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View Diary: Cut My Taxes To Zero and I Still Won't Create a Single Job (Updated with Appreciation) (120 comments)

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  •  "cut taxes" is a euphemism. (5+ / 0-)

    The message it is supposed to convey to large employers is, if your employees vote right and re-elect me, then I'll get you a good deal.
    Of course, Republicans sort of undercut their own message when they were content to let whole industries fail because the workers had elected the wrong people in 2006 and 2008.

    The American electorate has become uppity and has to be put in its place.  So, they engineered another economic recession, but this time it went further than they intended and people aren't being bought off by promises of more things to buy. The fact that households continue to pay down their debt, refuse to buy new houses and opt to become more politically involved tells us that.
    People are tired of trading their human rights for property rights. Owning property turned out to be a scam.

    When Dubya announced his home ownership society, I said at the time that "ownership" is not a ship that will take you anywhere you want to go.  And so it was.  It was a trick to get people more into debt so they'd do what they are told.
    After all, a decade before Greenspan had announced that the equity American families had built up in their homes needed to be "liberated for the market"--i.e. for Wall Street to play with.  And so they did until the whole financial bubble collapsed for the simple reason that you can't squeeze blood out of a turnip. When people's monetary income is reduced, they cannot pay their monetary debts.  That's really simple.

    We organize governments to provide benefits and prevent abuse.

    by hannah on Wed Sep 26, 2012 at 09:21:39 AM PDT

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