The Mudcat Café TM
Thread #131682   Message #2983291
Posted By: Donuel
09-Sep-10 - 02:07 PM
Thread Name: BS: What Would a Repub Admin be Like?
Subject: RE: BS: What Would a Repub Admin be Like?
Inheritence is rather common. Perhaps some worked hard for enourmous sums of cash and some didn't. Its unusual for you to paint with a broad brush..
. But anyway thats not the issue.

The issue is that enhancing wealth for the wealthy does not put as much money into the economy as middle class spending.
Special benefits for the rich only serve to slow an economic recovery since the rich will generally save/hoard money. The wealthy may want to trade up to a better yacht but generally they have alreaady spent on the big ticket items for a lifetime.

Don;t bother to say they will generate more jobs. I agree but those jobs are mostly for China and India.

ECONOMIC PATRIOTISM is a movement encourage the rich to make jobs in America, which they have been loath to do for 25 years.