Sunday, June 5, 2011
Walkerville
The letter writer said that the walkerville residents should change the name to Obamaville, or Unionville because it is their policies that have allowed them to be unemployed and have time to protest. Really! What misguided nonsense. Who drove the economy into the ditch. George Bush and a Republican Congress. They pursued a policy of tax cuts and deregulation of business and what did we get out of the deal. The top 2% got all of the money and left a banking, housing, and manufacturing sector in shambles. The answer from Scott Walker and the Republicans nationwide is that we need to do more of the same. We just didn't deregulate enough or cut taxes enough. I think that with the 10 years of tax cuts we should be in the biggest boom economy ever, but we are not. Why is that? It is really pretty simple, we could make the taxes on everyone zero and it wouldn't help the economy out at all because there is simply no demand. Revenues to Governments are down because we have cut taxes and the economy has not recovered. So, here Scott Walker is right we must cut back on expenses. But his cuts are to education, health care, taxes, and the environment in exchange for the exact kind of jobs that he and other Republicans have criticized the President for creating or funding as being unsustainable. Unfortunately we live in an economy that is predicated on spending money and right now only 2% of the population has the kind of money available to spend and they can't possibly spend enough to support the other 98% nor do they need to. This leaves the spender of last resort the US Government. The plan to fund infrastructure will create jobs and those people will spend money. The plan to build a 21st century transportation system will create jobs and allow for a more mobile workforce in the future. Right now we are funding these kinds of projects in Iraq and Afghanistan which doesn't create jobs here. In fact I just saw that Iraq is building renewable energy systems. We can't fund that here, instead we give tax breaks to companies who are making billions of dollars if they will drill holes in the ground. If we are going to change the name of Walkerville it should be to Republicanville.
Labels:
corporate taxes,
expenses,
jobs,
obamaville,
regulation,
republicanville,
walkerville
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