Search SEARCH

What does it tell you about the Election that Obama, Romney, Ryan support Free Trade & cutting Social Security?

Paul Ryan wants to raises taxes on the middle class, cut them for millionaires. Paul Ryan’s infamous budget — which Romney embraced — replaces “the current tax structure with two brackets — 25 percent and 10 percent — and cut the top rate from 35 percent.” Federal tax collections would fall “by about $4.5 trillion over the next decade” as a result and to avoid increasing the national debt, the budget proposes massive cuts in social programs and “special-interest loopholes and tax shelters that litter the code.” But 62 percent of the savings would come from programs that benefit the lower- and middle-classes, who would also experience a tax increase. That’s because while Ryan “would extend the Bush tax cuts, which are due to expire at the end of this year, he would not extend President Obama’s tax cuts for those with the lowest incomes, which will expire at the same time.” Households “earning more than $1 million a year, meanwhile, could see a net tax cut of about $300,000 annually.” http://thinkprogress.org/politics/2012/08/11/677171/12-things-you-should-know-about-vice-presidential-candidate-paul-ryan/ Obama: As president, however, he has come to believe the news media have had a role in frustrating his ambitions to change the terms of the country’s political discussion. He particularly believes that Democrats do not receive enough credit for their willingness to accept cuts in Medicare and Social Security http://www.nytimes.com/2012/08/08/us/politics/obama-is-an-avid-reader-and-critic-of-news-media-coverage.html?_r=1&pagewanted=all Jane Hamsher, Fire Dog Lake: From the moment he took the White House, the President has wanted to cut Social Security benefits. David Brooks reported that three administration officials called him to say Obama “is extremely committed to entitlement reform and is plotting politically feasible ways to reduce Social Security as well as health spending in March of 2009. You can only live in denial for so long and still lay claim to being tethered to reality. http://www.commondreams.org/view/2012/07/30-11 Paul Ryan has supported every Free Trade Bill http://www.ontheissues.org/House/Paul_Ryan_Free_Trade.htm The Obama administration is behind these policies being secretly negotiated by Corporations in the Trans Pacific Partnership (Free Trade Pact): Limit how U.S. federal and state officials could regulate foreign firms operating within U.S. boundaries, with requirements to provide them greater rights than domestic firms; Extend the incentives for U.S. firms to offshore investment and jobs to lower-wage countries; Establish a two-track legal system that gives foreign firms new rights to skirt U.S. courts and laws, directly sue the U.S. government before foreign tribunals and demand compensation for financial, health, environmental, land use and other laws they claim undermine their TPP privileges; and Allow foreign firms to demand compensation for the costs of complying with U.S. financial or environmental regulations that apply equally to domestic and foreign firms. http://www.commondreams.org/headline/2012/06/13-5

Asked By: Richard V - 8/12/2012
Best Answer - Chosen by Asker
It tells me that I was right to think we are screwed either way. The international bankers win, we lose. That's America these days and very few politicians would stand up for the American people.
Answered By: Revenge - 8/12/2012
Additional Answers (0)
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Jobs.Quick-com
Earn $95/hr Bookkeeping Right From Home. Free Video Explains All!
Accounting-and-Bookkeeping-Tips.com
Click. Search. Apply. Free!
www.JobDiagnosis.com
Jobs hiring now near your local area. Find a job and apply now.
www.HiringLocally.com

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-307
eTrustLogo