Another Compelling Statement of Economic Truth

One of the biggest outright lies politicians have ever told their people was told by Republicans under the Reagan Administration in the 1980s, that cutting taxes would enable the rich to invest more and result in a stronger and more active economy. But that is not realistic. Ironically, conservatives want to cut welfare programs because poor people getting money from the government is supposed to make them lazy……so why would allowing the rich to keep more money due to lower taxation make them invest more? The opposite should be expected, because the whole point of investing is to make more money and they don’t need to so much if their taxes are lessened! And despite those repeated tax cuts, we keep having recessions repeatedly too.
Just as a poor person working even while getting welfare would be considered GREED, so would the rich investing more after getting a tax cut! And we should condemn both.

Trickle down lie

 

My political beliefs

I would like right wing conservatives to read the following. It explains my beliefs in a nutshell and in an even tempered, logical way.

Let’s break it down, shall we? Because quite frankly, I’m getting a little tired of conservatives lying about what liberalism is or should be. Spoiler alert: Not every Liberal is the same, though the majority of Liberals I know think along roughly these same lines:

1. I believe a country should take care of its weakest members. A country cannot call itself civilized when its children, disabled, sick, and elderly are neglected. Period. No one is disposable, period!

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Two Reasons for Public Ignorance

As I see it, there are two reasons why so many in the general public come across as “low-information”, often appearing to ignore or even deny what seems clear to those who are more knowledgeable.

First, many of us have what I call an ahistorical view. This means that if  you were born in a certain year, like 1969 in my case, anything that happened before that is irrelevant to you and may be ignored. That is why you see so many white people argue, “I had nothing to do with slavery before the Civil War! Don’t blame me for that!” Or, “I did not kill all those Native Americans back then and take their land, it’s not my responsibility for them now!” See this earlier blog entry for an expression of that ignorance by an actual celebrity:

https://dalehusband.com/2015/05/13/john-wayne-great-actor-terrible-human-being/

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This corporate backstabber belongs in PRISON!

Read this outrageous story (emphasis mine):

http://www.rawstory.com/2016/08/epipen-makers-stock-value-plunges-nearly-3-billion-as-investors-panic/

EpiPen maker’s stock value plunges nearly $3 billion as investors panic

Mylan CEO Heather Bresch speaks to Fortune's Most Powerful Women summit in 2015 (Screen capture)