Old Rocks
Diamond Member
But we can borrow it for multi-billion jet fighters that don't work?
In the past when I have found that my job was lagging in pay to what was needed, I either took a new job, or found a way to increase my hours in order to make the money that I needed. Today, we have a tax system that takes a larger percentage from the working man than those with vast fortunes. When you increase the taxes on the working stiff, you are reducing the amount that a great many people can spend on homes, food, and other basics, and are slowing the economy. When you increase taxes on the very wealthy by the amount that Clinton did, you have little effect, because there are few wealthy, and if there is any decrease in spending from them, it is on luxury items that have almost no impact on the economy.
In the past when I have found that my job was lagging in pay to what was needed, I either took a new job, or found a way to increase my hours in order to make the money that I needed. Today, we have a tax system that takes a larger percentage from the working man than those with vast fortunes. When you increase the taxes on the working stiff, you are reducing the amount that a great many people can spend on homes, food, and other basics, and are slowing the economy. When you increase taxes on the very wealthy by the amount that Clinton did, you have little effect, because there are few wealthy, and if there is any decrease in spending from them, it is on luxury items that have almost no impact on the economy.