Showdowns and Shutdowns: Madison To DC

Discussion in 'Politics' started by georgephillip, Feb 21, 2011.

  1. georgephillip
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    georgephillip Gold Member Supporting Member

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    While few of us doubt that government budgets are in deep trouble, there's a huge and growing divide over why.

    Are these deficits the result of excessive spending by local, state and federal governments, or do they result from the plummeting revenues over the last two years of our Great Recession.

    Robert Reich:

    "They’re (public budgets) also in trouble because of tax giveaways to the rich.

    "Before Wisconsin’s budget went bust, Governor Walker signed $117 million in corporate tax breaks. Wisconsin’s immediate budge shortfall is $137 million.

    "That’s his pretext for socking it to Wisconsin’s public unions.

    "Nationally, you remember, Republicans demanded and received an extension of the Bush tax cuts for the rich. They’ve made it clear they’re intent on extending them for the next ten years, at a cost of $900 billion.

    "They’ve also led the way on cutting the estate tax, and on protecting Wall Street private equity and hedge-fund managers whose earnings are taxed at the capital gains rate of 15 percent.

    "And the last thing they’d tolerate is an increase in the top marginal tax rate on the super-rich."

    Reich thinks electing Democrats changes the class war dynamic.

    It doesn't.
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Guess it don't take a whole lot of education to milk cows an' make cheese...
    :lol:
    Two-Thirds of Wisconsin Public-School 8th Graders Can’t Read Proficiently—Despite Highest Per Pupil Spending in Midwest
    Tuesday, February 22, 2011 - Two-thirds of the eighth graders in Wisconsin public schools cannot read proficiently according to the U.S. Department of Education, despite the fact that Wisconsin spends more per pupil in its public schools than any other state in the Midwest.
     
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  3. Oddball
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    Oddball BANNED Supporting Member

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    [​IMG]

    It's all the fault of tax cuts for the rich...It's all the fault of tax cuts for the rich...It's all the fault of tax cuts for the rich...It's all the fault of tax cuts for the rich...

    RAAAAAAAK!


    [​IMG]
     
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  4. washamericom
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    washamericom Gold Member

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    finally a song i can play. we should drive the corporations and rich people out of america. death to gaddafi !!
     
  5. iamwhatiseem
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    iamwhatiseem Gold Member

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    Halliburton did this.
     
  6. WillowTree
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    WillowTree Diamond Member

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    demonRats have two solutions,, Tax the Rich Tax the corporations, they are not thinkers outside the boxers..
     
  7. whitehall
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    whitehall Gold Member

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    Even a short little fool like Reich should realize that corporations aren't hiring and they aren't expanding or investing their capital because they are intimidated by the socialist agenda and anti-corporate mentality of the government. Does any sane person think all money belongs to the government and they only let us keep it for a little while? That's what you are saying when you use words like "tax giveaways". Obama thought the Chamber of Commerce was a sinister political force. That's how out of touch he is. Why do you think Obama hired a communist and former leader of a looting and arson rampage to be on the "green jobs" board? There are no green jobs. Obama wanted a revolutionary as part of the administration. Thank God Republicans gained the majority in Congress or we would be on the way to the 3rd world with fools like Reich driving the train.
     
  8. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    It's really hard to argue such a solid collection of facts such as this.:lol:
     
  9. Oddball
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    Oddball BANNED Supporting Member

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    It's all the fault of George BOOOOOOSH!...and and tax cuts for the rich!....and and Florida 2000!...and and Diebold!...and and Karl Rove!...and and Halliburton!......and and the grassy knoll!... and and Rupert Murdoch!...and and Fox News!... and and Dick Cheney running the Shadow Gubmint from the basement of Wal Mart!
     
    Last edited: Feb 22, 2011
  10. georgephillip
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    georgephillip Gold Member Supporting Member

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    Is that Charles or David beneath the goofy hat?

    What part of $8 trillion housing bubble don't you cons get?

    The part about who lost their jobs and houses?
     

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