A repository for Marcospinelli's comments and essays published at other websites.

Why the Obama Tax Deal Confirms the Republican Worldview

Thursday, December 9, 2010

Don't richer Americans invest their money in businesses and thus spur growth?
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No, they don't.  That's what the past decade of Bush's tax cuts showed us.  The rich have NOT spurred the economy with the cuts, which by the way, we went into debt to give them.  They weren't "paid for" -- We borrowed from China, Saudi Arabia (which then funded Al Qaeda, the Taliban, Hamas, etc.), and Iran of all places.  Yes, the US Treasury sold our debt to Iran, too.  Did it secretly, too, as has been the law since the Carter Administra­tion.  Iran owns the US, too.

Everyone agrees that extending Bush's tax cuts is NOT stimulativ­e.
About Bush Tax Cuts
Read the Article at HuffingtonPost

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