View Single Post
Old 02-28-2010, 08:46 AM   #16
Joe
Registered User
iTrader: (0)
 
Joe's Avatar
 
Join Date: May 2001
Location: Rhode Island
Posts: 3,650
I don't see how our economy in its present state will lift enough people to the point where they will ever have a federal tax liability.
We've switched from a manufacturing economy to a service/knowledge economy where opportunity for people without higher education is very low. With 72% of our workforce with less than bachelors degree, it does not point to much improvement in the short-mid term. Most of our workforce is only qualified for jobs can be done abroad much cheaper.

Joe is offline