The Rich Raping America and then Asking Us to Thank Them

14 Nov

Which of the following will make up a majority of the deficit in the next decade?

A) Social Security
B) Medicare
C) The National Park Service
D) PBS
E) George Bush’s tax cuts

Give up? The answer is E — George Bush’s tax cuts.

But this week the co-chairs of the so-called “Deficit Commission” came out with their recommendations on how to fix the deficit. Do you know what their answer was? They said they wanted to cut A, B, C and D.

That’s right — the co-chairs of the Deficit Commission said that they wanted to cut Social Security, Medicare, the National Park Service, PBS and a whole lot more. But they’re OK with leaving George Bush’s tax cuts in place even though those tax cuts are projected to make up over half of the deficit over the next 10 years.  This was taken from Democracy for America, which I encourage everyone to visit and sign the petition.

So who will stand up to the Super Rich?  Who will end the Bush tax cuts for the wealthiest of the wealthy in the United States.  It won’t just be Robert and I that will be eating Cat Food during our retirement.  Just a personal side note here: I’m so thoroughly disgusted with people like Meg Whitman who spent $143 million dollars of her own money to buy the Governor’s mansion–imagine how many homeless people that could have helped?  How many hungry American’s that could have fed–people who have lost their jobs and homes.  Why, as a culture, do we idolize the rich and vote against our best interest.  Why is Obama kowtowing to the likes of John (fake and bake) Boehner–Boehner who is pushing hard to protect the rich and gut the middle and lower classes.  See the full NYT article here.  Thank you to my friend Mary Suave, a dedicated humanitarian for sharing the NYT article with me and for fighting the good fight.

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2 Responses to “The Rich Raping America and then Asking Us to Thank Them”

  1. Maarten November 18, 2010 at 2:22 am #

    I’m curious in what sense the Co-Chairs are leaving the Bush tax cuts in place. They’re entirely restructuring the tax brackets and proposing to do away with all sorts of deductions, including the mortgage interest deduction, which generate huge deductions for owners of expensive homes. Have you seen studies or models that work out what taxes someone with (say) a $300k income would pay under the proposed new brackets?

    • Michael Hulshof-Schmidt November 18, 2010 at 6:22 am #

      While I have heard rumor of several proposals for restructuring, there has been no action yet. I think any proposal that creates a more equitable solution without damaging social security and is acted upon would be good.

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