Quote:
Originally Posted by justplugit
Spence,
in the real world we are Broke!
In the real world the Govt can't provde evertbody with what they want.
In the real world you have to work for what you want.
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There's a good argument for some restraint, I'll give you that.
But lowering taxes isn't going to fix the economy. The wealthy have plenty of money and they're not investing in job growth...because crushing household debt is still leaving consumers without any power to purchase.
Romney's solution for this appears to be to make the problem worse. Give the wealthy more money and raise taxes on everyone else.
http://www.washingtonpost.com/busine...COX_story.html
Seems sort of backwards doesn't it?
I'd wager that the effective tax rate will have little to do with the economic recovery which will follow it's own cycle.
-spence