Fact: Since George W became president the economy has taken a downward turn. He's the first president in 50 years to have the number of jobs in America decrease each month of his presidency instead of increase. (-130,000 a month last I checked).
Fact: George W's foreign policy has alienated much of the world community.
Fact: For every 3 people looking for a job, only 1 job is available. (To me that sounds like 67% of job hunters are SOL)
Fact: A 4000% increase in taxes for a 40 K household would mean that they would be paying more in taxes than what they earned. (In other words 'not possible')
The left and right endorse polar economic models. The left favors welfare programs that reallocate some wealth to poorer individuals. The right favors tax cuts that returns money to individuals in proportion to their wealth. Therefore the richest 5% receive 50% of the tax cut. Welfare programs give money to those who have to spend it to survive. That money is going to be spent. Tax cuts give money to those who don't need to spend it...they might but it is not of necessity. Therefore, to put the greatest amount of money back into the economy welfare programs are the most beneficial.