Who Hijacked Our Country

Tuesday, April 19, 2011

Republicans: Yearning for a Pothole Nation

After Standard & Poor’s warning about America’s debt crisis, both parties will probably dig their heels in deeper than ever. Republican demagogues and their useful idiots will continue to insist that we need to keep cutting taxes for the wealthiest corporations. If we will just quit strangling these companies with job-killing taxes and cumbersome regulations, they’ll spring back to life and start creating bazillions of new jobs so fast, our heads will be spinning.

Trust them. Come on, Charlie Brown — this time Lucy promises that when you come running in for the kick, she won’t yank the football away.

Over the past ten years, America’s wealthiest corporations have eliminated almost three million jobs. Apparently the Bush tax cuts just didn’t cut deep enough. Republicans want to keep doing the same thing over and over — this time it’ll be different! — and keep rewarding these same companies with more subsidies, lower taxes and fewer regulations. Think of all the new jobs this will create. “Oh boy, there’s gotta be a pony in here somewhere!”

Meanwhile, John Boehner (R—Jack Daniels) seems to be misreading those ubiquitous “American People” he keeps talking about. Polls are showing that most Americans either support gay marriage and/or think that banning gay marriage should be a low priority, considering the real problems facing the country.

But according to Jim Beam, Jr., “The American People” want to spend $500,000 of THEIR tax dollars to defend the Defense of Marriage Act.

With priorities like this, no wonder America is turning into a pothole nation.

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Blogger J. Marquis said...

Just read an interesting (and depressing) piece about how these corporations are getting more and more focused on customers in emerging markets. Sometimes they're moving the jobs overseas because they can pay people less but it also has a lot to do with making stuff closer to where it will eventually be sold.

Which of course leads us to the question..."why in the world would we give them even bigger tax cuts"?

April 19, 2011 at 6:08 PM  
Anonymous S.W. Anderson said...

"If we will just quit strangling these companies with job-killing taxes and cumbersome regulations, they’ll spring back to life and start creating bazillions of new jobs . . ."

Following on Jim's comment, indeed they will, but the jobs will be in China, India, Thailand, Brazil, Korea and elsewhere.

I'm about of the opinion we should start taxing the SOB's at a really fair rate, with NO loopholes, dodges, exemptions, exceptions or anything else, and if they want to leave completely, fine. I'm quite sure that in a short time you'd see new American companies starting and growing to take the place of those that leave, creating all kinds of jobs and opportunities.

April 19, 2011 at 7:54 PM  
Blogger Randal Graves said...

Why the hate towards potholes? Where else am I gonna hide my stash?

April 20, 2011 at 5:30 AM  
Blogger Tom Harper said...

J: That's exactly what they're doing, creating jobs in these "emerging markets." I can't imagine the incentive for giving them more tax cuts and subsidies. If we don't, maybe they'll take their ball and move to these other countries. Good riddance.

SW: I agree. If these corporations leave, they'll be replaced by new companies that will produce something and contribute to the economy, instead of just siphoning and taking.

Randal: And the good news is, we're getting more and more hiding places.

April 20, 2011 at 3:47 PM  
Anonymous Anonymous said...

I'm confused

Are we talking about the American Companies that are located in America?

Or those that put their Corporate HQ as a PO box in the Cayman Islands, so that they don't have to pay taxes?


April 20, 2011 at 3:56 PM  
Blogger Tom Harper said...

Erik: I assume they're talking about companies that are technically located in the U.S. but are outsourcing all new jobs to foreign countries. Companies that make their "headquarters" a P.O. Box in the Cayman Islands are probably a whole different category. But it's hard to tell, since there are so many ways that companies can sleaze their way out of paying taxes or contributing anything to the American economy.

April 20, 2011 at 5:51 PM  

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