Quote:
Originally Posted by d-ray657
Shocking, just shocking. I had you figured for wanting to go back to Ike's rates. 
Seriously, however, do you see any point in which the income stratification that we are seeing is detrimental to future growth? I just haven't seen the "job creators" doing all that much job creation. It is particularly difficult to buy into protecting the "job creators" when a significant number of the highest income earners operate in a field that is a leach on true productive activity - the hedge fund operators and others speculators.
Regards,
D-Ray |
When you're in an economic environment that makes growth difficult or raises the level of risk to an unacceptable level, the wise bet is sometimes to take the "bird in the hand". A shrinking dollar and a tax policy that makes capital conversion inefficient and expensive is going to put the brakes on growth.
It's not significant to me what someone else makes. In the right economic environment, the size of the pie (GDP) expands, and there's enough opportunity and income for most everyone.