Wages are Stagnant as Prices Rise: While wages remain flat, the costs of basic necessities are increasing. The cost of in-state college tuition has grown 35 percent over the past five years. Health care costs have risen four times faster than wages over the past six years. And the personal savings rate is now the lowest it's been since the Great Depression.
Tax Cuts for Wealthy Instead of Middle Class: The Bush tax cuts give those who earn over $1 million dollars a tax cut nearly 160 times greater than that received by middle-income Americans. At the same time, this administration has refused to tackle health care, education and housing in a
manner that benefits the middle class.
Provide a Tax Cut for Working Families: Obama and Biden will restore fairness to the tax code and provide 150 million workers the tax relief they need. Obama and Biden will create a new "Making Work Pay" tax credit of up to $500 per person, or $1,000 per working family. The "Making Work Pay" tax credit will eliminate income taxes for 10 million Americans.
Note 1: Job training programs are vital to ensuring that young people entering the work place for the first time are qualified to find and maintain good paying and rewarding jobs/careers. We concur that retraining is a necessary step for workers laid off in a dwindling industry, but we also think that an increase in vocational/technical training as an adjunct of public education makes sense for 70% of high school students. Most educators regard such programs as invalid, but the absence of such programs explains why our dropout rates are so high within the public education sector.
Participants: Always on Watch; And Rightly So; Big Girl Pants; Cheese In My Shoe; Chuck Thinks Right; Confessions of a Closet Republican; Defending Crusader; Farmer’s Letters; Fore Left; GeeeeeZ; Has Everyone Gone Nuts?; Learn Something Today; Long Range; Palace for a Princess; Papa Frank; Mind of a Misfit; Paleocon Command Center; Political Yin and Yang; Pondering Penguin; Right Truth; Social Sense; The Amboy Times; The Bitten Word; The Crank Files; The Jungle Hut; The Logic Lifeline; The Merry Widow; TSOFAH