"A Little Historical Perspective" - Any Of Youse Guys Seen This ???

[WillyT]

From: http://www.janella.com/2009/04/historical-perspective/

Saw it in the recent issue of The Progressive Populist.

:shrug:

:hi:

[Cirque du So-What]

1. Certainly puts things in perspective, doesn't it?

Consider further that from the postwar years until the mid-'70s were considered the era of the 'American economic miracle.' That alone should have been enough to relegate 'supply-side economics' to the dustbin of history.

[WillyT]

7. Exactly !!!

:hi:

[TahitiNut]

2. 40% is insane.

It should be 49%. :shrug: Furthermore, the top bracket for capital gains should be even higher ... around 60%.

[maryf]

4. Yep!! nt

[harun]

9. Stop blowing so much money on a military we don't need and wars we

don't need and we can lower everyones taxes.

(I mean trimming back on military spending, not that we don't need a military)

[SammyWinstonJack]

10. !

:thumbsup:

[Warpy]

3. That says it all

and since Obama now know the GOP will shriek no matter how low the top marginal rate is, he should just push for a return to the progressive tax, the marginal rate to be reduced to 75% only when the national debt is paid down to the historical percentage of GDP in non emergency times.

That also says we'll have to have a real GDP, one not based on running up debt to buy things elsewhere we used to make here.

[dorkulon]

5. Well put /nt

[Wednesdays]

6. K&R

:kick:

[WillyT]

8. Kick !!!

:kick:

:hi: