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Vacuum Cleaner Economics

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According to the Congressional Budget Office, the after-tax income of the top 1 percent rose 228 percent from 1979 through 2005 and middle class income has remained flat over the last 4 decades. Taking into account the growing debt burden of the middle class for health care and education, the uninsured and the underinsured middle America is not only sliding backwards - it is disintegrating.

So just what were those tax cuts supposed to stimulate? 

It seems the tax cuts have stimulated the great sell off of American jobs and industry in exchange for a huge national debt. It has been disguised, as the War on Terror and been the greatest Corporate Tax Giveaway not just in American history - but in the history of the world! Quite Impressive!

It truly is remarkable for anyone that is paying attention - although not to be seen in our continuing to be consolidated media. The media is too busy scaring the middle class [boo] and creating a war on "terror". Maybe it is because the consolidated media is one of the corporate beneficiaries to vacuum cleaner economics.

We vote - the corporations, the rich and powerful then get whatever they want.

Just let me know when the trickle will be starting.

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If the vacuum cleaner stays on any longer we'll all be in poverty. Vacuum cleaner economics has been sucking up the nations resources and creating a rich and poor - the middle is well on the way to being destroyed.

Hey Congress, can you turn off the vacuum?   

Total number of Americans:                      300,000,000 

Total consumer debt of Americans:           $3,000,000,000,000   

Average debt per U.S. household:             $30,000 

This is in addition to the National Debt. 

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August Adams is a CPA and holds a Masters Degree in Psychology. He is an activist striving to create a fair and just world for all.

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has been rising steadily since the end of the post... by Joel S. Hirschhorn on Sunday, Dec 23, 2007 at 12:28:08 PM
Agree, we really have a one party corporate system... by August Adams on Sunday, Dec 23, 2007 at 8:45:30 PM