A New Series & Our Latest Stab At Capturing The Madness Of Our Times In Nine Words Or Less
From Doug Draper
Posted May 27th, 2016 on Niagara At Large
Like it or not, we live in a world of bumper sticker slogans and of tweets people fire back and forth to one another that don’t often contain many more words than you can fit on a bumper sticker – regardless of how complex or controversial the topic being addressed in those venues may be.
It’s no wonder so many newspapers and magazines are circling the drain. Fewer and fewer people seem to want to take the time to read anything that contains any more than a few dozens words unless they are forced to in order to earn a diploma that may not prove to be a ticket to a job with a living wage anyway – especially on the Ontario side of the border.
That’s not to say that there aren’t bumper stickers out there that do a great job of summing things up in a couple of words, no matter how meaty, beaty, big and bouncy the topic may be, as Pete Townshend and the band might say.
So with that in mind, Niagara At Large is launching a new weekly series here that we are calling ‘NAL’s Bumper Sticker Of The Week’ that aims to feature dead-on slogans that speak to the madness of our times.
And I am going to start right here in the space below with a hot one I read on the bumper of a car I parked behind a few days ago in Buffalo, New York.
Putting the obvious American reference aside, it might serve as just as hot as shot at all of the die-hard, Harperite neo-cons on the Canadian side of the border who are still trying to sell a Kool-Aid that says t giving corporations more tax cuts and letting them go on using our air, land and water as a garbage dump will turn them into “job creators” for the rest of us.
Here it is.
And here is a recent Facebook message from American politcal commentary, economics professor anf former labour secretary under Bill Clinton, Robert Reich, which goes along nicely with the message on the bumper sticker, and is just as relevant to Canada, I would submit, as it is to the United States.
From Robert Reich’s Facebook Page, May 2016
Next time you hear that corporations need a tax cut, know the claim is baloney. According to a new report from Moody’s Investors Service, big American corporations are sitting on the largest pile of cash in history – over $1.73 trillion. What are they doing with it? Not investing it in new plant and equipment, not using it for research and development of new products, not distributing it to shareholders, and not sharing it with employees. They’re just stockpiling it – mostly abroad, to avoid paying U.S. taxes on it.
No one benefits from this. Stockpiling cash isn’t even helping shareholders. Apple, for example, is sitting on more cash than any other company but Apple shareholders have lost $240 billion in paper profits since its stock peaked.
So instead of cutting taxes of big corporations, corporate taxes should be on cash they’re just stockpiling.
What do you think?
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