Saturday, June 9, 2012

& the elephant they rode in on

Oh the repugs allegedly have their knickers in a knot that President Obama made some comment about the private sector doing well with jobs. They were all over this like flies on dung.
"He's out of touch" they bellowed.

Come on! I could barely stand to watch the likes of Eric Cantor, smirking about how bad Obama is to have made such a comment,
because the job situation is so bad.
Here is the party that insisted & enacted the rule that 20 weeks of extended unemployment  be cut off, for those who can't find work.

Are you kidding me?

These smug SOB's  are the ones who brought us the tax cuts for the rich & have fought tooth & nail to keep tax cuts for the rich.  So let's just take a moment to reflect on that one aspect of those who imply they are in touch.

                                                                                    Alan Grayson wrote this overview:

"This week marks 11 years since the Bush tax breaks for the rich were enacted. President George W. Bush signed the Economic Growth and Tax Relief Reconciliation Act on June 7, 2001. 

Bush claimed (as right-wingers always do) that tax breaks for the rich would create jobs in the private sector. Well, they haven't. There were 110 million private sector jobs in America in 2001. There are 110 million private sector jobs in America today. Despite a population increase of more than 25 million, there are no more private sector jobs today than when the Bush tax breaks for the rich became law. 

In the past 11 years, the number of Americans living in poverty has increased from 33 million to 44 million. 
The number of Americans receiving food stamps has risen from 18 million to 46 million. 

But what could we expect? We didn't give tax breaks to the poor; we gave tax breaks to the rich. And for the rich, the past 11 years has been one long party. According to the Paris School of Economics, the top 1% in America saw their share of national income increase by more than 13% from 2001 to 2010. The top 1% saw their share of income increase by 20%. The top 0.01% saw their share of income explode by more than 37%, from 2.4% of all of the income in America to 3.3%. 

The Bush tax breaks for the rich have yielded the most unequal distribution of wealth in American history, more unequal even than that of 1929, just before the Great Depression. 

According to the nonpartisan Congressional Budget Office, since 1979, income for the top 1% has increased by $700,000 a year, while income for the bottom 90% has declined by $900 a year. Between 1992 and 2007, income for the richest 400 Americans increased by 392%, as their taxes dropped by 37%. 

You see where this is going. The end-game of the Bush tax breaks for the rich is the end of the middle class in America. No jobs, no healthcare, no pensions, no home equity, no higher education. The rich get richer, and the poor get poorer. 

The Bush tax breaks are due to expire in a few months. We are at a fork in the road. 

No more tax breaks for the rich. No. No. No. No. "

In summary-- the GOP has done nothing to provide for jobs, and have been short sighted obstructionists, putting the sacrosanct Tax cuts for the rich above all else-- just recently, they voted to double the interest rates for college loans or "offered" to take the money from Health care costs to cover a lower student loan rate. 
Out of touch? Yes the GOP certainly is. 

They think they are offering a viable option - to choose one: Health care funding or reasonable student loan rates-- but certainly not both!

Their idea of jobs (right out of the mouth of Romney himself).... is natural resource extraction/extinction. 

Yes they would Frack, Clear Cut & Strip mine & Drill baby drill offshore oil wells,  all they can allow.... and it is not  "creating jobs" they care about, it's some fat cat making a buck. 

F@#k them & the elephant they rode in on!


D.K. Raed said...

love your images ... flies, crocs, clowns, grinches, and the hidden (but f*cked) elephant!

GOP should understand the "private sector is doing well" Obama comment since it reflects econ measures they usually value ... 100% rise in stock market in 4-yrs, bush era tax cuts maintained, and much gov't program cutting, esp public emp'ee cuts. If this was a recovery led by them, they'd be crowing and humping the data, assuring voters that jobs are surely just a few steps behind (certainly within the next 4-yrs, eh?). But of course it isn't their recovery ... they did everything to stop and slow it down to the smallest trickle possible ... so they must hump the data their own way, ie, can you believe how out of touch Obama is that he would think the private sector is doing well?

Anonymous said...

Awesome blog post! You made powerful points - adding to Grayson's letter. It is so disgusting that so many people refuse to look at the actual mathematical facts. There was even a letter in today's RG from someone touting the "improvements" Scott Walker has made to Wisconsin's economy. I guess it's just too boring to look at the charts and reports from the GAO.


Fran said...

DK ~ The images were all so befitting, had to use them all. It just floors me that they got us into this mess, yet still demand those tax cuts and hope we forget who racked up the $13 trillion debt.
Once you are that deep in debt, the interest rate alone insures you will get further in debt. It increases $3.92 billion per day.
They made this mess & now want to point fingers & hope our memories of who started it are fuzzy & short.