The richest of the capitalist corporations and individuals in the US have between 1.4 and 3 trillion dollars in cash setting around right now. Its thought to be equal to between 8 and 15% of the nations annual GDP.
How the hell can the GOP get people to listen to their plans for tax cuts, how the hell can they say with straight face that if we would just cut tax on the rich and the corporations, remember precious and rare job creators, then.......then the economy will grow and jobs will return.
These rising trillions in cash setting idle are proof of just the opposite. The so called "job creators" do not create jobs with money, they kill jobs with money by taking it out of circulation. The 99% better pay attention, your paying the taxes, your paying the price, you better pay attention.
Too much money in too few hands. Plain and simple.
ReplyDeleteFringe,
ReplyDeleteI believe that the Republicans have the corporations agreeing to not hire people to drive the economy down so they can retake the White House next November. Once Obama is out - they will give hiring the green light and things will boom. They will be heroes...
It isn't like the GOP and the Koch brothers aren't capable of something like that. Two damned elections were stolen...
Sarge
NAC and Sarge, Pay disparity if 25 to 1 within a company, is OK, not a big deal everyone figures the managers and owners should take the biggest piece of the pie, Ok with that. Currently in the US it is rocketing up every year, near 200 to 1 with extremes in the realm of 750 to 1 in some. This is capitalism gone sick, crazy and sick. These people can sure as hell afford to pay far more tax, shit, their are over 1400 households making over 1 million a year who pay none at all.
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