Why does this go forever unchallenged? Truly, what’s the real deal breakdown on these wealthy people who supposedly create all these jobs for us plain folk? I need a job, where’s my wealthy job creator, I need an address.
How many of these nameless wealthy people needing tax breaks inherited their wealth, never worked for it, never actually built a company with employees, just had it transferred to them at the reading? Maybe changed brokers; the end.
How many of these oh so vital job creators don’t even get their income from any kind of tangible business source at all but live, very well thank you, off of stock piled dollars, money making money? Making money off of money in and of itself does not create jobs but it does grow personal wealth. One does not invest in order to create jobs, one invests to net a return, the gain or loss of jobs is irrelevant. Not illegal but not job creation either, and certainly not noble.
Seriously, how many of these so called job creators have sought out and invested in start-ups that do employ people but are both risky and often don’t pay out anything for years if at all? And even when these investments are made, how many are initially calculated as losses to offset tax liabilities?
If republicans are going to constantly refer to wealthy people as the job creators then these wealthy people need to be thrown into a spreadsheet . . . . break it down for us plain folk, slap a pie chart on it, show us the money, where it came from, where it went and who got a god damn job out of it.
And the progressives and the media need to quit letting this job creators propaganda slide by day after day unchallenged, demanding no proof. Where’s the fact checking? The legitimacy of the job creators argument is paramount in the tax/budget debate being shoveled at the electorate.
Footnote:
How many years has Romney benefited from capital gains tax breaks?
When was the last year Romney started a company that created jobs?
Power to the People
No Divine Appointment
30 JunWho are we to decide anything in Iraq/Afghanistan? Why because it’s so easy to trash their chronic dictator style of governance as oppressive and unjust? So what, oppressive and unjust circles the globe. Redrawing territories, ousting leaders, medieval laws, get over it, none of our business. Unless, that is, you slip up and get honest about the oil. We have misdirected trillions of dollars away from our dire domestic needs, infrastructure, economic growth, education, you know the list, and blown it instead on private security for BP, Exxon, Occidental Petroleum, Royal Dutch Shell PLC, Chevron, Halliburton and others. But America is addicted to oil you say, and yes we are. Addiction is bad by anyone’s definition. What do experts say you do to eliminating an addiction, you stop using baby. Even Nancy Reagan gets it “just say no”. It’s not rocket science and not an over simplification. Many consider the US to have the most innovative people on the planet. Some alternative energy systems (solar, wind, hybrids) have already, despite all big oil efforts, been successfully introduced into our market place. Imagine the untapped potential. There’s a staggering amount of money to be made with alternative energy but we’ll have to cut the big boys loose to sink or swim, you know, capitalism style. We must stop subsidizing the big boys with corporate welfare: legal tax evasion, trillion dollar protection rackets overseas; it has destroyed their incentive, made them lazy welfare kings eating bon bons and driving Cadillacs on our dime. They have the option to take a chunk of their massive profits and retrofit their companies to alternative energy production or slip into an earned oblivion. To compete they’d have to actually work, build, invest instead of just brokering. The rest of us are constantly expected to adapt to the ever changing world usually with zero disposal income to retrofit a damn thing. The citizens will transition to alternative energy . . . . we moved from radio to TV, movie rentals to Netfix, rabbit ears to cable, land lines to cell phones, typewriters to computers, desk tops to IPads, 8 cylinders to 4 cylinders, leaded to unleaded. The list is endless. These conversions happen at an ever increasing pace. We hardly blink. We love upgrades. We’ve come to expect them. However, by in large our elected representatives are hopelessly indentured to big oil so cutting the cord will have to come from the citizens; we’re going to have to save ourselves from the ever hungry war/oil twins.
Power To The People
Tags: business, capitalism, Congress, Cowards in Politics, Dodging Taxes, Foreign Policy, Military, Money, Political Fortitude, politics, progressive commentary, Tax Breaks, the economy, War