Monday, February 13, 2012
The Dangerous Side Effects of Voting Republican
Bronxdude 30 minutes ago ( 3:21 PM)
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Republicans are very adept at creating deception, especially when facts get in the way. As protectors of the wealthy, since the 80s, Republicans have specialized in deficit expansion, as evidenced by Reagan increasing the deficit by 189%, Bush 41 by 55% and Bush 43 by 89%. Under Bush 43, income for the top 2% rose 255%, while income for the bottom 98% rose only 3%. During the decade Republicans controlled congress and the presidency, they were the central protagonists of deficit expansion. Starting in 2005 with the aptly nicknamed “Dick Cheney Energy Bill,” Republicans gave billions in unfunded subsidies, no-bid contracts, and tax breaks to oil and gas companies. From 2001 to 2008, an era of record deficit expansion, Boehner and McConnell borrowed money from China to give trillions in revenue reducing tax cuts to the wealthy, and now they want to erase their deficit by abolishing Medicare and privatizing social security. Not satisfied with destroying the middleclass and driving our economy into a ditch, Boehner and McConnell want to borrow even more money from China just so the Bush’s tax cuts for the wealthy can be made permanent—insanity! In their latest piece of chicanery, Republicans—with marching orders from the Koch brothers—are falsely claiming that cap-and-trade legislation, which is aimed at making corporations like Koch Industries pay for the pollution they create, will cause the outsourcing of American jobs. Rubbish! Just like they are attempting to destroy the middleclass, Republicans don’t mind destroying the environment for profit. Remember: Under 8 years of Bush tax cuts for the wealthy and corporate subsidies, America loss over 14 million jobs, the housing market collapsed, the debt ceiling was raised 7 times, unemployment doubled to 8.6%, the Dow loss 4 thousand points, gasoline surpassed $3.00 per gallon for the first time, North Korea acquired nuclear weapons, Osama escaped, and the deficit surpassed $11 trillion! And now Tea Party Republicans want back in to give more tax cuts to the wealthy and finish the destruction they started in 2000!