- Dec 9, 2013
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WrongExactly! In the forties, fifties, sixties, and part of the seventies there was a middle class because corporations were taxed 70 to 80%. Taxation back then gave people dignity, a sense of worth, and money in their pockets. It definitely solved the problem.We solved it long before then.We solved poverty when the rich were taxed 70 and 80%. Since 1979, wages have been flat, while giving the wealthy a 270% raise.. That isn't solving poverty.That's great except I am not a republican and my post still stands as factnobody takes the right wing seriously about economics; propaganda and rhetoric is all they know.Wrong
Socialism has universally been a massive failure and the idea of a natural unemployment rate is delusional crap
Are there always unemployed people in every society? Yes! But it is not natural it is the result of volitional choice.
There is no living wage issue. Any wage is a living wage depending on how one chooses to live
Being able to apply for unemployment compensation for simply being unemployed is as market friendly as it gets. We could have solved simple poverty Yesterday; but, the Poor may benefit.
Unemployment compensation is not market friendly as it takes from those actually trying to buy and sell in the market
Redistribution by force is never market friendly under any circumstances and never has been
We have solved poverty through capitalism
Taxation of any kind solved nothing
It was solved before that.
Heavy taxation only slowed economic growth, destroyed black families and created dependency.