posted on Dec, 6 2012 @ 01:27 PM
She has a point and talk about something for the most extreme of the mixed feelings on.
On one hand, I feel confident I understand what the effects will be and it's gonna be real bad in the short to mid term future. There isn't a way
around that ....namely because the wealthy are already saying 'screw everyone' and closing business, advancing dividend payments to beat the clock
(and smack the values in the new year) or generally downsizing and writing off any positive planning. Whatever the reason, the wealthy have already
begun to just have their tantrum and shut down in many ways. I'm seeing it on some other sites I'm on where folks do have money in upper middle to
upper class levels. It's a real and tangible thing. So the logical side of me can't move beyond the fiscal insanity of basing the whole solution on
tax increases. Cuts...in theory...to be talked about later for details...to something... don't mean anything worth talking about, IMO. It's like
Popeye and the guy wanting his Hamburger today to pay next week. Umm... Not in the real world. Not without major bad things happening.
On the other hand..... The people who honestly believe this is the right thing are never...EVER...going to give up insisting we try it again. Tax
rates were 91%, literally, on the high end of personal income as recently as when Lyndon Johnson took office. They ran back a few Presidents at that
or higher prior to him. America did well, but I'd say America was also radically different. America did well as the industrial leader and supplier to
much of the world.....not the primary consumer to others making things. That reversal makes all the difference. However, either this will be tried
again, cleanly, to see it succeed or fail ... or it'll be bickering battles right to the total collapse of the whole system.
I'd rather see the Rich get dinged in what I think will simply be relearning a lesson history already taught than to see Republicans fight this on
principle to lose the whole 'war' so to speak and everything it's about in the process.