The disparity has grown under Bush. Right Wing policy apologists claim that supply side is good for the middle class. Show me where. Tax cuts for the rich are supposed to create jobs by virtue of the trickle down. Show me where. Bush had 8 years. Show me where. In fact, eveything had gotten worse for the middle class during the 8 Bush years. If not, then show me where.
Great, now you are acting like a whiny child again. Tax cuts for the "middle class", not the rich since they don't pay much in taxes, go back into the market via investments and discretionary spending. Discretionary spending DOES create jobs. So does investment in risk assets. It's marginal, in other words it's not necessarily going to create an economic boom, but it does create jobs. Look at silicon valley for example. All that money that poured into those tech companies in the 90's not only revolutionized the tech industry but created 100's of thousands of high paying jobs that never would have been created without the private equity and stock equity that preceded it. That is a fact.
So when will the magical effect of the Bush years kick in and render harvest? And why is it that during the actual Bush years it had to get worse first insofar as everyone but the rich are concerned?
This is false.The only birth certificate that matters in this country is a states official birth certificate.In the State of Hawaii the"certificate of live birth" with the States seal and stamp is the States official birth certificate .It is the only birth certificate that the State of Hawaii currently issues and it can be used for driverâs licenses,passports,join the military and anything else that requires a birth certificate
Taxes need to be kept low for businesses and the creators of businesses. Taxes inhibit growth because it creates a barrier to expansion. Illniois is currently in a terrible spot because Gov. Quinn raised income taxes, and now CAT is threatening to leave. If CAT follows thru on it's promise, you think California was bad? You aint seen nuttin. Central Illinois will grind to a halt. Thousands of jobs will be lost. Will this ultimately be good or bad for Illinois?
Excellent argument for government spending! The recent stimulus, and, for one example, the money spent on arpanet.
Dude, did you see what happened in 2008? LOL. Those "assets" the rich had got cut in half. Credit froze. There is a mountain of cash sitting out there that just needs some incentive to be invested back into risk assets. It's slowly coming back in. It's not an overnight thing. BTW, we can thank the Clinton administration for that nice gift they left, the tech bubble and all the corporate scandals of the 90's.
Not quite skippy. Although you are correct, in that they both are the same. But they are not both applied efficiently. The free market will allocate risk capital far better then government bureaucrats 100 times out of a 100.