Weekly Musing 1-8-12
Saul Anuzis
MI: Republican National Committeeman
Obama’s Revisionist History: Here is what really happened.
Those Bush tax cuts quickly ended the 2001 recession, despite the contractionary economic impacts of 9/11, and the economy continued to grow for another 73 months. After the rate cuts were all fully implemented in 2003, the economy created 7.8 million new jobs and the unemployment rate fell from over 6% to 4.4%. Real economic growth over the next 3 years doubled from the average for the prior 3 years, to 3.5%.
In response to the rate cuts, business investment spending, which had declined for 9 straight quarters, reversed and increased 6.7% per quarter. That is where the jobs came from. Manufacturing output soared to its highest level in 20 years. The stock market revived, creating almost $7 trillion in new shareholder wealth. From 2003 to 2007, the S&P 500 almost doubled. Capital gains tax revenues had doubled by 2005, despite Bush’s 25% cut in the capital gains rate.
The deficit in the last budget adopted by Republican Congressional majorities was $161 billion for fiscal 2007. Today that deficit is nearly 10 times as much. Total federal revenues under Bush soared by nearly 30%, from $1.991 trillion in 2001 to $2.568 trillion in 2007. The day the Democrat Congressional majorities took office, January 3, 2007, the unemployment rate was 4.6%. George Bush’s economic policies, “the failed policies of the past” in Obama’s rhetoric, had set a record of 52 straight months of job creation.
Even before Obama was elected, under those “failed policies of the past,” the top 1% of income earners in 2007 paid 40% of federal income taxes (up from 17.6% when Reagan entered office), while the CBO just reported that they earned 17% of the income in 2007. Moreover, that 40% of federal income taxes paid by the top 1% was more than paid by the bottom 95% combined, according to official IRS data. While the top 1% paid 40% of federal income taxes, the bottom 40% paid no federal income taxes as a group on net. Today 47% pay no federal income taxes.
Don’t Let Obama/Democrats Spin the Facts
When the president says he inherited the “worst economic conditions ever”…don’t buy it. The facts above are good talking points. Obama is making things worse…we are for change…and hope!
New Hampshire primary: Mitt Romney rises above squabbling pack
The Republican presidential debate Saturday broke out into a volley of charges and counter-charges between the candidates, but left front-runner Mitt Romney almost entirely unscathed in the second-to-last forum before Tuesday’s New Hampshire primary.
The debate was an object lesson in the challenges facing Romney’s conservative opponents: much as they need to tear down the former Massachusetts governor, they can’t help squabbling amongst themselves instead.
http://www.politico.com/news/stories/0112/71198.html#ixzz1iq0ECrsb
Durant Raises over $1.3 MILLION against Stabenow!In just over 4 months, Clark Durant’s campaign has raised over $1.3 million dollars. This last quarter, even over the holidays, they raked in over $600,000 and having around $1 MILLION cash on hand.
Very impressive!
http://www.thatssaulfolks.com/2012/01/06/durant-team-raises-of-1-3-million-in-just-over-4-months/
9th Congressional District Pancakes & Politics
Yesterday I joined over 100 Republican and Tea Party activists at their first Pancakes & Politics event for 2012. Congressman Mike Rogers, Michigan Republican’s Political Director Steve Ostrow and I addressed the activists. We discussed the 2012 elections coming up and the work ahead!
Everyone stressed we are going to have a competitive primary for President, U.S. Senate and other seats. WE Republicans have to remember that regardless who wins the primary, ultimately our goal is to defeat Obama and his allies to stop his liberal policies! Prepare for UNITY!!!
Oh yeh, and NO demonstrators showed up:)
Interesting Analysis: Anatomy of a Narrow Victory
“Romney’s staff presided over an aggressive effort to both monitor the supporters and keep nudging the persuadables. Field organizers managed phone banks where volunteers would place calls to identify voters’ leanings (known as ID calls), registering the results onto bubble sheets by hand and then scanning them digitally. Volunteers would patrol the doors of Romney’s events to ensure attendees filled out cards identifying them as supporters. All of that information was fed back into TargetPoint’s databases to refine the quality of its predictions.”
Why U.S. should cheer for Scott Walker
“Wisconsin has emerged as a central battleground in the fight over the outsized political role played by, and the enormous privileges enjoyed by, public employee unions. The collective bargaining entitlement enables public sector workers to extract excessive compensation, benefits, and pension packages at the expense of taxpayers.”
House GOP Jobs Plan Status – Why Obama & the Senate Democrats are KILLING Jobs?!?Last year, House Republicans released a comprehensive pro-growth jobs plan to foster an environment for economic growth and job creation. In August, House Republicans took the plan a step further by repealing or delaying the 10 most harmful regulations preventing businesses from growing and hiring new workers. In September, House Republicans outlined areas of agreement with President Obama’s jobs plan, focusing on areas of common ground where we can make incremental steps toward putting Americans back to work.
To date, the House has passed 27 bipartisan jobs bills that await action from Senate Democrats.
http://majorityleader.gov/JobsTracker/
Best Critique of Obama I’ve Ever Read
“Ferrara succinctly examines Obama’s upbringing, his early professional life, his liberal ideology, his ascendency into politics, his becoming President of the United States and his policies since occupying the White House. This is a very interesting and insightful read, especially in light of the challenging economic and financial times we find ourselves in.”
http://profutures.com/article.php/777/
Obama’s Repo Men – The Democrat’s 1%
“Wall Street can do math, and the math looks like this: Wall Street + Washington = Wild Profitability. Free enterprise? Entrepreneurship? Starting a business making and selling stuff behind some grimy little storefront? You’d have to be a fool. Better to invest in political favors…Free-market, limited-government conservatives should be none too eager to welcome them back, nor should we let our natural sympathy with the profit motive blind us to the fact that a great many of them do not belong in the conservative movement, and that more than a few of them belong in prison.”
http://www.nationalreview.com/articles/286704/repo-men-kevin-d-williamson
Will Obama steal the 2012 election?
“Racism has nothing to do with states implementing voter ID laws. Rather, it is about protecting the integrity of our electoral system. Voter fraud is rampant; abuses regularly take place.”
http://www.washingtontimes.com/news/2011/dec/30/voter-id-terrifies-democrats-will-obama-steal-the-/
GOP’s election battle plan: Use Obama’s own words against him
Republican officials say they will leverage the party’s newly catalogued video library containing every publicly available utterance from Obama since his 2008 campaign. Television and Internet ads will juxtapose specific Obama promises of job gains, homeowner assistance, help for people in poverty, lower health insurance premiums and stricter White House ethics standards against government data and news clippings that paint a different reality.
Scary! The Coming Collapse of China
“The problem for the country’s ruling party is that, although Chinese people generally do not have revolutionary intentions, their acts of social disruption can have revolutionary implications because they are occurring at an extraordinarily sensitive time.”
http://www.foreignpolicy.com/articles/2011/12/29/the_coming_collapse_of_china_2012_edition
MI GOP: Precinct Delegate Applications online!
For activists who want to become precinct delegate and play a greater role in our party…here is your first step! File locally and run for precinct delegate.
http://www.michigan.gov/documents/Aff-ID_Precnt_139901_7.pdf
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Thanks again for all you do!
