during of bushes first terminal one and in those three he passed enormous tax
cuts for the wealth did also for that uh... other tax brackets but they want a
helping the wealthy the most ok now they cost over a trillion dollars annette
putting norm is hit on our
anna and increase our deficit
tremendously
now there were no tea bag urs r nine twelve urs protest at that time talking
about how the dollar's gonna get weak and the countries a lot of trouble in
the dept strata control
para members and all of them protest
i know 'cause they didn't
and when we protest that bush they stop eighth crackpots
dot barlow rad
is the president of course the yours
tax cuts for wealthy wall right now they are being argue was is okay
possessing actually bring in more money
and resolve our and cups trickle-down economics isko mark we're all gonna make
more money
so let's find out if that's how it turned out
the census numbers array
now there's a sense as final report card
on these years the cert
so i know that
as the about the same can argue with facts but of course football it is due
on a daily basis
but this is not conjecture
missus your compiled the statistics
so what are
well uh... when
bilkul left office in two thousand
uh... the median income for american families was fifty two thousand five
hundred dollars measured for
inflation
in two thousand nato
when bush left office
it was
fifty thousand three hundred three dogs the median income in america
over does the ears
four point two percent
the rich got richer we did a story on it but then the last week
highest one percent their rate of increase for their income was dramatic
twist ten times higher
that it is for the bottom ninety percent abuse
ninety percent of us almost all straight
but overall for the american families down four point two percent
first president in u_s_ history
as long as it had record numbers that's got to terms
that's got to terms and the numbers than median income for american families
has gone down and not pop
you want more uh...
specifics they were going to love it
under clinton the median income
increase fourteen percent
under bush he declined four point two percent
eight years of clinton well fourteen percent
uh... under clinton total number of inc americans in poverty declined
sixteen point nine seven percent
so poverty going up by seventy percent listen without other bush well it
increased
one e six point one percent
poverty going up over a quarter
over twenty six percent increase
under clinton the number of children in poverty declined twenty four point two
percent under bush it increased
by twenty one point four percent
on the clinton the number of americans without health insurance remain
essential even
down six tenths of one percent
under bush it increased meaning
the number of people that have insurance
the that do not have issues decline
but actually went public on the number of people who have insurance
but it was so small these caught about even for quick
don't even given credit for that phillips
go out of our way to be fair
under bush
uh... well that number uh... increased
the number of punisher increase
by twenty point six percent
the number of uninsured increase
children in poverty increased
poverty increases or dramatically
and median incomes for
so that those giant tax cuts wind up helping you know
no
definitively positively not even close
now is is the precise ever happen
now you know well strike that
george bush
the first
george h w bush and what have i mean in incomes under georges abi which are
doing that
they also decline
they claimed because i a three point two percent but i'm sure it's a wild
coincidence
there when you have the republicans in office
your median income falls
and we have democrats in office at rice
user
we have not gone through two hundred or two thousand years of history and
democrats and republicans it's not the end all be or
they're pretty tough numbers meant
and if you're going to argue that is purely coincidence it's a hell of an
argument
all right now finally let's go to rectify
it to be fair under reagan the median income diedre snatched eight years
it did rise rate it uh...
prosaic point one percent not back
so if you can say and he's the one that started tax cuts now here's a couple
differences one when he sort of tax cuts
uh... the highest marginal tax rate it seems unbelievable today but it was
seventy percent
now when you raise it from thirty six a thirty nine the wealthy who lose their
heads over the houck there are you coming out of marxist
backpedal seventy percent
so now when he lowers that yes mediacom rite uh... did rocks it'd help everybody
know you to help lower classes let's find out
overall and childhood poverty
were higher when reagan robinson set them when he arrived
uh... this is from the atlantic by the way to untreated mark and into wrote it
being so that number poor americans increase from twenty nine point three
million
two thirty one point seven million those five eight years
as a increase of eight point four percent
so under any and all circumstances
since nineteen eighty when you have republican presidents poverty always
rises
birthday
since nineteen eighty
and a median income
rose for reagan rose substantially for clinton
declined significant for the two bushes
look you couldn't say it's a mixed record because median income rose
underrated
but really you're going to make the argument these giant access which
destroyed our deficit in our budget
really helped all americans
you can't make a positive case for that
you just can't
now that's if you care about numbers and you believe in fact and reality
if you believe that reality is a well-known liberal bias
i guess you come up with different results
that's what i'm talking about when i say sometimes its big money
for the rich
versus the rest of it
is under bush the rich did much better
and the rest of us that works
that you want to keep going with those policies you people i care about
unfortunately you don't have a lot of choices 'cause a lot of corporate as
democrats agree with this nonsense
watch live show
at the young church dot com