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Jay Are

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Talk Show America  

"Your country... Your talk show! Join host Jay Are for the latest in political news and commentary as he takes on issues from the War On Terror to immigration and everything in between!

  • Archived Blog Post

    Date / Time:

    Talk Show America 10/25/2006

    Topics of Today's Show :

    The Roaring Economy...

    http://www.clubforgrowth.org/2006/10/the_roaring_economy.php

    Here's a great set of facts created by Dan Clifton, the head of the American Shareholders Association.
     
    2003 Bush Tax Cut: By The Numbers
    Historic Tax Cut Boosts Growth, Lifts Stock Market, and Increases Jobs
     
    14,374,330, 000,000 Total Increase in Household Wealth Since April 2003
    $5,700,000,000, 000 Total Increase in Shareholder Wealth Since May 20, 2003
    $863,654,000, 000 Total Amount of Tax Cuts Enacted Since Fiscal Year 2003
    $783,890,000, 000 Total Amount of Additional Tax Cuts to be Returned to Taxpayers Through 2010
    $625,000,000, 000 Total Increase in Federal Tax Revenues Since FY 2003
    $207,788,000, 000 Reduction in the Deficit in the Past 29 Months Due to Stronger Economic Growth
    $98,600,000, 000 Combined Income Gains for Shareholders From Dividend Increases & Tax Savings 03-05
    $62,000,000, 000 Surplus of Capital Gains Tax Revenue Not Accounted For By Revenue Estimators
    $60,000,000, 000 Deficit REDUCTION Since the Tax Cut Was Signed Into Law
    300,001,643 Total Number of Americans benefiting from President Bush’s Tax Cut
    91,000,000 Number of Individuals Owning Shares of Stock in America
    23,000,000 Number of Small Businesses Benefiting from Income Tax Reductions
    6,600,000 Number of Jobs Created Since the Tax Cut Was Signed Into Law
    12,000 The Magic Number of the Dow Jones Industrial Index is an Arms Length Away
    $2,092 Tax Increase for a Family of Four With $50k of Income if Tax Cuts Are Repealed
    200 Number of House Members Who Voted Against This Growth Generating Tax Cut
    50 Number of US Senators Who Voted Against This Growth Generating Tax Cut
    25 Number of Years Dividend Paying Companies Declined Prior to the 2003 Tax Cut
    164.0% % Increase in the Dividend Tax Rate if the Inco me and Dividend Tax Cuts Expire
    123.0% % Increase in Dividend Income and Share Repurchases Since 2003 Tax Cut
    91.0% % Increase of Stock Ownership in the Bottom Quintile of Income Distribution Since 1995
    74.0% % Increase in S&P 500 Companies Boosting Their Dividend Since 2002
    65.0% % of Voters Who Were Investors in the 2004 Elections
    51.2% % of Total Tax Cut "Cost" That Has Been Recouped From Higher Levels of Growth
    14.0% % Margin of Victory for Republicans From Investor Voters in 2002 Elections
    4.6% Unemployment Rate Which Continues To Disprove the Constant Economic Pessimism
    3.7%

    Average Quarterly GDP Growth Since Tax Cut Was Enacted (long run average is 3.3)

    One of FBI's 'Most Wanted Terrorists' confirmed dead

    An al Qaeda operative wanted in connection with the 1998 U.S. Embassy bombings was killed in April in Pakistan, American officials have confirmed.
    Pakistani officials had said that Muhsin Musa Matwalli Atwah was killed in North Waziristan during an airstrike by Pakistani forces near the border with Afghanistan.

    DNA testing confirmed the Pakistani government's claim, U.S. officials said, and Atwah's name was removed from the FBI's list of Most Wanted Terrorists.

    http://www.cnn.%20com/2006/%20WORLD/asiapcf/%2010/24/alqaeda.%20operative/%20index.html

    Analyze the Washington Post-ABC poll

    http://www.washingtonpost.com/wp-srv/politics/polls/postpoll_102306.htm

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