ROCKABILLY RULES

ROCKABILLY RULES
The Rockin Johnny B

Friday, June 3, 2011

Reagonomics

HOW LONG WILL IT TAKE?


How long will it take for people to wake up and understand that the economics of the rich simply do not work for others. Fools that we are, we continue to believe these fat-cats will help us out with all their billions. They will create jobs, they will create factories, they will build plants that hire millions of Americans.


Come on folks, none of that is true. The rich close factories when the bottom line is threatened. They move their steel mills over seas where they can hire Asians for pennies on the dollar, and they say “hey, it's your fault we have to go overseas, you people cost too much money for us to make our billions of dollars of profit.” I even heard someone say, “If we tax the rich, they will leave the country.” Hooray for us, let 'em. If the rich left the country, the small business man would benefit because there is no room at the top as it is. If the rich left America, the hole would be plugged instantly. But, don't you believe it. They won't leave. Why would they. They don't want to live in another country.


The rich will always be rich and that's okay. But I say, let them pay their 'fair share' of the tax burden for the wonderful lives they live here in the good ole U. S. of A. Let's start thinking about 'Trickle Up' economics rather than the Reagonomic 'Trickle Up' theory of economics. TU simply does not work, never has, never will. In fact, TU creates more deficit not less. Let's give the money to the poor, they spend in the USA; not to the rich, they spend overseas.

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