Saturday, August 07, 2010

Stephen Moore, Wall Street Journal, is sooo wrong about the positive effect of the 'economic stimulus' of the Jr. Bush Tax Cuts for the Rich !!

Let's take a real world example, shall we , instead of b.s. boviating about some b.s. economic theoretic hypothesis.  My S.F. boss owns his own small business and in less than 20 years of cutting regular maintenance on a fleet of busses by running on bald tires and telling the mechanic to 'fix it ,,,maybe,,,next month' he has become a multi-millionaire. This is what greedy ambitious business people do. Cut corners any way they can to get rich as fast as they can.  Including stealing wages, yep, regular hourly wages from some of their gullible 50 employees. Unless properly regulated, this is what businesses do.


And not paying taxes ,if they can get away with it; Let some else 'have to' pay a fair share of taxes to derive the American benefits. There is no way this guy can threaten to 'leave for a 3rd world country',,,his biz is in S.F. !! Dual citizenship aside,,,for now.(And besides, California is quickly becoming that polluted, unregulated, unfair, unkept, littered ugly, and infrastructure crumbling, spoiled rich vs chattel /slave working masses of poor in a state of a 'third world country' condition,,,)


So what has this ambitious greedy guy done with the Jr. Bush Tax Cuts for the Rich ? Really.  Actually.  He has bought cheaper second and third rate buses, because they cost less but breakdown more and perform less well/reliably.


 New Setras and new MCIs. The Setras have a too small designed air compressor system to operate the main door and the air brakes, duhhh!!, and the new MCIs have a lousy hard ride compared to the 1980s old MCIs ,,,and the new MCI-'J's often stall on hills and possibly railroad tracks !! So scary.  Not Prevosts or Van Hools or reliable quality busses.


And more new flashy cars to drive.  And instead of a east coast vacation condo, a much larger and more expensive vacation house on the east coast. Oh, and huge contributions to politicians.  I don't see a lot of 'economic stimulus' there.


Mr. Moore , aren't you just making excuses for your rich friends and super profitable corporations to be more selfish and greedy-sick ?  Besides them not paying their fair share in taxes, progressive taxes, as these successful and profitable and super-rich can certainly afford to pay more, tho they don't want to.  


It is like milking dairy cows; you have to do it regularly and often and the 'cows' keep on producing and chewing their cud.