Post by midcan5 on Sept 8, 2011 20:06:56 GMT -5
We often hear the rich create jobs, I never understood how or why, as the rich people I know are pretty content with being rich. Even those who have businesses are only interested in profit and jobs often take away from profit. Why else would so much work go to third world nations. But Americans like cheap and so the jobs go. An honest piece below, rare in this environment.
'Goodbye to All That: Reflections of a GOP Operative Who Left the Cult'
"...The GOP cares solely and exclusively about its rich contributors. The party has built a whole catechism on the protection and further enrichment of America's plutocracy. Their caterwauling about deficit and debt is so much eyewash to con the public. Whatever else President Obama has accomplished (and many of his purported accomplishments are highly suspect), his $4-trillion deficit reduction package did perform the useful service of smoking out Republican hypocrisy. The GOP refused, because it could not abide so much as a one-tenth of one percent increase on the tax rates of the Walton family or the Koch brothers, much less a repeal of the carried interest rule that permits billionaire hedge fund managers to pay income tax at a lower effective rate than cops or nurses. Republicans finally settled on a deal that had far less deficit reduction - and even less spending reduction! - than Obama's offer, because of their iron resolution to protect at all costs our society's overclass."
www.truth-out.org/goodbye-all-reflections-gop-operative-who-left-cult/1314907779
'Goodbye to All That: Reflections of a GOP Operative Who Left the Cult'
"...The GOP cares solely and exclusively about its rich contributors. The party has built a whole catechism on the protection and further enrichment of America's plutocracy. Their caterwauling about deficit and debt is so much eyewash to con the public. Whatever else President Obama has accomplished (and many of his purported accomplishments are highly suspect), his $4-trillion deficit reduction package did perform the useful service of smoking out Republican hypocrisy. The GOP refused, because it could not abide so much as a one-tenth of one percent increase on the tax rates of the Walton family or the Koch brothers, much less a repeal of the carried interest rule that permits billionaire hedge fund managers to pay income tax at a lower effective rate than cops or nurses. Republicans finally settled on a deal that had far less deficit reduction - and even less spending reduction! - than Obama's offer, because of their iron resolution to protect at all costs our society's overclass."
www.truth-out.org/goodbye-all-reflections-gop-operative-who-left-cult/1314907779