spaceguy said:
So what side you on? It's the firefighters, teachers, cops and unions fault we are in debt or the deregulation of wall st., banks and tax breaks for the rich. lets also not forget the bush tax cuts obama extended for the republicans, which is a reason I lost some respect for obama. See the thing is the republicans have said meet us here and then the dems do, only for republicans to move more to the right. IT's happened a lot. So yes, I'm on the side of the firefighters and hardworkers that are not that stupid to understand that this was the banks,wall st, 2 wars and the rich not paying there fair share that caused the biggest crisis since 1929. See when you give tax breaks to corporations and others. you take form infrastructure and many other programs that are the back bone of america. Majority of people on food stamps and the like are old veterans, Kids and 30% is people with under paying jobs. I agree there is fraud, so regulate more. Demand creats jobs not tax breaks. |
im sorry but you must live in a different country than I because in the US Wall Street, as well as almost everything else is heavily regulated, in fact the governments regulations and policies is exactly what caused our financial downturn (see: giving risky mortgages to people who dont deserve them).
rather than ask what in the US is heavily regulated, a better question would be: What isnt regulated?
and the rich dont pay there fair share? you realize they pay over 70% of the tax burden, while nearly half the country foots 0% of the tax burden? and you are saying the rich dont pay there fair share? not only do they pay the most, they also have the highest tax rates, as well as the highest corporate tax rates in the WORLD! letting anybody and everybody KEEP their OWN MONEY that they EARN, is always a good thing.