wealth redistribution

[odooley6985]

Bottom line this is what I think needs to happen to create jobs.

Get rid of stupid regulations. Obamacare being one of them

Keep middle class tax rates and increase tax rates on the rich. Of course a fair defenition of rich needs to be figured out first.

[odooley6985]

The whole point of this thread was to discuss the hypocrisy of the thought that its wealth distribution if the rich have to pay more so the middle class can have tax cuts. Yet when the rich get to pay less on the backs of the middle class paying more its sound economics and job creation. O well.

[scotty]

Originally Posted by odooley6985

I know I am just a hack and I worship Pastor Obama like you say. But like I said, I dont agree with him that 250k is rich. I like the GOP idea of 400k. They caved though. Obama wants to raise taxes on the rich and keep the bush era taxes for the middle class. So you and I will keep our same taxes. We need to cut spending and increase taxes. You mentioned 88% top rate on earners. That is low compared to what it was with some other presidents. I guess we just keep going round and round.

Bingo!! Now your getting it.

Look, I'm no Chicken Little, but we are in a hole now that is unprecedented. They call it a recession, but not a depression. Why? Because when this country was in depression there were soup lines because there was no unemployment benefits. What most don't realize is they are one in the same.

I don't know how we are going to get out of this mess. But there are options.

1. Let Obamer tax the mess out of the rich. They pack up and move out causing job and revenue loss. As a result, more people become dependant on the government, causing higher deficits, causing more tax hikes until finally we give it all to the government and let them take care of us. Socialism.
2. Back off of businesses and let them do what they do best. Create capital. Invent, expand, grow, create jobs. Businesses control our economy, not government.
3. Stick any other theory you want in here. Because thats all we got.

We have never been here before, as such, I don't think anybody knows how to get out without having to hurt a lot of people. This country went credit happy for the most of the late 90's and early 2000's. Now we are paying for it.

[odooley6985]

Originally Posted by scotty

Bingo!! Now your getting it.

Look, I'm no Chicken Little, but we are in a hole now that is unprecedented. They call it a recession, but not a depression. Why? Because when this country was in depression there were soup lines because there was no unemployment benefits. What most don't realize is they are one in the same.

I don't know how we are going to get out of this mess. But there are options.

1. Let Obamer tax the mess out of the rich. They pack up and move out causing job and revenue loss. As a result, more people become dependant on the government, causing higher deficits, causing more tax hikes until finally we give it all to the government and let them take care of us. Socialism.
2. Back off of businesses and let them do what they do best. Create capital. Invent, expand, grow, create jobs. Businesses control our economy, not government.
3. Stick any other theory you want in here. Because thats all we got.

We have never been here before, as such, I don't think anybody knows how to get out without having to hurt a lot of people. This country went credit happy for the most of the late 90's and early 2000's. Now we are paying for it.

Right. You and me can point out the past all we want. But things are different. O well. Lets just continue to pray for our country and leaders. GOD Bless Amerca!