Midnight Meme Of The Day!
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In Washington, DC, every day is Backwards Day! Merry Christmas... suckers!
Labels: memes, tax policies
posted by DownWithTyranny @ 12:01 AM
9 comments
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Reddit
9 Comments:
Trickle Down is coming to town!
John Kenneth Galbraith summed up trickle-down economics better than any body else before or since:
“Trickle-down theory - the less than elegant metaphor that if one feeds the horse enough oats, some will pass through to the road for the sparrows.”
Season's greetings, fellow sparrows!
The top marginal tax rate in the US between 1951 to 1963 was 91%.
There were still lots of wealthy people spending money and making long term investments.
The fact is that it is almost impossible to overtax wealth to the extent that it has a negative impact on the economy.
What they are actually doing is cutting taxes (for the rich) and BORROWING that amount. The rich keep much more, the middle may keep a little more, and those dollars are borrowed.
It's borrowing from the Chinese, Saudis and Indians to make the rich richer.
Eventually, the fed. debt will get so big that they'll be able to convince ALL voters that they are justified in cutting sustenance programs (that the rich already don't need). This has also long been their goal... to kill those they hate by denying them sustenance they need.
Never lose sight of their long-term goals. They often publicly betray them, but so few of us have the light go on...
And the reason we don't have Bernie's plan is???
"And the reason we don't have Bernie's plan is???"
Debbie Washerwoman Schitz is why, 12:59! Nothing like ensuring that the Coronation of HER! goes off without a hitch - except for that pesky Electoral College thing. Why, if the primaries were fairly run and Sanders attracted lots of later-Trump voters, HER! couldn't have been Queen of the EuroWar against Russia over the Crimea and the pipeline being stymied in Syria. Bernie had to be stopped as the Least of All Evils lest HER! didn't win!
Now'd that plan work out again?
I would add that we never got Bernie's plan because Bernie didn't have the stomach to run (as an independent). A true revolutionary (read the title of his latest book) would never have taken that ratfucking, would not have caved, turtled and gone fetal, never would have endorsed the anti-Bernie and never would have campaigned for HER.
So... it's partly DWS and mostly Bernie.
I disagree, 5:45. I admit being disappointed that Bernie didn't walk out of the Cononation. It made Strom Thurmond a force to be reckoned with in 1948, and would have done the same for Bernie. But HER! would still have lost even if Bernie wasn't in the race, and HER! had no other opposition. So I would reverse the proportions.
2:01, your comment obviously has merit. But it is the long game I'm concerned with.
We'd have had this same prez, admin and shit show either way. But the Bernie-I run could have gotten more votes than HER which COULD have created the alternative party we have needed for a generation. It would have made Elizabeth have to choose to associate with a party that she agrees with vs. associating with the anti-Elizabeth who shared her gender. If Warren wanted to be taken seriously, she'd have joined. If she wanted DNC/DSCC money, well, we kind of know now, don't we.
Who knows what could have happened? I just know that Bernie betrayed himself as a total poser -- no better than Kerry and obamanation.
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