If those writing history pay attention to the time line, then the history of our current economic tax rebate will prove that shortly after Bush announced his Stimulating Economy Rebate 'it was the oil companies' who quickly schemed to raise their prices at the pumps forcing the American Citizen to spend their rebate money to stimulate Foreign Oil Countries instead.
Contrary to what the Bush administration claims, the evidence is there that the members of the Bush administration who are still on Halliburtons' payroll in one way or another will be benefiting from the foreign oil companies countries boost in their economy from the average American two car family whose tax rebate of over a quarter percent will be boosting the foreign oil. In a worse position are those small businesses that rely on many driving hours during most of their working hours. Even many of the home run businesses that exists now-a-days have the business owners and or partners doing many hours of driving/delivering of products or services. Stuck are the small businesses who are forced to raise their prices more, causing many American consumers to cut back from spending even further, thus putting many of the small companies out of business.
Did our current Bush Administration think this out? Or did they count on it?
Tuesday, May 13, 2008
Stimulating Whose Economy?
Posted by Angie Meredith at 9:11 AM
Labels: Economic news, Politics