Showing posts with label middle class. Show all posts
Showing posts with label middle class. Show all posts

Monday, October 3, 2016

We'd all like to pay less taxes, but ...

 Image result for income inequality

... all tax policies are not equal. Clearly, there are special tax provisions for the wealthy. If you can figure out how to lose millions, you can avoid paying millions in taxes. Certainly, no one is going to voluntarily pay extra taxes. I get that.

However, if you are wealthy and claim to be for the average middle/lower class worker and if you find tax policies that create income inequalities, should you not expose such inequalities in the tax codes?

I would think that a person running for high office would, using their own experience, expose the tax policies that favor wealth, at the expense of us all, and put forward a platform that shows how such codes should be revised. But, if such a person tries to hide, gloss over, or even deny that they played the system, then it is easy to question their ethics and pro-small guy statements as being cow dung.

Wednesday, November 5, 2014

Disastrous not just for Democrats



Yup, democrats got whipped big time on November 4th. But they will not be the only ones to suffer. With the republicans running the show, look for new trade deals in Europe and the Asia. Sounds good? Well, have free trade deals ever increased jobs at home? No. Just as the American economy is thinking about turning around, more jobs will be sent to foreign shores. Further, most of the "free" trade deals on the table allow corporations to override local business rules and environmental regulations. Look for Wall Street to make more money and for workers to lose more jobs.

Higher wages for American workers? Yeah, right. We know where the GOP stands on raising the minimum wage.

Better jobs and higher wages for women? Umm, no.

Protection and proper response to changing climate? Not a chance. Regardless of the causes of climate change, reliance on fossil fuels , strip mining, record CO2 emissions, poisoning water supplies with fracking chemicals, massive oil spills, deforestation, arctic drilling, over fishing, acid oceans from pollution, etc., are definitely not a good thing for us or the environment. The GOP and its big money supporters have, recently, done nothing to solve these problems and are often the cause of them.

Banking reform and regulations that help Main Street and small business? Well, we know what's happening there: nothing but rules that benefit big corporations.

Peaceful approaches in foreign affairs? Isn't it the GOP that asks for more definitive military action in the Middle East?

This is not a very good time for the nation to shift to the political right. Yup, you can smoke dope in several new places but in the total scheme of things, will that really matter?

Yes, the election of 2014 was indeed disastrous.

Thursday, October 27, 2011

WHO PAYS

While there is some touting about the EU financial plan agreement, the question is: WHO PAYS! All well and good to promise trillions of dollars, but unless they plan on just printing the money, who will pay for the losses and who will re-capitalize the banks? Beware government bailouts as they fall on the backs of you, me, and working people everywhere!

Tuesday, October 5, 2010

THE ECONOMICS OF SCREW ME ONCE, SHAME ON YOU...

Screw me twice, shame on me. There can be little doubt those that control and dominate the American and world economy have had it pretty easy. Any time they get into trouble they simply cry 'too big to fail'and their puppet politicians simply take money from what was once a middle class and bail them out. The most recent being around $800 billion. And, while these 'too big to fail' companies make usurious profits and pay absurd bonuses for failure, they create no new jobs under the protection of the 'consumers aren't buying' mantra. Could it be because they have all of our money? But there has been so much said and written on this topic it is not worth repeating the list of corporate atrocities committed upon the consumers of the world. The bail out was the first, or rather the most recent and obvious, screwing. Shame on them.

These same corporate entities are now trying to screw us again, and if they are successful, shame on us. Hopefully, you all know that mid-term Congressional elections are coming up in November. The current mantra of these forces tends, on the surface, to sound appealing. Sound bites "cut the size of government, reduce government spending, keep tax cuts, fire the teachers, we can't afford to address climate change, reduce regulations, etc.," does have some appeal in a troubled economy. But what is really behind these corporate funded attacks? Of course they want the size of government reduced. If there a fewer food inspectors, environmental regulators, health and safety employees, they get more free rein to do as they please. Reducing government spending allows them to make more profit as they will be taxed less. Keep tax cuts helps the rich to stay rich. The poor don't pay many taxes anyway so it's not like tax breaks are very useful for the increasing numbers of people falling into poverty. They are not there because of taxes but because they have lost their jobs and banks are taking their homes.

Did you notice that just when people began to take climate change seriously that we had an economic crisis? How many times do we have to listen to the idea that increasing mpg will raise the price of cars and no one could afford them? Hell, we can't afford the cars they are making now. But we know that the technology exists for non-polluting/high mpg cars. But that means less money for the oil cartels. Spending money of safe and environmentally oil exploration would decrease the corporate bottom line. Corporations claim that such regulations cost jobs and raise the cost of energy so we can;t do that. How many people want to listen to 'save the environment' when they have a hard time putting food on the table?

Reducing the size of government, firing teachers to save money and massive public employee layoffs will not help the economy. If no jobs are being created, where will these people work? If we go on a benefit cutting spree, then how would all of these people live? Is there room for reform and efficiency improvement? Of course, but a wanton and reckless loss of government jobs will do nothing to help the economy. Although, it will allow the banks to take more homes away. Clearly, right-winged financed political campaigns against everything means that they are for themselves, not for us. Look at the resistance to the extension of unemployment benefits; efforts to take away Social Security benefits; the lack of interest in feeding hungry people; the unwillingness to help us get affordable health care and the basic disdain to human suffering and ask how these actions could benefit you.

There is no question that we need improved efficiencies and abuse of programs needs to end. But the demonetization of government workers, the poor, the middle class and efforts to create a sustainable and peaceful world serves only the interests of those that have a lot and not the interests of the majority of people. If you buy into the corporate financed propaganda, shame on you!