I’m just a little old voter from southwest Georgia and don’t know a whole lot about economics—actually got a “B” in the class several years ago, but by the hair on my chinny-chin-chin. Twelve years ago the Bush administration implemented tax cuts with the surpluses left by the Clinton administration. I know exactly where my tax cuts have gone over the last few years—they have been re-injected into the economy through the purchase of higher food and fuel, and several other consumer products.
I as a citizen would like to know where the tax cuts that were given to corporate America have gone—the tax cuts that were supposed to trickle down. In the last twelve years we have seen fuel prices increase, food prices increase, the housing industry collapse, the banking industry near collapse and then close its doors on struggling Americans and we have seen no substantial jobs increases. I keep hearing that businesses are afraid to invest in this economy. Well, they were not afraid to take the tax cuts. And, they were getting the tax cuts when the economy collapsed and they have continued getting them for the last four years.
I for one want to know, WHERE’S THE MONEY we gave you in the tax cuts over the last twelve years? We cannot even attempt to discuss the economy or extending tax cuts (that are lower than mine) for the rich without first answering that question.