Bachmann reflects on nation’s economy, taxes
Yvonne Klinnert Stillwater Courier
U.S. Rep. Michele Bachmann from Minnesota’s Sixth District put the emphasis on the country’s economic health and growth when she spoke to the Stillwater Sunrise Rotary group at Joseph’s Restaurant Tuesday morning.
Published Wednesday, November 28, 2007Bachmann noted the improved health of the country’s economy since tax cuts went into effect in 2003, saying that the country’s economy has tripled its growth rate since then. Previous to the tax cuts, the country was losing jobs; now it is adding jobs to its employment rolls, she said. “That’s what happens when you stimulate the economy from the private sector,” she said.
Such stimulation makes an economy “recession proof,” she said, marked by “competition and prosperity.”
Bachmann said that her next goal, to help continue along that path, is to work to eliminate the alternative minimum tax, a tax that was imposed in 1969 to keep millionaires from paying no income taxes, but which is now snaring middle-income taxpayers. “The bill that ate New York City,” Bachmann called it.The 2008 House of Representatives is intent on raising taxes, Bachmann told the group, something that she will fight against. “I don’t think that’s the direction we want to go if we want to maintain prosperity.”
Well, Bachmann has already had the chance to save increasing numbers of people from the Alternative Minimum Tax but chose to vote NO. This vote illustrates one of the key problems with Michele Bachmann and other blind partisans like her. People that refuse to compromise on anything will find themselves accomplishing nothing. Michele may want to get rid of the AMT entirely but others do not and if she cannot compromise we in the sixth district will continue to have a Representative that has little power and little influence.
Other concerns are an energy bill, and a farm bill, which could be written to increase taxes, Bachman said. “It’s easy to go to look for sources of revenue,” she said, without recognizing the implications of what that would do to the economy.
Rather than look for more revenue, “it’s a matter of priorities,” Bachmann said. “What are we spending money on?”
One question was asked about the national debt, and Bachman responded by noting the difference between the nation’s short-term debt, and its long-term debt, which she defined as the unfunded promises to pay out Social Security and Medicare in the future. “The long-term debt literally keeps me awake at night,” she said.
Finally, it appears as though more and more people are realizing that Michele Bachmann only speaks to organizations that she knows will be friendly and not ask her any difficult questions.
From the comments:
Bachmann's constituents are still waiting for a public forum where we can ask her questions that evidently reporters aren't willing to ask her-- like why she voted against money to rebuild the 35W bridge. Bachmann has yet to hold a public forum where she can face her constituents. Most of us aren't in Rotary and have to work instead of going out for breakfast. Bachmann asks "What are we spending our money on?" For starters, we're spending billions of dollars a WEEK on the war Bachmann has consistently voted for.
Dwight F
Lakeland, MN
11/28/2007 3:37 PM
Cross posted on Dump Bachmann
1 Response to "Michele Bachmann: This Economy Is GRRRREAT!"
BRRRREAKING NEWS : Bachmann agrees that the Economy is not GRRRREAT !
Hard to believe but our little MsSunshine noticed that “the families across our state and the nation are feeling anxiety. The costs of healthcare, gasoline, tuition, and other necessities are rising.”
And the hardly-working Congresswoman has just the solution -- Middle Class Job Protection Act. Is this good legislation ? Read my commentary and you decide.