^^^So true! I would rep you but I have been to generous in the last 24 hours. Given out to many rep points. Still very true!
it's sooo much worst than that, most have no clue because they get most of their info from televised media stations that spout the rhetoric and propaganda that is soothing to their ears.
here are just a couple:
the US fed gov hands out twice the amount of monies spent on welfare to people to US large firms, including Walmart the most profitable company in world history along with other Fortune and Global 500's. yes US taxpayer monies going to reduce the financial "burden" on these company's...
the effective avg corp tax rate at 2% is at a 40-50 year low, while profits are at all time highs. US large firms us tax shelters in the Cayman Island (Rommney, etc.) and other known tax shelters to avoid paying federal income tax. US tax rates are the LOWEST out of all highly industrialized wealthy country's in the OECD...and the stooges on the Hill constantly fight to get these rates lowered with the lamest excuse of them all being "they need these monies to stay competitive" with other firms in other country's.....an interesting twist on capitalism and "free markets"...
many US large firms take out insurance policies on their workers w/o the employee knowing (why is this even legal?), called "dead peasant" policies. the added expense of the premiums lowers their taxable liabilities, boosting profits and share prices. upon death of the worker these monies are used to fund bonuses for executives, etc...they do not go to the family...
US defense contractors use prison labor at wages ranging from $.23 to $1.15 an hr to assemble various components for
missile systems, body armor, helmets, etc. and other goods for US military use and for sale to other country's. Company's like Boeing, Lockheed Martin, General Dynamics, etc. some very profitable company's that were just about all named in the corp tax dodger report released several months ago. these company's along with wallstreet banks paid their lobbyists and worked with ALEC to get the 3 strikes rule passed for non-violent offenders, which account for about 75% of US prison populations and to get more than half of US states to privatize their prison systems for profit. All these things started in the 80's, the same time that unions were being busted and "crack" cocaine first made it's appearance in the US.
http://www.fas.org/sgp/crs/misc/RL32380.pdf
...there is no such thing as "free markets" in reality. the US is a low tax country, the US doesn't trade for shit and trade liberalization agreements between the US and other country's only effect "specific" sectors of the economy. US goods are assembled out of the US and imported tariff free mostly for household goods and items that are consumed by those in the 3 lower income quintiles. the top 5% account for 35% of US consumption while the bottom quintile accounts for 5%. the amount of income earned directly correlates with the ability to
save and build wealth which allows current consumption NOT fueled by debt.
just because you are told a lie over and over and over doesn't mean you have to believe it...