Voodoo Economics [View All]

[Mythsaje]

I've touched on this before but I think it's time to try another round. Most Dems HERE, at least, seem to get it.

The Republican/Conservative ideology when it comes to economics is morally and intellectually bankrupt. They try to tell us that giving tax breaks to the capitalists somehow stimulates the economy when it's plain to any clear-thinking person that it doesn't.

Why not? Simply put, the richest Americans tend to hoard wealth. They don't spend it. They don't put it back into the economy by creating more jobs. "Trickle down" is a hoax. Always has been.

The ONLY way to stimulate the economy is by putting more spending power into the hands of those who NEED to spend money. People that NEED to buy a new washing machine, or NEED to buy more clothes for the kids than the two pairs of pants and three tee-shirts they can currently afford.

By giving more money to those who will spend it, it sends that money back into the economy. By raising the minimum wage, it provides an opportunity for these folks to go out and buy things they need, or that luxury item they've been eyeing for the past few years. As more people go out and buy things, more employees are needed by the manufactures to keep up with demand. More salespeople are needed in the stores that sell these items. Simply put--the more people buy, the more jobs that are created.

The Republicans have been shoving their broken ideology down our throat for the past several years, aided by a corrupt and complicit corporate media. We need to get this message out there, to shatter the myth they've built around it--the myth that promotes the idea that their tax breaks are good for the economy. They do next to nothing for the economy.

The People have already said they want to see a hike in the minimum wage. The people know they're not able to keep up with the rate of inflation and they're hurting.

It's simply not right that executives make millions of dollars a year in salaries, and stuff their pension funds with even more millions, when people who make it all possible have to struggle to feed and clothe their families. But not only is it not right, it's not sustainable. To allow this sort of dichotomy is harmful to this nation and its future. It deprives talented young people of a chance to make a meaningful impact on society because it limits their options.

It's time we banished Voodoo Economics to the dustbin of history. We need reality-based economics. And we need a spokesperson capable of explaining it to the People in a way that they'll understand. The Republicans/Conservatives are wrong. It's just another example of how they're wrong.

We will no longer swallow the lie of voodoo economics. We demand truth, justice, and real-world solutions. Not pie-in-the-sky sleight-of-hand.