HILLARY CLINTON = UNIFIED CRIMINALS FOR GREED AND ROBBERY OF THE MIDDLE CLASS.
3rd TRY – OOOPS WAY! DLC IN NEW CLOAK!
Hillary should run with the CORPORATE 3rd Way or Corporate NO LABELS = UNIFIES THE MULTI-NATIONAL CRIMCROOKS FROM BOTH PARTIES!
3rd WAY = BECAUSE WE DON’T WANT TO BE CALLED THE WALL STREET CRIMINAL FRAUD PARTY
Hillary can bring together the GOP MULTI-NATIONAL BILLIONAIRES and the DEMOCRAT MULTI-NATIONAL BILLIONAIRES and the FICKLE BANKSTERS into ONE O.OOO1% MINORITY OF CRIME AND SCUM WITH PLANS TO FINISH OFF ROBBING THE AMERICAN MIDDLE CLASS!
3rd WAY PROPAGANDA = OHHH! THE INHUMANITY OF THE POOR RICH MAN PAYING ANY TAXES! We are a Minority of only 300,000 making $1 Million or more per year – It is discrimination. OHHH! We forgot the Corporations that hide most of our money!
3rd WAY PROPAGANDA: Cowan and Kessler: Economic Populism Is a Dead End for Democrats -The de Blasio-Warren agenda won’t travel. Colorado is the real political harbinger.
3rd Way THEORY = NYC and Massachusetts candidates can never win Nationwide especially if they believe in the American people = PURE PROPAGANDA!
3rd Way THEORY = Progressives believe everything should be free for everyone = PURE LIE!
3rd Way MULTI-NATIONAL CROOKS ARE SO FRIGHTENED OF LOSING EVEN ONE $DOLLAR TO TAXES.
3rd Way THEORY = Progressives want the wealthy to pay higher taxes – ONLY BECAUSE the RICH AND CORPORATIONS DON’T PAY A FAIR SHARE AND TAX-DODGE $10’s of TRILLIONS OFF-SHORE.
AMERICA’S MIDDLE CLASS AND POOR ARE IN CRlSlS:
LOSS OF 82% OF C0RP0RATE TAX REVENUE PER YEAR COMPARED TO 1945!
1.3% of GDP MULTl-NATl0NALS AND C0RP0RATl0NS pay NOW
7.2% of GDP C0RP0RATl0NS pay in 1945
14,000 laws BRIBED BY THE RlCH to pass to open loopholes in the TAX code for the TAX DODGlNG WELFARE SUCKlNG RICH and CORPORATl0NS over the last 30 years – Have destroyed our DEBT, DEFICIT, MlDDLE Class, Trade Balance (Asian Slavery Exploitation), and OUR ECONOMY.
43O% MORE TAXES FROM CORPORATlONS IN 1946 THAN NOW IN 2O13!
FACTS ABOUT THE EXTREME CENTRlST CONSERVATIVE $CORPORATE? TAX DODGlNG WELFARE-SU’CKlNG GOP SUPPORTED RlP-OFFS!
42.4O% of 1946 US TAX REVENUES from $CORPORATlONS?
21.O5% of 1980 US TAX REVENUES from $CORPORATlONS?
13.16% of 2009 US TAX REVENUES from $CORPORATlONS?
_8.OO% of 2012 US TAX REVENUES from $CORPORATlONS?
http://www.laprogressive.com/unemployment-numbers/
JOB CREATlON AND INVESTMENT TO RESTORE FULL EMPLOYMENT
The US economy has operated at 5+% below potential for 4+ years losing $4.5 TRlLLlON in national income due to Fraud in the bursting of the housing and derivatives bubble erasing $TRlLLlONS of weaIth from American households and shocked consumers and businesses stopped spending and millions of JOBS were lost
$700 BlLLlON (2013) in JOB creation and NATlON REBUlLDlNG.
$2.1 TRlLLlON over 2O13–2O15 to rapidly restore the economy to full health by early 2O16. SOURCE: Economic Policy Institute
$5.7 TRlLLlON in TOTAL additional revenue 2O14–2O23 (see below).
Restoring full employment increases GROWTH, OUTPUT, and GDP – This in turn reduces debt to $4.4 TRlLLlON (or 16.9% of GDP).
$2.5 TRlLLlON in direct JOB creation measures 2O13–2O23 of which one-third is spending on infrastructure, green manufacturing, and R&D.
$1.1 TRlLLlON of that is infrastructure as defined by American Society of Civil Engineers.
$154 BlLLlON of that is invested in K-12 education
$179 BlLLlON of that is for Medicaid
$459 BlLLlON of that is to rebuild distressed communities.
$668 BlLLlON restores the Back to Work budget
$1.6 TRlLLlON for building the country’s stock of public and human capital to drive long-run productivity growth
$4.7 TRlLLlON in net total JOB creation and public investments for 2O13–2O23
$1.2 increase in Revenue (2O14–2O23) by restoring progressivity to individual income tax code with 5 new higher brackets
(there are 300,000 tax filers who earn more than $1 million), close a few corporate tax loopholes, and break up some big banks then—presto!—we can pay for, and even expand, existing entitlements. Meanwhile, we can invest more deeply in K-12 education, infrastructure, health research, clean energy and more.
Social Security is exhibit A of this populist political and economic fantasy. A growing cascade of baby boomers will be retiring in the coming years, and the Social Security formula increases their initial benefits faster than inflation. The problem is that since 2010 Social Security payouts to seniors have exceeded payroll taxes collected from workers. This imbalance widens inexorably until it devours the entire Social Security Trust Fund in 2031, according to the Congressional Budget Office. At that point, benefits would have to be slashed by about 23%.
New York City Mayor-elect Bill de Blasio Getty Images
Undeterred by this undebatable solvency crisis, Sen. Warren wants to increase benefits to all seniors, including billionaires, and to pay for them by increasing taxes on working people and their employers. Her approach requires a $750 billion tax hike over the next 10 years that hits mostly Millennials and Gen Xers, plus another $750 billion tax on the businesses that employ them.
Even more reckless is the populists’ staunch refusal to address the coming Medicare crisis. In 2030, a typical couple reaching the eligibility age of 65 will have paid $180,000 in lifetime Medicare taxes but will get back $664,000 in benefits. Given that this disparity will be completely unaffordable, Sen. Warren and her acolytes are irresponsibly pushing off budget decisions that will guarantee huge benefit cuts and further tax hikes for Gen Xers and Millennials in a few decades.
As for the promise that unrestrained entitlements won’t harm kids and public investments like infrastructure, public schools and college financial aid, haven’t we seen this movie before? In the 1960s, the federal government spent $3 on such investments for every $1 on entitlements.
Today, the ratio is flipped. In 10 years, we will spend $5 on the three major entitlement programs (Social Security, Medicare and Medicaid) for every $1 on public investments. And that is without the new expansion of entitlement benefits that the Warren wing of the Democratic Party is proposing. Liberal populists do not even attempt to address this collision course between the Great Society safety net and the New Frontier investments.
On the same day that Bill de Blasio won in New York City, a referendum to raise taxes on high-income Coloradans to fund public education and universal pre-K failed in a landslide. This is the type of state that Democrats captured in 2008 to realign the national electoral map, and they did so through offering a vision of pragmatic progressive government, not fantasy-based blue-state populism. Before Democrats follow Sen. Warren and Mayor-elect de Blasio over the populist cliff, they should consider Colorado as the true 2013 Election Day harbinger of American liberalism.
If you talk to leading progressives these days, you’ll be sure to hear this message: The Democratic Party should embrace the economic populism of New York Mayor-elect Bill de Blasio and Massachusetts Sen. Elizabeth Warren. Such economic populism, they argue, should be the guiding star for Democrats heading into 2016. Nothing would be more disastrous for Democrats.
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