"Job Creators"

After all, as of last week, as per the website Zero Hedge and data analysts Capital IQ, 29 public companies -- including Bank of America, JP Morgan Stanley, Goldman Sachs, GE and Warren Buffett's Berkshire Hathaway -- each have more cash on hand than the U.S. Treasury. And as Citigroup's Peter Orszag, former director of Obama's Office of Management and Budget, wrote on July 13, we need to be "as bold as we can." Says he, "The right policy response is a combination of more aggressive attention to bolster the job market now and much more deficit reduction enacted now to take effect in a few years."
So why not make a sacrifice bigger than a nice hefty grant to Mount Vernon or the historic location of your choice and commit instead to finding employment for at least some of the 14.1 million out of work? After all, the Republicans keep telling us these corporations and their rich executives and stockholders need every last one of their outlandish tax breaks -- because they're job creators!

Yeah, right. In May, when Fortune magazine released this year's list of America's top 500 companies, its editors wrote, "The Fortune 500 generated nearly $10.8 trillion in total revenues last year, up 10.5 percent. Total profits soared 81 percent. But guess who didn't benefit much from this giant wave of cash? Millions of U.S. workers stuck mired in a stagnant job market ... we've rarely seen such a stark gulf between the fortunes of the 500 and those of ordinary Americans."
In June, a report from Northeastern University's Center for Labor Market Studies found that since the economic recovery began two years ago, "corporate profits captured 88 percent of the growth in real national income while aggregate wages and salaries accounted for only slightly more than one percent." It goes on to declare, "The absence of any positive share of national income growth due to wages and salaries received by American workers during the current economic recovery is historically unprecedented. The lack of any net job growth in the current recovery combined with stagnant real hourly and weekly wages is responsible for this unique, devastating outcome."
The report concludes that in this jobless, wageless recovery, "The only major beneficiaries of the recovery have been corporate profits and the stock market and its shareholders."

[Source]

To quote the great Fannie Lou Hamer, "I'm sick and tired of being sick and tired."  Every day I turn on the T.V. and I seen Republican politicians going on and on about "the Job Creators" of our nation.  Their code word for rich people.  I keep hearing about how we can't raise the corporate tax rates because it will kill economic growth.  Never mind that taxes are as low as they've ever been, and have been this way for the better part of a decade, never mind that wages have been stagnant for the better part of 3 decades, never mind that unemployment is as high as it's been in my lifetime.

No you can't raise taxes on the rich.  That's what they tell me.  You can cut health insurance for old and poor people, you can kick people off welfare, stop paying unemployment, ignore returning war veterans, fire teachers, police officers, firemen, anything but raise taxes a single dime on the richest among us.  It's a wonder why people stop paying attention to politics.  On the one hand you have Republicans pissing on our heads and telling us it's rain, on the other you have Democrats offering an umbrella with holes saying it's better than nothing.