Quote:
Originally Posted by Robbie
Why, in your opinion are the middle class getting slaughtered? Are you saying that if you make $100,000 a year your tax rate is too high and you are getting slaughtered? Well, if that's the case, then why isn't the tax rate too high for somebody making $250,000 ?
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well, I wouldn't call it my opinion, thats the numbers, I posted a bigpicture link about a recent FT article about this in another post. Median wages have been essentially flat since 1973, was the articles point, calling the phenom "median wage stagnation" or some such economic bullshit.
http://www.ritholtz.com/blog/2010/08...-middle-class/
anyway, if the rich aren't going to pay more taxes, the poor sure as fuck can't, leaving the middle class the sector that will pay no matter what.
somebody is going to pay - either thru currency devaluation or cutback in services or some other artifice. It won't be the rich, they have already won the wealth wars and are impervious.
so you tell me, who's going to pay, if not the middle classes, especially the lower middle class?
so whats the answer? - cut the giant unnecessary expense of military adventures and being the world's incompentent policemen.
then the superrich are happy, baggers are happy becaus ethe superrich can continue to funnel real wealth out of the country, the world is happy, everyone is freeking jumping for joy.
except the america middle class, they are still fucked no matter what. the new america has no need for such a large intermediate class, we are becoming feudal, deal with it.