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SEEKONK, MASSACHUSETTS, United States

Tuesday, December 19, 2017

TRY TO REMEMBER...WHEN THE DEMOCRATIC LEADERSHIP WAS USEFUL.

THIS IS PART OF AN ARTICE I WROTE PRIOR TO THE 2016 ELECTION.
CAN YOU SEE ANY SIMILARITIES BETWEEN THEN AND NOW?

Over the last Eight Years we have seen Progressive Democrats support
an Economic Policy that included;

-  An increase in the Federal Minimum Wage of 7.25/ hr.
Which was opposed, and killed, by Congressional Republicans.
( However, on the State Level, there are examples of Minimum Wage
Guidelines that the Republican Party couldn't stop).

-  Expanding the Time Period for receiving Unemployment Benefits, to
   Temporarily Relieve Financial Distress associated with Job loss.

-  Financial Relief for crippling costs incurred through Higher Education.

-  Consumer Laws protecting Americans from predatory practices by
    Dishonest Marketers.

    Of course this list does not include the AFFORDABLE CARE ACT,
    which resulted in Millions of Americans obtaining Medical Care
    Insurance that would not result in Crippling Debt, or a Dramatic
    Decrease in Their Quality of Life.

The Republicans, besides attempting to stop all of the above, stuck with the old "TRICKLE DOWN THEORY" OF ECONOMICS. Lets see what that includes:

TAX BREAK INCENTIVES, WHICH ALLOWS THE RICHEST AMERICANS TO RETAIN MORE OF THEIR WEALTH, WITH THE HOPE THAT THEY WILL PUMP THAT MONEY BACK INTO THE ECONOMY.

TO RECEIVE THIS INCENTIVE, ARE THEY
REQUIRED TO:

-  INVEST IN SPECIFIC INDUSTRIES THAT ARE STRUGGLING?- NO.

-  FINANCIALLY SUPPORT CORPORATIONS WHO PROVIDE A LIVING WAGE, OR A MEDICAL PLAN FOR THEIR EMPLOYEES?- NO.

-  ONLY SUPPORT AMERICAN BUSINESSES, INSTEAD OF TAKING THE FINANCIAL WINDFALL OVERSEAS?-  NO.

THESE TAX BREAKS ARE BASED ON THE "HOPE" THAT THEY WILL BE USED TO BENEFIT THE COUNTRY AS A WHOLE.

However, don't worry. If these incentives are used unwisely, and the MONEY DISAPPEARS, ALL IS NOT LOST. 

CORPORATIONS FORMED ARE PLACED INTO 
BANKRUPTCY, MEANING THE AMERICAN PEOPLE 
ARE FOOTING THE BILL FOR POOR MONEY MANAGEMENT.

AS FOR THE WEALTHY INDIVIDUALS WHO RECEIVED THE TAX BREAK BENEFITS, AND LOST THE MONEY? THEY WILL JUST DECLARE THESE LOSSES ON THEIR INDIVIDUAL TAX RETURNS, AND BASICALLY GET IT ALL BACK.

THE REPUBLICANS- WHO ARE THEY FIGHTING FOR AGAIN?