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Reply #87: I find it interesting how some wish to defend Reagan's "trickle on" economic disaster [View All]

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newspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-02-10 10:38 AM
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87. I find it interesting how some wish to defend Reagan's "trickle on" economic disaster
Edited on Thu Sep-02-10 10:39 AM by newspeak
before Reagan taxes on the wealthy was at 66%-during Eisenhower it was 88%. But, some want to argue how Reagan's economic policies creates jobs--I have a list of once healthy American companies who were raped and pillaged by some of the most worthless pieces of shite and their generational workers left in the wind. Some of those companies were bought so many times, like Simplicity, I believe they finally were sold to a foreign enterprise.

I believe Eisenhower gave tax deductions to companies for innovation and hiring at home. But, anyone who believes giving tax breaks, like Reagans, to the wealthy, are in Lalaland. We can see today, the effects of Reagan's "voodoo economics." We have a disparity in wealth that has not been seen since before the great depression. There is no incentives for corporations to hire at home--they get their tax break and just send the money overseas.

Then, you have companies like XE and Halliburton who have government contracts, take our money, and move their headquarters to the ME. What I see is a bunch of greedy, sociopathic vampires draining us--our money goes into their pockets and yet, what we paid in for, Social Security may be put on the chopping block. For those of us who want to take care of our citizens, to rebuild our infrastructure--no, the priority is for war, the MIC and protecting corporations.

Little Boots was in office for eight years, and at the beginning passed tax cuts to the wealthy--he has the WORST job creation record since the great depression, so how does giving the wealthy more tax cuts help the poor and middle class? He had eight years with that excuse and he made it worse.
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  -If lower taxes on the rich help create jobs...then WHERE ARE OUR FUCKING JOBS? Hugabear  Aug-28-10 02:01 AM   #0 
  - fuck yeah  Radical Activist   Aug-28-10 02:03 AM   #1 
  - Maybe they are imaginary jobs...  Subdivisions   Aug-28-10 02:03 AM   #2 
  - No, they actually invested their tax cut money to create real jobs.  Lasher   Aug-28-10 02:15 AM   #3 
     - ....  gateley   Aug-28-10 02:28 AM   #6 
     - +1  Axle_techie   Aug-28-10 08:44 PM   #43 
  - I see the un-reccers are out  Hugabear   Aug-28-10 02:17 AM   #4 
  - maybe their mom's want them to stay home and play a board game. nt  unpossibles   Aug-28-10 09:41 PM   #51 
  - What office will you run for?  BootinUp   Aug-28-10 02:27 AM   #5 
  - Jesus. So fucking simple. Brilliant. K and Fucking R! nt  gateley   Aug-28-10 02:29 AM   #7 
  - Then ask those asshats "where are the jobs?"  DCKit   Aug-28-10 02:30 AM   #8 
  - An excellent question!  Sherman A1   Aug-28-10 02:39 AM   #9 
  - lower their taxes & they "invest" in financial bubbles or jobs in china or  Hannah Bell   Aug-28-10 02:58 AM   #10 
  - i'd love to cover my car with bumper stickers with your question  corpseratemedia   Aug-28-10 03:26 AM   #11 
  - The rich never have created jobs. First you have to have need, second  B Calm   Aug-28-10 03:34 AM   #12 
  - I want to scream that question too  upi402   Aug-28-10 04:01 AM   #13 
  - i heard some right winger say "they're not  DesertFlower   Aug-28-10 04:30 AM   #14 
  - So that's the excuse . . . a nine-year spooking?  HughBeaumont   Aug-28-10 06:05 AM   #17 
  - India.....duh - nt  Lagomorph   Aug-28-10 04:49 AM   #15 
  - WPA is the way to get jobs  billlll   Aug-28-10 05:41 AM   #16 
  - C'mon . . . who needs roads and parks and schools and public  OrwellwasRight   Aug-28-10 09:21 PM   #48 
  - CON. GAME.  HughBeaumont   Aug-28-10 06:10 AM   #18 
  - THAT is a question our media should be asking the Republicans.  AndyA   Aug-28-10 06:18 AM   #19 
  - You can fool a teabagger all the time with rhetoric. nt  4dsc   Aug-28-10 06:22 AM   #20 
  - This belongs on the greatest page  tularetom   Aug-28-10 07:17 AM   #21 
  - 'Zackly.  tanyev   Aug-28-10 07:44 AM   #22 
  - I am so curious as to the crazy logic they'd cough up if you showed the teabaggers that chart.  CLANG   Aug-28-10 05:57 PM   #35 
     - I would say the logic is that  Axle_techie   Aug-28-10 08:48 PM   #46 
  - You and me both...  ljm2002   Aug-28-10 08:22 AM   #23 
  - I'll tell you where the jobs are....  BlueDemKev   Aug-28-10 02:29 PM   #24 
  - You nailed it. nt  Cass   Aug-29-10 07:31 AM   #65 
  - Can the republicans explain why "trickle down" is better than "trickle up"?  Vehl   Aug-28-10 02:33 PM   #25 
  - Trickle down:  The Wizard   Aug-29-10 02:18 AM   #64 
  - Right wingers have tuned out reality to the point where....  Jade Fox   Aug-28-10 02:37 PM   #26 
  - It's so obvious yet the brainwashed still insist on taking up for the uber rich.  Liberal In Texas   Aug-28-10 02:38 PM   #27 
  - Exactly! n/t  marew   Aug-28-10 03:28 PM   #28 
  - Where are our jobs? In India.  Joe Fields   Aug-28-10 03:47 PM   #29 
  - And if the jobs can't go to India,  Virginian   Aug-30-10 12:34 PM   #67 
     - + 1  musette_sf   Sep-01-10 07:23 PM   #73 
  - Our jobs are overseas and the $$$$ is in their pockets. Can't make the selfish  glinda   Aug-28-10 04:40 PM   #30 
  - Precisely!  JDPriestly   Aug-28-10 05:12 PM   #31 
  - They aren't low enough. They have to be Minus Graham's Number Percent.  Commie Pinko Dirtbag   Aug-28-10 05:21 PM   #32 
  - Stating the obvious is anti-American, it seems. nt  valerief   Aug-28-10 05:27 PM   #33 
  - but ... you don't understand - it's not about *our* jobs  Buenaventura   Aug-28-10 05:41 PM   #34 
  - Arrrh! I want to scream as well...  Locrian   Aug-28-10 06:25 PM   #36 
  - damn double post....  Locrian   Aug-28-10 06:26 PM   #37 
  - Good Question!!  Little Star   Aug-28-10 06:28 PM   #38 
  - "Trickle down" IS certainly a trojan horse. Agree, there. n/t  Fire1   Aug-28-10 06:38 PM   #39 
  - Mine went bye-bye on June 30. Layoff.  northofdenali   Aug-28-10 06:59 PM   #40 
  - unemployment went up after the bush tax cuts for the rich  Botany   Aug-28-10 07:29 PM   #41 
  - India, China, Mexico.  jobycom   Aug-28-10 07:35 PM   #42 
  - Soon to be in Africa  SmileyRose   Aug-28-10 08:46 PM   #45 
  - America is not willing to support a manufacturing economy any longer  npk   Aug-28-10 08:45 PM   #44 
  - Your Jobs Are Overseas.  Anakin Skywalker   Aug-28-10 09:07 PM   #47 
  - Oh come on guys, they create a few jobs.  KillCapitalism   Aug-28-10 09:27 PM   #49 
  - The ultimate smackdown, worse than Carter  roseBudd   Aug-28-10 09:29 PM   #50 
  - I don't understand your complaint... the rich have jobs, don't they?  metapunditedgy   Aug-28-10 09:48 PM   #52 
  - Just look at all the jobs the rich have created!  Oldtimeralso   Aug-28-10 10:02 PM   #53 
  - Have to K and R!! nt  riderinthestorm   Aug-28-10 10:04 PM   #54 
  - A lot of them don't even know that taxes on top earners are lower  Lydia Leftcoast   Aug-28-10 11:21 PM   #55 
  - It's not trickle down,  Mendocino   Aug-28-10 11:28 PM   #56 
  - K&R  Wednesdays   Aug-28-10 11:39 PM   #57 
  - If you are a maid or a butler there are now more jobs for you.  Kablooie   Aug-29-10 12:19 AM   #58 
  - They've had lower taxes for almost 30 years...  alittlelark   Aug-29-10 12:23 AM   #59 
  - If tax cuts fight recessions, how'd we end up in a recession?  Beartracks   Aug-29-10 12:50 AM   #60 
  - "these rich fucks have been enjoying lower taxes for almost a decade,"  laughingliberal   Aug-29-10 01:16 AM   #61 
  - OK, I am curious  minavasht   Aug-29-10 02:08 AM   #62 
  - I'll ask you the same question then - where are our fucking jobs?  Hugabear   Aug-29-10 03:38 PM   #66 
  - That Poster Does Not Want A Cogent Answer  Binka   Sep-01-10 07:47 PM   #74 
  - No, I don't know what you mean  minavasht   Sep-01-10 09:06 PM   #82 
  - 47% of the  minavasht   Sep-01-10 09:04 PM   #81 
  - Actually, it's simple...  Wounded Bear   Aug-30-10 12:43 PM   #69 
  - Cancel "free" trade agreements- Impose Tariffs  Count Olaf   Sep-01-10 08:03 PM   #78 
  - It's so funny people thinking there was no economic success with taxing  newspeak   Sep-02-10 11:03 AM   #90 
  - no one takes home more than a million?  HughBeaumont   Sep-02-10 11:09 AM   #91 
  - In India, China or any other third world country that we are not blowing up  Chisox08   Aug-29-10 02:14 AM   #63 
  - K&R Been saying that for years now.  closeupready   Aug-30-10 12:35 PM   #68 
  - the popular thing i hear is that...  clu   Aug-30-10 12:45 PM   #70 
  - what you got is so-called american companies--they are actually global now  newspeak   Sep-02-10 10:50 AM   #88 
  - tax the rich, not entrepreneurs  taupe   Sep-01-10 06:24 PM   #71 
  - "About 70% of those earning more than $250,000 year are small-business owners."  Sparkly   Sep-01-10 07:18 PM   #72 
  - 98% of all small business owners make less than $250,000 a year.  Elwood P Dowd   Sep-01-10 07:49 PM   #76 
     - Yes, that's what I understand.  Sparkly   Sep-01-10 08:36 PM   #80 
     - I agree with you that  taupe   Sep-02-10 12:55 AM   #83 
        - So you don't have a source for the 70% figure?  Sparkly   Sep-02-10 09:54 AM   #84 
        - How does taxing small business help consumers?  taupe   Sep-02-10 11:44 AM   #92 
        - what I stated above  newspeak   Sep-02-10 10:58 AM   #89 
           - I agree. Those are all very good ideas  taupe   Sep-02-10 11:46 AM   #93 
  - No Not Helpful. n/t  Binka   Sep-01-10 07:48 PM   #75 
  - Face it-they are pissing on us all as they laugh all the way to the bank.  earth mom   Sep-01-10 07:52 PM   #77 
  - More things to tell the wingnuts  Lydia Leftcoast   Sep-01-10 08:07 PM   #79 
  - So where are the signs with this on it at local events for candidates???  Skidmore   Sep-02-10 10:11 AM   #85 
  - Around here some of the local RW  Gecko6400   Sep-02-10 10:28 AM   #86 
  - I find it interesting how some wish to defend Reagan's "trickle on" economic disaster  newspeak   Sep-02-10 10:38 AM   #87 

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