On Tue, Sep 14, 2010 at 10:56 AM, Leland Jackson <[email protected]> wrote: > Below is an excerpt from today's New York Times. Some people are > beginning to "get it". Extending tax cuts for the wealthiest indeed. LOL > > #----------------------------------- > Excerpt: > > We can keep wishing and hoping for a powerful economic recovery to pull > the U.S. out of its doldrums, but I wouldn’t count on it. Ordinary > American families no longer have the purchasing power to build a strong > recovery and keep it going.Americans are not being honest with > themselves about the structural changes in the economy that have > bestowed fabulous wealth on a tiny sliver at the top, while undermining > the living standards of the middle class and absolutely crushing the > poor. Neither the Democrats nor the Republicans have a viable strategy > for reversing this dreadful state of affairs. (There is no evidence the > G.O.P. even wants to.) > > http://www.nytimes.com/2010/09/14/opinion/14herbert.html?_r=1&th&emc=th > > #--------------------------------------
I do NOT want to see the Bush Tax Credits extended. For over a decade USA industry has gotten fat in profits at the expense of the USA worker. We have looked at the bottom line implications of keeping a manufacturing site in the USA for about 10 to 20 seconds. Those in a meeting will generally chuckle and approve the closing of the plant here to open a different one there. Those first companies who did that were forward thinking and broke new ground in the world economy. Didn't they see the flood of dollars out of the country would have an effect sooner instead of later? I think they just focused on their tunnel vision or that bottom line. Welcome to the wake up call of 2010. You now have to pay to play. Each one of you who got very rich will now have to pay it back 100,000 $ a year or so they say. To me that 100,000 = only two incomes. I would love to see a change to the Bush Tax Credits that forgive the extra % if your investment portfolio proves your investments are bringing jobs home. How to define the rules for this are beyond my pay grade. I could toss out a few options if the phone wasn't ringing. ttfn. -- Stephen Russell Sr. Production Systems Programmer CIMSgts 901.246-0159 cell _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
