This is a great article that fully explains the ideas of “Plutocracy” where the wealthy and powerful control the levers of government for their own financial gain and “Austerity” which degrades the economy in a never-ending downward spiral.
It’s about time we understand what Republicans have planned for this country and it’s about time we force the Democrats to push back and defend the regular people and make sure that the sacrifice is shared by everyone. Trickle-down economics is a farce. It’s political propaganda designed to excuse the upward money vacuum.
Cutbacks shrink the economy. And expanding economy provides good jobs with good pay and benefits and fixes budget deficits. We want an expanding economy for We, the People, not tax cuts for the rich and cutbacks on the things government does for We, the People. Tax cuts and austerity provide an opportunity for a few to cash out and take off, but does not provide for the rest of us. – Dave Johnson
March 1, 2011 | Categories: Are you paying attention!?..., Economics | Tags: Austerity, Dave Johnson, Deficit, Deficits, Democratic, Democratic Party, Democrats, Economy, Government, Jobs, Plutocracy, Republican Party (United States), Republicans, Trickle-down economics, United States | Leave a comment