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GOP taking from the poor to give to the rich

by: Carnacki

Tue Apr 12, 2011 at 15:38:25 PM EDT


The Republican plan put forth by Rep. Paul Ryan, the Republican chairman of the House Budget Committee, would increase taxes on the middle class and the poor while increasing tax cuts for the rich and increasing the deficit.

It is Robin Hood in reverse.

Did the Bush tax cuts create any jobs? No.

Did the deregulation of the financial industry create any jobs? No.

Did both help crash the economy? Yes.

We are being manipulated to give government handouts to the very same big banks and corporate scam artists that crashed our economy in the first place. We are told that what is good for big business is good for America. But these so-called "job creators" are only creating jobs for yacht manufacturers and maids. Check the math. The profits of our nation's (and the world's) largest corporations are rising, as are the salaries and bonuses paid to executives. Are they creating jobs? No.

Well, that's not exactly true. I think Wal-Mart is hiring if you're willing to work for $7.78 an hour.

Yet big corporations and their lobbyists have been manipulating our government -- both Republicans and Democrats -- to grease the wheels for big business while putting up more and more obstacles for working families, small business owners and homeowners. Yes, working families' taxes are too high and yes, small business owners struggle under too much bureaucracy. But not big business and the super-rich. No, our government is designed to their advantage.

The rich are getting richer and the rest of us are getting poor and that is not by accident.

While profits are skyrocketing on Wall Street and among CEOs laying off workers, the Republicans are doing all they can to stop economic recovery programs that create jobs. They are again putting their political interests ahead of the American people.

Carnacki :: GOP taking from the poor to give to the rich
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All 100% right (4.00 / 1)
And it appears President Obama - "Change You Can Believe In" - will give a speech tomorrow boasting about cutting the programs that are at the core of the progressive Democratic agenda - Social Security, Medicare and Medicaid.  When I sat in the stadium in Denver as he accepted the nomination I would never have believed it.

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