Remember the Greeks starved their government by not paying their taxes. They had developed a complete underground system of paying cash for services and products that avoided taxes and starved their government. Look at the mess they are in. And now they are using austerity to balance their budget instead of stimulus spending to create jobs. Results there is NO job growth. And lets not leave the good ole banks out of this picture. They really went over their head with idiocy management. Also there is the scale their economy, there are 11 million greeks, and 200 million americans.

Where will they go? Europe, Australia and New Zealand... all have higher taxes than here. Go to Central or South America, I hope they are in good health or they will be like Cesar Chavez who flies to Cuba for treatment.

One more point on the multimillionaire aries in this country. The repubican argument is they are small business owners that need to be protected. This is 2011 data and that year was one of early recession years. The report also broke down today’s millionaires by occupation and former occupation if retired. Managers make up the largest group, with 17%, followed by educators (12%), corporate executives (7%), entrepreneur/business owners (6%) and attorneys and accounts. NOTE the entrepreneur business owners are only 6% of the total of million aires. This is from spectrum data, real research and not opinion which is what the Town Hall columnists present.

There right now are over 400 MULTI BILLIONAIRES in this country today. Then there are just the plain ole filthy rich that are worth millions. This data comes from 2011 According to Spectrem, There are now 1,078,000 households worth $5 million or more and about 107,000 people worth $25 million or more.there are now 8.6 million households in the U.S. with a total net worth (minus principal residence) of $1 million or more. However, the number of households worth $5 million or more and $25 million or more also remained fairly flat, with growth of less than 2%. The things the republicans push is for more of the same transfer of wealth to the top fat cats.

One reason for the hurt in our economy has been the massive transfer of wealth to the wealthy. It started under Reagan and really blossomed under George Bush and still is continuing. During that time the economic pie grew bigger -- then how can it be true that most Americans are getting smaller slices? The answer, of course, is that a few people are getting much, much bigger slices. Although wages have stagnated when Bush took office, corporate profits doubled. The gap between the nation's CEOs and average workers is now ten times greater than it was a generation ago. And while Bush's tax cuts shaved only a few hundred dollars off the tax bills of most Americans, they saved the richest one percent more than $44,000 on average.

Start cutting after the recovery becomes stronger. Yes cutting will and must happen but when it is still tittering is not the time for massive layoffs. They have the Simpson -Bowles out line that will bring the deficit into manageable levels. Give it a little bit more time. But don't still back a insist on cut cut cut because cutting is hurts people. More so than weathly paying a larger share. I can pay more taxes. I would not object to paying more taxes.

Republicans are all about cutting spending. The government doesn't spend money on buying or building things except for military warships and planes. So all that money goes into the pockets of people. Cutting spending hurts people. The old as they will get less in social security payments to have to wait longer for it & medicare. People working for the government will loose their jobs so they will stop buying stuff and buying stuff is what fires up our economic engine. I read one report that said most people going into retirement have on average $30,000.00 in savings. That can be wiped out with just one illness. My husband stepped on one of my sewing needles and drove it deeply into his foot. The cost of removing it was $15,000.00.

If Obama had gone for austerity measures as is being implemented in Europe we too would have the high unemployment rates we are seeing in Spain and in Greece.

If god created man in his own image, he must have had a VERY BAD day.

And if Mitt were president he would be funding 10 new air craft carrier at billions each, cutting taxes, and getting us more involved in the quadmire of the middle east all the while making the deficit soar. That might sober you up.

Israel is very stupid to continue to annex land in both the west bank and gaza. The neighborhood has changed and they are now surrounded by strongly islamist and even more unfriendly neighbors. Keep on bulldozing Palestinians houses and annexing their land and the neighbors are going to step in. If the US has any sense they will keep out of it.