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from: frank@frankcoins.com
date: 2019-01-31 19:20:00
subject: Re: Stop Obama

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Subject: Re: Stop Obama
From: Frank Provasek 
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dfw.politics:377

On Nov 6, 10:19 am, Cade Larson  wrote:
> On 11/6/2012 7:33 AM, Frank Provasek wrote:
>
>
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> > On Nov 5, 3:00 pm, Cade Larson  wrote:
>
> >> In January 2009, the month President Obama entered the Oval Office and
> >> shortly before he signed his stimulus spending bill, median household
> >> income was $54,983. By June 2012, it had tumbled to $50,964, adjusted
> >> for inflation. (See the chart nearby.) That's $4,019 in lost real
> >> income, a little less than a month's income every year.
>
> > The September 2008 collapse caused about $4 trillion in wealth to
> > disappear just in the United States.  That's some
> > $13,000 for every man, woman and child.  To think that would not
> > affect household incomes adversely for many years is foolish.
> > If anything, the stimulus was not big enough to keep the economy only
> > in mild recession.
>
> The "stimulus" FAILED, less than 4% went to shovel-ready projects, LESS
> THAN FOUR PERCENT!!!!!
>
> Now we have an open-ended 40 BILLION$$ a month from the Fed to infinity
> and beyond!!!
>
> IT FAILED!!!
>
> You taxaholic Dems are spending us into a full on national BANKRUPTCY!

Taxaholic?

In February, 2009, Obama signed the American Recovery and Investment
Act, which included $288 billion in tax cuts, arguably the largest tax
cuts in American history. These cuts included a payroll tax credit of
$400 per worker and $800 per married couple in 2009 and 2010, and an
extension of revisions in the Alternative Minimum Tax, which saved
middle-class Americans $70 billion. Additionally, the legislation
included over $30 billion in tax cuts for American businesses.

http://www.republicansforobama.org/firstterm
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