Wednesday, September 30, 2015

Do you believe in magic?

TAX CUTS!! This seems to be the go-to term used by Republicans and it has been for a while. In the USA Today editorial, "Tax cut snake oil: Our view", the author seems to think that reducing taxes on middle America and for the wealthy will lead to bigger deficits and more debt. I tend to agree. The author argues that if you reduce tax revenue and avoid responsible budgeting, it forces the government to cut from "big-ticket spending programs", like Defense and Social Security. The Tax Foundation has found that Donald Trumps tax plan will "...increase the deficit by more than $10 trillion over 10 years." This has happened before in Kansas and Louisiana. Massive tax cuts in these states have brought down the national job growth averages, and the lost revenue has destroyed the budget, forcing cuts in education and other important programs. As usual, Republicans ignoring cold hard facts. Trickle down economics doesn't work and any economist worth anything will tell you the same. Just because billionaires make more from lower taxes doesn't mean they will magically start hiring people and create this elusive "growth" that everyone seems to be looking for. Ronald Reagan did it in '81 and George Bush did it in '01, and guess what. The rich got richer and the poor got poorer. 

Friday, September 18, 2015

Joe Biden may not run, but doners would love him to.

The Huffington Post said today that Democratic Party fundraisers have sent a letter encouraging the hesitant Vice President to make a 2016 run for the presidency. Although doners urge him to run, he doesn't seem to indicate that he interested at all. The letter stated that the Obama/Biden presidency was a "spectacular success", which seems to be a real stretch of the word "spectacular", and with over 50 doner signatures you can really see the enthusiasm. It makes me wonder what they want out of his presidency? Why wouldn't they be as enthusiastic for Bernie Sanders who IS running and is surging in the polls ahead of Hillary Clinton in Iowa and New Hampshire. Maybe it's because he is not taking corporate hand outs and won't do their bidding, but that is a story for another time.

All in all, I like Joe Biden. He seems honest. He would be, by far, the most qualified candidate. He is 75 which would make him the oldest president and he has dealt with a lot in his life. I just feel like it would be a lot of the same, make the rich richer and continue deleting the middle class. That I can't abide.