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| *Loan,banking and credit>>>tax cut |
Hello tax cuts, goodbye infrastructure...is this a fair comment? |
A QUOTE PEOPLE: "Would it be cold of me to wish that it had been a darling little blonde girl suspected to have been swallowed up by a sinkhole in Irving, Texas, a year ago this summer - instead of a little Hispanic boy named Elian? Because then, perhaps, a media that can only report an epidemic as a series of unconnected incidents might finally get the point: the conservative mania for tax cuts have caused us to have a wastewater infrastructure that earns us a D-minus from the American Society of Civil Engineers, which is largely responsible for the ongoing Third Worldization of American streets."Rick Perlstein http://commonsense.ourfuture.org/sinking... Cities dilapidated, railways deteriorate, TB and Smallpox return, Staph. infections run rampant, National parks are trashed, police, fire, border security and food protection are all compromised . For those who think one can live in a country without investing in maintaining it, don't understand that a real society takes care of its own needs before spending it's capital on foolish international escapades. Our national treasury has been raped for the benefit of the few Oligarchs in in government and the Military Industrial Complex that President Eisenhower warned against. I think the 80-100 million dollars a week being spent on the Iraq War has a lot more to do with it than "tax cuts". There is no disparity of federal funds, it's how it's being spent that's the problem. Tax cuts have always increased money going into the federal reserve, so your arguement is invalid. Just look at the JFK, Reagan and Bush tax cuts. First, the story about the boy falling in a sinkhole and the quip that the infrastructure is now lacking from tax cuts are not clearly and logically linked together. It sounds like media's failure to cover the hispanic boy is an example of bias whereas his conclusion is quite wide of the subject of such bias. Also, to prove that tax cuts kill infrastructure is not entirely easy. One would first have to compare how much money was being funneled to infrastructure type expenditures before the cuts and not merely assume that because there are tax cuts the infrastructure has gone to pot. In addition, just because taxes are cut does not necessarily mean there are less taxes being collected. The theory behind tax cuts is that a lessening of the tax burden actually helps the economy flourish and because money is permitted to flow much faster in the free economy compared to when it goes through government hands. Because this money gets handled much more frequently contributing to people's income and profits, the government in the end--while only collecting a small portion of it--still collects about the same as it did before the tax cuts. Before this statement can be fair, a detailed analysis of the facts must be considered and I'm not sure what a boy falling in a sink-hole proves about its status. |
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