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Author: huibs Big gold star, 5000 posts Old School Fool Ticker Guide SC1 Red Motley Fool One Everlasting Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1961016  
Subject: ..Exposing GOP Madness.. Date: 7/18/2011 12:17 PM
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..dear republicans,

..please get out of the way..


It's no mystery how the US got to this point. In 2000, Bush inherited a budget surplus, only to implement massive tax cuts – with the most going to those who needed it least – launch two wars and oversee a recession that turned into a slump, thanks to a huge banking crisis.

The Republican plan aims to put the burden of these military follies and that economic mismanagement on the backs of those who have suffered the most from them and bear the least responsibility for them: the poor.

Take food stamps: assistance given to those in the wealthiest country in the world who are so poor they do not have enough to eat. Between 2008 and 2011 the number of those living on food stamps increased by almost 50%, putting one American in seven in the programme. The Republicans would like to trim that budget by about 20%. They have also voted to cut another health and nutrition scheme for poor pregnant women, infants and children by 11% and to cut healthcare benefits for the elderly. They would rather do all this than raise taxes on corporate jet owners, hedge fund and private equity investors and oil and gas companies.


http://www.guardian.co.uk/commentisfree/2011/jul/17/us-defau...
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