In response to:

An Economic 'Plan'?

John2038 Wrote: Sep 11, 2012 3:15 PM
Perrhaps you can help me understand what is so wrong with "rich people" having more of the money they earn to spend. How many poor people does it take for a resturant to hire a cook? How many poor people does it take for a grocery store to hire a stock boy. Which will support my family (and yours if you have one) working fo a poor person or working for a rich person? Can you grasp the idea that it is people with money to spend that drives the economy? How can you use the word "parrasitic" in reference to the "rich people" that pay most of the federal taxes that almost 50% of the :"not rich" are living off of? Just which ones better fit the term you used?

Former president Bill Clinton told the Democratic National Convention that Barack Obama has a plan to rescue the economy, and only the fact that the Republicans stood in his way has stopped him from getting the economy out of the doldrums.

From all this, and much else that is said in the media and on the campaign trail, you might think that the economy requires government intervention to revive and create jobs. It is Beltway dogma that the government has to "do something."

History tells a different story. For the first 150 years of this country's existence, the federal...