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Fiscal Cliff? Tax the Rich

RodT Wrote: Nov 10, 2012 11:08 AM
The ex-labor secretary Robert Reich, another one of the big thinkers that has never produced a thing but hot air, and spends his time in govt or in academia, failed to notice, or at least mention the simple fact that when Reagan lowered those excessively high taxes on the rich, the Nation GDP took off like a rocket. Lots of new jobs! All our govt big thinkers ever worry about are their revenues, and none of them will even admit, that raising taxes does not increase revenues. It simply stifles our economy, of course they get to spend more, they just have to borrow it. But it makes a good excuse to borrow, all that expected income from the tax hike.
OBAMA-DRAMA Wrote: Nov 10, 2012 11:14 AM
RodT... applying that which worked for Reagan in 1980 would not work today. The reason is demographic shift along with social bias.

The US population since 1970 has more than doubled. 70% of this growth is black and Hispanic. The consequence is an ever enlarging National Debt run up due to social and other programs directed to these two groups. Today they collectively number 100 million By 2100 they will collectively swarm and outnumber your descendants 5/1. Your descendants will be marginalized and displaced along with being disenfranchised.
OBAMA-DRAMA Wrote: Nov 10, 2012 11:17 AM
By 2100 there will be few to no white 'educators', school board members, within state legislatures, federal government agencies, Congress, state and federal courts along with SCOTUS.

You... have brought this upon your descendants and this nation. By 2100 neither America nor the United States will any longer exist. This nation's fate is sealed... due to the above.

Read my posts below to find out why.

Barack Obama wants you to know that the rich are out of control.

And I partially agree. It’s a matter of fairness.

After thinking about it for a few years, he has finally figured out that our economic problems have a very simple explanation: There are too many rich people.

I know of at least one too many. The one occupying the White House? Way too rich.

(Editor's note: I'm taking a few days off. I'll see you guys again on Tuesday)

Too many rich people are causing a jobless “recovery.” Having too many rich people caused gas...

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