Democratic Socialists don't like President Obama's American Jobs Acts because of course the Tax Cuts, even Rep. Dennis Kucinich who's about as far to the left. That he could hug Carl Marx, likes the Tax Cuts in the AJA, I like the Tax Cuts to but I'm a liberal and generally speaking I believe Middle Class Tax Cuts are a good idea. Especially in a bad economy when there's a lack of demand and the Tax Cuts encourage Consumer Spending. I like Tax Cuts generally speaking for anyone as long as there's an economic purpose for them. Including on business's Small Business's and they aren't just passed to pass Tax Cuts. The hiring Tax Credit I don't like, business's aren't hiring because they don't want to. They aren't hiring because they don't have enough customers to expand their workforce, which is what the AJA should be intended for. Socialists don't like Tax Cuts because that means less revenue for the government as they see it and that the government perhaps wouldn't do as much. And if people have to pay High Taxes and that means everyone, to fiance a Big Government with a Welfare State to provide all of these services. So be it instead of giving the people the power which is what money is, to provide these services for themselves with their own Purchasing Power.
But anyone who calls themselves a progressive, however you define that. Whether your a liberal, Democratic Socialist or whatever, should be a fan of Middle Class Tax Cuts. Especially when they are struggling to just get buy and not ahead and should also be able to understand. That Tax Hikes on the Middle Class when they are struggling, is regressive the opposite of progressive. So I believe socialists who consider themselves progressive, should like the Tax Cuts in the AJA, as well as the National Infrastructure Bank. Which would fiance around 200B$ in Infrastructure Investment that we badly need even if its just a Down Payment on our bigger infrastructure issues. But definitely a step in the right direction.
This notion that the American Jobs Act "will end up pushing the GOP Agenda", is completely bogus. Anyone who's been following the House GOP Leadership that now runs the House. As well as the Senate Republican Leadership thats still in the minority in the Senate. Understands that the GOP Economic Agenda is centered around Deficit Reduction, Entitlement Reform, cutting Federal Regulations. And eliminating or seriously reducing the Corporate and Estate taxes. No republican would right the AJA the way it was written, so to suggest that the AJA will push the GOP Agenda. Is a socialist cheap shot.
Click on the link of the blog to see a video with another take on the American Jobs Act