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Facts have clearly demonstrated that tax cuts benefit the rich and yet the dominant conservative economic philosophy insists that we all benefit. It's so strange how governments can give more money to the already stinking rich people, yet when one of their crucial role is levelling off inequalities. Governments who do this are corrupt and deserve to be voted out of power. That's an example of bad economics.
Interesting to hear what the supporters of conservative economics say!!
2 comments:
It makes abosolutely no sense. Here is a country that preaches human rights and equality among its people and WOLLA! they stab them in the back with huge taxes for the minority. the fact is all forms of government is corrupt - not just the so called corrupted African leaders; the only difference with them is that they are openly corrupt as in openly steal public money without using economic tricks like "tax -cuts". The only problem with Africa is that half of the money goes to the govt the other goes to western companies and pittance go to the people. I just hate the hypocrisy of the government here!
We must tighten scrutiny of our governments to hold them accountable. I think a bottom up approach as is practiced in Porto Alegre, Brazil where the city residents are heavily involved in running the city, is a system people might want to adopt. If the residents are involved in all stages of public administration then it would help to minimise or even eliminate this stinking corruption.
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