McCainonomics Are Third Term Bushonomics With A Vengeance

McSame wants to continue the Bush regime's third term with tax cuts for the rich and corporations so they get richer while regular hardworking Americans are on their own.
 
J. Sid with his multimillionaire heiress wife, a private corporate jet, seven homes, $520 shoes (granted a bit less than Dubya's hand made $1,000 Italian shoes from the same cobbler who made Saddam Hussein's shoes, and $2,000 plus suits...wonder how much Sid's cost?) was never in touch nor could empathize with regular people.  He is an effete elitist.
 
Via WonkRoom comes McCainonomics which is third term Bushonomics with a vengeance: more for corporations and the rich, typical American families are the losers

"In a new report from the Center for American Progress, Senior Fellow Scott Lilly chronicles the "extraordinary transfer of wealth that took place between ordinary households and the extremely well-to-do" during the past eight years under President George W. Bush.

"Under Bush's mismanagement, workers' real wages have declined even as corporate profits have skyrocketed, bountiful surpluses have been squandered into deep deficits, and the real engine of sustainable American growth ”the middle-income American family ”is straining under household debt, record gas prices, and the spiraling costs of health care.

Be sure to check out the charts in Scott Lilly's report that show:

Household incomes are down:

Corporate profits are up:Corporate Prifits Up

The richest 1% of Americans experienced the greatest income growth:Richest 1% s Share

"And yet, McCain wants to double Bush's tax cuts for corporations and the richest Americans, increase the deficit with budget busting tax breaks, and burden middle class families with a flawed health care scheme that would raise taxes on many and deliver worse coverage to most. For American families, Senator McCain would do aheckuva job."

Any typical hardworking voter who casts a ballot for McSame is voting against herself or himself.


 

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