As regards the Bush tax cuts putting more money in the pockets of the rich: this was a classic bait and switch operation. The promise was that the dollars would be invested and generate more jobs here in the United States. The reality is that the dollars have been exported to generate more jobs in other countries where the profit margin is much greater because the costs of production, including labor, environmental preservation, education, health care and resource extraction are less.
Of course, since these foreign nations are likely to prove less stable as the promises of more pay for less work prove to be illusiory as well, the value of the dollars invested there is going to be discounted. We already see that in the value of the dollar having gone down at least 40%. It isn't going to go up by forcing the Iraqi oil to be sold for dollars instead of euros as the interim government has been ordered to do.
Why we should have believed that a failed business-man would be good for business is beyond me. The whole Bush clan has experienced one failure after another and keeps having to be bailed out by its cronies. I keep bing reminded of the untrustworthy steward in the Bible who dissipated his employer's estate by doing last-minute favors for his "friends."