Re: 10% of us are "rich" - Saab General Bulletin Board - Saabnet.com
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Well, they can confiscate every penny earned on incomes of more than $350K -- that top 1% of households -- but it still doesn't even come close to paying for this year's spending.
They will eventually come to get the money from the middle class because that's where the money is. That and a value added tax.
As for deficits, I remember Clinton being dragged kicking and screaming to the idea of a balanced budget by the Republicans starting after the House changed hands after the election of 1994.
That George W and the Republican Congress then overspent dramatically starting in 2001 is bad enough. What's worse is that we know no matter how much they blew it wasn't enough for those on the other side as was amply demonstrated after Pelosi and Reid took Congress in 2006, and then with Pres Obama.
Either way, it's too late for the blame game. This needs fixing now.
posted by 76.232.19...
Posts in this Thread:
- Oil company subsidies?, No Snaab, Tue, 26 Apr 2011 07:25:34
- Are political comments permitted on the General Board?, dudethe9-5isfast, Wed, 27 Apr 2011 19:10:30
- Does US military presence count as a "subsidy"?, Bill Homer , Wed, 27 Apr 2011 08:17:10
- Re: Oil company subsidies?, john b, Tue, 26 Apr 2011 22:47:29
- Re: Oil company subsidies?, EGD , Tue, 26 Apr 2011 15:21:05
- Gee...uh.... I'mm have ot make this short., nwas, Tue, 26 Apr 2011 13:17:48
- Re: Oil company subsidies?, AeroEd, Tue, 26 Apr 2011 09:38:03
- Re: Oil company subsidies?, kkelley, Tue, 26 Apr 2011 09:02:28
- subsidies vs. ?, AeroEd, Tue, 26 Apr 2011 09:44:51
- Re: subsidies vs. ?, kkelley, Tue, 26 Apr 2011 11:13:02
- Balance, nwas, Tue, 26 Apr 2011 13:19:55
- Re: Balance, kkelley, Tue, 26 Apr 2011 13:27:02
- Re: Balance, James, Wed, 27 Apr 2011 03:28:29
- Yes, nwas, Tue, 26 Apr 2011 18:21:16
- Re: Oil company subsidies?..Ethical Capitalism! n/m, Joeychess, Tue, 26 Apr 2011 08:28:55
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