bush, then they're bigger fools than even you are, which is saying something.

[ October 29, 2004, 11:47 AM: Message edited by: Joe in Philly ]
thersis
actually, a close reading of the objective parts (there were a couple) of this article paints kerry with an anti-supply side economics brush, not an anti-business brush.

reagan claimed that the only way to beat the deficits was to grow our way out of them with economic-spurring tax cuts. bush parrots that assertion in his recent campaign rhetoric. reagan was wrong. fool me once, uh, uh, won't be fooled again.

and actually, the stock market is predicting a kerry victory.

[ October 29, 2004, 12:16 PM: Message edited by: thersis ]
fantomas
And Raygun's supply-side advisor Jude Wanniski is supporting Kerry.

Got to do better than tossing out National Review claptrap, Veritas. Even right-wingers are fleeing the shipWreck. Plus no one here is living in the Faux echo chamber (we'll all be speaking "Arabic"...are you nuts? We'll be speaking Spanish first, duh!)
Veritas
QUOTE
Joe in Philly:
I don't know how many people are stockholders -- and how many of those actually BUY stocks on their own as compared to those who have no choice since their company's retirement funds are tied into stocks -- but there are many many MANY millions who are working more hours than ever for lower pay and benefits, with skyrocketing fuel costs, medical costs, costs of college, etc. eating into what little they're making. If those people are voting for Bush, then they're bigger fools than even you are, which is saying something.
And just what is Bush supposed to do about pay? About hours, huh? Wake up for Pete's sake. America ain't the manufacturing country we used to be. Technology has made many things more possible with fewer workers, and crazy unions have strangled businesses with so many ridiculous demands that the cost of doing business has skyrocketed. Certain demands are right, but when a union goes above and beyond this for no other reason than greed (and to put the screws to the capitalist), then businesses are forced to cut back or shut down, sending their jobs somewhere else, where the costs aren't so damn high.

That's the problem with all you Marxists--just cut back our hours, pay us more money, all because we said so. Hey, life's not fair, and running a business isn't easy, either.
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