![]() |
| Home | Our Agenda | About Robert Denison | Contribute | Events |
| Endorsements | Latest News | E-News Sign-Up | Join Our Team | Contact Us |
|
Agenda Links End the WarEconomic Crisis Health Care Preserving Jobs America's Future National Security Auto Industry Our Environment Energy Policy |
The Economic Crisis:
Why is the Bush Administration responsible for America's deepening economic crisis? It is because they have plunged our nation into the deepest debt that we or any nation has ever had. The Bush-Miller team have been shockingly poor stewards of the United States economy. They have raided the American treasury to give tax gifts to corporations like oil companies. They have taken from that treasury to give billions in tax cuts to the richest 1 % of Americans. In the past, the middle class has been the redoubt, the fortress of the American economy. For years the Bush Administration and neo-con supporters such as Representative Miller have been at war with the middle class. Further, the Bush-Miller team has allowed the subprime mortgage scandal to rob Americans of more than one million homes that are now in foreclosure. There will be many more to come. American homes, a great and necessary source of wealth to the middle-class, have dropped in value 7 % in '08. They are projected to drop another 7 % this year. President George Bush and friends have weakened the agencies that oversee and regulate financial institutions. Also, they have REWARDED corporations for leaving American soil. Lastly, Bush-Miller has spent billions on a worthless, ruinous and costly war. They borrowed money for their war on Iraq from nations that may not have America's best in mind. The interest on that borrowed money has to be paid back. The principal on that money has to be paid back too! The costs of the war are bloating the national budget. This was money that could have strengthened a deteriorating American infrastructure. It could have saved a failing American health care system. It could have allowed, through funded research, the breaking of America's dependence on foreign oil. It could have funded better national security. It could have re-trained laid off workers, allowing them to work again. It could have funded Social Security, making it safe for our children's future. It could have retooled American automobile companies allowing that key industry to become the world's leader in non-oil based transportation. Instead, the money spent on the war in Iraq has pushed America into an economic crisis. When President Bush came to office, the Federal government was running a record
budget surplus. This budget surplus was the legacy of a DEMOCRATIC Presidency! Now the surpluss is long gone. In fact, President Bush, with YES votes by Representative Miller, has had to borrow money to cover spending. He's borrowed more money than ALL PREVIOUS PRESIDENTS COMBINED! The surplus had been projected to top $3 trillion over 10 years. The surplus could have been used to strengthen Social Security, Medicare, and to eliminate our national debt. President Bush chose to change the tax structure.The tax cuts have only helped the wealthiest Americans and largest corporations, such as the oil industry. At the same time, the budget was cut in the areas of Education and aid to Seniors. These rich-keep-getting-richer bonanzas should be reversed! Bush neo-con tax cuts for the oil industry should be eliminated!
As your Congressman, I would propose budget reductions until we have a balanced budget.
It’s time for
a Course Correction Vote Robert Denison for Congress 10th Congressional District of Michigan Change for the Better! |
