Dude, what are you talking about? The middle class has NOT shrunk. There are NOT more people going into poverty. The poverty rate is about 33% lower today than what it was when Reagan took office. And the poverty line is about TWICE AS HIGH!
Since when is a manufacturing job a good job? What on earth are you talking about? Is your dream to go toil in a freakin' dirty and dangerous factory? Medicine is good work. Pharmeceuticals is good work. Engineering is good work. IT is good work. Science is good work. Accounting and business management is good work. Manufacturing is NOT good work. Nobody WANTS to work in a freakin' factory. Americans should not be working in factories. We should be engineering technology here, and sending what we create to less educated areas of the world to be built.
I'm sorry you don't understand this because you're probably 12. But there is NO PLACE in American society for manufacturing jobs. None. And so long as there are idiots in this country that think we can actually compete with third world nations in regards to manufacturing, our economy will continue to languish thanks to people who think they are entitled to a silver spoon and giant pension plan for fastening widgets onto sprockets while an Indonesian will do it for a dollar a day.
This is how an efficient functioning economy works Jeff. The wealthy will always have the capacity, knowledge, and ability to accelerate their accumulation of wealth as opposed to people below them on the economic food-chain.
There's nothing wrong with that.
Do you even know what "my way" is? Why would I want my nation to look like a Latin American nation? But you go ahead and tell me what "my way" is, and why you think "my way" would result in America looking like a Latin American nation.
What war on the middle class is that? Over the last twenty years inflation has been low. People across all parts of our society have the capacity to own cell phones, computers, and DVD players. Median incomes have rose. The poverty line has risen drastically. The people we call poor, and you call poor, ARE NOT POOR! Bush and Reagan cut taxes for the middle class. And Reagan looked to stay out of the middle classes life. What war on the middle class are you talking about? I'm pretty sure it's merely a figment of your imagination.
Do you understand or even know what class warfare is? This is class warfare. This is mindless rhetoric that's fed into the ignorant of America to get them to vote for Democrats. But in the process, you have not in any way shape or form explained why the top 1% and corporations should pay more taxes than you. Explain that. Why should anybody have to pay more or less than anybody else? It's just a crying shame that Obama can go out there and demogogue the rich, and have the general ignorant, lazy, masses fall prey to his bullcrap.
There is no good reason that a rich person should have to pay a higher marginal tax rate than a poor person. If you don't want to feel the pinch of taxes when you're poor, then go out, work harder, get an education, and EARN your money like a rich person does.
So why don't you do it? Why don't you do it as it is? If paying taxes is patriotic, then why aren't you forking over an extra 10%? That'll help the common man. Ya know, the government does take donations right? You can give a little more if you want. Give your money away to a bunch of rotten scum bags, the animals of DC who cannot read, write, or perform basic math. Give it to the welfare moms of America. Give it to the nations drug addicts and alcoholics. It's the patriotic thing to do. I don't understand why you hold on to anything other than $20,000 of your own income. There's other people out there that need that money more than you and it's patriotic to support them. What's stopping you from doing that? What's stopping Obama supporters in general from doing that?
I don't believe you anyway. I don't think there's any way in hell you've even graduated a public high school.
Yes, because they'll all move their assets out of America. Just like all the rich people have moved their assets out of California and have summarily bankrupted the entire state.
There may be a shred of truth to this, but don't think for a moment that shoe doesn't fall on the other foot as well. I would also like to see some links on this information.
The tax rate will not be essentially the same if all of these spending policies and budget balancing initiatives are to be put into fruition. There ALREADY is an estimated 1.5 trillion to be added to the budget. There's a 300 billion dollar spending package proposed. Then you have to implement Obama's plans on top of it. There is NO WAY that Obama will be able to balance the budget, pay for this years proposed spending increases, and pay for his own propositions by cutting taxes on "95%" of Americans, and only raising taxes on the rich by 3%.
You people are living in a pipe-dream.
There are three scenario's that will unfold.
- Obama will not be able give what he has promised.
- Obama will not be able to balance the budget as he promised.
- Obama will have to fudge his taxes in order to pay for his promises and balance the budget.
You fella's take your pick.
Clinton inhereted a recovering economy. Clinton faced no major domestic issues (such as 9-11.) Clinton faced no major wars. Clinton left office as the tech-bubble burst.
The main reason why we will probably not see a massive creation of wealth under ANY president or leadership in the next generation is because our education system is not the same as the education system that produced the people that created all that wealth.
If you don't educate people, you will not create wealth in a global economy. America is not educating enough of our people to the level that they need to educated at. Jeff's notion and philosophy that we should all be working in factories is proof positive of that.
Mark my words. We will not see a prolonged burst of economic prosperity if our education system is not drastically reformed. If it stays like it is, we're going to continue to produce young adults that are largely inept at functioning independently in our society. And those types of asshats do nothing more than leach off of society, and drag the rest of us down.
I'm pretty sure that this really isn't wealth creation...
You know what the jab of this is though? Obama is doing everything he can take away peoples need to be responsible. You wanna talk about mixed messages? Try telling people to be responsible, but then say they're gonna spread the wealth around in the same breath.
Only idiots fall for this crap.
Obama is going to INCREASE dependence in America. He's going to do nothing to reform our education system.
I'll bet you a grand that Obama's four years will be worse than Bush's four years. And Bush inhereted a recession, and as you've pointed out, Obama is inhereting a recovery (which in my opinion is up for debate. I happen to believe that no matter who is president, that we're in for at least another bad year and a half. Just wait until America enters a hyper-inflationary period.)