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Old 01-24-2015, 02:15 PM
whell whell is offline
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,135
Quote:
Originally Posted by Tom Joad View Post
Any economic benefits that have occurred due to tax cuts for the rich have all gone to the rich. As a result we now have in this country a wealth distribution that any third world Banana Republic Dictator would be proud of. An economy that only works for a small percentage at the top is doomed to fail. The rank and file workers bees are tapped out. When you get to the point where the rich are trying to squeeze more blood out of what are now turnups, the whole thing will collapse.
While I don't disagree that the economy overall is working well for the relative minority, where you and I may differ is where that minority is. I think it's working great for lobbyists and the "inside the beltway" crowd. Witness the per capita income growth of DC and surrounding states. That's the banana republic stuff IMHO.
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