Harry Reid continues to propose measures that will sink America deeper into the hole and accelerate the trend of making ordinary people MUCH poorer.
http://www.huffingtonpost.com/2013/01/29/harry-reid-sequester_n_2575777.html
It is VERY easy to cut over $1tn of annual Corporate Welfare.
Corporate profits are at record levels, so is poverty.
Harry Reid should propose cutting Corporate Welfare and propose measures that will decrease poverty, increase employment and increase disposable incomes of the middle class and the poor.
http://ian56.blogspot.co.uk/2012/11/it-is-very-easy-to-cut-1tn-from-federal.html
I favor the immediate cutting of over $1,000bn of annual Corporate Welfare.
I would use $500bn of that money to increase tax thresh holds by $25000 - or quadrupling them. That would cost a bit less than $500bn a year.
I have other proposals as well - see the last link.
The Federal Reserve is giving another nearly $1tn a year of Corporate Welfare in the shape of more bank bailouts for QE3 and QE4.
It is causing higher food & gas prices and making everybody poorer, except the big banks.
Harry Reid should tell the Federal Reserve to stop doing that.
http://ian56.blogspot.co.uk/2013/01/the-2tn-of-excess-bank-reserves-is.html
The disposable incomes of ordinary people have plummeted in the last 4 years.
The fiscal cliff deal accelerates that trend.
It handed ordinary people a HUGE $200bn a year tax hike, while keeping ALL of the well over $1tn of annual Corporate Welfare.
The terms of the fiscal cliff deal should be COMPLETELY REVERSED.
Harry Reid should do something about that.
http://ian56.blogspot.co.uk/2013/01/fiscal-cliff-deal-obamas-corporate-sell.html
The only way that the economy will ever improve is if disposable incomes of ordinary people are INCREASED.
A summary of the global economy and the way to get America out of the hole it has dug for itself.
The balance between record Corporate Profits and record levels of Corporate Welfare need to be addressed in favor of increasing disposable incomes of ordinary people.
http://ian56.blogspot.co.uk/2013/01/a-global-economic-summary-why-paul.html
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment