No more trickle down
Dear Editor,
I believe (Dick Trail) is confused in (his) analysis of Senator Obama and his tax cuts. With more than 600,000 Americans who have lost their jobs since January, ask them if they pay taxes or get tax credits? Didn't Bush just send everyone a check for $600? Where did he get that? Print more money?
The recent financial disaster ... from the collapse of Freddie and Fanny to the historic drop in the stock market ... are not from just a string of bad luck. They are the result of years of bad decisions made in favor of big corporate special interests and right out of the pockets of America's working families. Could another 1929 be upon us?
And, talk about a transfer of wealth, we have spent 925 billion in Iraq, and (are) still spending 10 billion a month there. And if you like high gas prices, then vote for four more years of the same you've had the last eight.
Yes, for eight years our now-present economic policies have favored reckless deregulation and huge loopholes for big corporations.
Now as the corporations crumble, American taxpayers are facing costly bailouts. Our economy needs to be reinvigorated from the bottom up, not the top trickle down. We do not need more of the same failed ideas to solve our present economic problems. "That is the way I see it."
Respectfully,
Jerry Owens,
McCook