Comment | Whenever the political press uses the word "confidence", it means rather sensitive feelings of Wall Street and business tycoons. You see, at heart, these cutthroats are really sensitive flowers, that even the reference to taxes or regulations could send them dans a fading out. This is why the Republican budget proposal slashes so health insurance and other parts of our social safety net - in order to avoid disturbing these snowflakes special and unique by making bear them their share of this burden.
It is the theory. So how has it worked so far? Thus, Wall Street profits are soaring at the same time that the rate of unemployment. So if the idea was that giving corporate money would create jobs, it does not appear to have worked that.
Here's why our representatives at the Congress should worry more about the "confidence" of the average American and give us the kind of breaks that they give the rich:
It creates jobs
The idea behind "Reaganomics", "If"theory was that by giving people rich alms of Government (through subsidies or tax breaks) money would "redistribute" for the poor. But as the links above show, it is the case record income inequality, which is not surprising since it is basically a socialism for the rich.
If you have given Apple $ 1 billion tax relief, it would probably just add to its Treasury of $ 60 billion. That is money that is not spent to create jobs. Whereas if you gave to 1 billion in food stamps, which is $ 1 billion that is immediately passed to buy food for the hungry poor. Money flows through the economy by putting more Americans to work to manage the increase in demand. He gets a job and prevents your grandmother to eat food of chat... which is no way to love?
It is the thing without cruelty
It is easy for the rich Republicans like Rush Limbaugh to accuse the poor to be lazy. But when confronted with real disabled and poor people that programs like food stamps and health insurance are designed to help - as it was on one of his radio programs - it a même de answer "I talk to people like you." He knows even what being a stub is like.
Here's a newsflash for Rush: people choose to be in these situations. The unemployment rate is so high because people are lazy and do not want to work, it is so high, because there are more unemployed there jobs. And new jobs that are created all tend to be overseas.
The way things are at the moment, in a country where you have the right to "life, liberty and the pursuit of happiness" you beg for the whole of the foregoing. If you have lost your job, you have to beg for a new, because without it you don't have health insurance and can't make your mortgage payments or rent. And holes more than the Republicans cut in our social safety net, you have to beg and I hope that someone who wants to make money feels like taking a chance on you.
These things are supposed to be rights. Why should we have to beg for them?
It is clear
Government is increasing spending on projects of works during the 1930s and World War II, during the 1940s, as the countries of the great depression. It put Americans back to work, and he put money in their pockets, allowing them to save the hospice or begging.
What debt going is to is to keep alive of hungry people. This is why we should be concerned about the poor and the unemployed now, instead of pocketing of rich people to all other costs. Because that is what this debate on the "deficit" is really for.
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