Billy000
Democratic Socialist
- Nov 10, 2011
- 32,087
- 12,836
- Thread starter
- #21
How would they fix our economic woes?
How would they fix the following issues:
1) The massive wealth inequality. 1% of the top earners own 40% of the nation's wealth. Economists say this issue will only lead to more economic crises because of our consumer based economy.
2) How will they fix the problem of the significant increase of low wage jobs and the significant decrease of mid to high wage jobs since the 2008 crisis?
3) 95% of income gains going to the top 5% of earners. How will republicans bring higher wages to the rest of us?
4) 15% of the nation's population lives in poverty. How will they fix the issue of poverty.
Let me take a wild guess: MORE tax cuts for the wealthy?Guess what? That won't do shit. Corporate profits are at an all time already. In fact more tax cuts would only add to our national debt. Deregulation? That won't do shit either. In reality regulations have a very minor effect on job growth.
What else is there? Tell me. How will republicans fix everything? How will they continue the consistent job growth since 2009? What specific POLICIES, not rhetoric, will improve our nation's woes?
1. It is not government's job to take from one to give to another. It is not to equalize outcome
2. Again.. this is not the job of government. What they could to is make it more enticing for business to have it's higher tech and higher productivity jobs here. The tax we have on business does not promote that environment and what you get left with is low paying service jobs.
3. Government does not bring wages except to government employees. But again, see above
4. Stop subsidizing poverty. Make the tax code more business friendly to entice business to do more here, that is worthwhile instead of just serving food while products are made overseas and shipped in for consumption.
You are a very confused person if you think taking more and more from producers is going to fix something... especially creating jobs, or having those jobs for people to escalate their careers into
You want a specific policy... stop enormous government spending to reduce the country's tax burden and borrowing. Make taxes on business less than what they get in other countries that they are flocking to for tech work and manufacturing. Stop making handouts pay like a minimum to low wage job.
And oh.. regulations have a HUGE impact on business, business growth, and business productivity.. and that is where job growth comes from, not from big nanny government... where you get this MYTH that they do not is beyond anyone with any experience at all in business
Does government regulation really kill jobs? Economists say overall effect minimal. - The Washington Post
The official corporate tax rate is 35% but in reality because of loop holes corporations only pay 13% in taxes.
Our biggest government expenses have been tax cuts and defense spending. I'm all for cutting down on defense spending but obviously republicans won't touch that.
Very few people of that 15% in poverty are even on welfare.