Really. Just look at the news yesterday. First off the dollar hit a record low. That occurred on the same day that oil hit a record high of $98.00 a barrel (and expected to go past the $100 mark today). This sounds bad, but if you ask anyone in the administration they will tell you that the economy is doing great.

There was an even bigger indicator yesterday that the economy has hit a massive slump. That came in the form of local tax levies. Here is southwestern Ohio there were numerous tax levies on the ballot for things such as schools, fire protection and jails. In the greater Cincinnati area there were well over 50 of these levies on ballots in different towns and counties. Almost every single one of the failed.

When local news was reporting on this, there seemed to be a consensuses. People weren’t being mean and not wanting to support local services. Instead they all blamed one common thing – the economy. They just don’t have the money to improve their schools or public services.

Remember – this is a product of great Republican economic lessons. Remember Reagan’s “trickle down” theory? Yeah – we basically have that in play without the cute name. Of course it took Bill Clinton to undue all that and get the economy on the right track again, only to have Republicans try and credit the success on Reaganomics. I am sure the same will happen again if a Democrat takes the White House next year and turns the economy around.

The Republicans try to make everyone feel good by saying “lower taxes”, but history has taught us that doesn’t work. Sure they can lower federal taxes, but in turn state and local taxes have to increase. It’s time for Americans to wake from the naive slumber and realize that we need true tax reform and a better system of paying. People like Warren Buffett shouldn’t be paying 17% in taxes while average Joe with his $50,000 a year salary is paying nearly 30%. To the Republicans this is unfair. They think people like Buffett should pay even less. Take care of the upper 1% while screwing the other 99% – that is their motto. It’s time for that to all change and get America back on the right track of economic fairness.