Thom Hartmann: What America Has Given Up For 10 Years of Bush Tax Cuts

Run time: 08:53 https://www.youtube.com/watch?v=nWv13-RkqPo   Posted on YouTube: June 08, 2011 By YouTube Member: TheBigPictureRT Views on YouTube: 110   Posted on DU: June 08, 2011 By DU Member: thomhartmann Views on DU: 909

 
For more signs that we are in a Great Depression and not just a Great Recession - consider this fact - today - over 6 million Americans - more than 45% of all the unemployed in our nation - have been out of work for more than 6 months - a higher percentage than during the Great Depression. Not to mention an unknown several million other people - the 99ers - who have been jobless so long they’re not eligible to receive unemployment benefits anymore. There are two Americas today - one comprised of the working class that’s in the grip of a Second Republican Great Depression - and the other comprised of millionaires and billionaires who are unscathed thanks to the Wall Street bailout. And the news media - filled mostly with millionaires - don’t want to discuss this reality. But I do

Between 2001 and 2010 - The Bush tax cuts cost our economy two and a half trillion dollars! That's two and a half trillion added on to our debt that Republicans today are screaming is way to high. And that money that SHOULD have been flowing through our government and then through our economy - mostly went into the hands of the very few and the very rich. In fact - nearly a third of all the Bush tax cuts went to the top 1% of Americans.

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check
www.thomhartmann.com/tv for local listings

We could have put Dubya in the stocks on the White House lawn and paid people to throw tomatoes at him 24/7. Everyone in line gets 10 seconds to aim and hurl two tomatoes (93 cents) and then they get $72 for their efforts. How much you think that would have stimulated the economy?


Edited to add: No charge for yelling "stupid fucker!" as you send your red orb on its journey.

with tomato juice! I like it!

Military spending went from $450 million to $ 1.2 billion per year.

And Mr. Change has continued Bush policy. Might as well have had a third term. Although I doubt Bush actually won in 2000 or 2004.

I believe it was more like per month, not year.

Thanks! What was I thinking?

nt.