Sunday, February 8, 2009

To Tax Cut or Not to Tax Cut. That is the question!

And I wish someone would just drive home the answer. NO MORE TAX CUTS! The Trickle Down has NEVER trickled down and keeping the rich rich has not been a successful strategy to date. So to all of those conservative idiocrats, get a clue! The time for the same old bi-partisan bullcocky has past. We do not want to waste one more minute on economic theories that have proved to be successful only in college macroeconomics classes. With no practical evidence, we just can't keep holding on to the dream of rich people not wanting to continue to be rich.

Tax cuts are a joke because, like the "W" stimulus plan, the money we got back that we were supposed to spend instead went to pay down debts we had accrued over the course the previous 7 years of Bushonomics. Even for those of us who can afford our homes but still sit in anticipation of losing our jobs or having our own entrepreneurial ventures fail, we might actually qualify for one of these tax cuts. We say to you, refocus the money and do not give it to us because I can guarantee, that the anti-spending message hits home much closer than it does in Washington. I, for one, will not be spending any stimulus refund money. I will be hoarding my cash as every financial advisor, coach, counselor, manager has suggested over the past six months. I can't reinvest and what is worse, there are only a few companies in which I could invest. I certainly couldn't put my money in the "market". I have already lost a significant amount of value in my 401K. "To make money you have to stay invested for the long term." Am I supposed to believe that in 20 years I am going get back to where I was in 2006? And I am supposed to be excited? NOT! In 20 years I needed that money to be doubled or tripled and keeping it in an unregulated slot machine is not my idea of a good investment strategy.

The worst thing we could do as Americans is not actually accept change. Let's try a new innovative approach. What's the worst that could happen? We end up back where we started and we try something else. Our new President is a smart guy. He has surrounded himself with smart people. He has tried to include as many perspectives as possible to ensure that he gets a balanced and equitable group of ideas helping us to solve problems. So let's just let that ball roll. Support the stimulus plan and make sure you voice your opinion to your Congressmen. We want OUT of this recessed depression! We want OUT of this lack of hope! We want OUT of the age of mistrust and distrust! We want CHANGE! We want it NOW and we want YOU to ensure it happens! To tax cuts, we say Bon Voyage! If we never see you again, it might be too soon. Maybe when we see one at a failed-ideas-of-the-past garage sale, we will feel a bit of nostalgia. But today we say, let the government rebuild our trust, our confidence and our hope for prosperity and a better future. That is the answer.

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