Obama admits AGAIN that he wants to redistribute wealth!
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The tax rate for the wealthiest Americans is lower now than it was under Reagan and much lower than the rate paid under Eisenhower. In fact, there is little difference between the percentage paid now than under Bush.
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the same can be said with capitalism why should a ceo make a lot more money from the hard work of his employees,and how could an employee be a rich man like the ceo? Those who do not work does not eat(from the bible),but who decides the work you do is enough,if you work 3 jobs and work 18 hours a day shouldn't that make a millionaire? rather than the guy who just sits in his office and manages the hedge fund
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Aren't all taxes essentially wealth distribution? You make it sound like the concept was invented just recently
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@rjemca You are very simple minded. See needing a page to try to explain your point. Since when did Australia become the economic example for the world? The US cannot sustain current deficit levels. Cuts need to be made. Based on your stupid rambling thoughts Greece would have the optimal economy.
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(D) @proatmetazine30906..CONT'D..d
eficit and the national debt ballooning futher out of control than ever. In 2012, Barack will be unfairly blamed for the failure to get the economy moving, caused by the Republicans. He may be defeated, and replaced by another Republican, who will resume the destruction of the US economy from where George W. left off. US GDP will then collapse to the point where China will become the leading nation, simply by having the largest GDP and strongest economy. -
(C) @proatmetazine30906...CONT'D..
.emigrate here as refugees from the developing economic catastrophe back home. By that, I mean the deficit-reduction plan forced on Barack by the republicans will have the opposite effect from what they intended. Business, the rich, the well-to-do and the Tea Party crackpots will all have this plan backfire catastrophically on them, when the economy collapses due to collapsing demand, accompanied by further-collapsing tax revenues, unemployment, the..CONT'D
welfare works so well. Statistically speaking it has promote so much upward mobility . oh wait it worked backwards? it created less social mobility? you don't say.
whendidconbecomelib 1 year ago 8
Can anyone please name a country that has done this and had positive results?There is a reason China is breezing ahead of us.There standard if living still sucks and is communistic like Barack Likes
proatmetazine30906 1 year ago 3