Irresponsible47Percenter Wrote:
Sep 27, 2012 9:22 AM
The old saying is that there are lies, damn lies, and finally statistics. I do NOT take Mitchell's self-serving (I assume he is rich) analysis without a great deal of skepticism. But even if I swalloe it whole, I also know that real wages to the middle class have stagnated since the late 1970's. i also now that the latest round of USA tax cuts, including the Gift to the allegedly-Job-Creating Wealthy of a halving of the Capital gains rate, have NOT produced the promised prosperity, Quite the opposite, in fact, especially as compared to the Clinton era with it's higher tax rates.