BillD has it right in saying "just support the economy"... Right now the rich couldn't care less if the economy falls flat on it's face... Actually, their actions are hurting the economy... Let me explain:

The GNP is a sum total of all the dollars that pass hands... The more a dollar passes hands the higher the GNP and the higher the GFP the higher the "growth" and the lower the "unemployment"... That's what we had going on in the 90s with high growth, high GNP and low unemployment...

And then came the Bush tax cuts which we were told was supposed to create even more jobs... It didn't... Borrowing money from China to build and sell houses may have created jobs for awhile but it wasn't real growth... It was a party with the bills being put on the credit card...

Meanwhile, the tax cuts, especailly those to the high earners went un-invested and hoarded... Yes, it made rich richer but if it was intended to "trickle down" there wasn't any trickle in that pickle...

Bottom line... There is so much cash being hoarded by individuals, Wall Street and corporations that it is now doubly hard to break out of the recession that Bush left for *US*... Recent reports, which are probably conservative, have the Fortune 500 hoarding $1.7T in un-invested cold cash... That is money that doesn't change hands and therefore a drain on growth and GNP... Factor in rich individuals with that and other cash-stashes and what we have is about $15T out of circulation!!! That is hurting the country and those hoarding it know it but don't care because they want Obama to fail because they understand that he has every intention of pushing them to pay rates that they paid in the 90s and they don't want to do that... It should be pointed out that the rich did very well under those rates but that argument seems lost on the money hoarders...

The End of Economics 001 (non-credit, remedial)...

Professor Bobert