When JFK lowered the rate, the wages for workers began to stagnate and not keep up with inflation. The standard of living feel and Both parents had to work to keep the same standard of living. This has has social ramification in that drug use and crime rose because Parents no longer raised their kids like they did in the 50's.
The greed of the top earners has damaged our society. And the middle class is shrinking every year. With the exception of a couple spikes.
Now companies are abandoning the people that made them a success and paying their CEO insane wages for screwing America. The GOP is their party.
And we have had more Republicans administrations.
61% Of Voters Blame Republicans Not Obama For The Recession
Buried in the latest McClatchy/Marist poll was an interesting nugget. Although Americans are upset about the economy, 61% of those polled still think that Obama inherited the recession.
This belief Fact has held true with over 60% of those polled since Obama took office. It has been a fairly unshakable piece of data across the polls that have asked the question.
And the House Republicans?
Poll: Blame hits GOP in Congress
A record number of Americans say most members of Congress should be voted out of office in 2012 — and that frustration is especially focused on incumbent Republicans, a new poll Thursday shows.
A whopping 67 percent of voters say they want most members off the Hill, according to the Pew Research Center poll. And Republicans are by far the most vulnerable: Half of all Americans say the current Congress has accomplished less than others, and 40 percent say Republican leaders are to blame, while just 23 percent of those polled say Democratic leaders are responsible
Read more: http://www.politico.com/news/stories...#ixzz20OBt8mjk
How come when the absolute truth in in front of some people's eyes, they still said it is all Obama's fault...ARE THE IGNORANT, STUPID OR JUST BIG BABIES WHO WANT TO WIN SOOO BAD AND GET ANOTHER MELT DOWN FROM ANOTHER NO COMMON SENCE REPUBLICAN PRESIDENT?
Tax Cuts...but start two wars
Get around budgeting for military with 'supplemental war support funds'
Put in charge a fellow who ownes an Arabian Horse farm to run FEMA...and his f.u. proves how wrong that was.
Use an infeltration into the Taliban to talk 19 guys into flying into the WTC so we can start a War and make big money for Chainey and Bush families...and all their friends....I'd bet my life on this one.
How Washington goes, so goes the States...Allow HUD home to be bought with Zero down payment. Set a goal to get more Americans in Homes thann ever before.
Let Banks and Stock Market companies work together to make money.
Poor too big to fail is not only untrue, but they became too big to JAIL
Keep the interest rates so low, that any part time grocery clerk could qualiy ... with a little hellp from the bank...
You have to wonder what Banks were thinking in the back of their minds when each of these loands started to default. The bank paid off the builder with all thosse funds in all those accounts...and they were insured under FDIC...Not only did the banks get the FDIC mmoney, they got TARP!!!!
Too big to fail...Bush pleaded with congress to pass the TARP....What would havve happend if they did not....It was a black mail situation...Ther was no way in a global market you can let billions of dollars dissappear. How many retirment funds were wipped out even using the TARP...Why did't tarp money protect those folks? But that home on the books that got a loan for $180 thousand...but worth 100, is not balanced on the Banks Books...and the banks takes it back and SELLS IT AGAIN!!!!
The origion TARP was to help the house end and home owner...but Bush changed that after it passed...REALLY...REALLY
ANYone who votes republian is UNAMERICAN!