KlatooBNikto
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Thu Oct-21-04 10:53 AM
Original message |
Bush is waging an economic war against all Americans. His loyalty |
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is to his corporate maasters and his Saudi oil financiers.All his talk about tax cuts increasing investments is for nothing because those investments are not going to create any jobs here.They are not merely going to create jobs in China and India, the corporate txes are also going to stay overseas.
We are screwed coming and going.
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salinen
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Thu Oct-21-04 10:57 AM
Response to Original message |
1. Tax cuts to the middle and lower classes |
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does not lead to outsourcing.
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KlatooBNikto
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Thu Oct-21-04 11:15 AM
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2. The middle and lower classes do not have any say on outsourcing anayway, |
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tax cuts or no tax cuts.I think the outsourcing problems started when the corporate mismanagement and greed during the fat days in the 1990s stripped corporate equity and piled up a great deal of debt on the balance sheets.Because debt service became a big percentage of their operating costs most corporations were fighting to maintain profits.Outsourcing was a nice way out to hide their mismanagement.Now they could not merely restore their profitability but get to blame their workers too.Straight out of the Republican playbook.
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Thu Apr 18th 2024, 12:57 AM
Response to Original message |