19 December 2010
Soak the Poor Republicanism is Back in Vogue
Reposted from Half Empty
I’ve been silent about this looming insanity because I have been waiting for someone in the media to finally get some Republican talking head to finally admit that they are bringing back the old Republican saw of “Soak the Poor.”
Or words to that effect.
But no, the hypocrisy is rampant. Republicans are using the millions of out-of-work Americans to justify not raising taxes on the richest among us because, they say, it is the rich that create jobs. But you know, that is one of their biggest whoppers. Trickledown economics is a theory, like Intelligent Design, that cannot be proven. Cannot be proven because there are no hard facts that cutting taxes on the rich creates jobs.
As a matter of fact, the only thing cutting taxes on the rich is sure to accomplish is to run up an already staggering deficit even higher, something Teabaggers and Republicans have been screaming about at the tops of their lungs for a couple of years now – ever since Bush left office.
But amazingly enough, the one thing that can help our unemployed, extending unemployment, at a much lower cost than shoveling money at the rich, the Republicans are dead set against that.
In effect, the Republican plan, if you could call it a plan, is to soak the poor and the middle class and give it to the rich, running up the deficit even higher.
Msidooh Nibor.
Robin Hoodism in reverse.
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Thanks,
AJ