London riots a harbinger for future GOP led austerity inequities?

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Saturday August 20, 2011 · 4:25 AM PDT

2011/08/20 · 04:25

After the riots in London and other cities in Great Britain last week, the true cause for the extent of the violence and mayhem must still be determined, though many community leaders in the affected areas are citing social and economic inequities as the chief cause of its almost viral spread. Yet the United States is on the verge of enacting similar strict austerity measures which, if the Republican Party has its way, will dwarf similar measures undertaken by other countries such as Great Britain and France, and may lead to the same frustration here that many in England have experienced.

regellner

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Wednesday August 17, 2011 · 10:26 AM PDT

2011/08/17 · 10:26

On Monday, newly “ordained” Republican presidential candidate Rick Perry hit the stage preaching the GOP “gospel of the tax cut” and the evils of government regulation.

He came out on the campaign trail swinging, using age-old GOP talking points: government regulation and taxes inhibit the ability for corporations to fulfill their role as ‘job creators’ and companies will hire extra workers if they have more resources available.

This argument falls flat both on the basics of business management as well as on the reality of the present state of the economy.

regellner

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Monday August 01, 2011 · 3:08 PM PDT

2011/08/01 · 15:08

In deficit reduction talks over the past several weeks Congress and the President have been debating spending cuts and tax hikes. However these two deficit “bandages” merely echo the symptoms of a weak economy; they do not address the root cause of the deficit and debt. The true requirement to bring about deficit reduction and debt reduction as well as the only way to create substantial job growth is to initiate strong and sustained growth in the nation’s GDP.

The Gross Domestic Product drives the deficit and in turn the debt. Period...

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London riots a harbinger for future GOP led austerity inequities?

Rick Perry supports flawed and failed GOP economic policy

GDP growth is critical for deficit reduction, requires spending and taxes