In response to:

7 Reasons Liberal Economic Policies Don't Work

David4 Wrote: May 08, 2012 5:42 PM
Item 2 needs more words. Liberals look at Warren Buffett's tax rate, and they look at his standard of living and believe that so much of their purposes could be accomplished if only all that effort were re-purposed to something more socially useful. Build affordable housing, not ultra-mansions! They are not persuaded that the rich are "tapped out", and want to relive those days of Eisenhower when top tax rates exceeded 90%. It will take better words than what's in item #2 to make a dent on that liberal-thought.
Gayle__CO Wrote: May 08, 2012 6:00 PM
Building "affordable housing" means building a home and charging some people less that it is worth while charging others more than it is worth. In other words, some people get to be hosed while others enjoy a benefit that they have not paid for. What a deal! And, we can easily presume that those who received something they did not fully pay for will not fully appreciate what they have and will likely not be good homeowners. Their neglect will certainly bring down the value of the other homes in the neighborhood.
Gayle__CO Wrote: May 08, 2012 6:04 PM
cont'd....whereas Warren Buffet can build as many mansions as he chooses because it is his money and he can do what he wants with it. Building mansions will create high property taxes, employ lots of people in the building and maintaining of the homes and contribute endlessly to the tax base. I hope this isn't too complicated for you to understand, David. I know it isn't as sappy as what you propose, but it is practical and it is what should happen in a free society. You know, the one Obama is attempting to demolish.

There's a reason it took the country so long to pull out of the Great Depression under FDR, why Americans became acquainted with the Misery Index under Carter, and why we've had the weakest economic recovery from a recession in U.S. history under Obama. Liberal economic policies just don't work. In fact, the only time left-wingers have taken charge in the last 40 years without decimating the economy was during the Clinton years when Republicans in Congress balanced the budget and spent 6 years strong-arming Clinton to keep him from molesting the economy like one of his interns. This is...