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A Reagan Policy Analyst On Tax Cuts For The Wealthy: Will They Work?

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As I mentioned in a post yesterday; I was discussing tax cuts for the rich with a conservative. I don’t know if you would believe this or not, but we didn’t see eye to eye on the issue. The best part was that this is a person that gets up and goes to work for a paycheck to raise his young family, who gave the example of Donald Trump having to buy a used 757, then refurbishing it. I was supposed to feel bad, because if we didn’t give Donald Trump tax breaks he wouldn’t have been able to buy that 757, which would have prevented him from creating the jobs for the people who did the refurbishing.

It’s so easy…I can’t believe I didn’t see this before!!! You just give all of the money to the mega-rich, and…wait for it…it will trickle down to the rest of us by them allowing us to refurbish their jets!!!!! Of course that job will last a week, and then the mega-rich will go back to what they are doing now, and that is buying their own stock because the corporations are doing better than they ever have. How’s that working out for you? I know how it’s working out for me.

This is the kind of shit that really chaps my ass when some half-baked I don’t even know who is vice president I vote Republican because my Grandad loved Ike is this an election year? son of a bitch emails me something about urine testing welfare recipients. That is a close second to Mr. I have 3 teeth, 7 kids, 5 baby-mammas, 4 flannel shirts, no job, and a ’82 see-through Ford Ranger that is being held together by my NRA, These Colors Don’t Run, McCain, Corbit, Toomey, and What Change? stickers guy.

The problem is not the poor people. The issues are not guns or god. If you are not extremely wealthy, you are voting against your own interests if you are voting Republican.

The Republicans ran in 2010 on creating jobs, and all they seem to want to talk about is budget cuts, and abortion laws. They are blocking all of the President’s appointees, which are people who would actually help the average citizen immensely, as well as actually help create jobs. Blocked…all of them.

For some unknown reason all we talk about is the deficit and the debt. Well…I take that back. The reason is not unknown. The reason is that there was just a Republican who spent like a drunken effing sailor for 8 years, while stripping away our liberties for what ever that means to you, and now there is a Democrat, and the GOP gets all budget hawk…and here we go. We did this with Clinton and he actually fixed it. We still had a debt, but no deficit when he left office, but things are not the same now. We are in a severe recession, which is soon to be a full-blown depression. The debt is important, but it is not the end of the world. It is also not even close to our highest priority, or it shouldn’t be. It is an impossible mountain to climb, which is why the Republicans won’t let it go. We need to as citizens, because it is not an appropriate time to cut programs for the elderly and the poor…if you are the kind of god damn swine that thinks there is an appropriate time for that kind of debauchery. Cutting spending and cutting taxes have never, will never get us out of a recession.

WE WILL NOT CUT OUR WAY OUT OF THIS. We have a severe demand shortage in this country. Why? Well, because gas is $4.00/gallon, groceries are expensive as shit, the jobs pay half of what they did $10 years ago, and everybody is scared to spend. Oh…and if you give all of the money to 1% of the population… 1. They don’t spend it 2. IT NEVER TRICKLES DOWN.

30 years. We have been waiting 30 years for the money to trickle down. Well…some have, I am not waiting, because it ain’t effing trickling. It isn’t even going to drip like a 70 year man with a softball the size of a cantaloupe. Again…there will be some trickle, it just will not be the money people have been waiting for, for the last 30 years. It will be a continuous stream of piss, as the uber-rich piss all over the remains of the middle class.

Yes, over 30 years they have got us good. They still have large chunks of the middle class voting for them for a variety of insane reasons, and they are laughing. The New Deal had things looking real good around here for a long time, and it was a bitch to undo, but they are getting there. We are fighting wars all over the world; spending millions per missile, but there are families that can’t buy groceries, or go to the doctor here, and if you do go to the doctor, don’t be too sick, because you will go broke…then die.

We need to rebuild/reinvest in the infrastructure of this country…much like Ike did (remember Ike? Grandad loved him…if face he wanted to be like Ike.) We will need to raise taxes on the rich. It doesn’t make sense to keep cutting spending when we could make up much of the difference by closing loop-holes in the tax code, and raising taxes on capital-gains. If we raise the cap on Social Security, it remains solvent. We can go over health care, and I can tell you that the discussion on health care are so far off base, that is going to take a while to clear up. We need increased revenue, and we need to increase demand to get there. Repealing the Bush tax cuts will help, but we need more people working, making more money, which leads to higher taxes. It also allows them to buy things, which increases revenues from sales taxes. The more the average people in this country can spend the better we do. One billionaire doesn’t but as many cars, groceries, homes, clothes, etc as the 14,285 families who would then have an income of 70,000. Also, employers would be contributing more in payroll taxes, etc. This is all impossible at the rate we are going, and have been for 30 years.

You may find this hard to believe, but I have found myself entangled in a colorful exchange or two in comment sections on blogs, or in forums, etc, and there is always somebody that tells me that Republicans are just trying to do what is best for this country, because they love it too. Yep, they love it just like me. Don’t give me that shit, I am not talking about Americans that vote Republican, I am talking about the GOP in DC, and their supporters that will benefit the the tune of millions of dollars; they might love it, but we don’t love the same things for the same reasons. I love the people, the places, the ideas, the music, the food, the ballparks, etc. I love to spend time with my family and show my boys beautiful things, and sing as loud as I can and other liberal things of the that sort. They love to screw anybody they can to make a buck, and they love this country because it’s all for sale, and if you twist the game you get all of the money. A politician just to pander to multinational corporations, who will give them money for policies that hurt the people and the environment. The multinational corporations then control policy and influence Supreme Court rulings, allowing them to rape and pillage this country for everything it’s worth. There are jobs coming back to America for wages that are less than half of what they left at because it is cheaper for the companies to produce their goods here than in Taiwan, China, Mexico etc. That is what we have become. We don’t love this country for the same reasons. Not even close.

Well, this was just an off the cuff rant at 2:00 AM, after watching a little Larry O on the Tivo, and I figured I would share the clip. Bruce Bartlett doesn’t give me everything, but he was the executive director of the Joint Economic Committee under Ronald Reagan for flip’s sake, and he says the idea of cutting now is nonsensical. That is from a supply side guy, and he says it is a demand issue. I will leave you with that and I also have included a funny picture showing the fiscal conservatives v. the tax and spend liberals for your enjoyment.

Thanks for listening.