Thursday, October 6, 2011

GOP: I don’t have the facts to back this up…

“I don’t have the facts to back this up, but I happen to believe that…” is how Herman Cain began his idiotic attack on Occupy Wall Street.

Beginning a statement in this way begs the question: If you don’t have the facts to back it up, then why are you stating it in public? Why should anyone listen to anything you say?

“I don’t have the facts to back this up…” is the rallying cry of the Republican Tea Party. They have no facts to back up any of their misguided beliefs yet they continue to act like they’re the ones who know best for the rest of us who actually are informed.

Speaking of facts; here are five facts about the top 1% that should help you to understand the mind-boggling level of inequality in this country that has sparked the Occupy Wall Street protests.

Especially take a look atFigure 1” and see how inequality has grown to Great Depression levels since the “Reagan Revolution.” The good ol’ days of the ’50s and ’60s were actually a time of more regulation and higher taxes.

There are absolutely no facts to back up the right wing idea that low taxes on the rich boost the economy or creates jobs. It just doesn’t work in reality.

source

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