Over the past 60 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:
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The Republicans are always complaining that US tax rates are too high, but the facts don’t support this idea. They frequently quote the top “Marginal Tax Rates,” which is 35%. However, this tax is only paid if you make more than a certain amount, and it only applys to the last dollars made. If you actually look at the amount that people pay, the average is only 18%.
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The Iraq War is second most expensive war in US history after World War II and the only war in history not paid for by increased taxes. Rather than cutting spending or instituting a tax to pay for the war, Bush cut taxes and put the cost on the credit card.
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The Republicans keep touting Tort Reform as a way to save money. For example, some of them say it would save $124-billion by reducing defensive medicine. This number has been debunked by the CBO.
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I keep wondering why I see so many rabid spewing hatred on television and the internet. But then you listen to their arguments and the answer is obvious. They trying desperately to compensate for the fact that their party and ideology is simply in a death spiral.
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Republican favorability has declined 29% of the last 16 years, while Democratic favorability has improved by 10%.
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Republicans like to hype how good Fox News’ rating are, but that only works if you leave out the Mainstream Media.
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Republicans like to brag about the popularity of Conservative Media outlets such as Fox News, however, Fox News is only popular in the oldest demographic
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