Monday, October 15, 2012

Trickledown Economics


It's a simple agenda for the wealthy politicians who most likely took office to meet their short list of priorities including and most importantly to preserve their own wealth. It's their selfish way to justify low taxes for the wealthy or themselves (whatever floats your boat). Trickledown economics is almost as unsuccessful as the War on Drugs. Failing government policy surrounds, encages, and ultimately holds back America from ever breaking free from the grasp of the Great Recession that was caused by unregulated banks free to loan as they wished to unqualified persons for the banks' benefit. Banks and people unaware that they are in no position to take out a juicy loan (or two), as well as selfish politicians who decipher the tax codes as they wish and pay taxes at a rate lower than my dog, are the reason America is becoming less and less prevalent on the global economic scale. Move to China? I'd side with that statement if only there was one place in the world where ideas flow free AND the economy's potential is as strong as the values of politicians.

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