Saturday, September 26, 2015

Conservatives give thanks for the achievements of John Boehner, libertarians, the ignorant and the stupid just snarl


  • Saved taxpayers $762 billion over ten years by making the Bush tax rates permanent for 98% of all filers beginning at the dawn of 2013
  • Saved taxpayers $1.8 trillion over ten years by finally fixing the Alternative Minimum Tax for all victims of bracket-creep
  • Saved taxpayers $339 billion over ten years by maintaining the 15% capital gains tax rate for incomes below $450,000
  • Saved families $354 billion over ten years by maintaining the child tax credit
  • Cut average annual federal deficits of $1.3 trillion 2009-2012 by 57%, to $556 billion on average 2013-2016 by ending the emergency Social Security Tax reductions and instituting the sequester spending cuts
  • The S&P 500 immediately responded with total returns in 2013 of 32.39%, the fifth best year since 1970  
  • The moribund US Dollar rose 19%, from below 80 to 95 today as overall fiscal rectitude improved
  • Causing oil prices to plummet from an average of $95/barrel 2011-2014 to $52/barrel on average in 2015 
  • Causing average US gasoline prices to fall from $3.34/gallon one year ago to $2.28/gallon today
  • Helping to keep the all-items consumer price index year-over-year nearly flat, rising just 0.2%