To Cut or NOT: Okay, what do I know about economics but this is how I feel and sent the below on to Obama who has a web page for ideas. I cannot help but feel these tax cuts are RIDICULOUS and he is pandering to Republicans. I KNOW some will disagree. Fine no problem. This is not eloquent but just stream of conscious and obviously just my opinion. It springs from a feeling I have which I find funny because I hate economics but sometimes I get it right odly enough. AND on I think it was PBS someone else who knew what she was talking about said the same thing about tax cuts after I had thought about it awhile ago.

So I said.


Personally, I have a feeling that tax cuts will do NOTHING. The Bush tax cuts did NOTHING. In this type of systemic downturn people will NOT spend the few extra bucks they have from a tax cut except to pay a bill or two. When things are THIS precarious tax cuts are NOT the remedy. I am against tax cuts really for anyone but MOST especially am against tax cuts for the very wealthy. How many times do we have to get burned to realize this so called "trickle down" effect did NOT work. It trickled down alright and not to the average person or to the middle guy. Truth is trickle down means trickle down into the already wealthy's pockets to buy the wealthy's toys like a new boat or a new or two BMW'S or three or 17 houses. It does NOT necessarily go for more jobs.

The tax cuts are not enough to do anything. We need rather (1) STRICT regulation of financial markets (2) stop unnecessary wars (3) curb spending for new weapons and war which is hugely costly (4) pay down the deficit and not create more and (5) use government money to yes create infrastructure, repair roads, bridges etc and work on global warming, alternative energy and stem cell research, and MOST importantly health care.. THAT will create jobs. Tax cuts do nothing.

If anything we need a tax increases. THAT would do the trick in paying down the deficit, get more money for infrastructure, alternative energy. reduce need to borrow from foreign countries and reduce our need to print more money increasing scary inflation of the 1929 German Weimar Republic type.

How to sell it is the problem. People need to know we are in deep trouble and that we cannot just keep raising our debt. We must pay for our government's immoral decisions over the last eight years and even more. We simply have to if people want to enjoy the things that government can give us like infrastructure, medical advances, health care and alternative energy, stemming of global warming.

I believe the American people IF YOU TALK TO THEM can understand the WHY of things. Try a fireside chat. It helped Roosevelt it just may help us!