In response to:

More Pain, Less Gain

Michael3116 Wrote: Nov 20, 2012 10:16 AM
Not going to happen as the desired state is massive tax burdens and mass unemployment so there can be a people's revolution when the starving masses rise up...only in the US there aren't any starving masses because the government has fed the poor only solution is the bankrupt the government which the left is doing quite handily while pushing the middle class into the poor house as well.

President Obama and the Democrats have made a cottage industry of peddling "tax hikes for the rich" as the way out of the fiscal crisis precipitated by ObamaCare and other profligate spending.  

But with reports and polling showing that upper income spending has fallen since the beginning of September, the country may have a chance to see that "tax hikes for the rich" are not as costless as the administration and Democrats want Americans to believe.

The "rich" are pulling back in anticipation of tax increases coming down the pike in 2013.  As a result, it looks like they...