By: Bryan

Bryan — Tue, 28 Oct 2008 01:45:18 +0000

We end up hurting ourselves. We are shelling out billions to banks and there is absolutely no evidence that they intend to lend any of it, and a lot of evidence that they are going to hoard it to improve their balance sheet.

The markets are getting hammered by institutions trying to convert assets to cash, and every time it drops more people are pulled into the black hole of the market.

We need to get the money moving. We need people buying to generate some demand. There is no way to jobs will be created until there is a demand for goods and services. There are rumors of sales already starting in anticipation of a total lack of Christmas buying. We are in a mess, and no one wants to admit how bad it really is.

By: Badtux

Badtux — Mon, 27 Oct 2008 22:34:01 +0000

Please don’t bring these “facts” thingies into the picture. This is the post-factual world, where facts don’t matter, only ideology matters. Ideology says that poor people are poor because they don’t work hard — nevermind that there’s no data to support that notion and indeed all the data show that the poor work even more hours at harder and more menial jobs than other Americans — and thus giving tax breaks to the working poor is just rewarding laziness. The notion that there are good hard-working people who are poor because of deliberate government action transferring wealth from working people to the Paris Hilton class? Class warfare! Class warfare! Well yeah. Except it’s the Paris Hilton class of leaches who are doing the warfare…

It’s all about spite, and all about hurting people. That’s the only thing that matters nowdays. Hurting people. Who can you cause pain to? We have become a nation of sadistic bastards using nonsensical ideologies to hurt other people for no reason other than that we like hurting other people, and nobody seems to notice, or give a shit if they do notice.

– Badtux the Disgusted Penguin

Comments on: Taxes and Jobs

By: Bryan

By: Badtux