Banana Republicans

[grahamhgreen]

Tax breaks for the rich do create jobs--in China, Malaysia, Macau, India and Vietnam.  Our country is looking like a banana republic.  A banana republic is a country like Guatemala was in the 1950s, controlled by United Fruit Company, with a president running the country that favored United Fruit, and that squelched any uprisings against low wages and poor working conditions.  A t-shirt made in China costs the company 95 cents, and it is resold for $18; and a pair of Nike shoes made in China costs $6 to make, but is resold here for $90.

Fact is, if Americans can't pay $18 for the t-shirt, the company will lower the price to $12--but they won't pay extra for an American to make the shirt here.

Tax breaks for the wealthy are an idea useful to the banana Republicans, but have no place in Democratic party policies. They do not create jobs, prosperity, or reduce the deficit, as evidenced by our current predicament.

There is a village in China where the industry is worker-owned; everyone therehas a car, a really nice house and at least $250,000 US dollars in the bank, that is pause for thought.  Do we really need the wealthy to feed off of us?  Even in a worker-owned bakery in San Francisco, the Alvarado Bakery, the bakers there make at least $60,000 a year.....

Let's return to the greatest generations tax rates on the wealthy. They are not the job creators, they are the outsourcers.

[baldguy]

1. We're borrowing $700B from China over the next 2 yrs to give to the wealthiest 2%.

And the loan will be paid off by the poor and the remains of the middle-class over the next 50 yrs - with interest.

That's not a tax break - that's a gift.

[MadMaddie]

3. It sucks I agree but we won't have millions in this country

contemplating desperate measures because they can't find a job and can't feed their families.

[MadMaddie]

2. Bingo! That has been the myth perpetuated by Faux

and the gullible eat it up like candy.

I am visiting my folks in GA and we took a trip and the lady at the Hotel says they keep the tv on Faux 24/7 I didn't even have the heart to tell her that she should look at other sources. It's Christmas and sometimes it's not the right time to talk politics. We had a pleasant enough conversation and I hope that one day she will see the light.