Talk of The Villages Florida - View Single Post - Another look at the Subprime Problem
Thread: Another look at the Subprime Problem
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Old 10-15-2008, 10:15 AM
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Originally Posted by cologal View Post
Actually the wealth redistribution started 8 years ago with the Bush tax cuts. If you look around the Trickle down affect of giving money to the wealthy so that they will in turn shower it down to the middle class in the form of jobs has been totally disproven. Since the Bush tax cuts how many jobs have gone overseas? Recently 9 straight months of job losses and 750,000 jobs lost just this year.

I would have to say that your comment

Some goes into the stock and bond market so that other businesses can create JOBS!

Right about now that statement rings just a little hallow.

In this country we have job losses and wage stagnation.
TAX CUTS have nothing to do with losing jobs.. Have you ever heard of NAFTA and Clinton ?