09-04-2011, 05:32 PM
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Too lazy to set a custom title
Industry Role:
Join Date: Nov 2006
Posts: 10,166
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you can't see a solution because you've been brainwashed that any solution outside of making the obscene super-rich even more rich wont work.
Quote:
Originally Posted by joshgirls
i kinda agree, kinda dont. the economy is not zero sum, so the middle class can grow & the rich not grow if tax policy was punitive on the rich. but practically speaking you are correct, the middle class need the rich to create small businesses & corporations invest in new domestic operations.
the rich have numerous more options compared to 30 years back. they can build factories in china, can give money to madoff, can buy computers to replace cashiers, etc. the question is really, what is the solution when the rich think american workers are an inferior investment vs china.
on the govt level, they need to get away from this free trade bullshit & start leveling the playing field for american workers competing with chinese labor. End this crap where china manipulates its currency, slap some big tariffs on chinese iphones, steel, toys, clothes etc. restore progressiveness to the tax code instead of the regressive BS at the top. But the govt wont do that because its dependent on chinese cash to fill the gaping budget hole its not capable of closing.
The problem is i hear nothing from either party proposing anything other then tax cuts or infrastructure spending, 2 solutions that solved nothing. we're just fucked, unless your rich then your fucked in style.
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