Wednesday, October 26, 2011

Republican Presidential Candidates And The Flat Tax

Trickle down economics is in the fore front again with several republican candidates for President, this time in the guise of a flat tax. It is Reagan and Bush all over again and their failed past. Romney, Perry and Cain are in the lead on the subject matter and once again the winners in their flat tax are Corporate America and the wealthy. The loosers are the middle class, working Americans. Corporate America and the wealthy also get to keep their exemptions and other tax breaks under the flat tax.

The issue of trickle down economics republican style is the product of what this writer has reported many times over. Repubulicans use their failed policies because they have no record of accomplishments for the country and its people to articulate. The idea is to keep the news media and the democrats from debating the real issues concerning the country.

It is very noticable the republican party and their Presidential candidates never talk about the last republican administration because it would remind the people they have nothing to say about the sad shape Bush left the country in. It would also be a quick reminder that the republican party controlled both houses of congress for most of Bush's eight years in office and rubber stamped his failed policies. Voters should also take note that the present republican Presidential candidates also supported Bush's failed policies at the time and were silent while record deficit spending and debt was the order of the day during the Bush years.

What really chaps the republicans is that the Obama administration has reversed the massive job losses that took place while they ran the country and as a result they will not lift a finger to help in the recovery. A recent republican governor of California called a few elected officials girlies, now we know he was really talking about republicans. That says it all.