Didn't he learn anything from Reagan and the Bushes? They proved that if you cut taxes to the rich and wages to the working people everybody is better off. Reagan also knew that those greedy labor unions had just about ruined business in this country, so he went after them and made them back off on wages and benefits for working people. He knew that if corporations made more money, they would pay more to the workers, so by getting rid of unions, he made the workers a lot better off.
Reagan got his advice on all this from a guy named Arthur B. Laffer (I kid you not.) Laffer wrote a book about this idea called "Supply Side Economics." The basic idea is that if you cut taxes, the rich will allow their extra wealth to "trickle down" to those below them on the economic scale.
George H. W. Bush came along next, and he continued Reagan's ideas, but after that, we had to suffer through two terms of that liberal Democrat Clinton. Fortunately, we had a Republican Congress so they kept him from doing too much damage.
And then we got another good one, George W. Bush, and we were back on track with more tax cuts for the rich. Everything was going along fine until we had a few little problems last year, but Bush had them well in hand, and if he could just have stayed in office for one more term, everything would have been fine.
But then those people elected Obama, instead of a true blue war hero, John McCain, and everything went to hell in a hand basket. Of course all Real Americans voted for McCain, but our nation has been taken over by illegal immigrants and liberals, and some other...uh...minorities, and they all voted for Obama.
Well, of course, immediately the country went down the tubes, and Obama doesn't have a clue what to do about it. He's trying to take away some of the tax cuts for the rich, and give tax cuts to working people. That'll never work. Didn't he learn anything from all the history of Reagan and the Bushes?
McCain would have known exactly what to do in this crisis. It is so obvious! If cutting taxes for the rich makes everything better, then obviously the solution is to just abolish income taxes, and if cutting the wages of working people helps, then just abolish them too!
And then everybody will be rich, because the REALLY rich people will have so much money, they will just give it away to everybody else! This won't be Trickle Down. It will be a freakin' river!
And we will all live happily ever after.
But first, we have to get rid of Obama, who is a MuslimSocialistTerroristLovingLiberalDemocrat who faked his citizenship and pretends to be a Christian.
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Comments: 44
Take care.
Erik...Yeah, I know, but I just couldn't help myself, Once I started thinking about this, I just HAD to write it!
You're right. The GOP philosophy of cutting taxes, taken to its "logical" conclusion, means we'd get the best results with no taxes?!
Give it to the rich man
He'll know what to do
Still, maybe some people will come along and read it who don't understand Reagonomics and all that good stuff.
Hey, Larry...isn't that what we're doing with the bankers? How much money d'you guys want? A hundred billion? Two? Just tell us and we'll shovel it out, because, like Gary says:
Give it to the rich man
He'll know what to do
Elsie...if I help you sleep tonight, this article will have been good for something!
Bob U...I got that idea from an article in Nation Magazine a couple years ago when Bush was talking about even more tax cuts for the rich, saying it would help the economy. It pointed out that tax cuts that flattened the tax code were basically regressive, so they transferred wealth from the poor and middle class to the rich. The writer then suggested that the poor should just give ALL their money to the rich if that made everybody better off.
While generally thrown into the same category as lunatics,
when you talk to them, they make some pretty good points.
usually hidden persuaders in many television commercials,
by that I mean clever devices viewers are not supposed to
recognize, who's to say that your paranoid wasn't noticing
deeper aspects the rest of us let pass, or, are simply
influenced by subconsciously? The question becomes,
given my point is valid, and that such things exist, how
did this schizophrenic come to the point of seeing a
communist conspiracy therein? That's the weird or
abnormal part. And it has something to do with
attributing motives.
We know, for instance, that the big banks have a
long history of buying low, to the extent of manipulative
tactics that seem to steadily pace along one step ahead
of the law. This has gone on for years. We are seeing
a credit and currency freeze, worldwide. Thoughts like
these feed notions that "this all-powerful someone,
somewhere" is in control of what we are now experiencing.
Again, the question of motives arises.
The scary ones make that jump from power to motive
emotionally, not rationally. What a mess!
:-) It's getting to me, too. Thanks for the laugh.
The worldwide slump couldn't have come at a better time for those who find themselves
in a strong cash position. Rumor, and that's all it really is, has it that the Cheney's have
over two trillion on deposit with 18 European banks. The rumor is that Bush is loaded,
too. Could be two of the richest men on the planet. Shouldn't spread these rumors,
really, but I read it was discovered as a result of the grand jury investigation of war
crimes complaint brought before the World Court by the seven American families.
It stands to reason that is how the banks were made to reveal the information.
Anyway, true or not, there is no doubt the neoconservatives would like to bury the Bush
years and move on to the next job, starting 2012. What better way than to
create as much dissension and confusion as possible, and to sabotage every
move the President and Congress makes. It comes as no surprise.
The American people? Hah!
Nothing else matters. Let us hope that they are unsuccessful.
the younger generation the change that has occurred
in Washington over your and my lifetime. We recall
times that when the election battles were over, and the
public had made its call, the parties buried the hatchet,
the party that lost became the "the loyal opposition,"
with honor, and both went about the business of
governing the nation. Don't get me wrong, it seems the
door swings both ways; but this current minority is
off the chain and frothing. I fear they are going to
turn up like minded leaders and one day take us right
into an international conflict. The good old days were
anything but perfect; but is there any way young
Americans can see that what is going on now is not
the way things have to be?
I am reading a professor's book. He refers to Halliburton
as a money laundering outfit. How scary, but how
entirely fitting of observations.
Nowadays, the moderate middle ground between Republicans and Democrats is a desolate and deserted wasteland, over which the projectiles from the extremist Left and Right are hurled. The "moderate consensus" that used to decide most issues is extinct. Now there is just political hardball and gamesmanship, with absolutely no thought given to the people that they represent.
It's all about making political points and wooing enough big money support to fund the next ultra-expensive political campaign.
We need to fix this...but how? The people with the power to change it have no inclination to change anything, because the current situation is entirely to their benefit.
I don't think that is on Rush Limbaugh's approved reading list.
Better get rid of it right away, before he finds out. :-)
Neither extreme makes any sense to me Hixto. I'm in the middle somewhere there near you, I think.
in Congress and elsewhere are gone."
That "elsewhere," Bert, unfortunately includes many
federal employees, mostly in "power" positions, who
have huddled around the extreme agenda and now,
basically, run the Washington departments. We can
thank Reagan and Bush for a lot of it. Remember when
Clinton cleaned house? Rudeness and arrogance toward
the public (the peons) had gotten so bad it had become a
topic of national discussion. I think the IRS was a central
offender. Federal employment is quite an attractive
proposition for lazy and arrogant a-holes anyway, but
when you add "right wing" to the qualifiers, well, I don't
have to educate you on this one, I am sure. I encourage
my friends who find themselves dealing with this to
just play the game, then, after it's settled, write a
complaint. Who knows, that complaint might be just the
last straw to get rid of some of these dopes. Might make
some worker bees in Washington smile.
Why do people in government think they are our bosses, instead of just our paid help?
the incoming tide of extremist zealots the neocons brought in,
Bert. Remember the Gonzales justice department in 2006?
This stuff is real, and if the Democrats are not careful, the
right wing appointees now running the Washington bureaucracy
(and the news channels) will sabotage from the inside and
torpedo from without. Yes, I believe they are that rabid.
More so than their liberal opponents...or at least that was the consensus.
And then everybody will be better off.
And we will all live happily ever after.
It happens in fairy tales.
And that's what the Republicans are selling.
buff, Bert, but the neoconservatives really do
act like some sort of a shadow government.
Do you think they see the Obama administration
as just another opportunity to prove that
power belongs in their hands, theirs alone?
I think Republicans in general...except for the poor downtrodden moderates in that party, most of whom voted for Obama...are eager to see Obama fail, so that they can resume their "rightful" role. I think a lot of Republicans in Congress are pretty openly opposing everything Obama and the Dems are trying to do, claiming it's too expensive (where were they for the last eight years?) but really just trying to minimize his (our) chances of rescuing the economy.
When did they become our bosses? I guess we let them. BAD MISTAKE, that was/is.
Marilyn
And I must admit, I don't know exactly what you are saying. Maybe that's because I have had a few glasses of wine, though.
Could you please clarify you comments?