I think my comment was pretty clear. I know further clarification is probably a waste of breath, but so be it. The 'job creator-trickle down' spiel goes like this: If you lower taxes for wealthy people, they make lots of money which they then pump back into the economy in the form of jobs (among other benefits to society).

Well, we've now lived under this doctrine for 3 decades now, and while it is clear that cutting taxes does (obviously) give the wealthy more money, it has failed to produce the promised jobs. On the contrary, it seems to actually have the effect of killing good jobs, either by automating them or sending them overseas to third world slaves. This is probably because the extra money is used to lobby the government, rather that create new jobs.

Another big problem with the 'job creator' argument is that from a business standpoint, you generally only hire as many employees as you need to maximize profits, regardless of how much money you have stagnating in the bank. Hiring more or less help than you need makes little sense.

This is how 'we got here'. We've let business take control of our democracy. With this power, big business has taken us to war, filled it's coffers with public money, given itself all manner of no-bid contracts, subsidies, bail outs and trade deals, has eroded our civil rights, corrupted our courts, monopolized our media, among other horrors. They've deregulated and privatized the financial sector as to allow themselves the freedom to pollute, exploit and swindle.

Capiche?



>> ^marbles:

>> ^dystopianfuturetoday:
The problem with the 'job creators' stratagem is that, with record high wealth/corporate earnings, record low taxes and record high unemployment, it has no obvious basis in reality. It is also delightful to see these protesters dodge his obvious trap, forcing him to awkwardly offer up the payoff without an organic set up. His karma ran over his dogma.

You seem to be oblivious to how we got here. Your argument/position has no obvious basis in reality. Raising taxes doesn't fix anything. It doesn't break up the big banks, stop corporatism, or end the magic money tree called the federal reserve.
It's a delight to frame these serious problems into false partisan arguments?
Nice joke though. But the 90s called and want to know wtf you're talking about.

>> ^dystopianfuturetoday:

The problem with the 'job creators' stratagem is that, with record high wealth/corporate earnings, record low taxes and record high unemployment, it has no obvious basis in reality. It is also delightful to see these protesters dodge his obvious trap, forcing him to awkwardly offer up the payoff without an organic set up. His karma ran over his dogma.


You seem to be oblivious to how we got here. Your argument/position has no obvious basis in reality. Raising taxes doesn't fix anything. It doesn't break up the big banks, stop corporatism, or end the magic money tree called the federal reserve.

It's a delight to frame these serious problems into false partisan arguments?

Nice joke though. But the 90s called and want to know wtf you're talking about.

Tags for this video have been changed from 'Peter Schiff Cornell West on CNN Anderson Cooper 360' to 'Peter Schiff, Cornell West, CNN, Anderson Cooper, 360' - edited by kulpims

Cain isn't blaming the poor, he's blaming Washington, and the liberal OWS folks that elected them.

There's a subtle distinction there that you all are missing.

Also, Anderson Cooper is a biased reporter (he "keeps them honest" with Republicans as much as Democrats) who also fakes his news stories. I once watched him "report live" from a hurricane, with him standing in the middle of a bunch of water... on a bright sunny day.

I may not have been in many hurricanes, but they're usually not clear, sunny days when you're in them.

I wouldn't completely dump on CNN only because I saw Anderson Cooper interview a T-Party woman and really got on her ass when she tried to suggest it was just a bunch of drug addicts and lazy people with no real agenda gathering and breaking the law.

Course Anderson Cooper is one of the 'cool' 24 hour news person in the world. He's amongst the last of a dying breed of reporters who actually challenge the crap that spills out of their guests mouths.

LMAO!!
>> ^Opus_Moderandi:

^ And why was it dressed like a french maid?

Wtf was that disgusting creature standing next to Anderson Cooper? I threw up in my mouth a little...

http://videosift.com/video/Snookie-introduces-Anderson-Cooper-to-Spray-Tanning

I know you aren't gay or a woman, so maybe this won't be as funny to you as it is to me -- since I enjoy it on more levels than you would....

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