Thursday, December 14, 2017

The Damn Tax Bill Edges Closer to Passage

dropping the corporate tax rate to 21% sans any reciprocal obligations only incentivizes US Corporates to accelerate exporting US Jobs to low wage offshore providers. A generation ago, the process began under Ronald Reagan with the wholesale decimation of the manufacturing sector (in part to destroy "the tyranny of the closed shop") now that same "ship em' out" ethos is denuding the financial sector of thousands of mid level jobs.  A 21% corporate tax rate is nothing but a bright clear blood red signal for one last apocalyptic impoverishment of the working & middle classes in the USA and once the dust settles pull up the ladders lock the doors and shoot anyone who dares cross the moat without a signed pass.
A Cheeful Little Earful, Happy Holidays to All.

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