Mon Feb 18, 2013, 01:12 AM
punkin87 (350 posts)
Posted On FaceBook. (I like it.)
Over the past few years a lot has been made about the deficit and the debt. Every day in print and on the television, some millionaire is talking sagely about how we need to make the hard decisions and start cutting Social Security, Medicare, food stamps and unemployment benefits. Well, to paraphrase Gandhi, or was it MLK? No wait, it was Bill Hicks – go ‘eff yourselves! A few things need to be brought up when the purveyors of common wisdom and those who repeat the lies are talking about the deficit.
First, without the wars, Bush’s tax cut and the recession – brought about by deregulation - there would be no deficit. Second, until multi-billion dollar companies, like Exxon, Bank of America, GE, FaceBook, Halliburton, Mattel, Honeywell, Wells Fargo, DuPont and scores of other large companies pay as much combined as your average mechanic, then we are talking about wrong issues. When multi-millionaires and billionaires who make more in an hour than a teacher or nurse makes in a decade, yet pay a lower annual rate in taxes, we are having the wrong discussion.
But most importantly and what is missed the most often, is that all of this disaster was contrived and it wasn’t even a secret. It’s called “Starve the Beast.” Cut taxes, create a deficit and build up the debt. Then create panic because of the deficit, using this panic to cut programs to the most needy, all the while diverting attention away from the corporations and very wealthy who have profited the most. Should be brought up every day.
Written by J. Mathieu
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Posted On FaceBook. (I like it.) (Original post)
|world wide wally||Feb 2013||#6|
Response to punkin87 (Original post)
Mon Feb 18, 2013, 05:48 PM
Blanks (3,626 posts)
11. Bush's tax cuts were only supposed to be temporary.
If I remember correctly he was only going to cut taxes because of the proposed surplus.
Then he hit the trifecta.