Democrats & Liberals Archives

The Contrast: Republicans vs. Democrats

The contrast between Republicans and Democrats in this campaign season is startling clear and brutishly immense. The contrast is expressed neatly with respect to taxes: Republicans want tax cuts for the rich, to be paid for by reduction of spending for the middle class. Democrats want to spend money to produce jobs for the middle class, to be paid for by curtailing tax cuts for the rich.

The Republican position is expressed well by the new Republican star, Rep. Paul Ryan. He is the only Republican to prepare an economic plan, which calls for tax cuts for the rich and reductions or eliminations in Social Security, Medicare, the new healthcare plan and a slew of other programs helpful to the middle class. When asked how he would pay for the tax cuts, Ryan said:

[W]e can cut spending to pay for it. That's the budget I brought to the floor last year, when we had a budget. So there's plenty of room to cut spending to accommodate those tax rates.

In other words, let's cut programs that help the middle class in order to pay for tax cuts for the super-rich. And Republicans always tell us they are against redistribution of wealth. It is OK, however, if wealth is distributed to the rich.

Contrast this Republican advocacy with the advocacy of President Barack Obama. The president made a Labor Day speech today in Milwaukee. Here is a report of what Obama said:

Seeking to bolster the sluggish economy, President Barack Obama is using a Labor Day appearance in Milwaukee to announce he will ask Congress for $50 billion to kick off a new infrastructure plan designed to expand and renew the nation’s roads, railways and runways.

The goals, according to the White House: “Rebuild 150,000 miles of roads — renewing our commitment to the backbone of our transportation system ... . Construct and maintain 4,000 miles of rail — enough to go coast to coast. ... Rehabilitate or reconstruct 150 miles of runway — while putting in place a NextGen system that will reduce travel time and delays.”

The measures include the “establishment of an Infrastructure Bank to leverage federal dollars and focus on investments of national and regional significance that often fall through the cracks in the current siloed transportation programs" and “the integration of high-speed rail on an equal footing into the surface transportation program.”

The president's concern is with the development of jobs for people in the middle class. For this he is asking $50 billion to come from the pockets of the well-to do. Very reasonable: The rich with their shenanigans helped bring the recession about and now that we have 9.6% unemployment for average Americans, there is only about 3% unemployment among the rich. You get money from those who have it and only the rich have it.

The contrast between Republicans and Democrats is stark. Republicans want to help plutocrats at the expense of the middle class and the Democrats want to help the middle class at the expense of plutocrats. Who will you vote for: the plutocrats or the middle class?

Posted by Paul Siegel at September 6, 2010 7:28 PM
Comments
Comment #307882

Paul

Obama already spent piles of money on stimulus. He didn’t succeed in creating many jobs for all that cash. He just drove up the debt. If he raises taxes to spend more, he probably still will not create many jobs. Government doesn’t create jobs. It just moves them around, usually to the better connected politically.

Posted by: C&J at September 6, 2010 8:23 PM
Comment #307894

C&J How much of the stimulus money is spent? According to USA today there is only 146 Billion spent, not including tax cuts. Seems to me that $275 billion in tax cuts along with the $146 Billion in spending is roughly half of the Stimulus bill original costs. Heck that isn’t even 25% of the costs of the unfunded wars the repubs/conservatives and Bush put on our backs.
Anyway the point is how can we expect to produce jobs in the private sector when the investor class and corporate America are sitting on the sidelines making up excuses about why they cannot create jobs? It seems the investor class and corporate America have become so used to sucking off the government teat that they are unable to do for themselves. Why not tax these do nothings to pay for this bill Obama is suggesting to produce jobs in this country?

http://www.usatoday.com/news/washington/2010-02-17-stimulus-funds_N.htm

Posted by: j2t2 at September 6, 2010 10:05 PM
Comment #307902

j2t2

The “investor class” wants to invest and make money. They are sitting on that money because of the uncertainty created by Obama and the Democrats. They don’t know where to invest because government might change the rules part way through.

Obama doesn’t know how to produce jobs. He just knows how to spend money. The two don’t always work out the same.

expanding the government spending didn’t work under Bush. Increasing spending is not working under Obama. Doing the same thing over and over and expecting different results is insanity. We need some new thinking.

Posted by: C&J at September 6, 2010 10:43 PM
Comment #307914

“They are sitting on that money because of the uncertainty created by Obama and the Democrats.”

Some investor class we have isn’t it C&J. Afraid to take risks, yet they are investors. Using Obama as an excuse is convenient but inaccurate don’t you think? The investor class has it all going their way guys, what do they need to invest a written guarantee that they will make a fortune without assuming any risk or liability? What good are they? The whole argument that it is the fault of Obama reeks of stupidity. How can these hedge funds, financial guru’s, corporations, and wealthy investors look at themselves in the mirror knowing that they influence both parties when it comes to legislation that affects them, have no real oversight, the most favorable tax treatment in a century and still whine about uncertainty?

“expanding the government spending didn’t work under Bush. Increasing spending is not working under Obama. Doing the same thing over and over and expecting different results is insanity. We need some new thinking.”

We certainly do need new thinking but why would we do the same thing over again and vote in the repubs/conservatives? When have they had anything even remotely connected to new thinking? The repubs/conservatives have a 30 year track record of saying one thing and doing whatever Corporate America wants them to do. They have failed dismally. Their financial ideology has failed us and we are worse off today as a direct result of their inability to govern the last time they were in power.

Posted by: j2t2 at September 6, 2010 11:55 PM
Comment #307917

BTW C&J you continue to criticize Obama for spending and negating the damage done by the repubs/conservatives during the reign of fools that lasted from 2000 to 2006. The damage done by these guys is much greater than you would have us believe. The Iraq debacle is a $3trillion dollar debacle that in large part put us in the dire financial straits we find ourselves into today. New thinking yes, more of the same conservative thinking No, not only no, Hell no.


http://www.washingtonpost.com/wp-dyn/content/article/2010/09/03/AR2010090302200.html

Posted by: j2t2 at September 7, 2010 12:10 AM
Comment #307923

Paul,
Why the Democratic and Republican Primaries have shown us two different ways to govern over the next two years. IMHO both have failed to make the case of why their side offers the best way to turn America toward the Race to the Top. Instead, we have both sides hiding behind what is best for the Corporation and not addressing what is best for the American Public in general.

So why we could go through another election of the other side is worse than we are, I hope the American Voter realizes that the same Politics of the Parents will not maje the grade or move America forward. Thus, the conservatives can complaom that raising taxes in the middle of economic trouble is a bad idea, but all one has to do is look at President Bush to see No New Taxes failure sparked the growth of the economy. Yet, the Liberals believe we should not change the way government spends money on entitlements.

Therefore, I have to give both sides a D- so far. And why I hope the next seceral days will push the Leadership of the Parties to address not only the shortvomings of the other party, but demonstrate how the Litle Steps their side want to take will lead America to having the opportunity to win the Race to the Top.

Posted by: Henry Schlatman at September 7, 2010 2:54 AM
Comment #307927

How about we cut the DOD. We outspend every other country to defend ourselves from what- and don’t tell me terrorists. Europe has their own problems with terrorists and I don’t see them falling all over themselves to spend every dollar they can get their hands on to protect themselves from groups of thugs. Think of what we could do at home with all that money.

I half-heartedly agree that neither party really knows what to do or is willing to do what needs to be done to get us out of this mess but at least the dems are trying. I see no effort from the repubs to do anything other than what has been done in the past-tax cuts aren’t the answer to everything. I have had a few tax cuts recently but haven’t used the extra money for much of anything other than to pay for increases in home owners insurance, doctor bills, vet bills, increase costs in home heating and a/c. I would like to get some things done to my home, buy the latest mobile phone, purchase the biggest package from time-warner, purchase a larger tv and a better computer, take some vacations but alas that isn’t going to happen since my salary stopped growing under Bush and has yet to recover.

Posted by: Carolina at September 7, 2010 8:58 AM
Comment #307939

J2T2 wrote; “Some investor class we have isn’t it C&J. Afraid to take risks, yet they are investors. Using Obama as an excuse is convenient but inaccurate don’t you think.”“

No, I don’t think so. Can you imagine attempting to play a game of football if, during the game, the goalposts were moved or the rules changed? It would no longer be a game of skill and training, but one of sheer luck.

Should the repcons recapture the congress in November we will see business, both small and large, flourish. The reason, the uncertainity about new government taxes and regulations on business will be eliminated. Business can flourish when they have a reasonable expectation of the rules.

Investment is all about the intelligent spending or resources based upon known factors. The unknown is what represents risk. The more that is unknown the greater the risk.

Think of your own investments. The conservative investor, worried more about the return of their money than the return on their money are seeking safe havens such as US bonds.

When corporations are comtemplating spending billions of dollars to open a new plant or invest in research they have a duty to their shareholders to make wise decisions.

The libersocialists sometimes seem to be saying that there is a person named “CORPORATION” rather than millions of middle class folks investing their own life savings that make up the corporation.

Where do you park your own money…in a bank CD, savings account, government or corporate bonds, or somewhere else? If you are relying upon a return on that investment you certainly expect the firm handling your investment to handle your dollars wisely. Why would you expect corporations to act in ways that you yourself would never condone with your own money?

Posted by: Royal Flush at September 7, 2010 12:41 PM
Comment #307940

Here’s some food for thought for both cons and libs.

One Nation, Two Deficits

http://www.nytimes.com/2010/09/07/opinion/07orszag.html?pagewanted=1&th&emc=th

Posted by: Royal Flush at September 7, 2010 1:08 PM
Comment #307941


Our economy is becoming, more and more, an investor economy. Investors are demanding that the corporations do the best they can on behalf of the investors. To do this, corporations are finding that capital investments in emerging markets offer more lucrative opportunities that the same investments in the U.S.

American workers and consumers, to a lesser extent, have become less important in the global economy and the trend will continue.

Creating jobs in America may still be politically expedient, but there is little business incentive to do so and IMO, greatly reducing or even eliminating business and investor taxes completely is not enough to reverse this trend. The laws protecting American workers and wages will still be considered a great disincentive.

Posted by: jlw at September 7, 2010 1:23 PM
Comment #307944

More food for thought…

Breaking the Chains: 6 Solutions for Ending Dependence on Foreign Oil

http://www.politicsdaily.com/2010/09/07/breaking-the-chains-6-solutions-for-ending-dependence-on-foreig/

Posted by: Royal Flush at September 7, 2010 1:41 PM
Comment #308026

RF,
“The libersocialists sometimes seem to be saying that there is a person named “CORPORATION” rather than millions of middle class folks investing their own life savings that make up the corporation.”

Yes and it is called THE UNITED STATES OF AMERICA. Any questions?

Posted by: Henry Schlatman at September 8, 2010 3:27 AM
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