People like Fox who's clarion call for more tax cuts doesn't seem to understand basic logic. The rich doesn't need any more tax cuts; they don't need to spend the money they have, because they already have everything they want.
The middle-class and the poor, on the other hand, spends a far greater percentage of their income.
The conservatives continue their call for tax cuts for the wealthy whether we have a good or bad economy; what's wrong with this picture?
Then we had Bush for the past eight years, and we have seen the economy tank with tax cuts for the rich, while at the same time he's created the largest deficit for our country; what's wrong with this picture?
Yes, more tax cuts for the wealthy makes sense; why don't we destroy our economy? The conservatives are never wrong. McCain and Palin keeps lying about Obama's wanting to tax people with $42,000 in income. They must lie to put fear into the same people they claim to be "protecting." It's okay that our economy gets worse every day, and people lose their jobs and homes. Those are minor inconveniences for the conservatives who wish to create more jobs with their tax cuts.
Along with those tax cuts for the wealthy, we now learn that our country has lost over 700,000 jobs since the beginning of this year. More tax cuts for the rich? Yeah, makes a whole lot of sense.
Guess who has the most investments in banks and finance companies? Guess? The conservatives wants to give more tax cuts to the wealthy, and have the middle class and the poor pay for their bailout with over $700,000 billion. What's wrong with this picture?
All this while our debt continues to grow. What's wrong with this picture?
Have we had job growth? Is our economy healthy? Is the stock market performing as it should for all - including those middle class workers who must now think about postponing their retirement, because some have lost up to 50% of their retirement savings? What's wrong with this picture?
Are the rich suffering like the the middle class and the poor?
You get only one guess, but I wouldn't expect the conservatives to understand the dynamics of more tax cuts for the rich.