Trickle Down Trauma: The GOP’s Economic Smothering Of America

[Galraedia]

Most Americans are not economic experts, but on some level nearly every adult in this country understands that at some point cutting spending, the deficit, and taxes is never going to create jobs or boost the economy. Republicans though, have maintained that government spending, the nation’s deficit, and high tax rates for the wealthy are responsible for job losses and the sluggish economy. However, their contentions are fallacious even though they have convinced their base and ignorant racists that President Obama’s jobs bill is “bloated government spending” that, like the first stimulus, will not create one job and unfairly target the wealthy “job creators” who require more tax cuts to begin hiring. This past week, Senate Republicans filibustered one part of the president’s jobs bill that would aid states to avoid laying off teachers, fire fighters, and police officers because it included a tax increase on the so-called job creators; they did not allow it to come up for a vote.

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Very informative.