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Government Hands More Than $1 Trillion to Wealthy While Deficit Is $642 Billion
http://truth-out.org/news/item/18883-government-hands-more-than-1-trillion-to-wealthy-while-deficit-is-642-billionInstead of focusing on jobs, Congress and the White House obsess on how to cut the budget - the things We the People do to make our lives and economy better. While the sequester has already cost 900,000 jobs 1.6 million thru 2014 Republicans are threatening to shut down the government and force the country to default on its debt as leverage to force even more cuts.
Republican Speaker of the House John Boehner has repeatedly said the country is broke. For example, Were broke, broke going on bankrupt, Boehner said Feb. 28, 2011. Here he is saying it on Dec. 11, 2012, Lets be honest. Were broke.
But a report out today from the National Priorities Project (NPP) shows that the country is handing more than $1 trillion to the already-wealthy.
Thats right, the government is cutting services and laying off hundreds upon hundreds of thousands in the name of cutting deficits, while handing more than $1 trillion a year to the wealthiest. The rest of us pay taxes and suffer cuts in jobs and services to make up this lost money.
The reason is that there is a massively-funded PR campaign underway to convince people of these things. Fix The Debt, for example, has pumped at least $60 million into a PR campaign to convince people that we have a deficit emergency and must therefore cut back on the things government does. Wall Street billionaire Pete Peterson has pledged $1 billion toward the same end. These are just two sources of the massively-funded campaign to convince people that the government should be cut back, instead of hiring people to fix the infrastructure, instead of having universal health care, etc.
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Government Hands More Than $1 Trillion to Wealthy While Deficit Is $642 Billion (Original Post)
sinkingfeeling
Sep 2013
OP
grilled onions
(1,957 posts)1. More To Those Who Don't Need It....
and less to those who do. Why fix a bridge that many use when you can spruce up a decorative bridge on private property with tax dollars? Why help feed the hungry when you can have a costly canape hour at tax payers expense? Why give medical care to those who need it the most when you can allow the CEO's to gouge its' workers to pay for their own,lose more hours and,if possible, pay them even less an hour?
BlueToTheBone
(3,747 posts)2. Couple this with the removal of the no propaganda
law, we are hosed.
blkmusclmachine
(16,149 posts)3. The 1% is FOR the 1%, for Pete's sake.
DC is a racket.
indepat
(20,899 posts)4. Handing out more than $1 trillion a year to the wealthiest while squeezing all else other than the
MIC is what corporatist government does rather than providing for the general welfare. This is such a simple concept that even a blind man can see, a deaf mute can articulate, an idiot can comprehend.