Sunday, October 2, 2011
The Inconvenient Truths About the Economy and the GOP
First Trust chief economist Brian Wesbury's 2nd Quarter GDP research reports...
"Corporate profits were also revised up slightly, to a new all-time record high. Profits were up at a 13.7% annual rate in Q2 and are up 8.5% versus a year ago."
How's that for an inconvenient truth for the GOP, for their big business puppet masters, and for the inexplicable non-two-percenters who defend them both?
So where are the jobs?
Where's the recovery?
Greta? Gretchen? Shawn? O'Reilly? Anyone?
Herman? Michele? Rick? Mitt? Sarah? Anyone?
How come none of them talk about this?
Corporate profits are at historic levels, as is the wealth gap. Taxes are already at historically low levels, as are interest rates on credit for those rich corporations and individuals who have access to it and the neo-cons, Randians, tea baggers and the GOP want to blame all of our problems in our economy on, what, overpaid civil servants, the 11% of American workers still in a union, illegal immigrants, and the poor and working poor?
Isn't that just a little bit ridiculous?