How To Fix Our Ecoomy

There is much gnashing of teeth today as we realize that following Herbert Hoover policie for the past few years (giving even more money to the wealthiest and scraps to the rest) has not turned the economy around: indeed, we seem to be taking another turn for the worse. Real unemployment (as measured prior to Clinton's re-jiggering) continues to be stuck at almost 20%, and we lost many jobs last month after accounting for population growth.



20% FUCKING PERCENT!!!

So what do we need to turn this sucker around? We need money in the hands of working Americans. The data clearly show that if you give a dollar to a rich person it just goes into the bank: indeed, the wealthy and corporations are sitting on unprecedented piles of cash already, when we give them more money they just make those piles bigger.

Give a dollar to a working person, they spend it on stuff. Food. Clothing. Cars. Appliances. Housing and renovations.

There are multiple ways to get money into the hands of working Americans:

1. We can cut their taxes. Do you know that the median American pays twice as much in taxes (as a percentage of income) as they did during the economic boom years of the 1950s and 1960s? (The wealthiest Americans pay two-thirds less than they did back then). Of course, we should also restore taxes on the wealthiest to historical levels, so as to keep funding government.

2. We can have a middle class bailout, a jobs program like FDR got started. If it's anywhere near the size of the bailout that the bankers got (trillions of dollars in gifts and loans, with no important strings attached), then we would be in much better shape. In FDR's first four years as President, unemployment halved and GDP increased 8% per year.

3. We can forgive debt, or lower usurious interest rates that many pay on credit card and other debt.

That's it. that's what we need to do.

Now we hear, from both parties, that we need to cut government spending. This will mostly cut spending on working Americans, which will fuck the economy up worse. The cuts have already started, and we see that the result is the economy heading down for another dip. Al while the almighty savior, the poster child for hope and change,  CONTINUES the failed policies that got us into this mess. This is madness. W.bama has done NOTHING - not a mother fucking thing - to turn the American economy around.

Yet his moronic supporters make any excuse they can to avoid facing the reality that their mesiah is nothing but a Trojan horse with a huge hairy Bush.


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