Letter: Republicans are sabotaging economy by Barrie Johnson
Romney, Boehner and the rest of the Republican leadership finally realized that their war on women was a losing proposition, so they refuse to talk about it, insisting that their only interest is creating jobs.
Let’s look at the record. Senate Republicans filibustered every jobs bill to death. House Republicans voted against every jobs bill because it would be paid for by a tax increase on the rich. All this is on record and can easily be fact checked. Instead of trying to create jobs, they attack health care, female reproductive health care and even birth control availability, anything to arouse the emotions with wedge issues to make you forget about jobs and the economy.
They claim that the corporate tax rate of 35 percent is stifling jobs. What they don’t tell us is the effective rate is only 12 percent, and some corporations, such as G.E, pay no tax at all. They know they cannot regain the presidency if the economy is good, so they are doing their best to insure it is not. They openly admit their primary goal is to insure Obama does not get reelected. Their every action and statement is designed to slow our economy to achieve that goal. Any single individual working so actively against his country would be arrested for treason.
The 310 million working class Americans are also Americas’ consumers. The rich may buy a few more mansions, a half dozen Porsches and an ocean-going yacht, but that is a pittance in comparison to the ongoing daily purchases of food, clothing, housing, cars, education and health care of 310 million people. If we can continue purchasing, the economy will flourish. If we continue losing jobs and purchasing power, it will not.
One would think that corporate management would realize that destroying the purchasing power of their consumer base is a bad plan. Unfortunately, corporations are owned by shareholders who have no interest or knowledge about the company and demand high returns on their shares today, because they will probably sell those shares tomorrow. With such management practices, good corporate citizenship is not possible.
Barrie Johnson, Exeland