Quote:
Originally Posted by Vendzilla
Yes, but that was in response to something
1925
The top tax rate is lowered to 25 percent - the lowest top rate in the eight decades since World War I.
1932
Top tax rate is raised from 25 to 63 percent.
1936
Top tax rate raised to 79 percent.
1945
The top tax rate is 91 percent. It will stay at least 88 percent until 1963, when it is lowered to 70 percent. During this time, America will experience the greatest economic boom it had ever known until that time.
Taxing the rich didn't help the great depression, it was ended by getting Americans back to work building for WWII when manufacturing shot up 50%
Dear Mister Obama, get the fucking clue, get people back to work and that includes the poor!
|
By those numbers you couldn't say taxing the rich didn't help.... taxing everyone while creating the war machine, did help.
Obama doesn't create jobs... unless you want him to spend equal to trillions in todays dollars to force jobs to open, funded by the Gov-debt. No idea what we can create, but whatever.
The major Corps are setting on more cash on hand than ever in history. They have enough people to buy/use them, making them that huge stack of cash. It would be stupid of them to hire people - just to do it, it doesn't mean more money for the Corp - as we can see can see with recent history. Until that changes, jobs will not go up - and no person in the Fed can change that.
Anyway... blaming Obama for the job situation is kinda stupid when your local creates them. Unless you're okay with Obama spending more stimulus money.