bripat9643
Diamond Member
- Apr 1, 2011
- 170,163
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When did Obama ever get a significant tax increase on the rich to fund stimulus programs?
He sure got a $1 trillion dollar stimulus. The result was the slowest recovery since the Great Depression. I fail to understand how piling a huge tax increase on top of that would improve the situation.
The stimulus was a one-time program funded by borrowing. While it wasn't anywhere near big enough to stop the recession, it prevented it from becoming another depression. Had it been a long-term relief program funded by higher taxes, the economy would be booming now.
holy smokes, tax tax tax tax tax tax THE PEOPLE and that is suppose to make the ECONOMY BOOM. are you people nuts, seriously
Think of it as pubic capitalism. The government raises capital and invests it in the economy.
Better?
Government "investment" is the opposite of capitalism. For one thing, "investment" is a euphemism for transferring money from the productive to useless parasites..