Reply to No Matter Who You Are Tell Me When You Think Our Current Form of Government Became Dysfunctional?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]

Another good question that someone needs to address.  I think, again, that Reagan's idea of trickle down has been clearly debunked, yet you have people who still want to go there (cut taxes to get growth).  But it didn't work.  Workers need protections or we will not have a stable, functional government.  It's that simple.  We need reliable health care and a system that supports education and old age.  People say it's too expensive, but not having these things could cost way more if society becomes so unstable as to produce constant conflict.  That is starting. [/quote]

How did it not work?[/quote]

Take George W. Bush's big tax cut.  It mainly benefitted the wealthier, the supposed "job creators and investors" yet they didn't create jobs (in fact we lost millions of jobs under Bush with his tax cuts in full force) and did not provide any meaningful economic growth.  In fact, the Bush tax cuts ended up costing us 2.1 trillion dollars over ten years.  It did very little for the working class.  And as for investments - we got all the wrong things - wealth extraction, hoarding and offshoring of money and the investments were horrendously irresponsible, we had tons of real estate speculating driving the housing market up into an unsustainable bubble, we had a lot of things like rebundling of the bad debt and other high-risk things going on.

Republican tax policy has already been tried.  It did nothing for us.  The evidence is in,, and it's irrefutable.  It's time to abandon the notion of tax cuts for the rich and move on.[/quote]

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