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Showing posts with the label Rebpublicans Cling to Failed Ideas

Republicans STILL in the DARK AGES

The Senate Republicans are opposed to the Obama Stimulus package. The Republican Leadership still insists that Tax Cuts are the way to go. Exactly what don't the Republicans get? Republican Tax Cuts were enacted by the Republicans during the Regan and Bush Years, it was a total failure. Tax Cuts for the wealthy help the wealthy, not the Nation or the National Economy. Tax cuts are only productive in an Economy that is overburdened with taxes. As a whole Americans are not overburdened with Federal Taxes, what they are overburdened with are Local Property Taxes and State Sales Taxes, neither of which are on the Republican Agenda. The Republican Agenda still relies on the fallacy of trickle-down economics, the economics that George H.W. Bush called "voodoo economics" when he ran against Ronald Reagan for the Presidency in 1980. Tax cuts will not restart an Economy that has been pilfered by the wealthy bankers and the financial schemers who were let run wild by the other fa...