I'm watching MSNBC right now and listening to Pat Buchanan rant on about how tax cuts will save the economy and that government programs will not.
As I watched, I thought to myself, "When will the stoneheads in the GOP wake up and realize that tax cuts will not revive our economy and that consumer debt spending is what got us into this mess?"
Then I realized something. Obama's plans could raise wages and help restore the middle class' saving and buying power, and that is what Buchanan and the cabal of conservatives in Congress do not want.
More after the jump.
It is just unfathomable to me to listen to boneheads like Buchanan say that "building byways and digging holes in the ground won't work."
I wonder what part of "wage driven economy" does Buchanan not understand?
Actually, I think that Buchanan does understand what that would mean and he doesn't want it.
Republicans do not want a wage driven economy in America. That would mean that middle and lower income citizens would actually have saving power as well as buying power, and thus would be able to build economic equity and real sustainable wealth.
That's the key. Equity and wealth, two things that, when in the hands of working people, strike fear into the hearts of conservatives. When the masses are able to have wealth and equity, they have more choices. Choices like starting their own businesses instead of frittering their lives away flipping burgers, cleaning hotel rooms, driving taxi cabs, or any one of a number of subservient jobs that support the lifestyles of America's upper crust.
No wonder Limbaugh wants Obama's plans to fail. I believe him. If America's poor and minorities can get out from under having to scrub his toilets and carry his golf clubs, his life of liesure might just cost him a bit more to maintain. How horrific that would be. Less money to play the speculation markets and spend on imported cigars would be tragic-for Limbaugh that is.
Conservatives just want tax cuts so they can spend the money on themselves and their self-centered lifestyles and say they are doing thier part by letting their riches "trickle down."
Sounds to me like a nice way of saying "Piss on the poor grubby masses" to me. Tax cuts don't work for most of America and conservatives know it.
Forgive me but didn't George Bush preside over one of the largest tax cuts in history? How did that go? Hmm, well we have lost millions of jobs, used our homes like ATM's and spent ourselves right out of our houses and homes. Factories have closed, speculation bubbles have run wild, and our banking system (after 350 billion in giveaways) is still flowing as freely as molasses in January.
The trouble is, I think that Buchanan and other conservatives know damn well that a wage driven economy would take some of the power away from the priveledged and give it to the working masses.
When lower income Americans have buying power then they will have the economic power to jump off the hamster wheel of debt and spending that was engineered by conservatives to trap the poor into a life of servitude.
Conservatives want freedom in America, but they want it only for themselves.
How un-American is that?