Oct 31 2008
Jobs are at stake, maybe yours
As the economic downturn continues it looks like it will get a lot worse soon. If the democrates win as anticipated the job loss situation will get much morse. A tax cut for the middle class will do nothing to stimulate the economy. A tax increase on people making over 250,000 will do nothing for the government. A tax increase on corporations will stimulat job loss as more companies move off shore, cut their reinvestments in their business, and/or lay people off as the economy contracts. The democtatic economic philosopy is greatly flawed. The spread the wealth around mentality is socialism pure and simple. Wake up america you are about to be shafted big time.
2 Responses to “Jobs are at stake, maybe yours”
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I wonder, then, what the philosophy that gives giant tax credits to companies that ship jobs overseas does for Americans? We’ve tried Trickle Down economics for nearly 30 years, and all it’s done is grow the gap between rich and poor. Any actual economist will testify to that, and your failure to realize the truth beyond the talking points seems to be clouding your judgment.
Funny how people call Obama a socialist just as the current president bailed out Wall Street. If that isn’t socialism, I don’t know what is.