Stripping cash from those who provide goods and services and handing it to their customers so they can buy those goods and services? Do the math.

The idea of “consumers” and “producers” as separate classes doesn’t stand up very well anyway as an economic concept. Unless we’re assuming all consumers are on welfare.

By the way, do the math on the premises of the Center for American Progress numbers. Organizations like that count on the gullibility of their supporters.

Cain’ plan amounted to a wave of tax burden hitting the shores of the middle class.

If the republicans are trying to pass it off as an attempt to help the economy along, they must think we‘re a bunch of dupes. Helping the wealthy is not the way to stimulate the economy. Unfortunately going the other way doesn’t help much either. The middle and lower class will either reduce debt or put the benefit into savings or investment.

I know Tom feels that a consumer driven economy is a myth but common sense should show otherwise. Here’s the makeup of our GDP from the expenditure side.

Chart- Wiki

What sector is at the top of the list?

It’s pretty obvious if the demand for a company’s product has fallen in a recession, they’re not going to hire just because they might have the extra funds afforded to them by tax cut. You’re simply not going to produce if your I product s pilling up in the warehouse. The consumption of capital goods is ultimately is driven by consumer demand.

China’s system is said to be changing from an export economy to a consumer economy. The fallacy in that is the fact that the engine of their ‘export’ economy was the American consumer.

Obama’s current proposal to cut the corporate tax does come with strings attached. Couldn’t find what the net effect “would” be but it looks like it’s designed to bring job opportunities back to the US.

I fantasize about a constitutional amendment to set tax rates and simplify the tax code. We don’t need government implemented yo-yo manipulations to personal tax ratest. Stable taxes allow for planning and decision making, not the uncertainty we see today.

They ape upper class values and habits, claim their ethos, see them as their natural allies, feel that their interests coincide. They expect that by adopting a contempt for the poor and working classes, by identifying with the upper classes culturally and visualizing themselves as part of the economic leadership (entitled to or destined to soon enter it) they will be accepted by and join the managerial/executive castes.

They believed they would be welcomed and protected by them. They actually expected that hitching their wagon to the elite’s would benefit them. So they voted Republican and flirted with Conservative philosophy and waited for the inevitable trickle-down. They forgot where their own interests lay and now they are paying a terrible price.

The middle class bought into the program completely and they have too much emotionally invested in it now to realize how totally and maliciously they have been conned. They are angry, they feel betrayed, and they are desperately looking for scapegoats and easy solutions and the leaders that will provide them.