Jan 21, 2008

Economy Warnings and the 2008 Race

From Americablog:

European markets drop fast at opening

by Chris in Paris ·

The opening in London, Paris and Frankfurt markets has been ugly, just like Asia. Where are the Republican presidential candidates during this collapse? They're still talking about tax cuts instead of addressing real world problems that their party created. It's incredible to even imagine that we're heading into a recession - if we're not already there - and this group is debating issues that were laid to rest a few years ago.

Outside of extreme right wing circles, people know that tax cuts do not "pay for themselves" as the right likes to say. Never have, never will. They can provide benefits but as a long term solution to the current economic problems, not at all. Giuliani may not have a chance to mingle with people outside of his million dollar plus salary circles but people in the real world are fed up with tax cuts for the elite and the middle class squeeze. Times have changed, but the GOP is still stuck in the past. Why is it so hard for them to understand that most of the country has been left behind while only the select few have profited?

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