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The Bush Tax Cuts - Nothing But Blood

By       Message Jack Blackshear     Permalink
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When conservative thinking comes into contact with humans seeking an egalitarian society, particularly when those humans are not of the same race, religion or creed as the conservative, physical harm will come to those humans and over time there will be nothing but blood.

The current battle over the Bush tax cuts is a good example.   If conservatives serve their clients well, the nation will be forced to assume a huge debt that will adversely affect the nation's economy for years.

Since economists say that providing this borrowed money to the wealthiest Americans is not an efficient way to create jobs, doing so will prolong the recession and have a cascading effect on people in countless ways.  

A deal that allows this to happen is tantamount to conceding the physical well being of millions to the greed of the few.

The framework agreed with Republicans was not made with this in mind.   And the debate among Democrats in Congress focuses on equity, not the ultimate consequences for individuals.  

The President should change his mind, offer a new deal and appeal directly to the American people.   This hypothetical speech is one way to do this.

"I have decided to propose a new framework for extending the Bush tax cuts.   My original framework was based on the need to reach agreement before the end of the year when rates are set to go up.   After much reflection and discussion with Democrats in Congress, I have decided that negotiations can extend beyond the end of the year.

 

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The new framework provides for keeping all of the tax cuts for the middle class contained in the first framework but will not extend the cuts for the wealthiest three percent.   

 

While the original framework would have benefited the middle class, it would have done so at the cost of borrowing 700 billion dollars.   Economists say that using this money to extend the cuts to the wealthiest three percent of our people would be unlikely to create a significant number of jobs.   However, the tax cuts I secured will have a positive effect   on job growth.  

 

So far the debate has been about money; but there is more to the story.

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What we decide will impact the way many Americans live their lives.   Even though everyone will be affected in some way, many will feel the effects more than others.

 

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Retired Oil Executive interested in current politics


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