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A badly decaded infrastructure due to loss of tax money to finance it, and the resulting loss of US competiveness causing loss of jobs and lower wages. A badly degraded educational system making US students and workers less competitive and paid less. Less fed revenue going to states therefor states raising taxes, fees and gutting services. And all this so the plutocrats can pay less taxes and make more billions to speculate in offshore in financial and commodity bubbles. =============== “…a world-class source of high-value jobs…” [Feb, 2010] Ed Rendell, former Dem gov of PA., travels the country explaining how crucially important it is for the United States to rebuild the infrastructure that has deteriorated so badly that it is threatening the nation’s economic viability… ‘In indiana we more than tripled the amount in the capital budget, from $200 million a year to $700 million a year…’ Infrastructure spending is a crucial investment… — ‘and it’s a world-class source of high-value jobs…’ China is building a network of 42 high-speed rail lines, while the U.S. has yet to build its first." . . Cut taxes? Then how to pay for this massive infrastructure rebuild so badly needed in America? . . "Estimated 5-Year Infrastructure Investment Needed in Billions of Dollars, Charted by Category.” Total needed: $2 trillion over 5 yrs. US infrastructure gets a grade of D, A being the top rating. “The United States came in about 24th place in most school subjects [on the global PISA test of 15-yr-old H.S. students. …face the brutal truth that we’re being out-educated.” The average math scores of American students put them below 30 other countries. Math Test: Shanghai (China) 600, 1st place, Singapore 562, Germany 513, US 487. Reading Test: US @ 17th place. Science Test: US @ 23rd. . . For decades the US “faced a growing gap in education and skills that we tried to fill with debt and credit, which gave us the illusion of growth. “As U.S. manufacturing declined, starting in the 1980s, Congress and successive administrations focused instead on the financial sector and relied on debt—its own and that of the U.S. consumer—to foster economic growth.” . .
Those at the bottom tax bracket received a rate cut from 15% to 10%. That is a greater percentage than the top received--39.6% to 35%. So they were for the average person, not just the rich. Of course, 47% of our citizens don't pay income tax. They benefited from an improved economy with low unemployment (around 5%) until the sub prime mortgage crisis hit. And that was a scheme of the Democrats.
Well during the eight years of Bush leadership I received a check for $300 in stimulus. However, my taxes increased, my property taxes increased and my state taxes increased while the value of my home decreased significantly. We seem to be paying more for groceries and we are flooded with cheaply made imports that costs more.
I lost a very well paying, but high stress job during the Bush years. Now I don't have much money, but the benefit is that I have less stress now.
Adams was told that neither Queens Memorial Hospital nor Kapi'olani Medical Center had any records of Obama's birth at their medical facilities: "Senior officers in the City and County of Honolulu Elections Division further told me on multiple occasions that Hawaii State government officials had made inquires about Sen. Obama's birth records to officials at Queens Medical Center and Kapi'olani Medical Center in Honolulu and that neither hospital had any record of Senator Obama having been born there, even though Governor Abercrombie is now asserting and various Hawaii government officials continue to assert Barack Obama Jr. was born at Kapi'olani Medical Center on Aug. 4, 1961." "We called the two hospitals in Honolulu: Queens and Kapi'olani," Adams stressed. "Neither of them have any records that Barack Obama was born there." Read more: Hawaii official now swears: No Obama birth certificate
I would provide you with the link showing their wealth creation but I've done that before and you refuse to accept the economic facts.
Bend over and grab your ankles and i will show you.
Unemployment lingering at 9%, and a massive debt. Oh wait, you asked for benefits.....never mind.
Since Obama decided to extend them,I guess that means most Americans.