Cut Social Security, Medicare Benefits, and funding for Public Schools . . . . or ask Millionaires, Billionaires, and Corporations to give up their tax loopholes and pay their fair share?
“Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” – Mark Twain
As Hurricane Sandy slams the NorthEast, we should all be reminded just how powerful the Earth’s forces are, and how fragile our ecosystem can be. Hurricanes, Droughts, Tsunamis, and even Oil Disasters show us again and again the delicate balance between human civilization and the planet.
Some people say, “less government, less regulations, get government out of our lives.” But without government, who will be looking out for the planet? Who will protect the ecosystems that we live off of, and make sure the delicate balance is kept strong? Who makes sure that the Earth doesn’t just survive, but flourishes with all the things we need from nature?
The fact of the matter is that we need a strong, well funded government to protect and look out for our well being. Free-market capitalism and corporations don’t care at all about the environment, nature, or our balance with the Earth. They are programmed for one thing only, Profit. You will never see them regulate themselves against polluting the air, require stricter standards on their systems to protect against disasters, or lessen their use of the Earths limited resources. They care about the price of the stock going up, and making as much money as they can. While competition is great and necessary for our economy, it should always come a distant second when compared to the safety of nature and the planet.
So with this in mind, please take note. When critics of the President Obama try to label him as inept because he blocked funding of the “job creating” Keystone Pipeline Project (Oil pipeline going from Canada through the U.S.A. to Mexico), know that it was blocked because major environmental concerns still exist about such a pipeline going through the middle of the country. Know that this pipeline wouldn’t pump regular oil, but Tar Sands Oil which is by far dirtier, more corrosive, and more threatening to our water ways and communities than any other oil. Know that only 17 months after the disasterous BP Oil spill in the Gulf, Republicans were trying to rush this controversial project through legislation by implementing a 60 day deadline. Know that Cornell released a study saying that the Project may actually kill more jobs than it creates, due to lessened investments in the clean energy economy. Know that President Obama isn’t always swayed by corporate campaign contributions, or a good headline in the newspaper. Know that sometimes profits, free-market capitalism, jobs, and corporations need to come second.
Think to yourself, with all of our advancements, what have we done to help nature, the ecosystems, and the Earth grow stronger? Anything? Or are we merely trying to offset the endless growth of pollution, consumption, and devastation?
“Tax cuts create jobs.” Paul Ryan and the Republican nominee Mitt Romney told a group that Canada just cut their corporate taxes to 15%.
Paul Ryan was obviously insinuating that these tax cuts put America at a disadvantage, and that the Canadian economy is going to explode and take all of our jobs. Corporate taxes in 2006 were already just 21%. In January 2011, Canada cut the corporate tax rate to 16.5%, then cut them again to 15% January 2012.
Overall, Canada has cut corporate taxes by almost 30% in 6 years.
The only problem is, the Canadian economy isn’t blasting off at all. It is still stuck in an anemic recovery. just like the United States. The Canadian economy only grew 1.8% in the second quarter of 2012. The United States on the other hand has a much higher statutory corporate tax and the economy grew at 1.7% in the same quarter. How can this be? Higher taxes hurt job creation, right? Yet both countries are stuck in the same slow recovery.
Unemployment in Canada has only dropped 1% since the recession ended, less than the drop in the United States which dropped almost 2%.
Unemployment should be dropping like a rock in Canada, not staying pace with the United States.
So for the last 3 years, 2009- 2012 the Canadian economy has failed to produce jobs at a healthy clip, even though corporate taxes are on the verge of being the lowest of the G7 countries.
By Ray Medeiros
Workers and economists agree: President Obama is more likely to help the economy than Republican nominee Mitt Romney.
Economists gave Obama’s economic plan an average grade of 3.15 on a five-point scale: nearly 50 percent higher than their 2.14 grade of Romney’s plan, according to a new survey by The Economist released on Wednesday. The Economist sent its survey to 1,005 economists, and 384 responded.
Romney has touted his business experience as evidence that he knows the best way jumpstart the economy. But like Obama, he doesn’t hold an economics degree. Romney has also rejected some of the views of two of his more renowned economic advisers. The two will debate domestic issues, including economic policy, during the first presidential debate on Wednesday night.
About half of the economists surveyed said that Obama understands economics better than Romney, in contrast to the 28 percent of respondents who believed that Romney had a better grasp of the discipline, according to The Economist. In addition, the number of economists that said the economy would grow more quickly under Obama was nearly double the number that said it would grow more quickly under Romney.
Workers are similarly confident in Obama’s ability to help the economy. Fifty-one percent of workers say they believe that Obama has a better vision to create jobs than Romney, in contrast to 35 percent that preferred Romney, according to a survey by Glassdoor released Wednesday.
Romney has proposed slashing government spending by roughly 20 percent, but many progressive economists agree that suddenly cutting government spending could spur a recession. Obama, in contrast, has proposed a fiscal stimulus called the American Jobs Act, which economists estimate could create roughly 2 million jobs.
–The Huffington Post | By Bonnie Kavoussi
Obama’s policies fall directly in line with what history shows works. The middle class and upper class were the most prosperious ever from the 1940’s – 1970’s under the same policies Obama is fighting for. The country needs well funded public schools, a healthcare “option” that is affordable, and social security and medicare. These are not only great things, they free up income for the middle class to spend, and educate the middle class so they can work. Both cause businesses to do much better, and the wealthy to make even more money. To have those things though, it used to be understood by all (Republicans and Democrats) in the early 20th century that everyone should equally sacrifice our “quality of life” through taxation. That is thought behind Progressive taxation, and the reason we should fix the tax code. The upper class should be paying a higher percentage than the middle class, which would increase revenues to the goverment dramatically. This isn’t a theory, we had progressive taxation up until 1980. Look it up. Much higher revenues, along with lowering spending is how you balance the budget. And we can do it without cutting schools, social security, and healthcare.