Another article proving the old tried and true method of "trickle down" economics doesn't work at all. Why are Republicans/ Conservatives so interested in making the rich richer, when it is now shown in easy to read chart form that none of it gets rained back down on any of us? How is that good for America? Do you notice the timeline as far as Eisenhower when there was a 90% tax rate and we actually had a working sustainable middle class? I don't understand wanting to make the rich richer when it does absolutely nothing for the rest of us. They aren't even peeing the trickle down jobs on our heads anymore... much less giving us a fair shake for expecting more with less workers in the system. They call it productivity boost... the workers call it Golf Cleats on my back to get everything done while rich dude plays golf again today. Yes, I agree, he should get a Lion share for creating a business... but shouldn't those who actually make the business run get a cut too? I have met many a CEO, and worked closely with several in my past. Not once did they know how to do my job, or even understand what I did beside provide a service and learn what they wanted as fast as I possibly could. Did it get me more than 3% a year even with stellar reviews? NOPE!!! Excuses: "We are not in good fiscal shape to give out those type of raises", "we are afraid of the economy and this is shaky profit right now..." on and on BS plain and simple. However, CEO pay has increased by 430%. Can you say ridiculous? So how many millionaires do you know? I don't mean the old dude who stinks at the end of cube row, you know the guy, he checks his stocks all day to see how much he made or lost hoping for retirement soon, and he is now hovering around a million... No, I mean how many actual GET PAID A MILLION A YEAR people do you know? Do you really think they care about you? Are they investing on jobs for this nation? The numbers say no... Why were all of you against the tax increase on the rich, you blame Obama, but when the idea every economist says will work came out (INCREASING TAXES ON THE RICH), you guys cried like the government was taking food out of your children's mouths? That's right, you thought it would create jobs to let the rich get richer, but it hasn't in 2 decades, why would it start now?
I guess my last question to all you smart Conservatives who continue to vote against your own interests and families:
Who is prettier? Palin or Bachman.
Who is crazier? Palin or Bachman.
Will you ever start voting for YOUR OWN INTERESTS? EVER?
quote: "So how many millionaires do you know? I don't meant the old dude who stinks at the end of cube row, you know the guy, he checks his stocks all day to see how much he made or lost hoping for retirement soon, and he is now hovering around a million..."
ReplyDeleteThose of you in blog land know this person. I know you do. We all do. Don't lie. But $1 million to retire on is chump change. And I may add how many of you with parents who recently retired, took a SERIOUS BATH on their precious 401K's? While perhaps still being able to retire, their nest egg dwindled and they aren't buying the boats, the property, paying cash for cars, the luxury items they should have been able to afford. Instead they ate losses on selling homes they lived in for 40+ years and had paid off! They are living month to month cut off at the knees while TARP salvaged big business and continued to pay bonuses for the very few! "Obamacare" has helped them because even their precious Insurance that was once guaranteed paid for from Cadillac pensions can no longer exclude their pre-existing conditions. Don't forget that SENIORS when you are asked to vote again.
The few true Millionaires that I have known honestly do believe in philanthropy. But "giving back" is not the same as taking less AS you climb the ladder so that others can prosper along with you. This is what has been lost in today's corporations. Invest in your people not as a last resort, but while you grow.....