posted on Jan, 3 2018 @ 05:06 AM
In the 50's and 60's and 70's companies were making money hand over fist, workers had legitimate jobs with livable wages, people could, in general,
trust they would have a relatively secure retirement (if they stayed reasonably healthy) - well white folks could anyway.
And you know what? The top tax rate was 70%. Let that sink in for a bit and then cogitate on the fact that if Reagan had not cut the tax rate the U.S.
Government accounts would have been in surplus by the middle of the first Clinton administration. That is the entire World War II and Korean War and
Moon Landing and Viet Nam War paid off in FULL.
We will now be paying off this GOP War On The Economy (and that is exactly what it is) for the next 60 years, at least.