Friday, June 17, 2011

The Trickle Down Bull Crap Argument Rules The Day

Chart of the day. Corporate taxes are now lower then during the administration's of Ronald Reagan or George W. Bush. The standard Republican argument is that lower taxes on the rich create jobs, but research shows that exactly the opposite is true. But the lying continues.

Instead of creating jobs what has been created are massive cuts in government services,  programs, jobs, health care and aid to education. The effect of this is to exacerbates the economic stagnation we find ourselves in today. More government spending is needed now, not less. The Democratic Party's strategy should be to articulate this message effectively instead of running from it.

via: Best of the Blogs

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