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LIBERterryAN

(9 posts)
2. A simple technique for destroying Romney and his gang is too. . . .
Wed Oct 17, 2012, 12:56 AM
Oct 2012

Take a look at what the barking mad GOP has done to M2v and MZMv --- the velocity of money over the last 12 years with their horrible fiscal policy. What I'm taliking about here
is how the GOP (on a micro scale) gives $1.00 of tax cuts to the top 1% who save 50% of
their incomes (instead of the bottom 99% who only save 8% of their incomes) and, because
of this, the economy is only bigger by $0.30 1-year later. That's called a "multiplier." Then,
in order to pay for their looting, they cut government spending by $1.00 and, because of this
the economy is smaller by $1.50 1-year later.

So for every $1.00 that the GOP gives in tax cuts to the top 1% that create zero jobs and pay for it by cutting government spending on the bottom 99% that create lots of jobs our
economy ends up smaller by $1.20 1-year later. We lose jobs and gain more debt. Then the
barking mad GOP says " wow am i mad about debt and job-losses!" when in fact the GOP
creates all of the debt and destroys all of the jobs --- by the millions. Literally.

Thus, the amount of yearly GDP that our economy gets per every dollar in our money supply
is always nose-diving because of the GOP's CLASS WARFARE.

That is an easy and simple argument to make over and over again = the end of the GOP.

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