This chart tells it all.
Lower taxes do not create jobs or promote prosperity for the general population.
I’m distributing the handout below to anyone who will read it. If the Democratic candidates are too polite to tell the voters what’s really going on behing the tea party razzle dazzle, I will.
If you earn less than $250,000 a year and vote
Republican, you are cutting your own throat.
And here’s why:
The Republican Party is the political arm of corporate America.
The Democratic Party is trying to regain some of the security and benefits that middle class Americans enjoyed between 1950 and 1980.
But the Republicans don’t want us to narrow that gap between the rich and the poor because they want ALL the goodies for their corporate friends, military contractors and lobbyists. There are many charts in recent newspapers and online showing how the gap between rich and poor in this country has widened remarkably in the last two decades. In fact, that gap is as great now as back in the Roaring Twenties when a Republican administration “roared” us right into the stock market crash and the Great Depression. Thanks to the Democrats under Franklin Roosevelt, the country recovered and things were pretty good for workers through the 50’s, 60’s and 70’s. Then came “Reaganomics” which even George Bush Sr. called “voodoo economics.” “Trickle down” is the assumption that, if the rich have lots of extra cash, they’ll use it to create jobs. Don’t believe it. One filthy rich CEO recently bought a castle in Germany with some of his extra money. No kidding. (“60 Minutes”)
You can believe the lies and nonsense being thrown in your face 24/7, or you can use the brains God gave you and do some homework.
FACT #1 – Tax cuts for the super rich DO NOT create jobs by themselves. After passing the biggest tax cut in history, the G W Bush administration created about 3 million jobs during eight years, a fraction of the 23 million created under the Clinton administration. The Wall Street Journal (a conservative paper owned by billionaire Rupert Murdoch) did a study of job growth and concluded that Bush had the “worst track record” of all presidents. (Jan. 9, 2009)
FACT # 2: When Congress passed the biggest tax cut in history in 2001, they put a 10 year limit on it because they knew that loss of revenue would wreak havoc on the federal budget. So those tax cuts are scheduled to expire this coming January. Republicans want to continue those tax cuts at the same time they are screaming like crazy about the federal deficit. Democrats want to continue the tax cuts ONLY for those making less than $250,000. That’s where you come in. Your taxes will NOT go up in January if you make less than $250,000 a year. So don’t believe Roy Blunt’s “job killing tax increase” propaganda in his TV ads.
FACT #3: Corporations sitting on piles of cash are NOT creating new jobs or hiring back their laid off employees. (Newsweek, Aug. 2, p. 26) The grim truth is that they are waiting until after the November 2nd election because they don’t want President Obama and the Democrats to get credit for improving the employment numbers. They want Republicans to win seats in Congress because the Republicans will roll back the programs the Democrats have passed that help working and middle class Americans. (The Affordable Health Care Act, consumer protection from out-of-control credit card interest rates, work safety laws, etc.) They not only will roll back these new protections, they also want to “privatize” Social Security and Medicare. Bankers and investment brokers are just itching to get their hands on that money so they can gamble with it for their own profit. JUST SAY NO WAY !!
FACT #4: Don’t believe the “failed stimulus” lie either. Ask the guys working on all the road construction around you where the money came from to pay them. Ask your neighbors who have been able to fix their plumbing and furnace problems because of grants from the stimulus funds. Ask your city and county managers where the money came from for those new street lights, sewage treatment facility and salary for the police officers that were going to be laid off. They are thankful for the income and spend it directly in our communities.
Fact # 5: The so-called grassroots anti-Obama campaign is actually being funded by billionaires who just can’t stand having to treat their employees like human beings and who want to stamp their name on buildings like monuments to themselves. They ship jobs overseas, hide their profits from the IRS by setting up fake offices in other countries, and are killing us by dumping toxic crap in our water. BP is just the symbol of the many companies destroying the environment for profit. Google the Koch brothers (Charles & David,) Americans for Prosperity and the American Legislative Exchange Council. Over the last few decades, a handful of incredibly wealthy people have been funding think tanks that do nothing all day but think up ways to convince you that it’s not the government’s job to make it easier for you to get an education, job training or health care. Read Jane Mayer’s article in the August 30 issue of New Yorker magazine.
To sum: you can let them distract you with nonsense that has nothing to do with helping you support your family. OR you can look behind the smokescreen and refuse to be hypnotized into voting against your own best interest.
America is strong when its middle class is strong. We can rebuild the middle class if we ask candidates which side they are on – Wall Street or Main Street.