Sunday, October 19, 2008

Trickle Down Growth Or Trickle Across Poverty

Casting the tax debate as a “values” issue Saturday, Barack Obama said John McCain was "out-of-touch" for equating the Illinois senator's plan to cut taxes for middle class families with welfare. /// “It comes down to values – in America, do we simply value wealth, or do we value the work that creates it?” Obama said at a rally under the Gateway Arch. “I’m not giving tax cuts to folks who don’t work. I’m giving tax cuts to folks who do work. That’s right, Missouri – John McCain is so out of touch with the struggles you are facing that he must be the first politician in history to call a tax cut for working people ‘welfare.’ – Barack Obama in St. Louis Oct. 18, 2008 – Image Credit: Ethiopian Review

Trickle Down Growth Or Trickle Across Poverty

“Joe The Plumber” has really struck a cord with the average American that does not want to loose their hard fought freedoms.

The truth is that most Americans are not opposed to paying taxes to a Government that creates and maintains roads and infrastructure, creates and maintains laws that secure our sovereignty, and gives us protection from forces that want to take over our freedoms that our forefathers envisioned us having here in the United States – Religion, Life, Liberty, and the Pursuit Of Happiness!

What most Americans do not want to do is pay taxes for WELFARE knowing full well that this is the cancer that attacks our productivity, creativity, economic health, and the wide variety of choices we have come to expect in our "7-11 society" (access to almost anything at anytime of the day).

One measure of how well people connect with a vision of America that “Joe The Plumber” articulates and its effect on our election process for President ... expect a machine generated “robocall” from the Democrat Party featuring “Bob The Plumber” - That’s right, BOB … THE PLUMBER! The inventive “Bob” is the main character in a phone call people get while they are eating dinner, espousing the virtues of a Barack Obama economic vision that invests in the middleclass.

This Reference (edited) found at The Huffington Post –

Obama Launches Own 'Joe The Plumber' Robocall
Sam Stein – The Huffington Post, October 18, 2008

Barack Obama's campaign is trotting out its own "Joe the Plumber" to counteract efforts by John McCain to make inroads on the white working class vote.

A reader in Colorado sends over word that the state Democratic Party and the Obama camp are blasting out robocalls from "Joe Martinez," a plumber in Colorado who vouches for the Illinois Democrat's tax plan.

A spokesman for the Colorado Democratic Party confirmed the robocall and said he would try to track down audio. The rough script goes like this:

"...During this week's debate, Barack Obama talked about cutting taxes for
middle class families like mine, lowering health care costs for everyone and
bringing the change we need in Washington. John McCain ignored the issues and
used the debate to launch false attacks against Barack Obama. In fact, McCain -
for the third debate in a row - didn't even say the words 'middle class'. So,
take it from Joe the plumber, if you want a president who will put middle class
families first - join me in voting for Barack Obama. Paid for by the Colorado
Democratic Party...."
Reference Here>>

What "Barack The Socialist" says is that 95% of all working taxpayers will receive a tax cut – only about 60% of all Americans actually pay taxes so this means the rest of the taxpayers will receive a “tax credit” in the mail. If a taxpayer did not pay money into a tax system, a tax credit is wealth redistribution, which is WELFARE … or socialism.

This excerpted and edited from the Los Angeles Times -

McCain Compares Obama's Policies To Socialism
By BOB DROGIN and MARK Z. BARABAK Los Angeles Times - October 19, 2008

John McCain sharpened his attack on presidential rival Barack Obama's economic proposals Saturday, accusing the Democrat of seeking to turn the United States into a socialist country and convert the IRS into a giant "welfare agency" that would dole out cash at Washington, D.C.,'s discretion.
----
In recent days, McCain has seized on a comment that Obama made in defending his tax policies to Samuel J. Wurzelbacher, an Ohio man now better known as "Joe the Plumber." Obama, who was canvassing Wurzelbacher's neighborhood last weekend, told him: "When you spread the wealth around, it's good for everybody."

Delivering a national radio address before setting out for stops Saturday in North Carolina and Virginia, McCain said Obama's approach "sounded a lot like socialism."

"At least in Europe, the Socialist leaders who so admire my opponent are upfront about their objectives," the Republican nominee said. "They use real numbers and honest language. And we should demand equal candor from Sen. Obama. Raising taxes on some in order to give checks to others is not a tax cut. It's just another government giveaway."

Obama has said that his plan would cut taxes for 95 percent of working Americans, including Wurzelbacher. McCain has said 40 percent of Americans don't pay income taxes, either because they are elderly or don't make enough money."

In other words, Barack Obama's tax plan would convert the IRS into a giant welfare agency, redistributing massive amounts of wealth at the direction of politicians in Washington," McCain said in his radio remarks.
----
For decades, Republicans have portrayed Democrats as acolytes of big government, top-down solutions. But socialist theory is more radical and arguably more sinister-sounding. It calls for collective ownership of most private enterprise and the creation of an egalitarian society. Karl Marx said that socialism was a transitional phase between capitalism and communism.
Reference Here>>

If one studies the economies of the countries that have embraced socialism as a component of their economic and governmental structure, what one finds with this practice is an average standard of living that becomes reduced. Socialism reduces incentive, investment, growth, and empowerment - the tenants of "Trickle Down Growth."

What Barack Obama aims to achieve with his tax plan besides having the Government be able to make more decisions over how one leads his or her life, is a wealth redistribution which amounts to an economic plan that can be termed as - "Trickle Across Poverty!"



No comments: