…culled from the Comments on Krugman’ NyTimes column http://www.nytimes.com/2013/12/13/opinion/krugman-the-biggest-losers.html?hp&rref=opinion&_r=0.
From RLS- Virginia: “Tax cuts for the wealthy and corporations are the least effective way to create jobs. Stimulus benefit for each dollar spent:
$0.29 – Bush income tax cuts
$0.30 – Corporate tax cut
$0.37 – Dividend and capital gains tax cuts
$1.36 – Aid to states
$1.59 – Infrastructure spending
$1.64 – Unemployment benefits
$1.73 – Food stamps
Bang for Your Stimulus Buck
http://economix.blogs.nytimes.com/2008/10/29/bang-for-your-stimulus-buck/” and also: “Paul Ryan and the GOP are phony deficit hawks. They voted in lockstep for two large Bush tax cut packages benefiting mostly the wealthy and corporations, two unnecessary and costly wars, a Medicare drug program that did not allow for the negotiation of drug prices, and a bailout for the crooks on Wall Street who caused the recession.
All unpaid for!
The budget-busting tax cuts, the wars, and the deregulation of Wall Street which led to the Great Recession continue to drive the deficits in the coming years, NOT so-called entitlements. See the first graph:http://www.cbpp.org/cms/index.cfm?fa=view&id=3490
Deficits would turn deficits into surpluses if we:
– end corporate welfare for the Department of War
– make health care affordable through Medicare for all
– return to a progressive tax code
– eliminate tax loopholes, subsidies and other corporate giveaways
– enact a modest financial transaction tax
– put America back to work by investing in our deteriorating infrastructure, research, education, and a clean energy economy.”
“We, the People stand at a precipice: either we orient ourselves toward that which is good for the whole population of this country, or we hurl ourselves off the cliff in support of a would-be oligarchy.
The choice really is ours”
“We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we can’t have both.”- this from http://www.brandeis.edu/legacyfund/bio.html
“Demand comes from wages. The median wage hasn’t risen since 1972 (the last time we landed on the moon) while GNP has more than doubled. All that wealth has gone to the 1%. That wealth is the out growth of our investment in infrastructure. Meanwhile they shipped 40,000 factories to Communist China.
(Posted From Mr. Broome in Vancouver): The father of Canadian universal medicare was a Baptist minister named Tommy Douglas
He used to tell the story of Mouseland. Mouseland had a parliament and 2 parties, Black Cats and White Cats. The 2 parties battled back and forth for the votes of the mice, making all sorts of promises about how good they could make life for mice, stories of mouse justice & liberty
But when they got the votes of the mice, they would eat the mice. The mice elected White Cats, who promised cheese, but got eaten. Then they elected reformist black cats who promptly kept on eating mice. They tried a coalition of black and white cats. Same result
Then one brave mouse stood up and suggested they elect a Mouse Party. “Socialist!” the Very Serious Mice called her. But some mice thought it worth a try, and they put out some candidates. The cats told the mice they didn’t understand free markets. But eventually the mice won, and the cats stopped eating the mice
The U.S. needs a Mouse Party. The Democrats are a big business, conservative party which needs a shock to its complacency. We need a sort of Tea Party of the left.”-Tim Kane of Mesa, Az.
” The budget is not a win for the people — only for the klpetocrats who control the GOP. Until our Chief Embezzlement Officers do jail time, and until we can rid the Congress of their servants, the poison in the US system will continue to do its work.”- AG, Wilmette
“The caucus that currently rules the Republican party isn’t remotely similar to the conservatives that grudginly acknowledged the damage they’d done that caused The Great Depression. They were lived for 3 decades with 90% marginal tax rates and 5 decades with marginal rates over 70%.
They were conservatives who joined with other Americans in building this nation.
Conservatives who sent kids to public schools they held up as a standard to the world; who built libraries and the nation’s infrastructure.
They rebuilt Europe after WW II.
The Rand Paul, Paul Ryan, Boehner, McConnell, Cantor generation believe the rest of us are taking something that belongs only to them.
They’re not just breaking into the nation’s car, they’re parting it out.”-John F. McBride, Seattle