The Glade 4.0

"Turn the lights down, the party just got wilder."
It is currently Sat Nov 23, 2024 4:27 pm

All times are UTC - 6 hours [ DST ]




Post new topic Reply to topic  [ 2 posts ] 
Author Message
 Post subject: More blaming the Rich
PostPosted: Mon Jul 19, 2010 11:18 am 
Offline
Too lazy for a picture

Joined: Sat Sep 12, 2009 8:40 pm
Posts: 1352
http://www.americanthinker.com/blog/201 ... _rich.html

Quote:
New York Times blames the rich for weak recovery
Ethel C. Fenig
Why has the "recovery" stalled? As the New York Times headlines, "Wealthy Reduce Buying in a Blow to the Recovery."

Oh, the selfishness! Oh, the lack of patriotism!

The article further explains

"One of the reasons that the recovery has lost momentum is that high-end consumers have become more jittery and more cautious," said Mark Zandi, chief economist for Moody's Analytics.


Hmmm, wonder why they became "more jittery and more cautious"? Could it be because the rich, defined by President Barack Hussein Obama (D) as anyone having the nerve to earn over $250,000, will be subject to higher taxes when the President George W. Bush (R) tax cuts expire in less than six months?

But never fear, the liberals have a solution--make everyone suffer.

Sam Pizzigati, associate fellow at the Institute for Policy Studies, a left-leaning research center, cautions against simply boosting the spending power of the rich through tax cuts or other measures. "Otherwise, we find ourselves in an ‘Alice in Wonderland' world," he said, "and the solution to the hard times that the economy is going through is to help the people that are not going through hard times."


That's right, punish them for not acting like the government and spending their way out of the problem; if they don't do it the government will just have to step in, take their money and do it for them.

And the government will. Then just watch that "recovery" zoom.

_________________
"Life isn't divided into genres. It's a horrifying, romantic, tragic, comical, science-fiction cowboy detective novel. You know, with a bit of pornography if you're lucky."
— Alan Moore


Top
 Profile  
Reply with quote  
 Post subject:
PostPosted: Mon Jul 19, 2010 12:14 pm 
Offline
User avatar

Joined: Wed Sep 02, 2009 7:59 pm
Posts: 9412
Oh, boy! Is this where we start talking about throwing around progressive taxes on net worth?

_________________
"Aaaah! Emotions are weird!" - Amdee
"... Mirrorshades prevent the forces of normalcy from realizing that one is crazed and possibly dangerous. They are the symbol of the sun-staring visionary, the biker, the rocker, the policeman, and similar outlaws." - Bruce Sterling, preface to Mirrorshades


Top
 Profile  
Reply with quote  
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 2 posts ] 

All times are UTC - 6 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 227 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group